Transaction Procedure

Very Simple

1. Buyer have Licence Import-Export and Transit Licence (will issue in Sale and Purchase Agreement)     (Able for negotiate) Thai Phone:+66819990483 or E-mail: gasolineanddieselfuel@gmail.com  other  E-mail:gasolineanddieselfuel@gmail.com 

2. Quantity can buy on amount 10,000MT/Shipment (About11,764,700Litre)  (Able for negotiate) Thai Phone:+66819990483 or E-mail: gasolineanddieselfuel@gmail.com  other  E-mail: gasolineanddieselfuel@gmail.com 

                   Please study and make sure that buyer can follow and agree with the procedures below and also willing and able to issue RWA stated below.

Transaction Procedure:

1.               BUYER ISSUE ICPO AND RWA TO SELLER UPON RECEIVING AN OFFER FROM SELLER OR SELLER’S MANDATE.

2.               SELLER SENDS FCO TO THE BUYER TO BE RETURNED WITH SIGNED ACCEPTANCE.

3.               SELLER SEND DRAFT OF SPA TO THE BUYER FOR COUNTER AMENDING AND

COUNTER SIGNING.

4.               BOTH PARTIES ENDORSES THE FINAL CONTRACT AND NCNDA / IMFPA ISSUE BY MANDATE.

5.               SELLER REGISTERS AND LEGALIZES THE CONTRACT WITH THE APPROPRIATE MINISTRIES, SOMESTIONOUSLY AFTER BUYER OBTAIN THE TRANSACTION PASSPORT FEES.

6.               *BUYER OBTAINS THE TRANSACTION PASSPORT FEES OF THE CONTRACT WHICH ENABLES SELLER LODGE THE CONTRACT WITH THEIR BANK AND OPEN UP A BANK TO BANK COMMUNICATION FOR FINAL WORDING OF THE L/C. (SELLER’S WILL ISSUE PAYMENT INVOICE TO BUYER’S)

7.               SELLER APPOINTS AND SIGNS CHARTER PARTY AGREEMENT WITH THE SHIPPING COMPANY.

8.               BUYER SUMMERIZES THE SHIPPING SCHEDULE WITH THE SHIPPING COMPANY.

9.               SELLER’S BANK SENDS VIA SWIFT THE PROOF OF PRODUCT DOCUMENTS (POP) AND 2% P.B TO THE BUYER’S BANK.

10.          BUYER’S BANK WILL SWIFT IN RETURN, THE IRREVOCABLE, NON-TRANSFERABLE AND CONFIRMED REVOLVING LETTER OF CREDIT (RDL/C) MT 760 OR IRDLC MT 700 TO THE SELLER’S BANK.

11.          SHIPMENT WILL COMMENCE AS MUTUALLY AGREED BY BOTH PARTIES.

12.         SELLER WILL WITHIN 72 HOURS OF RECEIVING THE OPERATIVE FINANCIAL INSTRUMENT FROM THE BUYER, OUT-PAY THE INTERMEDIARIES INVOLVE.

Note: *Buyer need to paid a deposit (Transaction Passport) of US$165,000.00. to Principal Seller beneficiary bank. (Seller will issue a deposit payment invoice.) (Deposit will be deduct from Buyer DLC Instrument)

If they can not follow the above procedures please do not waste your time.

For more inquiry don't hesitate to contact me via E-mail: gasolineanddieselfuel@gmail.com
SPECIFICATION