We are legal associate representatives for a Buyer of D2 and JP54. We have strict non-flexible purcahsing procedures to follow, will only comminicate with confirmed Seller Mandate, will not discuss any form of Business with brokers, Seller Mandate only, if you are a Mandate please contact with ligitimate offers only.Our purchasing procedures are as follows...1.Receipt of Seller占�draft contract or offer with approved Buyer占�Procedures inserted2.Buyer and Seller mutually negotiate and sign contract.3.Representative Banks or both Seller and Buyer communicate and discuss Procedures for closing.4.Buyer's bank sends a BCL via SECURED FAX OR EMAIL.5.Seller's Bank issues partial Proof of Product to Buyer's Bank. Must include Tank Receipts and SGS Reports for product at Discharge Port.6.Buyer's Bank issues MT103 to Seller's Bank for product that is lift able.7.Buyer puts in place an irrevocable revolving re-issue able, renewable, documentary letter of credit sufficient to cover the weekly lift schedule of the buyer.8.** If BCL via SWIFT is required Buyer's Bank may require one or more of the following:(a)Verbal confirmation from Seller's bank that they indeed hold the POP.(b) Written communication indicating that Seller's Bank holds the POP.(c) Verification from the refinery that Seller does indeed have the contract and/or allocationIf the procedures cannot be adhered to then please so not contact us, thank you. Initial contact though email only.
