Crude Oil (Sellers) Published date: July 16, 2018

CIF AMERICA/ EUROPE/CHINA
PROCEDURE2::
1. SELLER AND BUYER SIGN SPA AND BUYER GIVES NOR ETA AND ATB FORMAT.
2. BUYER'S BANK ISSUES RWA TO NNPC BONNY TERMINAL AND COPIES THE SELLER.
3. SELLER ISSUES ATS/ POP IN SELLER AND BUYER'S NAME WITH NOR ETA AND BUYER UPON CONFIRMATION BUYER GIVES MT.760 FOR FULL CARGO.
4. VESSEL SAILS TO EUROPE OR AMERICA/CHINA AND UPON ARRIVAL VESSEL ISSUES NOTICE OF ARRIVAL AND NNPC AGENT WITH BUYERS SHIPPING AGENT CONDUCT CUSTOM CLEARANCE TO BUYERS POINT OF DISCHARGE.
5. VESSEL ISSUES MARINE ATB AND BUYERS INSPECTION TEAM BOARD TO CONDUCT CIQ.
6. BUYER PLACES MT.103 TO SELLER'S NOMINATED ACCOUNT UPON INSPECTOR DISEMBARKING WITH SAMPLE AND PRODUCT IS DISCHARGED INTO BUYERS TANKFARM AND FINAL DOCUMENTATION HARD COPIES ISSUED IN BUYERS NAME.
7. UPON Q AND Q REPORT, SELLERS COMMERCIAL INVOICE AND HARD COPIES OF CARGO DOCS, PAYMENT IS EFFECTED TO SELLER AND ALL INTERMEDIARIES RECIEVE THEIR COMMISSIONS AS STIPULATED IN SALES AND PURCHASE AGREEMENT.
8. TRANSACTION IS CLOSED AND NEW ONE COMMENSES.

Serious Buyers or Buyer's Mandate should contact me on +2348159376119 or send me a message at godwin@sellforce.org and copy godwinwealth11@gmail.com . Thanks

• Company Name: Sellforce Nigeria Limited
• Country: Nigeria

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