When having questions on cdro crude degrummed rapessed oil, please send your inquury!
We can provide russian CDRO 2012 with ISCC as follow :
17. TERMS AND CONDITIONS: OPERATIONAL PROCEDURES:
Send us LOI or ICPO according to our operational procedure
Please do not send us LOI or ICPO with other procedure.
We only work and accept 100% according to our operational procedure.
1. Buyer issues LOI or ICPO
2. Seller issues DRAFT CONTRACT Open for Amendments.
3. Buyer counters signs and seals the DRAFT CONTRACT and sends via E-Mail to Seller.
4. Seller issues PROFORMA invoice to buyer
5. Buyer within five (5) banking days, Buyer ’s bank sends Swift Operative Irrevocable Confirmed Covered and Transferable Letter of Credit Via Swift MT700 100% payable by T/T wire transfer for each shipment within 7 banking days upon the cargo passed SGS or CIQ and receipt of all the relevant payment documents.
6. Seller issues and sends full Proof of product (POP) and give 2%PB to buyer’s bank if Buyer issues L/C for 12 Months; but if only for one Month Seller do not give 2% PB for verification to buyer bank account.
7. Delivery commences as per Contract and the Shipment should arrive at Buyer’s Discharge Port within 20-25 Days.
8. Buyer releases payment to Seller’s bank after inspection at destination port.17.9. Seller pays the commission to all Agents and Mandates as per signed IMFPA.