Global Transaction Australia
Company Details
Company Introduction
These are the procedures that have been set for gta to follow.Standardized procedures for thePurchase/sale ofPetroleum productsValid from:1 august 2003 Seller issues fco, copy of contract, and product specification sheet to buyers representative Buyer issues icpo to sellerSeller issues pop to buyer Buyer confirms popSeller issues soft contract to buyerBuyer signs soft contract and returns it to sellerSeller issues non-operative pb to buyer Seller issues hard contract to buyerBuyer signs hard contract and returns it to sellerBuyer opens his financial instrumentIntermediaries file their pay ordersSeller confirms buyers financial instrument Pb becomes operative Buyer provides copy of ocean freight contract to seller(fobcontracts only)All parties co-ordinate shipping schedule Shipping commences Payment:By irrevocable, confirmed, revolving, dlc, drawn on a world top 25 bank acceptable to the seller, payable 100% at sight on a shipment by shipment basis, upon presentation of proper shipping documentation at the sellers bank.Contractual period:Long term, short term or spot.Contract:Primary or secondary.Note:The seller must confirm acceptance to the procedures as stated above in writing. Fco)
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Company Product
- Sugar For SaleAgent For Refined EMU OilSugar For SaleAgent for Refined Emu Oil