We are offering Russian OIL D2. Looking for real buyers.
Product---Russian Specs Diesel D2
Quantity---minimum 100, 000 MT per month x12
Payment Terms----United States Dollars (USD) to be assisted 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 with Bank references for Soft Probe
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.
Shipping
SGS signs BOL verifying Quality / Quantity
BOL transmitted to Buyers corresponding Bank
Funds transfer to Seller
Thanks
Best Regards
Du Chan
