Procedures
1. Seller issues completely filled out and signed draft SPA plus Seller Company Registration Certificate to buyer. Buyer signs and seals the SPA within “forty eight (48) hours” and returns the SPA together with Buyer’s NOR/ATB format to the Seller. The electronically transmitted copy signed and sealed by both parties shall be considered legally binding and enforceable. The SPA is lodged with the Buyer’s and Seller’s banks respectively.
2. Within Seventy Two (72) hours, Seller provides the Account Nomination Letter and the following POP/shipping documents copies to Buyer as follows:
· Certificate of Origin issued by NNPC;
· Certificate of Quality Report;
· Certificate of Quantity Report;
· Master’s Receipt for Documents;
· Certificate of Authenticity issued by NNPC;
· Cargo Manifest;
· Master’s Receipt for Samples;
· Authority to Sell (ATS);
· Clean Ocean Bill of Lading;
· TANKER ULLAGE REPORT.
3. Upon verification of the POP/shipping documents, Buyer within Forty Eight (48) hours, issues SWIFT MT799 Blocked Funds for total cargo value. Please note that upon receipt of the Seller's Commercial Invoice, along with the Inspectors Q&Q/CIP Report, the Buyer will deliver MT103 TT of the total cargo value, including fees/commissions payable under this SPA.
4. Upon confirmation by Seller and Seller’s bank of Buyer’s instrument, the nominated vessel sails on its voyage from Nigeria/or already in China Waters to Buyer’s China Seaport and Seller issues full POP in Buyer’s name and NOR-ETA to the Buyer/Buyer shipping agent to open communication between the vessel Captain and Buyer’s shipping agent.
5. Within twenty four (24) hours of vessel arrival at Buyer’s Port of Discharge (POD), Seller shall instruct the vessel Captain to issue the MATB to the Buyer’s inspection team. The Buyer’s inspector shall within forty eight (48) hours, board the loaded vessel for Q&Q inspection at Buyer’s POD and conduct
What is TTL? Targeted Trade Leads is a new optional online e-mail service we provide to Wholesale Suppliers on demand. By using this service you can easily send tens, hundreds or even thousands of buy sell offers to importer exporter companies, directly to their Inbox! You can send TTL to Importers Exporters by Industrial Categories.
Step 1: Select country or countries for your targeted buy - sell offers. Step 2: Select industrial category / categories for your import - export demands. Step 3:
View how many companies will receive it based on your selection. Step 4: Enter your offer you wish to email to interested suppliers or buyers. Step 5: Receive confirmation of delivered Targeted Trade Leads by e-mail. Finally Just expect the replies immediately in your mailbox! Even by phone or fax.
Statistics: Companies: 641,400+, Trade Leads: 160,300+, Products: 104,200+, Contacts / Replies: 8,283,300+ There are currently 44280 users online browsing our B2B network. 19:45 GMT, Wednesday, November 27, 2024 Privacy Policy Important Notice! TradeHolding.com B2B Network does not provide an escrow service! Any member who asks you to pay for their products by Western Union to an agent of "TradeHolding.com B2B Network" is fraud and should be immediately reported to us. Do not pay anything to any member who states your money will be added to TradeHolding.com safety deposit account!
All Trade Leads / Offers / Products / Company Profiles / Images and other user-posted contents are posted by the user and B2B TradeHolding.com and TradeHolding.com B2B Network shall not be held liable for any such content. However, TradeHolding.com B2B Network respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. For concerns, please contact us.
US, Canada, UK, China, India, Malaysia, United Arab Emirates, Australia and New Zealand Companies
Quick Guide