Buyer send LOI / ICPO with bank details, and cp, and then Seller send FCO or SPA..

1) Upon confirmation and endorsement of the contract, Seller issues a Commercial Invoice for the shipment and partial proof of product documents as follows to buyer.

a) Q88 Details for the vessel book for hire.
b) Certificate of Quality for the available goods issued by Gost Standard Kazakhstan.
c) Statement of commitment of supply for the all contractual quantity notarized by a Public Notary.
d) Export License for Seller.
e) License to Trade in Crude Oil Materials for Seller.

2) Buyer shall issue a payment instrument SBLC via SWIFT MT 760 payment instrument worth 12% of the Shipment for 45 Days in 3 banking days..

3) Once the seller confirms receiving the payment instrument, seller loads the vessel and issues full proof of product documents.

4) The vessel starts voyage to buyers port within 3 banking days.

5) Upon delivery is made Buyer inspects the product and pays 100% via SWIFT MT 103 for the goods delivered in 7 days.

6) Seller pays out commissions to all brokers and mandates in not more than 7 banking days.