Our partner in Vietnam who is the Government Officer with many potential buyers with import license
We are interesting in Gasoline 92,95 ,Gas oil and Fuel oil and expecting long term ship with you in Vietnam market.
We need directly seller or mandate holder to work with and sign Cooperative Agreement
My partner needs negotiable procedures, good price and Only CIF term and overpricing, buyer’s spec.
Please offer performance (best) and similar procedures
1. Seller issues SCO to buyer
2.Buyer issues LOI / ICPO
3.Seller issues a draft contract and PPOP
4.Buyer signs the contract and returns the signed copy to Seller
5.Both parties lodge the copies of the signed contract to their respective banks
6.Seller’s bank issue a 2% performance bond to buyer’s bank after the contract is signed
7.Buyer’s bank issues a DLC to Seller’s bank after the seller post 2% performance bond
8.Seller loads product and issues POP and vessel sail to destination port
9. Once vessel arrived to destination port, after SGS inspection full Payment will be released to Seller and all Parties, seller handover title ownership