Diesel Fuel En590 <10 Ppm

1. Buyer issues ICPO and sends along with KYC/CIS documentation.

2. Seller issues Commercial Invoice and sends along with KYC/CIS

documentation.

3. Buyer signs Commercial Invoice and SPA and returns it to seller.

4. Buyers bank send NOR ( notice of readiness to purchase) using the reference on the icpo.

5. Seller provides the following PPOP to Buyer:

a. Commitment to supply.

b. Certificate of origin.

c. Product passport

d. DIP Test Analysis. (Fresh SGS full report, in Rotterdam 24-48 hours old)

e. Tank Storage Receipt (TSR) - Including GPS Co-Ordinates & Tank Hub Numbers

f. Injection Report.

g. ATV / Authorization to verify (physical verification of TSR).

h. ATSC (Authorization to Sell & Collect).

i. Unconditional Dip Test Authorization (UDTA).

6. (Optional) Buyer conducts Q & Q analysis on product in Seller’s tanks.

7. After successful dip test, Buyer issues CPA & Q88 for Seller to verify. The seller injects the fuel into Buyer’s vessel. 

8. Buyer pays within 24 – 48 hours via MT103 for total amount as invoiced and the Seller transfers the product title.

9. Seller issues 12-month delivery contract for acceptance.

10. Buyer issues a revolving DLC/MT700 or SBLC/MT760 for the contract.

11. Seller pays both Seller Intermediaries and Buyer Intermediaries within 48 hours. (After confirmation receipt of payment)

NOTE: Some of our clients in return for giving us a DLC as payment guarantee they get a 100% performance bond from us.