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Dear Max
We acknowledge your mail . refer to your mail , the refinery procedure on FOB NON RUSSIAN ORIGIN is below for your attention. We look forward to your reply .
FOB TRANSACTION PROCEDURE:
1. Buyer issues ICPO, Company profile CIS, CPA/Q88.
2. Seller issues C I and Buyer signs and returns with NCNDA/IMFP
3. Seller issues the following PPOP documents to Buyer:
(A) Refinery Assurance Commitment Letter to supply the product.
(B) Statement of Availability of Product.
(C) Product Passport (Q & Q Report)
4. Seller¡¯s law firm in the U.S issues an Excrow Agreement to be signed and sealed by Buyer and Seller.
5) Buyer then deposit 2 days¡¯ tank storage fee to the refinery¡¯s U.S. Escrow law firm account which s a guarantee that Buyer will not back out of the transaction. It also serves as proof that Buyer is financially capable of closing the deal and is not after Seller¡¯s vital documents (like SGS) to use in committing internet crimes. Please note that this 2 days¡¯ tank fee shall not be released to the Seller¡¯s tank farm until Buyer performs DTA in Seller¡¯s tanks and is satisfied with the product quantity and quality. It is only after this that the 2 days¡¯ tank fee deposit will be released to the Seller as payment for extension of the tanks where the products are stored.
6) Upon confirmation of MT103 wire transfer of Buyer¡¯s guarantee deposit to the refinery law firm in the USA, Seller issues the following documents:
A) Injection Reports with full coordinates of the tanks location.
B) Certificate of Origin
C) Verifiable and confirmable tank storage receipts with full coordinates of the tanks location.
D) ATV/ ATSC
E) UDTA Unconditional Dip Test Authorization Letter
6. Buyer conducts Dip Test on the products in Seller¡¯s Tanks at Buyer¡¯s expense to obtain fresh SGS in Buyer¡¯s name.
7. Seller and Buyer sign TTVIA Agreement.
8. Seller commences injection of product into Buyer¡¯s Vessel or tanks.
9. Buyer makes payment for the total value of product injected into their Vessel via MT103- TT, and Title is transferred.
10. Seller pays commission within 48 hours by swift MT103 to all intermediaries as per signed NCNDA/IMPFA.
maxschmid418@gmail.com
Wa +264 81 351 4519
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