1. Buyer issues ICPO containing the seller’s procedure with banking details and scanned copy of buyer’s passport along with Charter Party Agreement (CPA), for Seller’s validation.
  2. Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for Buyer’s review and endorsement and return along with Buyer’s 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 returned of the endorsed TTVIA, Seller release to 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. Buyer contact the Seller’s Storage Company to verify the availability of the product and to obtain access to enable
    Buyer and his team conduct 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
    Buyer to proceed for the dip test
    7. Upon satisfactory result of the dip test on the product by the Buyer and his team, Seller’s storage Company issue to Buyer the Notice of Readiness (NOR) to inject the product.
    8. Buyer issues Q88 and make available the Vessel for the injection process to commence as schedule.
    9. Upon completion of the Injection, Seller releases to 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
    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 involve in the transaction.