Mt760 Sample: Fill & Download for Free

We have alot of scam buyers and sellers these days .. So the question is how can a serious Buyer know the fake Sellers from the real ones? The answer lies in the seller's capability to deliver. Many fake sellers shy away from giving 2% Performance Bonds to a buyer because of the risk involved, and also because they can't afford it. The big question is, what if the buyer is fake? what if the buyer is a scam trying to scam the seller? Most Scam buyers use Fake Banks that don't exist to post fake Instruments to their victims. Sellers have big fiduciaries they work with these Fiduciaries provide the huge sum needed to load a sellers vessel. It takes money and lots of it to load a vessel talkless of giving an Upfront 2% Performance Bonds, Any seller offering to give 2% PB is serious but Buyers need to make sure it's coming from a Prime bank. Once the transaction is handled by these banks (Prime banks) 70% of both buyer and seller's problem are solved.What Is a Performance Bond?A performance bond is issued to one party of a contract as a guarantee against the failure of the other party to meet obligations specified in the contract. It is also referred to as a contract bond. A performance bond is usually provided by a bank or an insurance company to make sure a contractor completes designated projects.We can give upfront Non operative 2% Performance Bonds …After Buyer Swift's or sends RWA from buyers (prime bank) to seller bank (Prime bank)Seller Bank Top Prime Bank will swift Non-Operative 2% performance Bonds ..Buyer Bank upon confirmation of seller's Non-operative 2% Performance Bonds (Prime Bank) swifts BG or SBLC MT 760 (Prime Bank)…Pls Note that, Buyer's Instrument shall be transferable/irrevocable/ Cash backed. Seller's 2% Performance Bonds becomes operative immediately Buyer's BG/SBLC is confirmed to be authentic and Legit... Seller's 2% Performance Bonds from top prime bank shall be transferable/irrevocable/ Cash backed.Here is the procedure for CIF..1. After Buyer pre-qualification, Seller issue SPA for Buyer signature to be returned to Seller and both parties lodge the SPA with their respective banks.2. Seller issues confirmation letter to Buyer and letter of instruction confirming nomination of Seller’s fiduciary bank3. Buyer’s bank (Prime Bank) within 3 banking days issues RWA Letter or Pre-advice via SWIFT, that they are ready to issue SBLC MT760 based on the Current Price for ( BLCO )Bonny Light Crude in the World, valid for 366 days on Buyer’s behalf for benefit of Seller’s nominated Fiduciaryaccount,b. Upon confirmation of Buyers Pre-advice seller's Bank (Prime Bank) swift Non- Operative 2%Performance Bonds from Top Prime Bank.Sellers 2% Performance Bonds will be transferable/irrevocable/ Cash backed.c. Buyer/Buyers bank upon confirmation and verification of Sellers Non -Operative 2% Performance Bonds shall WithinThree (3) Banking Days swift SBLC MT760 Instrument for the period one Year and One day in Seller's name with the value amount specified in the SPA/Contract.Seller's 2% Performance Bonds shall immediately become operative Upon confirmation of Buyer's SBLC MT760 Instrument, Note that Buyer's Instrument will be transferable/irrevocable/ Cash backed.2. Buyer and Seller will then discuss the delivery schedule.3. Within 15 working days Seller shall Load vessel (Very Important Note: - All re-assignment and title documents will be issued to the Buyer upon the receipt and confirmation of the Buyers SBLC via swift MT760. As it is a new regulation that's its only when a Buyer have the title document in theirname, they can fully access the vessel and the shipping agency can get clearance before thevessel arrives and this is based on the confirmation of the Buyers instrument}.4. Once delivery schedule is agreed, Seller conducts inspection of the vessels and release toBuyer Full POP in Buyers NameList of the documents to be provided:4.1 Clean Ocean Bill of Lading, One4.2. Seller's Commercial Invoice, one (1) Original and three (3) copies.4.3. SGS Certificate of Quality and Quantity, one (1) Original and three (3) copies.4.4. Certificate of Origin issued by NNPC, one (1) Original and three (3) copies.4.5. Certificate of Authenticity issued by NNPC, one (1) original and three (3) copies.4.6. Master's receipt for Samples.4.7. Master's receipt for Documents.4.8. Cargo Manifest.4.9. Cleanness