Commodity: BITUMEN grade 60/70
Specifications: TBA by seller is the FCO.
Quantity: 5,000 MT, Packed in jumbo bags.
Origin: none Sanctioned origin.
Delivery: CIF ( Mersin port, Turkey – Greece or Belgium (
Payment method: by Escrow account issued by a reputable bank in Europe.
Performance Procedures:
1- Seller issues FCO to buyer, including seller's bank information.
2- Buyer shall issue an ICPO along with buyer's company registration card and buyer's passport, and RWA bank to
bank, to prove the payment capability.
3- Seller will prepare SPA and send it to buyer for review and commitment if needed.
4- Buyer and within 5 days make none operative LC , to be operated after making a 2% performance Bond, and money
is to be released after the final inspection report issued by SGS or equivalent in Mersin Port.
5- Seller and within 3 days after receiving the payment, release the commission to intermediaries as per the signed
NCNDA/IMFPA.