1.
Seller presents POP or CPA for verification by buyer
2. Seller and Buyer sign spa and lodge with full banking
details and lodge with their various banks.
3. Buyer furnishes Seller with valid CPA, Q*8 and ATL &
POF. Seller confirms CPA and authorize his mother captain
vessel to issue marine NOR and copy buyer and buyer confirms
NOR and through his bank issue LC.
4. Seller confirms LC and authorize his captain to sail to
alongside with
Buyer feeder vessel and upon alongside, captain issue marine
ATB to buyer. Buyer nominates inspector /supercargo and
inspector boards vessel and conduct Q&Q and after
successful Q&Q Transhipment commences and Buyer pays *0%
of cargo.
5. Seller shall change all documents to buyer’s name and soft
copy send to
buyer’s bank and buyer shall within *8hrs pay for the balance
of entire cargo and commission through swift according to
names on SPA.
6. Seller shall hand over hard copy of documents to Buyer and
vessel sails to buyer’s destination
