1. Buyer issues LOI along with BCL or Pre-Advice Non-Operative MT103-23 or SBLC or RDLC (neither of these block funds) & LOGISTICS/STORAGE INFO
2. (I). Seller issues Commercial Invoice/Contract, (II). Buyer Signs and Returns
(III).Seller Bank Issues: (A.) SGS Report (B.) Tank Receipts (C.) Dip Test Authorization
3. (I). Buyer Bank Confirms POP & (I) ISSUE Advance Monthly RDLC / SBLC
(II). MT103-23 for Lift able Quantity IN 24-48 Hrs against Title Transfer & 2% PB.
4. Seller Transfer Title & Delivers Product as Scheduled in Agreement.
FULL POP INLCUDE: Copies Of -
The Port Storage Agreement
Statement of Availability of Product
Refinery commitment to produce the Product
Transneft Contract to transport the Product
License to Export
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