CI DIP & PAY
Buyer friendly procedures... CI DIP AND PAY JP 54 FOB ROTTERDAM 1-2 MILLION BARRELS LIFTABLE 50/46
1. Seller issues contract and commercial invoice; both party counter sign.
2. Buyer confirms his financial capability with credible reference from her bank or oil major.
3. Seller issues DIP TEST authorization to SGS, and place SGS service order to conducts
analysis and certification of consignment.
4. SGS verifies consignment location, injection report & certification and issue service order
invoice, contract & DIP TEST schedule date.
5. Buyer guarantee’s her purchase order with fiscal or escrow deposit of USD$500,000.00
6. SGS conducts surveyor inspection, confirms and issues quality, quantity & product
certification to buyer
# SGS SURVEYOR TO BE COVERED ON LIVE VIDEO TILL SGS SEAL TANK TAP COVER
7. Buyer pays 100% of master invoice of quantity of commodity on Tank/Tanker as confirmed
by the SGS/surveyor report, via swift transfer.
8. Seller transfer title of ownership charty to buyer.
9. Buyer takes absolute ownership/responsibility to maintains seller's Tank/Tanker or transfer
consignment to her Tank/Tanker.