Bitumen

We have Bitumen 40/50, 60/70 and 80/100, 50,000 MT at $300/$320per MT with possible extensions for 12 months, we have partial POP ready for dispatch to ONLY serious buyers, product is in Antwerp ready for CIF delivery. This product is only available because our buyer defaulted contract by issuing un-genuine payment instruments which was just discovered, this offer is open for just a few days.

Procedures:

1. Seller issues SCO

2. Buyer signs SCO as acceptance and issues LOI

3. Seller issues draft contract and partial POP for buyer verification.

4. Buyer and seller sign draft contract and lodge with respective banks

5. Buyers bank issues pre-advice MT799 informing sellers bank of readiness and readiness to issue Fresh Cut Irrevocable Bank Guarantee MT760 for cargo value.

6. Sellers bank respond by swift advising buyers bank of readiness and willingness to accept Standby Bank Guarantee MT760

7. Buyers bank issues Standby Bank Guarantee MT760 within 5 working days from receipt of seller bank swift.

8. Seller bank issues 2% Performance Bond to activate instrument.

9. Sellers bank confirms and authenticates buyers Standby Bank Guarantee MT760 and send full POP.

10. Seller delivers cargo to buyer not later than 30days of authentication of buyers payment instrument.

Looking forward to your prompt follow up, only from direct buyer /mandate.

Regards,
Joseph.   

Bitumen 40/50
Bitumen 60/70
Bitumen 80/100