Product detail:
Detailed Selling Lead Description 1) Sale High Speed Diesel D2 Ex Petronas. Minimum 5. 000mt per Shipment. Fixed Price available Payment term: SBLC, BG, T/ T, L/ C Inquiry: buyer mandate only. Price Including Delivery of Cargo. 2) We suply Russian OIL D2. Quantity: 100, 000 MT (min) per month x12 Payment Terms: by an Irrevocable Transferable, confirmed, assignable, divisible And Auto-Revolving Documentary Letter of Credit (DL / C) 100% at sight. Performance Bond Guarantee 2% ---by Seller Procedures as follows: Buyer issues LOI Seller issues FCO and Draft Contract on Firm Terms and Conditions Buyer sends back signed / sealed FCO with Confirmed Contract. Buyer and Seller sign contract and lodge and Endorse with respective Banks. Buyers Bank issues pre-advice LC or Bank Comfort Letter (BCL) , to the effect that the Bank will execute Bank Guarantee, upon Presentation by the Seller of PB Sellers Bank issues POP to Buyers Bank Sellers Bank issues 2% PB and activates L / C or bank guarantee / SBLC. Shipping SGS signs BOL verifying Quality / Quantity BOL transmitted to Buyers corresponding Bank Funds transfer to Seller