TRANSACTION: TTO DISCOUNT: $12/4 INSTRUMENT: IBPU OR BEC (N1 BILLION). *IBPU MUST BE FROM A PRIME BANK NOT A LOCAL BANK SELLER’S BLCO LOME/GHANA WATERS PROCEDURES FOR TTO DELIVERY WITH IBPU FOR TOTAL CARGO 12/4 DISCOUNT FIRST SELLER NEEDS TO KNOW THE NAME OF THE BANK AND COUNTRY ISSUING THE IBPU
PRICE: $10 / 4 MARINAZ Procedure for CIF to ASWP 3.2) Within 48 hours after signed SPA, Buyer’s BANK issues pre-advice MT705 for $200m in favour to Seller’s nominated bank stating RWA to issue DLC via MT700 while Seller’s nominated Bank responds RWA to receive the DLC. 3.3) Within 48 hours after Seller’s Bank’s response, […]
PRICE: $10 / 4 MARINAZ PROCEDURE FOR CIF to ASWP 1.Seller issues SPA while the Buyer signs and returns with international passport, company registration certificate, CIS, ATB/NOR/ETA Format and Shipping Agent info. Seller sends his company’s registration certificate and international passport, with his 2023 NNPC allocation ATS 2a. BANKING PROCESS: Buyer’s prime Bank issue Pre-Advice […]