We are a trade company in HK,and also is agency for russia oil products,and we have experience more than 15 years in this line,if you have power to make oil business and also can be acceptable the procedures in below,please contact us,thank you.
1: Buyer issue LOI,togetherwithcompanycertificate,then Seller issue SCO.
1-1. Buyer’sissueICPO,togetherwithcompanycertificate andpassportpage.
2. SellerissuesMasterSale&PurchaseAgreement(MSPA).
Anelectronicallysignedcopyof theMSPAislegallybindingand
lawfullyenforceable.Buyermustsign MSPAwithin 3days.
Bothpartieslodgethefullyexecuted MSPAwiththeir respective bank
3. Buyer’spayingbankshallswiftMT799transmission toSellerfiduciary bankaccountstatingBuyerreadinesstotransactand paymentareready. Within3bankingdays.Buyerprovides carboncopyof SWIFTtoSellerforimmediate confirmationand authentication.
4. SellersentsoftperformanceguaranteePPOPdocumentsgivenbelow:
i. Statementof Availabilityof TheProduct
ii. CommitmentToSupplytheProduct
iii. ProformaInvoice
iv. ProductPassport
v. ProductAllocationExportPermit
5. UponBuyer’sconfirmationof receiptof thedocuments,Buyerwithinseven(7)bankingdays issueswiftMT700DLC to Seller.Sellerwillissue2%PBto buyerwithin3bankingdays.
6. Sellerloads productand send FullSetsof POPdocumentsasbelow:
i. Commercial Invoice
ii. Billof loading
iii. FreshSGS report
iv. Q88andquality specification
v. AllocationTitleOwnershipCertificate,
vi. CharterpartyAgreementtotransporttheproducttodischargeport
7. Vessel sailstoBuyerchoicePort-of-Delivery(POD).Uponarrival atBuyer’sPOD,vesselannounces arrivaltoPortAuthority/Navyandbuyer’sshippingagency clearsvessel into thePODAnchorage.
8. At thearrival totheportof destination,buyerconducts SGS Inspection.Aftersuccessful SGSInspection,thebuyerinstructs hisbankpaytoSeller’sBank AccountviaMT103/wiretransferwithin24hoursof receivingtheFinalCommercial
Contact person & Contact way:
Mr. Jacky Tsui
86 18320705138 / 853 63932378
1: Buyer issue LOI,togetherwithcompanycertificate,then Seller issue SCO.
1-1. Buyer’sissueICPO,togetherwithcompanycertificate andpassportpage.
2. SellerissuesMasterSale&PurchaseAgreement(MSPA).
Anelectronicallysignedcopyof theMSPAislegallybindingand
lawfullyenforceable.Buyermustsign MSPAwithin 3days.
Bothpartieslodgethefullyexecuted MSPAwiththeir respective bank
3. Buyer’spayingbankshallswiftMT799transmission toSellerfiduciary bankaccountstatingBuyerreadinesstotransactand paymentareready. Within3bankingdays.Buyerprovides carboncopyof SWIFTtoSellerforimmediate confirmationand authentication.
4. SellersentsoftperformanceguaranteePPOPdocumentsgivenbelow:
i. Statementof Availabilityof TheProduct
ii. CommitmentToSupplytheProduct
iii. ProformaInvoice
iv. ProductPassport
v. ProductAllocationExportPermit
5. UponBuyer’sconfirmationof receiptof thedocuments,Buyerwithinseven(7)bankingdays issueswiftMT700DLC to Seller.Sellerwillissue2%PBto buyerwithin3bankingdays.
6. Sellerloads productand send FullSetsof POPdocumentsasbelow:
i. Commercial Invoice
ii. Billof loading
iii. FreshSGS report
iv. Q88andquality specification
v. AllocationTitleOwnershipCertificate,
vi. CharterpartyAgreementtotransporttheproducttodischargeport
7. Vessel sailstoBuyerchoicePort-of-Delivery(POD).Uponarrival atBuyer’sPOD,vesselannounces arrivaltoPortAuthority/Navyandbuyer’sshippingagency clearsvessel into thePODAnchorage.
8. At thearrival totheportof destination,buyerconducts SGS Inspection.Aftersuccessful SGSInspection,thebuyerinstructs hisbankpaytoSeller’sBank AccountviaMT103/wiretransferwithin24hoursof receivingtheFinalCommercial
Contact person & Contact way:
Mr. Jacky Tsui
86 18320705138 / 853 63932378
