The Seller Will Issue Them Spa+letter Of Performance/ Indemnity To Buyer. 2.
Seller And Buyer Sign / Seal Spa And Indemnity Letter Electronically And Deposit With Their Respectiive Banks. 3.
Buyer’s And Seller Bank Will Communicate To Acknowledege The Receipt Of The Sign / Seal Spa And Indemnity Letter
4.
With 48hrs Of Confirming Indemnity Letter, Buyer Instruct His Bank To Issue A Confirmable Cash Back Blocked Mt799 (Swift Mt 799) In Favor Of Seller Via Swift To Seller’s Bank.
5.
Seller’s Bank Confirms Buyer’s Bank Cash Back Blocked Mt799 (Swift Mt 799) And Seller Move Loaded Vessel To Cotonue For Inspection By Buyer’s Nominated Inspectors Within 7 Days. Vessel Master Issue A Marine Atb To Buyer’s Inspectors And Open Communication With Inspectors We are regularly Selling: crudeoil, bonnylight, forcardos, limestones.
Greece & Turkey Bazaar Tip: We always strongly recommend our members to strictly follow the traditional methods and rules of international trading before going into any deal with any party met over the internet. Such as getting prior company confirmation by phone, fax or by mail besides necessary cross checks done through the related local bodies like banks, chambers of commerce, related trade associations, etc. especially before realizing any money transaction.
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