STANDARD FOB PROCEDURE TRANSACTION:

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• Packing: By Bulk

• Inspection: SGS or Similar By Seller

• Delivery: FOB

• Loading Ports: Fujairah or Rotterdam or Houston Port.

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FOB - ROTTERDAM & HOUSTON & FUJARIAH PORT. ALL WITH SAME

PROCEDURES BELOW:

1. The Buyer issues an official ICPO and TSA containing the Seller´s procedure with banking
details and Company Profile.
2. The Refinery verifies the Buyer ICPO and TSA with Company profile and Seller issues a
Commercial Invoice of the product in tanks to be sign by buyer and buyer tank buyer tank
storage with HUB Number.
3. Upon the signed CI received from buyer and buyer storage tank for verification, Seller issues
the below POP documents to the Buyer for verification.
a) Injection Report
b) Dip Test Authorization Letter (DTA)
c) Authorization to Sell and Collect
d) Fresh SGS Report
e) Authorization to verify the product in the Seller´s Tank (ATV)
4. The Buyer inspects by SGS on the Buyer´s expenses and sends to the Seller TSR after Receipt
of successful Dip Test report is received.
5. Seller issues the following documents to all Intermediaries and the Buyer endorsed
NCNDA/IMFPA.
6. Upon successful Dip Test in tanks, product will immediately be injected into Buyer´s Tanks.
7. The Buyer makes Payment for the product via MT103 in exchange for title.1) The Buyer Issue ICPO with his International Passport Copy (Data Page) to the Seller.​

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