Turangga Jaya Export
Manufacturer
Business Nature
Manufacturer
Country/Region
Surabaya, Indonesia
Main Products
En590
Payment Terms
Bank wire (T/T)
About Turangga Jaya Export
========================= TANK-TO-TANK PROCEDURE #1 ========================= 1. Seller issues Full Corporate Offer to Buyer Company with the Seller acceptable terms and procedure of the transaction. ========================= 2. Buyer issues Irrevocable Corporate Purchase Order (ICPO) with his International Passport (Data Page), full banking details and Tank Storage Agreement (TSA) along with company latest Proof of Fund or Bank Confirmation Letter (BCL) its Shows that buyer has capability to take over allocation stocks from the seller. ========================= 3. Seller issues a Commercial Invoice (CI) for the available quantity in the Seller’s storage tank to the Buyer. Buyer signs and return the CI to the Seller . ========================= 4. Seller Issue (NOR) Notice of Readiness to the buyer to get it sign from their tank farm as Proof of Storage Availability to receive the product. ========================= 5. All Parties must sign NCNDA and IMFPA and endorsement for their commissions ========================= 6. Seller proceeds with accreditation and legalization of Commercial Invoice and send to the Buyer the legalized and certified Commercial Invoice with the following Proof of Products (POP). A. SGS Report for Quality and Quantity at Shore Tanks (not older than 72 hours). B.Product Certificate of Origin. C. Product Injection Report at Shore Tank. D.Tank Storage Receipt (TSR) with full GPS Coordinates. E.Unconditional Dip Test Authorization (UDTA). F.Authorization for Physical Verification (ATV) at Seller’s Tank. G. Authorization to Sell and Collect (ATSC). H.NCNDA-IMFPA Agreement. I. Commitment to Supply Letter. ========================= 7. Buyer conduct Dip Test in the Seller's Reservoir and provides Tank Details to the Seller, to commence injection of product into the Buyer's Tank. ========================= 8. Within Twenty-Four (24) Hours, the Buyer issues 100% T/T Wire Transfer payment to the Seller and transfers the Title Ownership to the Buyer’s Tank. ========================= 9. Seller pays commission to Agents, Brokers and Intermediaries involved in the transaction and negotiations continue for the 12 months contract to sign with the Buyer based on this contract terms. For buyer that have ready TSR, and the Tank Company with International Operator. With price 470$/mt Trial : 100, 000 mt (TT/MT103) Contract : 300, 000 mt x 12 months (SBLC MT760) +*******072800 Im an agent in seller team Out 10$ for your team in buyer side include buyer mandate. Reach me for further discuss