CONTRACT PROCEDURES
1:Seller agentissueSoftOffer. 2:BuyerissueLOIorICPOtosellerag
ent. 3: Seller issue FCO Buyer
sign and return4: Seller
issuecontracttotheBuyerOpenfora
mendment. Buyerssign and return
thecontracttothesellerinwordfor
mat with NCNDA/IMFPA (if any). 5:Sellerconfirmsand
sealscontractand
sendbacktobuyerinPDF. 6: BuyerbankissueProofofFund
(POF) viaSwiftMT799 for
90daysfrom a prime world bank
accordingly to Seller nominated
bank details. 7: Seller endorseand
register (3SET) hardcopycontracta
nd send (1SET) To buyer with Full Proof
of Product (POP) are as follows: . Company
Registration / Tax Certificate
. Commitment to Supply
. Statement of Availability of
Product
. License to export crude and
petroleum products
. Indigenous Survey Report or
SGS. . Certificate of origin. . Tank Receipts (if necessary). . Tr
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