Soft Corporate
Offer
Date Issued: August 16, 2011
(Valid for 5 days)
Commodity: D-2 Gas Oil.
Specifications: Attached by Contract.
Packing: Bulk.
Seller : Buckingham Investment Limited
Supplier : Russian Refinery
Quantity: 50,000Metric
Tones.for the trial basis and afterwards upto 250,000MT per month
Origin of Product: Russia Federation
Price: Gross: $ 580.
USD/ Per MT. CIF China Port
Net: $ 560. USD/ Per MT. (Seller Side: Closed, Buyer
Side: $10)
Inspection: By SGS at loading port at sellers’ cost.
Payment: Buyer,
shall provide bank proof of Funds(MT-799).
Bank to bank full fund instrument to Seller’s
account. 100% payable by TT.
7 days after arrival at discharge port in
China.
Performance Bond: 2% issued by
seller after the acceptance of an operative PB.
Procedure:
1.
Buyer sends ICPO.
2.
Seller sends FCO
within 48 hours after receiving buyer’s ICPO.
3.
Buyer signed the
FCO and return to seller within 48 hours.
4.
Seller Draft
Contract for imfpa+ncnda to buyer within 48 hours after receiving signed FCO.
5.
Upon acceptance of
draft contract for amendment, Upon agreement of details on the contract, Seller
and Buyer exchange signed and sealed contract via e-mail. Seller and Buyer
exchange legalized and registered contract through courier and lodge contract
through their respective banks. And the buyer send MT799 to seller bank by
swift. (CO_DITIO_AL BG IS ACCEPTABLE)
6.
Seller Bank provide
2% PB and partial POP to buyer’s bank within 7 banking days after signing the contract.
7.
Buyer’s bank issues DLC(MT700) covering one month value to Seller’s Bank within 7 banking days after receiving seller’s PB and POP. (Non-Trans DLC)
8.
Seller’s bank issue
full POP to buyer’s bank within 7 banking days after receiving buyer’s DLC.
9.
Buyer will make the
payment via TT at unloading port after SGS report within 7 banking days
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