详情
Below is a CIF procedure from one of our allotte with NNPC in
Nigeria. A little bit of a strict procedure but its because we know
our capability.
NNPC / FINANCIER LIFTING PROCEDURE
I. Buyer and Seller sign and seal this Contract including
banking coordinates and exchange the signed copy by electronic
mail. The electronic signed copy by both Parties is considered
legally binding and enforceable.
II. Buyer’s bank sends Proof of Funds (POF) on bank-to-bank
swift. MT**9/MT**0/BG/SBLC to seller bank Confirmation of buyer’s
blocked funds for the actual transaction revolving to the expire
day of the contract .
III. Seller, ie NNPC, upon the financier bank confirm to him
the block fund within (*4) banking days issues the confirmable POP
and PROVISIONAL LIFTING RIGHT and NOMINATED VESSEL details in
Buyer’s name for one way voyage charter or full charter to Buyer’s
port of dis-charge.
IV. Within sixteen (*6) banking days of III above, Seller
furnishes Buyer with CPA & Q*8 and the following documents are
provided to Buyer and/or Buyer’s bank:
*1 Clean – on – Board Ocean Bill of Lading
*2 Certificate of Quantity (SGS or equivalent)
*3 Certificate of Analyses (optional)
*4 Certificate of Origin
*5 Certificate of Quality
*6 Seller’s Commercial Invoice
*7 Vessel Ullage Report {optional}
*8 Receipt of Samples (optional)
*9 Cargo Manifest
V. After the vessel has discharged its cargo at Buyer’s
designated port outlined above and Buyer has received the Port
Discharge Q & Q Report from SGS Inspectors, including all
relevant documents presented by the Seller after the time of cargo
delivery as required by the LC, Buyer must make payment by SWIFT
Wire Transfer to Seller’s Bank Account for this transaction and to
all Payees named herein.
VI. Payments are made by Swift Wire Transfer directly to the
Seller’s bank accounts and all parties as stipulated in this
agreement within three (3) international banking days after product
delivery and discharge at Buyer’s nominated port of discharge
against presentation of stated shipping documents (non-negotiable
copies) at Buyer’s bank.
VII. the signatures on this contract by the Buyer and by
Seller mean both parties accept all the contents as for Quantity,
Price and Procedures
BONNY LIGHT SPECIFICATION (BLCO)
Specific Gravity: 0.***9.
Water Content: 0.2% Vol. Max
BSW: 0.6% Vol., max.
Pour point: Below *0 Degree F. max
Salt: LB per 1,**0 bbl, *2, max
Total Sulphur, wt%: 0.*4 max
Reid Vapor Pressure: 6.*2 PSIG, max
Carbon Residue, wt%: 1.0, max.
VINI, PPM wt: 2. 0
Vis, *@********************min.
Yield C*-C4 wt%: 2.*0
PLEASE NOTE:
AFTER RECEIVING BUYER‘S PAYMENT GUARANTEE UNDER *2 HOURS
SELLER CAN GIVE BUYER 2% PERFORMANCE BOND, PB.