report at loading Port4.10. Authority to Sell (ATS) from NNPC.4.11. Including all Cargo Title Documents, (TITLE OF WARRANTY, CERTIFICATE OF OWNERSHIP AND CARGO TITLE)5, Buyer and Seller execute a separate NCNDA/IMFPA with all approved agents and/or facilitators specifying the fees that have been agreed to be paid out for all delivered barrels under the contract and any extension or roll thereof, which IMFPA will be endorsed by Seller’s bank as their agreement to act as the contract paymaster.6: Buyer issues its NOR Format with full Port of Discharge(POD)/inspector/shipping agent/super cargo contact details.7: Seller causes Vessel Captain to issue vessel’s NOR/ETA to all Buyer’s contacts at POD and regular updates during the voyage. Buyer’s agents will be authorised to communicate with vessel.8. At arrival at POD Vessel Captain to issue his authority for Buyer’s Inspector and Supercargo to Board (MATB) for initial Q&Q9. After initial on board Q&Q vessel proceeds to berth and discharge to Buyer’s nominated tanks for final Q&Q of outturn barrels.10. Buyer’s Inspector issues final Q&Q report to both Buyer and Seller.11. Seller issues its Commercial Invoice (CI) based on Inspector’s report of outturn barrels priced in accordance with the SPA.12. Buyer pays again Seller’s CI by MT103 within three international banking days of discharge and receipt of Seller’s CI13. Seller’s Bank immediately upon receipt of oil sale proceeds will pay the approved agents/facilitators as specified on the separately executed IMFPA.14. Seller and Buyer shall agree shipping schedules (updated regularly) for the deliveries to be made during the remainder of the contract term and any extension thereto.Seller's side is closed.. Buyer's side is open. Please note that I shall require Buyer's company Profile for Due Diligence Purposes. We shall also give our company name and location for Buyer to conduct Due Diligence on Seller before writing formal ( LOI) Letter of Intent to Seller.I can be reached via Phone/What's app : 08060084228Do not contact me if you haven't met buyer one on one or if you don't have Buyer's detailed Company profile.

BONNY LIGHT CRUDE OIL,CRUDE OIL, etc...Petroleum products businessis not for ALL.It is meant for BANK credible companies and individuals.Fraudulent acts are caused by "corner cutting, short cut operators, cheaper than world fixed price seekers"Every country oil producing company have policies which have to be strictly followed for the benefit and coexistence of the country and the institution. Adhere to their principles. Buyers negotiate for products from seller, not introducing Sale Formula of his benefit to seller, Buyer don't force seller to your style, you will end in the hands of those that will give you your style to your detrimentFor genuine buyers of BONNY LIGHT CRUDE OILs etc.. follow the strictly the procedure as explained below and get your products.Buyer read seller procedure with carefulness, issue icpo on product to buyer,Seller issue draft SPA to Buyer`, Buyer read and confirm or effect changes with seller pointBuyer & Seller signed and seal Sales & Purchase Agreement (SPA) after due acceptance.Both parties lodge the fully executed SPA with their respective banksaster, shipping agency, Inspection Company etc.Buyer's issuing bank (Top 50 World Prime Bank) shall request for the 2%pb upfront from seller bank.The 2% performance bonds is the security to both the buyer and seller for this transaction. This the bonds that is binding the seller and buyer, protect their interest whatsoever to a successful end of the transaction. Bonny light crude oil and every other petroleum products in Nigeria belongs to the Federal Repuublic of Nigeria . Their rules, principles and bylaws and other conditions are given by them through NNPC, the Public has to follow it if you realy want to buy the products. Crude oil or any petroleum products was not for poor due to its cost implication. To cut corner is to introduce fraudulent act. Until one submit SBLC, Vessels details , buyer ICPO and other relevant documents to NNPC before transaction process start. In Nigeria NNPC ,No one gets POP, bill of lading without submitting the above mention items , if any does is fake, wrhen it happens do not blame or condemned Nigeria , know that you are the one encouraging fraudulent acts. Even after submitting those documents they pass thro process coming