BLCO TTO NIGERIA, COTONOU, LOME, GHANA WATER AVAILABLE

 *BLCO TTO NIGERIA, COTONOU, LOME, GHANA WATER AVAILABLE*

*Price:* $12/$8

*Requirement: N200m bank draft*

Exchange of preadvices by both Bank before buyer's bank issue N200m bank draft.

*FULL PROCEDURE*

1. SELLER SENDS SIGNED CONTRACT/SPA TO BUYER. BUYER SIGNED CONTRACT AGREEMENT SEALED WITH FULL BANKING COORDINATES OF BOTH PARTIES AND THEIR AGENTS, INCLUDING THE BANKING ACCOUNTS COORDINATES/ DETAILS TO ISSUE BANK DRAFT.

2. BUYER RETURN DULY SIGNED CONTRACT/SPA TO SELLER ATTACHED WITH NOR/ETA, INSPECTION COMPANY VALID PASSPORT DETAILS AND MATB/NOR FORMAT.

3. SELLER RELEASE FIDUCIARY NOMINATED BANK ACCOUNT DETAILS/ VERBIAGE TO BUYER.

4. BUYER'S BANK ISSUES A PRE-ADVICE TO SELLER'S FIDUCIARY PARTNER VIA SECURED BANK TO BANK EMAIL STATING THAT.

*ISSUANCE of N200, MILLION NAIRA BANK DRAFT.*

5. SELLER'S FIDUCIARY BANK RESPOND VIA SECURED BANK TO BANK EMAIL, CONFIRMING READINESS TO RECEIVE N200, MILLION NAIRA BANK DRAFT AND SUCCESSFUL CONFIRMATION OF N200, MILLION NAIRA BANK DRAFT.

6. BUYER WITHIN 48HOURS PROCEEDS AND ISSUES N200, MILLION NAIRA BANK DRAFT FROM ANY OF THE LOCAL BANKS IN NIGERIA WITH VALIDITY PERIOD OF 30 DAYS AND SEND SCANNED COPIES VIA SECURED BANK TO BANK EMAIL ATTACHED WITH A BANK CONFIRMATION LETTER FROM THE ISSUING BANK IN POSSESSION OF THE BANK DRAFT AND SEND COPIES TO SELLER FOR CONFIRMATION AS PROOF OF LOGISTICS ASSURANCE.

7. SELLER/NNPC TERMINAL NOMINATE A LOADED VESSEL OR ASSIGN ANY LOADED VESSEL IN OR ALREADY ON VOYAGE TO THE BUYER’S PORT IN FAVOUR OF THE BUYER.

9. SELLER/NNPC TERMINAL SENDS SCANNED COPIES OF LOADED VESSELS DOCUMENTS IN FAVOUR OF BUYER'S NAME THROUGH *NNPC TERMINAL OFFICIAL EMAIL DOMAIN TO BUYER FOR CONFIRMATION* AND SELLER/NNPC AUTHORIZE  LOADED VESSEL CAPTAIN TO ISSUE NOR/ETA FROM HIS EMAIL DOMAIN IN FAVOUR OF BUYER’S/HARBOR MASTER FOR SMOOTH OPERATIONS TO THE BUYER'S PORT OF Q/Q. (GHANA WATERS)

10. SELLER/NNPC SET LOADED VESSEL SAILS TO BUYER'S PORT OF Q/Q (GHANA WATER) AND SELLER/NNPC INSTRUCT LOADED VESSEL CAPTAIN TO MAKE ANNOUNCEMENT IN FAVOUR OF BUYER NAME AND ISSUES MARINE AUTHORITY TO BOARD (MATB) TO THE BUYER’S INSPECTION TEAM TO BOARD.

11. BUYER’S SUPERCARGO/ INSPECTION TEAM BOARD THE SELLER/NNPC LOADED VESSEL AT BUYER’S EXPENSE, UPON ATTESTATION BUYER  PAY SUM OF $1, MILLION USD INTO SELLER'S NOMINATED ACCOUNT FOR LOGISTICS/ DOCUMENTATIONS

12. WITHIN 72 HOURS OF THE RECEIPT OF THE Q/Q REPORT BY BOTH PARTIES, BUYER’S BANK SWIFT TOTAL CARGO VIA MT103 TO SELLER/NNPC NOMINATED BANK ACCOUNT BASED ON Q&Q OUT-TURNED AND SELLER/NNPC INTRODUCE BUYER TO VESSEL HANDLER FOR PRE- CHARTER ARRANGEMENTS.

13. BUYER MAKES PAYMENT FOR THE FULL CARGO OR PRODUCT TO SELLER/NNPC NOMINATED BANK ACCOUNT AND TO ALL COMMISSIONS ARE SIMULTANEOUSLY PAID LESS $1M..

14. SELLER/NNPC SENDS ALL ORIGINAL CARGO AND TITLE DOCUMENTS IN BUYER'S NAME.

16. SELLER/NNPC ALLOW THE LOADED VESSEL TO SAIL TO THE BUYER’S PORT OF DISCHARGE.

NOTE: INSPECTOR AND SUPERCARGO MUST POSSESS COVID-19 VACCINATION CERTIFICATES OR CURRENT COVI-19 FREE MEDICAL CERTIFICATES AND OBSERVE COVID-19 PROTOCOLS.