1. Buyer issues ICPO with exact quantity for the transaction and valid CPA Agreement 2. Seller issues Commercial Invoice (CI), Buyer countersigns and forward back to Seller. 3. Upon the receipt of the countersigns CI, Buyer to provide Proof of Funds against seller POP documents per below: • Certificate of Origin • Commitment to Supply • Product Passport • Statement of Availability of the product • Export License • Product Allocation Export Permit • Allocation Title Ownership Certificate • SGS Quality and Quantity Certificate • Bill of Lading • Vessel Questionnaire 88 • MASTER ARRIVAL DOCUMENTS from vessel Captain 4. Upon buyer receipt of documents, buyer verifies the availability of the product on high sea. Upon verification, Buyer will submit MASTER ARRIVAL DOCUMENTS to shipping agent for arrangement with port authority and to make all preparation to receive the vessel tanker at the destination port terminal. Costs for STS operations and getting the permit is to be borne buyer. 5. The...
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