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1.Buyer issues ICPO with full banking information, along with Sales licence issued by any tank farm House. or tank receive number of the last purchase of Fuels. 2.Seller issues Draft Contract. and the Allocation Number to be verified by Buyer
3.Buyer signs/seals draft and returns, with the (NCND&IMPFA) back to seller. 4.Buyers bank will issue Proof of Funds (POF) by MT 999
5.Sellers bank issues Proof of Product (POP). 6.Buyer verifies POP and opens NON-Operative DLC. 7.Seller posts 2% PB and activates DLC. 9.Deliveries commence as terms of contract.
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