• Sourcing Solutions
  • Services & Membership
  • Help & Community

Quick Details

  • D2 or Not: Is D2
  • Place of Origin: Russian Federation

Packaging & Delivery

Packaging Details BULK
Delivery Time 25 DAYS

1,   BUYER ACCEPT S SELLER’S PROCEDURE AND ISSUES ICPO WITH THE FOLLOWING: BANKING DETAILS, COMPANY PROFILE, ACCEPTANCE LETTER TO ADHERE TO SELLER’S PROCEDURE AND BUYER’S PASSPORT.

2,   SELLER ACKNOWLEDGES BUYER’S ICPO AND ISSUES CONTRACT TO BUYER OPEN FOR AMENDMENT. BUYER SIGNS AND RETURNS THE CONTRACT TO THE SELLER IN WORD.

3,   SELLER MAKES THE FINAL SIGNATURE AND CONVERTS THE CONTRACT TO PDF AND SENDS TO BUYER AS FINAL CONTRACT ALONG WITH COMMITMENT LETTER TO SUPPLY THE PRODUCT AND CONFIRMING WARRANT. THAT MEANS BOTH PARTIES HAVE ACCEPTED THE TERMS OF THE CONTRACT AND THEY CAN NOW PROCEED TO THE NEXT STEP.

4,   BUYER’S BANK ISSUES IN ACCORDANCE WITH SELLER’S VERBIAGE SBLC OR DLC MT700 WITHIN 5 WORKING DAYS FOR FIRST SHIPMENT’S VALUE TO SELLER’S FINANCIAL BANK TO ENABLE SELLER TO PROCEED IN ARRANGING THE SHIPPING AND POP WHICH WILL BE SENT THROUGH BANK TO BANK SWIFT. FAILURE FROM BUYER TO PROVIDE SELLER WITHIN 5 WORKING DAYS ISSUANCE OF SBLC OR DLC MT700 THEN BUYER WILL REQUEST SELLER TO ISSUE INVOICE AND PAY VIA TT $325,600 AS GUARANTEE ACKNOWLEDGEMENT WITHIN 72 HOURS WHICH WILL BE DEDUCTED FROM THE PRODUCT FACE VALUE WHEN FINAL PAYMENT IS PAID. FAILURE TO COMPLY WITH EITHER FINANCIAL INSTRUMENT OR TT INVOICE WILL AUTOMATICALLY TERMINATE CONTRACT.

5,   UPON SELLER’S BANK CONFIRMATION OF THE BUYER’S INSTRUMENT METHOD OR TT PAYMENT, SELLER SENDS PARTIAL POP TO BUYER (7 SETS BELLOW) AND SELLER INVITES BUYER’S DELEGATE TO VISIT THE REFINERY RESOURCE.

A,   CERTIFICATE OF ORIGIN/INCORPORATION

B,   EXPORT LICENSE AND PERMIT

C,   ALLOCATION CERTIFICATE TO PRODUCE

D,   COMMERCIAL INVOICE

E,   COMPANY TAX PAYER CERTIFICATE

F,   SGS REPORT

G,   TANK RECEIPT.

6,   SELLER’S BANK ISSUES OPERATIVE 2% PB IN FAVOUR OF BUYER’S BANK ACCOUNT, WHICH IS SUBMITTED AND DETAILED IN THE MUTUALLY AGREED SIGNED CONTRACT.

7,   SELLER SENDS TO BUYER THE REGISTERED HARD COPY OF THE CONTRACT THROUGH COURIER SERVICE WITHIN 3 WORKING DAYS, WHILE AT THE SAME TIME SELLER APPOINTS AND SIGNS A CHARTER PARTY AGREEMENT WITH THE SHIPPING COMPANY TO FINALIZE THE DELIVERY PROCESS SCHEDULE.

8,   SELLER BANK SENDS TO BUYER’S BANK THROUGH SWIFT THE FULL PROOF OF PRODUCT (POP). BUYER NOTIFIES SELLER BY OFFICIAL WRITTEN NOTICE OF HIS BANK RECEIVING SELLER’S POP DOCUMENTS AND ALSO SELLER BANK GUARANTEES THE 2% PB. SELLER PAYS FOR THE TRANSFER OF OWNERSHIP TITLE TO BUYER’S COMPANY NAME AS THE CURRENT TITLE HOLDER.

9,   SHIPMENT COMMENCESS AS SCHEDULED IN THE CONTRACT AND UPON ARRIVAL OF THE CARGO AT THE DISCHARGE PORT AND AFTER SGS/CIQ OR EQUIVALENT INSPECTION IMMEDIATELY BUYER’S BANK RELEASES THE TOTAL VALUE OF THE SHIPPING TO SELLE R’S B ANK WITHIN 72 HOURS BY TT 103 AFTER BUYER RECEIVED HIS CARGO THEN SELLER SHALL PAY ALL PARTIES INVOLVED THEIR COMMISSION BY TT.

10,SECOND AND SUCCEEDING SHIPMENTS CONTINUES

SPECIAL NOTES: ALL BUYERS WHO DEEM FIT TO VISIT MUST STATE AND INDICATE CLEARLY IN THEIR OFFICIAL ICPO AS SELLER WELFARE DEPARTMENT WILL ONLY ISSUE INVITATION DOCUMENTS TO BUYER’S WHO INDI CATE D IN THEIR ICPO AND NO LATE APPLICATION TO VISIT WILL BE ACCOMMODATED. THIS WILL ENABLE REFINERY WELFARE DEPARTMENT ARRANGE THE VISITATION DOCUMENTS IN DUE TIME.

AGAIN,

BUYER SHOULD INDICATE ALSO IN THEIR OFFICIAL ICPO WHICH INSTRUMENT TO BE ISSUED AT POINT 4 WHERE BUYER IS PROVIDED WITH OPTIONS TO EITHER ISSUE SBLC OR DLC MT700. BUYER’S ICPO THAT BE ARS BOTH INSTRUMENTS WILL NOT BE ACCEPTED. BUYER MUST CHOOSE AND STATE CLEARLY ONE OF THE INSTRUMENT TO BE ISSUED TO ENABLE OUR ACCOUNT DEPARTMENT APPROVED AND ATTACHED THE DESIRED BANK VERBIAGE IN THE DRAFT CONTRACT.

Transaction History of the Supplier

Below is the information about the supplier's transactions conducted via Alibaba.com. If you require further details regarding the transaction data, please contact the supplier directly.

Transaction Overview

Transactions

Transaction Details

This supplier has completedtransactions with buyers from .

Shipping Destination
Transaction Value
Transaction Date
Email to this supplier
United Arab Emirates
The supplier supports Trade Assurance – A free service that protects your orders from payment to delivery.
Supplier's Trade Assurance Limit: US $
Learn More