Looking for premier commodities, llc

RFQ Description

Offer from you ? D2 100,000MT @ 660 Gross CIF China1. The Buyer issues an Irrevocable Corporate Purchase Order (ICPO) and sends it via electronic mail to the Seller alongside with the following documents;a. Full Banking Details and right to soft probe authorization.b. Buyer„s company/personal information, andc. A copy of the Data Page of the Buyer„s International Passport. 2. The Seller verifies and accepts the submitted Documents. The Seller issues Draft Contract for Buyer„s review and acceptance. The Buyer must issue an Official Letter to state any amendment on the Draft Contract, if required. 3. Buyer signs and returns the Contract electronically with the BCL (Bank Comfort Letter), issued in respect of the Contract. Upon complete verification of the BCL, the Original Contract will be exchanged via Express Mail/Courier Service. 4. Buyer and Seller exchange RWA (Ready, Willing and Able) messages via SWIFT MT999 through their Banks. 5. The Seller issues a Proof of Product Confirmation via Bank SWIFT MT799.a. Statement of availability of the product (allocation confirmation) - Resource Certificate (Resursnaya Spravka).b. Refinery processing/sales contract.c. Deal Passport (Passport Sdelki), issued by the Exporter of Records Bank in Russia.d. Transport Contract used for transport of goods.e. Transport Schedule with contracted amount being delivered in Sellers name to Load portf. Storage Contract for holding of the product at the loading port (Tank Receipt).g. Loading Contract for loading of the product at the loading port.h. Specification and Certificate of Quantity for the product at the loading port issued by SGS or similar.i. License to Export issued by the Russian Ministry of Energy. 6. The Buyer„s bank issues a pre-advice for the Letter of Credit via SWIFT MT 799. 7. The Seller„s bank issues a non-operative performance bond. 8. The Buyer and the Buyer„s Bank issues the agreed Payment. 9. Within 3 Banking Days after the L/C is issued, the Buyer„s Bank shall transfer 100% Coverage of the First Month Shipment Value to the Designated Correspondent Account of the executing Bank, which shall be deposited at that Account for the entire Duration of the Letter of Credit. 10. The Seller„s bank activates the Performance Bond upon receiving the coverage amount for the Letter of Credit. 11. Delivery/Shipment commences as per Contract. Note: In the case of Asia Buyers, the Point 4 of the procedure will be replaced as follows: -Buyer issues BG “Bank Guarantee via Swift MT760 to the Seller„s Bank, in reference of the signed Contract.This was confirmed by the management, due to the increment in the act of Fraud perpetuated by Asian Banks when initiating payment for Product. *******@*****.com