Bonny Light Crude Oil (BLCO) CIF: Europe – USA – Singapore – India with N D Preston
- Posted by ndpreston
- On March 28, 2021
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BLCO TRANSACTION PROCEDURE ON CIF – EUROPE – USA – SINGAPORE – INDIA THE BUYER ISSUES LOI/ICPO THE SELLER ACKNOWLEDGES THE LOI AND ISSUES THE SPA; THE BUYER AND SELLER SIGN THE SPA. THE SELLER APPROVES THE SIGNED SPA, SENDS ACKNOWLEDGEMENT LETTER WITH ACCOUNT TO RECEIVE THE BUYER’S SBLC VIA MT760 (TOTAL OR PARTIAL FACE […]
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