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Export Wholesale, LLC.

"For The Serious Trader..."

>> Business Process

Procedures -

a) Buyer issues ICPO + BCL
b) Seller issues FCO
c) Buyer signs and returns FCO
d) Seller sends Draft Contract (Amendale by Buyer)
e) Buyer Signs the Draft Contract and make changes if required
f) Seller and Buyer Sins Final Contract
g) Seller Sends Partial Proof of Product (POP) to Buyer's Bank
h) Upon confirmation of the Partial Proof of Product Documents, the buyer will issue Non-Operative L/C.
i) Seller places 2%PB and Full POP to Activate the Buyer L/C

POP Consists of -

i Copy of license to export, issued by the Department of the Ministry of Energy.
ii Copy of approval to export, issued by the Department of the Ministry of Justice.
iii Copy of statement of availability of the product
iv Copy of the Refinery commitment to produce the product.
v Copy of the contract to transport the product to the loading port.
vi Refinery Certificate of Product.
vii Copy of the port storage agreement.
viii Copy of the charter party agreement(s) to transport the product to discharge port.

j) Shipment Commences as per Contract

This is a General Procedure, It may change Product to Product