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COST, INSURANCE & FREIGHT (CIF) PROCEDURE

1. Buyer confirms the Soft Corporate Offer and issues an official Irrevocable Corporate Purchase Order (ICPO).  2. Seller sends Sales and Purchase Agreement (SPA) along with Seller's SBLC MT760 Bank Verbiage format and Buyer reverts with the following documents properly filled out to Seller :- * Completed SPA signed and sealed.  * Buyer's Information Sheet (CIS) on Buyer’s Letterheads, containing also :-  a) Copy of Company Registration Certificate and Company Profile. b) Passport-Copy of Signatory. 1. Seller releases to Buyer the below listed Partial Proof Of (POP) Documents :- (a) Refinery Commitment to Supply. (b) Statement of Availability of Product. (c) Authorization To Sell And Collect (ATSC). (d) Product Quality Passport (Analysis Test Report). (e) Commercial Invoice. (f) Company Incorporation Certificate and Documents. 1. Buyer issues SBLC swift MT760 (According to the Seller Contract Bank Verbiage) within Seven (7) up to Ten (10) Banking Days, should the Buyer fa...