OIL - D2 CONTRACTS (Offer to Sell)

Annandale Capital

Trade Lead Description: Min: 1M MT/m x 12 m Max: 5M MT/m x 12 m Prefer the 4-5M MT/m Prices: $620/$610 CIF Contract Procedure: 1. Buyer sends ICPO w/ Authorization for Soft Probe. 2. Seller accepts ICPO & returns FCO w/banking details & Buyer signs & returns the FCO, w/Banking Details. 3. Buyer's Bank issues a {BCCL}/MT 799 to Seller's Bank {Bank-To-Bank} w/ copy to Seller. 4. Seller's Bank verifies BCCL, & sends a partial POP to Buyer's Bank. Seller's Bank confirms Buyer's BCCL verification to Seller & Seller issues CONTRACT AGREEMENT, based on the agreed terms in the FCO w/IMFPA/NCNDA. 5. Buyer & Seller sign & execute the contract w/IMFPA/NCNDA. Buyer & Seller deposit signed copies of contract w/their respective banks. Buyer's bank issues a Pre-DLC{non-Operative DLC}. 6. Seller's Bank verifies, accepts, & confirms terms & conditions of Pre-DLC & issues Bank-To-Bank. Full POP. 2% PB. 7. Buyer's Bank receives, verifies, accepts POP & 2% PB. 8. Buyer's Bank confirms the DLC to Seller's Bank. Seller's bank advises Sellers, & shipment commences per schedule, 30-45 days from receiving & confirmation of Bank payment instruments. Posted from US - California on 7 August, 2008 Last Modified on 13 August, 2008   Type of Offer: Offer to Sell Quantity: Min 1M x 12, Max 5M x 12 Packaging: Not Specified Price / Incoterms Conditions: Not Specified Company Name: Annandale Capital  Contact Person: Andres Figueroa Location: US - California Hotels in California, US Companies from US Trade Leads from US Products from US Classification: Chemicals - Petroleum Products: Crude Oil