8-Each Party Hereto will Bear its Respective Banking Costs / Charges.
7- SHIPMENT COMMENCES AS AGREED.
6- UPON RECEPTION AND ACCEPTATION OF ABOVE MESSAGE, SELLER ISSUES POP and PBG WHICH ACTIVATE THE L/C,
5- WITHIN 5 BANKING DAYS AFTER SIGNATURE OF CONTRACT, BUYER ISSUES BY SWIFTMT705 A PRE-ADVISE L/C IN FAVOR OF SELLER.
2-UPON RECEPTION OF THE SIGNED AND SEALED ICPO, SELLER ISSUES FCO ALONG WITH DRAFT CONTRACT FOR BUYER.
3-THE BUYER REVIEWS AND SIGNS DRAFT CONTRACT AND RETURNS TO SELLER.
4-THE SELLER
1-BUYER ISSUES AN ICPO along with IMFPA/NCND
PROCEDURE:
PAYMENT: Non-operative, IRREVOCABLE, TRANSFERABLE Once (End Beneficiary is RUSSIAN MAJOR REFINERIES) / SUBSIDIARIES),DIVISIBLE, DOCUMENTARY LETTER OF CREDIT (DLC) ISSUED /OR CONFIRMED BY TOP WORLD BANK, PAYABLE 100% AT SIGHT AGAINST SHIPPING DOCUMENTS.
When can you confirm below payment and procedure? After that we can work on the price.
And you need it in one vessel or two or how many??
Please inform port or ports of delivery.
RUSSIAN BASE OIL SN 500 and RUSSIAN BASE OIL SN 150