This is to inform all clients that they should go through our
procedures, our procedures is for all prospective facilitators, Buyers and
Mandates. Our procedures is free and fair to work with, kindly go
through carefully and contacts us immediately by giving us a full
details of what you really want send us a LETTER OF INTENT (LOI) address
it to CRUDEOIL LINERS GROUP..
APPROVED FOB PG OPTIONAL PROCEDURE (OPTION 1)
1. Buyer/Seller sign contract (Sales/Purchase Agreement - “SPA”).
2. Buyer's bank issues a Performance Guarantee of Two Million Dollar to seller's bank according to the seller's approved Verbiage.
3. Buyer sends Complete Vessel Details to seller for Programming in buyer's name.
4. Buyer’s bank, in no more than 7 banking days after the Verification of the Programming, issues an Operative, Irrevocable, Standby Letter of Credit in favor of the Seller according to seller's approved Verbiage, transmitted by SWIFT MT760 to Seller’s nominated bank.
5. Buyer's Vessel shall be called into the Terminal and Loading takes place.
6. As per SPA and SBLC payment terms, payment is made by SWIFT, issuing directly to Seller, Intermediaries, Facilitators and Brokers on Q & Q at the Loading Port.
1. Buyer/Seller sign contract (Sales/Purchase Agreement - “SPA”).
2. Buyer's bank issues a Performance Guarantee of Two Million Dollar to seller's bank according to the seller's approved Verbiage.
3. Buyer sends Complete Vessel Details to seller for Programming in buyer's name.
4. Buyer’s bank, in no more than 7 banking days after the Verification of the Programming, issues an Operative, Irrevocable, Standby Letter of Credit in favor of the Seller according to seller's approved Verbiage, transmitted by SWIFT MT760 to Seller’s nominated bank.
5. Buyer's Vessel shall be called into the Terminal and Loading takes place.
6. As per SPA and SBLC payment terms, payment is made by SWIFT, issuing directly to Seller, Intermediaries, Facilitators and Brokers on Q & Q at the Loading Port.
APPROVED FOB PROCEDURE (OPTION 2)
1. Buyer/Seller sign contract (Sales/Purchase Agreement - “SPA”).
2. Buyer's bank contacts seller's bank by MT 199/799 for familiarization.
3. Seller's bank responds with MT199/799.
4. Buyer’s bank, in no more than 7 banking days of execution of SPA, issues a Non-operative, Irrevocable, Standby Letter of Credit in favor of the Seller, transmitted by SWIFT MT760 to Seller’s nominated bank.
5. Seller’s bank, in no more than 7 banking days of receipt of Buyer’s Non-operative SBLC, shall issue by SWIFT to buyer's bank a 2% Performance Bond in favor of the Buyer, thereby, automatically making the SBLC operative.
6. Buyer shall provide to the Seller the necessary information pertaining to Vessel ETA to facilitate the smooth loading of cargo at designated loading port.
7. Buyer's Vessel called into the Terminal and Loading takes place.
8. As per SPA and SBLC payment terms, payment is made by SWIFT issuing directly to Seller, Intermediaries, Facilitators and Brokers on Q & Q at the Loading Port.
1. Buyer/Seller sign contract (Sales/Purchase Agreement - “SPA”).
2. Buyer's bank contacts seller's bank by MT 199/799 for familiarization.
3. Seller's bank responds with MT199/799.
4. Buyer’s bank, in no more than 7 banking days of execution of SPA, issues a Non-operative, Irrevocable, Standby Letter of Credit in favor of the Seller, transmitted by SWIFT MT760 to Seller’s nominated bank.
5. Seller’s bank, in no more than 7 banking days of receipt of Buyer’s Non-operative SBLC, shall issue by SWIFT to buyer's bank a 2% Performance Bond in favor of the Buyer, thereby, automatically making the SBLC operative.
6. Buyer shall provide to the Seller the necessary information pertaining to Vessel ETA to facilitate the smooth loading of cargo at designated loading port.
7. Buyer's Vessel called into the Terminal and Loading takes place.
8. As per SPA and SBLC payment terms, payment is made by SWIFT issuing directly to Seller, Intermediaries, Facilitators and Brokers on Q & Q at the Loading Port.
Having gone through this procedure and you agree to the terms, kindly sends us a LETTER OF INTENT or give us a full details of what you really want so we can proceed immediately.
Email: crudeoilliners@gmail.com, crudeoiltransnational@gmail.com
