TREV OIL ENTERPRISE

STANDARD PROCEDURES; 1. Buyer confirms soft offer and issue an ICPO with complete Banking Coordinates or BCL with the right for Soft probe. 2. THE SELLER issues FCO of which Buyer endorses and returns. 3. THE SELLER issues draft contract open for amendments. 4. Both parties confirm draft Contract by endorsing it. 5. Both parties lodge contracts in respective banks. 6. Buyer�s Bank sends Pre-Advice to Seller�s Bank to kick start Bank to Bank Process. 7. Buyer�s Bank and Seller�s Bank finalized Bank to Bank process. 8. Seller�s appoints and signs Charter Party Agreement with the Shipping Company, 9. Buyer contacts shipping company and summarizes shipping schedule. 10. Buyer�s bank SWIFT the IRREVOCABLE, NON-TRANSFERRABLE SBLC/LC to Seller�s designated bank. 11. Seller�s Bank send to Buyer�s Bank through SWIFT the PROOF OF PRODUCT (POP) and 2% PB. 12. Buyer�s Bank makes payment as per the signed contract. 13.Delivery commence as scheduled in the contract. Inspection: SGS, CICC or similar on the account of the *****12_2003(At)yahoo(dOt)Com