PROCEDURES FOR FOB ROTTERDAM

1. Customer sends (ICPO + Bank endorse) and BCL(Should be Top 50 banks), the NCNDA - IMFPA with all parties concerned includes. This shows (signed and sealed by buyer) inclusion and adoption of the procedures of the seller trough target prices.
2. Seller sends it by E-mail, customer stamp F.C.O and sends it back.
3. Seller sends customer and the customer cost counter sign on eMail draft of contract which includes 5% of contract value bi-lateral non-performance penalty to buyer.
4.Buyer and seller bring under the final contracts in their respective banks.
5. Bank of the customer are out: BCL (Bank comfort letter) only via SWIFT (Bank to bank account to have) to the Bank of the seller within (5) international banking five days after the contract and a signed, copy by eMail to the seller.
6. Within five (5) business days upon receipt of a banking instrument by the Bank of the customer, the seller's Bank averages complete POP bank customer of:
6.1. Container receptions and SGS.
6.2 Bad test empowerment
6.3 Copy of the export permit
6.4 Copy of store license
6.5 Copy Bank of fast POP receipt for delivery.
6.6 Copy of refinery obligation to the to produce the product.
6.7. Copy of the statement about the availability of the product
6.8 Charter party agreement.
7. Within five (5) banking days the customer full POP completes the review and confirmation and SWIFT sends only the Bank of the BG or TIRDL/c not - workers, since the seller's payment for the first delivered quantity and a copy of eMail to the seller
8. Within five (5) banking days, expenses of the seller are 2% p.b. to the customers Bank by SWIFT (the Bank to the bank account to have) and TIRDL/C holding;
9. Delivery begins, as per the agreed timetable.

• Please note that customer has the choice, to the of BCL to skip non-interoperable LC directly