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My procedures are simple: if you seller can supply a Bank issued 2% non operative Performance Bond, my buyer is ready to open the Letter of Credit right away. If your seller cannot do this, please do not cotact us. If he can do so, please send me your soft-offer or FCO a.s.a.p.
If you are a Mandate, please be ready to submit your Mandate Letter or Power of Attorney attesting to the fact that you are in fact selling for a verifiable source. We WILL verify.
We DO NOT supply BCL, POF or ICPO before discussing the 2% PB, price and other conditions. We have access to buyers for 18 refineries and need between 2MM to 6MM bbls of BLCO for 12 to 60 months.
Thanks
Jennifer Stouter
1(443)302-0005
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