MAJOR procedures needed for D2 and JP54 procurement from actual allocation holder

Due to major changes in banking procedures, now seller needs to demonstratehis/her/their ability to deliver, which means that full or soft POP should be presented to buyer's bank. Buyer's bank in response will respond by demonstrating buyer's financial ability.
 

Our buyer is willing to demonstrate his financial capability, but we need to know if seller is real. Therefore, to start with we need to have seller's information which will be extracted from his FCO.

Another way to accomplish this is to have the actual allocation holder talk to buyer's mandate, to do the initial introduction. Regardless, buyer's bank will not issue any financial capability unless seller proves that he/she/they actually have the product and can produce for "MAJORS". Please see general procedures below.

GENERAL PROCEDURES:

1-Seller issues official FCO

2-Communication between principal seller and principal buyer

3-Contract

4-Seller provides full or soft POP

5-Buyer's bank provides BCL

6-Seller's bank issues non operative 2% PBG

7-Activation of buyer's MT-103 or LC

8- Shipment

Only Seller, their expressed authorized Seller Agent with Mandate letter in hand or actual allocation holder please to contact us.