Buyer Looking For Diesel
EN590
Buy
Confirmed
Buyer Requirements
Quotations Received 2/15
TRANSACTION PROCEDURE - FOB TANK TO TANK
1. Buyer issues ICPO with the seller terms and conditions and their TSA.
2. Upon seller satisfaction of the ICPO from the buyer, the seller issues commercial invoice.
3. Buyer studies and signs the commercial invoice within 3 working days and returns it to the seller.
4. Upon the seller receiving the signed copy of the commercial invoice from the buyer, seller issues to the buyer the below PPOP document:
(A) Statement of availability
(B) Commitment Letter to supply
5. Upon buyer receiving the PPOP document, seller requests the buyer to provide TSR from their storage company with GPS coordinate.
6. Upon receiving the TSR and GPS coordinate from the buyer tank farm, seller shall issue the Dip test Authorization and Authorization to verify.
7. Upon seller issuing the DTA to buyer, seller shall immediately start injection and submit to buyer the daily injection report.
8. Upon the completion of the injection, seller shall commence dip test and issue to the buyer the following POP Document:
(A) Authorization to sell and collect
(B) Certificate of Origin
(C) Fresh SGS Report
(D) Affidavit of Transfer of ownership of product
9. Upon buyer receiving the POP document, buyer signs the affidavit of transfer of ownership certificate.
10. Buyer makes 100% payment by MT103/TT wire transfer for the total product and Seller pays commission to all intermediaries involved in the transaction within 24 hours after confirmation of the buyer's payment, then seller issues buyer the Title of Ownership.
11. Seller issues draft Contract for buyer to review for R &E monthly deliveries.
12. Buyer reviews and approves the contract and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 months, Shipment value, documentary letter of credit for the length of contract and for each lift-able as scheduled.
13. Buyer pays after Dip Test by MT103 Wire Transfer on each monthly quantity.
14. The subsequent delivery shall commence according to the terms and conditions of the contract, and mandates/intermediaries receive their commissions according to monthly delivery.
1. Buyer issues ICPO with the seller terms and conditions and their TSA.
2. Upon seller satisfaction of the ICPO from the buyer, the seller issues commercial invoice.
3. Buyer studies and signs the commercial invoice within 3 working days and returns it to the seller.
4. Upon the seller receiving the signed copy of the commercial invoice from the buyer, seller issues to the buyer the below PPOP document:
(A) Statement of availability
(B) Commitment Letter to supply
5. Upon buyer receiving the PPOP document, seller requests the buyer to provide TSR from their storage company with GPS coordinate.
6. Upon receiving the TSR and GPS coordinate from the buyer tank farm, seller shall issue the Dip test Authorization and Authorization to verify.
7. Upon seller issuing the DTA to buyer, seller shall immediately start injection and submit to buyer the daily injection report.
8. Upon the completion of the injection, seller shall commence dip test and issue to the buyer the following POP Document:
(A) Authorization to sell and collect
(B) Certificate of Origin
(C) Fresh SGS Report
(D) Affidavit of Transfer of ownership of product
9. Upon buyer receiving the POP document, buyer signs the affidavit of transfer of ownership certificate.
10. Buyer makes 100% payment by MT103/TT wire transfer for the total product and Seller pays commission to all intermediaries involved in the transaction within 24 hours after confirmation of the buyer's payment, then seller issues buyer the Title of Ownership.
11. Seller issues draft Contract for buyer to review for R &E monthly deliveries.
12. Buyer reviews and approves the contract and issues SBLC/IRDLC irrevocable, non-transferable, auto revolving for 12 months, Shipment value, documentary letter of credit for the length of contract and for each lift-able as scheduled.
13. Buyer pays after Dip Test by MT103 Wire Transfer on each monthly quantity.
14. The subsequent delivery shall commence according to the terms and conditions of the contract, and mandates/intermediaries receive their commissions according to monthly delivery.
Category:
Quantity:
100000 MT
Payment Terms:
T/T
Trade Terms:
FOB
Destination Port:
ROTTERDAM • HOUSTON
Buyer Detail
Business Types:
Broker
Year Established:
2025
Numbers Of Employees:
1-10 employees
Import Categories:
Payment Term:
T/T
Trade Term:
FOB
Destination Port:
ROTTERDAM • HOUSTON
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