1.     Buyer issues an official ICPO, with complete banking information, CIS and POF.

2.     Seller issues the Draft Contract. Buyer and Seller sign the Contract in electronic signatures.

3.     Within 24 Hours of signing the Contract, it must be lodged into respective bank by both parties.

4.     Within Ten (10) banking days, Buyer will issue DLC via SWIFT MT700 to Seller's bank account. Seller will respond with 2% performance bond. Seller signs NCNDA/ IMFPA with intermediaries for non-disclosure. Payment option: Should Buyer be unable to issue DLC, Buyer can issue BCL and pay a minimum deposit to Seller’s account, to enable Seller charter the vessel to commence loading. Which the deposit to be deducted from the final payment at discharge port.

5.     Seller commences loading of the cargo during the approved laycan terminal window. Upon completion of loading, Seller arranges the SGS Inspection for determination of quantity and quality of loaded product, and send full (POP) copies of cargo loading and transport documents to Buyer.

6.     Upon arrival of cargo to the Buyer's destination, the SGS / CCIC inspection team will conduct the inspection, within 48 (Forty-Eight) hours, Buyer will release T/T payment of the full value of the cargo according to the issued invoice (reflecting quantity of post-load SGS report).

7.     Upon receiving Buyer's payment, the Seller transfers Product Title Ownership to Buyer, and releases original shipping documents to the Buyer and payment of commissions to be paid out immediately upon receipt of payment from the Buyer.

8.     Second and subsequent months' deliveries are carried out on CIF basis, and Buyer issues DLC via SWIFT MT700 to Seller’s Bank to cover the full amount of each month's delivery

The seller offers a face-to-face TTM meeting before the buyer issues the DLC, which means the seller is willing to meet in person and present the documents, allocation, and proof of product prior to the banking instrument being issued.