out one after another . Have confidence with your bank the most heaviest gurantor. If your country policy do not favour you producing LC to your business, your bank should advise you on what to do if you are in good relationship with your bank, don't allow your country policy to be an excuse for corrupting another country system, please find your solution, I tell you many from that your country are doing the wright thing here and their products are perfectly deliver to them. Join others and do the wright thing and be happy . Let your bank protect your money and do what they know to do and do well.6.Seller's fiduciary bank authenticates and confirms the Pre advice via MT799 sent from Buyer's bank. Within 120 banking hours Seller's Bank issues Operative 2% Performance Bond Guarantee (including value: US$3M, duration as per Buyer accepted verbiage) via MT760 transmission to Buyer Bank.***All above , still bank to bank paper work, Seller on receiving the SBLC by his bank will use his money to meet up some transactions, NNPC also with confirmation from Seller bank issuing LC on cargo produce necessary paperwork for the loading of the vessel. All these step by step process is to avoid fraudulent acts that spoiled Nigeria, which you too say. Please let us reasong together and follow the protective Formula. You are not asked to give any money for any step by step procedures here. Why worry and complain still seeking to what still remains ghost to you.Vessel is loaded and Seller boards his independent inspection company to conduct Quantity & Quality inspection on the loaded cargo..10. Bank Guarantee issued to NNPC crystallises and Seller pays 100% cost of cargo loaded on his vessel to NNPC.The documents to be issued by NNPC to Seller on the loaded cargo shall include but not limited to the following ONLY: Note until full payment is made before NNPC release all these documents. Please my friend, this Nigeria govt way to protect his name and property and to save you, let us joyfully follow it and say bye bye to oil 419After payment these documents are released from NNPC:Clean Ocean Bill of Lading, One (1) Original and Three (3) CopiesSeller’s Commercial Invoice, One (1) Original and Three (3) CopiesCertificate of Origin issued by N.N.P.C, One (1) Original and Three (3) CopiesCertificate of Authenticity issued by NNPC, One (1) Original and Three (3) CopiesCargo Manifest, One (1) Original and Three (3) CopiesCertificate of Quality, One (1) Original and Three (3) CopiesCertificate of Quantity, One (1) Original and Three (3) CopiesMaster’s Receipt for Samples Master’s Receipt for DocumentsTanker Ullage ReportTanker Time SheetCharter Party AgreementCertificate of Ownership & Warranty of Title (N.N.P.C Certified Title on cargo)N.N.P.C Authority to Sell (A.T.S)Export Clearance Permit (Nigerian Ports Authority waiver, Custom Export Clearance Certificate etc.)Q&Q Inspection Report Performed at Loading Port by InterteOther relevant documents related to the cargo N.B: Seller shall furnishes Buyer with copies of the CPA, Q88, Q&Q report and release non-negotiable copies of some of the above full shipping Cargo documents for onward forwarding to Buyer’s BanksTanker Ullage ReportTanker Time SheetCharter Party AgreementCertificate of Ownership & Warranty of Title (N.N.P.C Certified Title on cargo)N.N.P.C Authority to Sell (A.T.S)Export Clearance Permit (Nigerian Ports Authority waiver, Custom Export Clearance Certificate etc.)Q&Q Inspection Report Performed at Loading Port by InterteOther relevant documents related to the ccaro*** Please this is very direct and simple, be on a close watch, those countries that issues documents to buyer before payment, you hear the level of fraudulent practices that will go on. As long as this business is concerned, many fools will lose their money., old documents will turn to new with fictitious seria numbers and date, just to collect your money and disappears to the sky. There is no documents a fraudstar can not produce, even your signature. It is only careful wright way that served.Different countries with different policy, this is Nigeria, this is it 's working system, please bear with us, continue to patronising us, we love you, it is for your good. Request for full proceduresRequest for full procedure. Thank you and God bless you, expecting your ICPC soon.Best Regards,Bishop Solomon StephenWhatsapp :[email protected]