We are here to serve you better that is why CRUDEOIL LINERS GROUP decided to list out our procedures for our products, below is TTO procedure kindly go through carefully, our procedure doesn't require any upfront payment. click on READMORE for more details
1. APPROVED TTO PROCEDURE
1. Seller signs and seals the contract and dispatches to the Buyer in form of email.
2. Buyer countersigns the contract and dispatches a duplicate copy to the Seller in form of email.
3.Buyer and Seller deposit same at their respective Banks.
4. Buyer's bank issues Bank Performance Guarantee of One Million Dollars to Seller's Bank.
5. Seller makes a Full Charter of Vessel and sends Document for Buyer's Confirmation.
6. Buyer's Bank Issues an Operative Documentary Letter of Credit to Seller's Bank.
7. Buyer Places Pay Order to Intermediary Accounts in the Contract.
8. Seller upon Verification and Confirmation, issues Authority to Board (ATB) to Buyer’s Appointed Surveyors and Supercargo at the agreed point.
9. Buyer’s Surveyors and Supercargo go On board; Supercargo Remain On board while Surveyor Collects Sample, comes down for Laboratory Test Analysis and releases Report to Buyer and Seller respectively.
10. Seller grants Buyer access to vessel owners through the Agents and Buyer Perfects Charter Agreement, Voyage Charter or Full Charter.
11. Payment is released by KTT (SWIFT TRANSFER) at Out Turn Barrels to Seller’s Bank and Intermediary Accounts, upon presentation of Transaction Document at the Buyer’s Bank within 72hours of Surveyors Report.
1. APPROVED TTO PROCEDURE
1. Seller signs and seals the contract and dispatches to the Buyer in form of email.
2. Buyer countersigns the contract and dispatches a duplicate copy to the Seller in form of email.
3.Buyer and Seller deposit same at their respective Banks.
4. Buyer's bank issues Bank Performance Guarantee of One Million Dollars to Seller's Bank.
5. Seller makes a Full Charter of Vessel and sends Document for Buyer's Confirmation.
6. Buyer's Bank Issues an Operative Documentary Letter of Credit to Seller's Bank.
7. Buyer Places Pay Order to Intermediary Accounts in the Contract.
8. Seller upon Verification and Confirmation, issues Authority to Board (ATB) to Buyer’s Appointed Surveyors and Supercargo at the agreed point.
9. Buyer’s Surveyors and Supercargo go On board; Supercargo Remain On board while Surveyor Collects Sample, comes down for Laboratory Test Analysis and releases Report to Buyer and Seller respectively.
10. Seller grants Buyer access to vessel owners through the Agents and Buyer Perfects Charter Agreement, Voyage Charter or Full Charter.
11. Payment is released by KTT (SWIFT TRANSFER) at Out Turn Barrels to Seller’s Bank and Intermediary Accounts, upon presentation of Transaction Document at the Buyer’s Bank within 72hours of Surveyors Report.
12. Buyer’s Vessel sails to Discharge Port.
2. APPROVED TTO PROCEDURE
1. Seller signs and seals the contract and dispatches to the Buyer in form of email.
2. Buyer countersigns the contract and dispatches a duplicate copy to the Seller in form of email.
3. Buyer and Seller deposit same at their respective Banks.
4. Buyer's bank contacts Seller's bank by Swift 199/799 for familiarization.
5. Seller's bank responds by Swift 199/799.
6. Buyer’s Bank Issues a Non-Operative SBLC to Seller's Bank.
7. Seller's Bank issues PB to Buyer's Bank to activate the SBLC.
8. Buyer Places Pay Order to Intermediary Accounts in the Contract.
9. Seller upon Verification and Confirmation, issues Authority to Board (ATB) to Buyer’s Appointed Surveyors and Supercargo at the agreed point.
10. Buyer’s Surveyors and Supercargo go onboard; Supercargo Remain Onboard while Surveyor Collect Sample and come down for Laboratory Test Analysis and release Report to Buyer and Seller respectively.
11. Seller grants Buyer access to vessel owners through the Agents and Buyer Perfects Charter Agreement, Voyage Charter or Full Charter.
12. Seller issues the Complete Shipping Document to enable Buyer Process the Full Cash Payment for the Cargo.
13. Payment is released by KTT (SWIFT TRANSFER) at Out Turn Barrels to Seller’s Bank and Intermediary Accounts, upon presentation of Transaction Document at the Buyer’s Bank within 72hours of Surveyors Report.
14. Buyer’s Vessel sails to Discharge 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.
2. APPROVED TTO PROCEDURE
1. Seller signs and seals the contract and dispatches to the Buyer in form of email.
2. Buyer countersigns the contract and dispatches a duplicate copy to the Seller in form of email.
3. Buyer and Seller deposit same at their respective Banks.
4. Buyer's bank contacts Seller's bank by Swift 199/799 for familiarization.
5. Seller's bank responds by Swift 199/799.
6. Buyer’s Bank Issues a Non-Operative SBLC to Seller's Bank.
7. Seller's Bank issues PB to Buyer's Bank to activate the SBLC.
8. Buyer Places Pay Order to Intermediary Accounts in the Contract.
9. Seller upon Verification and Confirmation, issues Authority to Board (ATB) to Buyer’s Appointed Surveyors and Supercargo at the agreed point.
10. Buyer’s Surveyors and Supercargo go onboard; Supercargo Remain Onboard while Surveyor Collect Sample and come down for Laboratory Test Analysis and release Report to Buyer and Seller respectively.
11. Seller grants Buyer access to vessel owners through the Agents and Buyer Perfects Charter Agreement, Voyage Charter or Full Charter.
12. Seller issues the Complete Shipping Document to enable Buyer Process the Full Cash Payment for the Cargo.
13. Payment is released by KTT (SWIFT TRANSFER) at Out Turn Barrels to Seller’s Bank and Intermediary Accounts, upon presentation of Transaction Document at the Buyer’s Bank within 72hours of Surveyors Report.
14. Buyer’s Vessel sails to Discharge 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
