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Esteemed Buyer
Dear Esteemed Buyer,
NON-NEGOTIATE FOB TANK TO TANK ( TTT) / TABLE TOP MEETING (TTM )
HOUSTON,FUJAIRAH , JURONG , ROTTERDAM PORT
1. Buyer issues ICPO containing the Sellers working procedure with banking details, Company profile, scanned copy of passport, Letter of Acceptance along with TSA.
2. The Refinery verifies the buyer’s ICPO with the Company profile and issues a Commercial Invoice of the product in tank at the port.
3. The Buyer and the Buyer's tank farm company sign, endorse the Commercial Invoice and return to Seller.
4. Upon verification and confirmation of endorsed CI, Seller issues NCNDA/IMFPA for all parties and intermediaries to sign. Seller then gives appointment, date time and location for TTM at the storage terminal facility upon return of the signed NCNDA/IMFPA.
5. Seller and Buyer inspector or representative meet at the agreed location for Table Top Meeting at seller storage facilities Face To Face (The Buyer Must Bring certify POF and Seller must bring the Hard Copy of the valid fresh SGS Report of the product and engage in finalization of the deal at the terminal facility office.)
6. After successful verification of the buyer POF and seller SGS , Seller injects the fuel into buyer leased storage tank Following the completion of the dip test, then buyer makes 100% payment by MT103 TT wire transfer for the total products under 12-24hours.
7. Upon receipt and confirmation of funds, Seller returns the Title deeds and pays all intermediaries commission concerned within 24hours of payment receipt.
8. After the positive execution of the initial spot trial, Buyer and Seller sign a 12 or 24 months contract with rollover and extension.
Note:
- TTM will commence at the seller terminal facility.
- Maximum of 2 people from buyer side along with SGS officer or equivalent.
Regards
Do we have a Buyer available for this procedure? Please review your RFQs and see if we can set up this deal.
Please find a Buyer to CLOSE this deal ASAP!
por "Vuthanong Khemara" <kmrvuthanong@gmail.com> - 12:58 - 4 sept 2025