End of Year Sales EN590 From Direct PEC Refineries

Fob procedure | tank to tank
1. buyer issues icpo containing the seller' working procedure with banking details and scanned copy of buyer's passport along with tsa.
2. seller issues commercial invoice (ci) of the product in tanks at the port, buyer and buyer's logistics sign and return bank commercial invoice to seller.
3. the seller issues to buyer ppop listed below:
— gps coordinates-tank storage receipt (tsr)
— injection report
— unconditional dip test authorization letter (dta)
— authorization to sell and collect(atsc)
— authorization to verify (atv) f. fresh sgs report in seller's tank
— certificate of origin
4. seller issues ncnda/imfpa to all intermediaries involved in the transaction and buyer for signing
5. buyer inspects by sgs at buyer's expense and sends tsr
6. upon successful dip test in tanks, product will immediately be injected into buyer's tanks. buyer makes payment for the product via mt103 and seller transfers' title ownership to buyer.
7. buyer and seller pay commissions to their intermediaries.
Products : EN590, A1 Jet Fuel, D6 and more Optional procedures Price : From $420/$410