PROCEDURE FOR CIF- DELIVERY ROTTERDAM /CHINA PORT WATER

 ANY SERIOUSLY BUYER THAT NEED BLCO CIF DLC MT700 THAT IS READY TO FOLLOW MY PROCEDURE SHOULD CONTACT ME PRIVATELY

PROCEDURE FOR CIF- DELIVERY ROTTERDAM /CHINA PORT WATER

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NEED A SERIOUS BUYERS THAT NEED BLCO FOR CIF CHINA 

ARTICLE 2 : PROCEDURE FOR CIF- DELIVERY CIF/ ROTTERDAM OR CHINA.

1: BUYER & SELLER SIGN nnpc AND SEAL CONTRACT AND EXCHANGE THE SIGNED COPY BY ELECTRONIC MAIL. THE ELECTRONIC SIGNED COPY BY BOTH PARTIES IS CONSIDERED LEGALLY BINDING AND ENFORCEABLE.

2: BUYER returns signed contract with duly filled KYC-CIS form of the account holder issuing the bank RWA and MT799 pre-advice/ Mt 700 LC  

3: BUYER sends RWA issued to him by his bank (IN ACCORDANCE TO SELLER'S VERBIAGE) of the total cost of the cargo. Seller sends the nominated account to receive the MT700 LC to the Buyer

4: Seller/ fiduciary confirms the buyer’s  Buyer's bank sends via swift MT700 LC Pre-advice to the Seller's nominated bank. Seller's nominated bank confirms readiness to receive the Buyer's MT700 LC via mt 700 pre-advice. Buyer's bank sends via swift MT700 LC.

5:  Seller issues the confirmable POP and NOMINATED VESSEL details in Buyer’s name for one way voyage charter or full charter to Buyer’s port of dis-charge.

6: Seller furnishes Buyer with CPA & Q88 and the following documents are provided to Buyer and/or Buyer’s bank:

i) Clean – on – Board Ocean Bill of Lading

ii) Certificate of Quantity (SGS or equivalent)

iii) Certificate of Analysis (optional)

iv) Certificate of Origin

v) Certificate of Quality

vi) Seller’s Commercial Invoice

vii) Vessel Ullage Report {optional}

viii) Receipt of Samples (optional)

ix) Cargo Manifest

7: After the vessel has discharged its cargo at Buyer’s designated port outlined above and Buyer has received the Port Discharge Q & Q Report from SGS Inspectors, including all relevant documents presented by the Seller after the time of cargo delivery as required by the payment instrument, Buyer must make the payment by MT103 OR SWIFT Wire Transfer to Seller’s Bank Account for this transaction and to all Payees named herein.

8: Payments are made by MT103 OR Swift Wire Transfer directly to the Seller’s bank accounts and all parties as stipulated in this agreement within three (3) international banking days after product delivery and discharge at Buyer’s nominated port of discharge against presentation of stated shipping documents (non-negotiable copies) at Buyer’s bank.

9. Commission Structure:-

Buyer pays Seller mandates/broker commissions as per signed NCNDA/IMFPA

       Buyer pays Buyer mandates/broker Commissions as per signed NCNDA/IMFPA