Procedures as below:

1. Buyer issues ICPO containing the sellers procedure with banking details and scanned copy of buyers passport along with charter party agreement (CPA), for seller’s validation.

2. Seller issues commercial invoice (CI) for the available products in the tank at the port, for buyers review and endorsement and return along with buyers charter party agreement (CPA).

3. Seller issues to buyer tank-to-vessel injection agreement (TTVIA) to be endorsed by both seller and buyer’s logistic company.

4. Upon return of the endorsed TTVIA, the seller releases to the buyer the following PPOP documents:
a) tank storage receipt (TSR).
b) commitment letter to supply
c) export license
d) authorization to verify (ATV) (call or email)

5. The buyer contracts the seller’s storage company to verify the availability of the product and to obtain a terminal access permit to enable the buyer and his team to conduct a dip test on the product in the tank.

6. Seller upon confirmation of buyer securing legal access to the product, issues dip test authorization (DTA) for the buyer to proceed with the dip test

7. Upon the satisfactory result of the dip test on the product by the buyer and his team, the seller’s storage company issues to the buyer the notice of readiness (NOR) to inject the product.

8. Buyer issues Q88 and makes available the vessel for the injection process to commence as scheduled.

9. Upon completion of the injection, the seller releases to the buyer the below pop documents.
a) Product SGS report.
b) Injection report.
c) Authority to sell and collect (ATSC)
d) product passport (analysis test report)
e) Certificate of origin
f) NCNDA/IMFPA

10. Buyer immediately pays for the total cost of the product value injected into the vessel through MT103 TT wire transfer.

11. Seller upon confirmation of the payment, pays all intermediaries involved in the transaction