PROCEDURE TTO:dollar deal

PROCEDURES – TTO IN TOGO/GHANA/COTONOU WATERS $12/8

1. Seller send draft contract for Buyer’s review and amendment after final contract mutually agreed upon, Buyer signs the contract and provide ATB format and supercargo information to Seller.

2. Buyer's Bank swifts Bank Request for the Product stating what the Buyer wants and /or how he wants it, or BCL or Bank Assurance Letter to Seller’s Bank.

3. Seller authorizes Seller's bank to issue a 1% Performance Bond to Buyer/Buyer's Bank.

4. Not more than 5 (five) business days on receipt of Seller's operative 1% Performance Bond, Buyer's bank issues Bank Guarantee, of $1,000,000( One million dollars for logistics in favor of the Seller,(according to seller verbiage).




6. Seller’s vessel Captain sends NOR/ETA to Buyer’s Port of Q&Q.

7. Buyer’s Port of Q&Q acknowledges NOR/ETA & Vessel Sails to Ghana and Seller provide buyer’s inspectors with ATB to perform quality and quantity inspection on the cargo. Note:Buyer is welcome to place supercargo in Nigeria Waters before vessel sails to Ghana..

8. The $1,000,000 BG turns to cash and Buyer boards his Inspection team on seller’s Pregnant vessel at his own cost.

9. Upon successful Q & Q, copies of inspection report are sent to both Seller and buyer’s bank.

10. Buyer’s bank places MT103 covering the cost of cargo payable upon transfer of title by sellers.

11 Seller Introduce Buyer to vessel handler for re-charter

12. Title is transferred‎ and MT103 TURNS CASH to sellers account and all agents and facilitators as per the signed contract.

13. Vessel sails to Buyer’s Port of Discharge.




PROCEDURE TTO:
PROCEDURES – TTO IN CHINA WATERS N46 LESS 4..


1. 1.Seller send draft contract for Buyer’s review and amendment after final contract mutually agreed upon, Buyer signs the contract and provide ATB format.

2. Buyer's Bank swifts Bank Request for the Product stating what the Buyer wants and /or how he wants it or swifts BCL or BAL and in addition both buyer and seller sign bank endorsed indemnity of $1,000,000 which any party that fails must pay.

3. Seller sends cargo documents/POP to buyer through his bank.

4. Seller’s confirms the BCL & his vessel Captain sends NOR/ETA to Buyer’s Port of Q&Q.

5. Buyer’s Port of Q&Q acknowledges NOR/ETA.

6. Vessel Sails to Q & Q Port.
7. Seller provide buyer with ATB to perform Q & Q inspection on the vessel.
8. Buyer boards his Inspection team at his own cost.

9. Upon successful Q & Q, copies of inspection report are sent to both Seller and Buyer’s bank

9. Buyer’s bank places MT103 covering the cost of cargo payable upon transfer of title by sellers.

10. Title is transferred‎ in buyer’s name and payment released to sellers account and all agents and facilitators as per the signed contract.

11.Vessel Discharges to Buyer’s storage facility..

12. NEXT TRANSACTION.

call tony:08169077035,08183042691
PROCEDURE TTO:dollar deal

PROCEDURES – TTO IN TOGO/GHANA/COTONOU WATERS $12/8

1. Seller send draft contract for Buyer’s review and amendment after final contract mutually agreed upon, Buyer signs the contract and provide ATB format and supercargo information to Seller.

2. Buyer's Bank swifts Bank Request for the Product stating what the Buyer wants and /or how he wants it, or BCL or Bank Assurance Letter to Seller’s Bank.

3. Seller authorizes Seller's bank to issue a 1% Performance Bond to Buyer/Buyer's Bank.

4. Not more than 5 (five) business days on receipt of Seller's operative 1% Performance Bond, Buyer's bank issues Bank Guarantee, of $1,000,000( One million dollars for logistics in favor of the Seller,(according to seller verbiage).




6. Seller’s vessel Captain sends NOR/ETA to Buyer’s Port of Q&Q.

7. Buyer’s Port of Q&Q acknowledges NOR/ETA & Vessel Sails to Ghana and Seller provide buyer’s inspectors with ATB to perform quality and quantity inspection on the cargo. Note:Buyer is welcome to place supercargo in Nigeria Waters before vessel sails to Ghana..

8. The $1,000,000 BG turns to cash and Buyer boards his Inspection team on seller’s Pregnant vessel at his own cost.

9. Upon successful Q & Q, copies of inspection report are sent to both Seller and buyer’s bank.

10. Buyer’s bank places MT103 covering the cost of cargo payable upon transfer of title by sellers.

11 Seller Introduce Buyer to vessel handler for re-charter

12. Title is transferred‎ and MT103 TURNS CASH to sellers account and all agents and facilitators as per the signed contract.

13. Vessel sails to Buyer’s Port of Discharge.




PROCEDURE TTO:
PROCEDURES – TTO IN CHINA WATERS N46 LESS 4..


1. 1.Seller send draft contract for Buyer’s review and amendment after final contract mutually agreed upon, Buyer signs the contract and provide ATB format.

2. Buyer's Bank swifts Bank Request for the Product stating what the Buyer wants and /or how he wants it or swifts BCL or BAL and in addition both buyer and seller sign bank endorsed indemnity of $1,000,000 which any party that fails must pay.

3. Seller sends cargo documents/POP to buyer through his bank.

4. Seller’s confirms the BCL & his vessel Captain sends NOR/ETA to Buyer’s Port of Q&Q.

5. Buyer’s Port of Q&Q acknowledges NOR/ETA.

6. Vessel Sails to Q & Q Port.
7. Seller provide buyer with ATB to perform Q & Q inspection on the vessel.
8. Buyer boards his Inspection team at his own cost.

9. Upon successful Q & Q, copies of inspection report are sent to both Seller and Buyer’s bank

9. Buyer’s bank places MT103 covering the cost of cargo payable upon transfer of title by sellers.

10. Title is transferred‎ in buyer’s name and payment released to sellers account and all agents and facilitators as per the signed contract.

11.Vessel Discharges to Buyer’s storage facility..

12. NEXT TRANSACTION.