 As crude oil dealers one of our services is that of linkining buyers and sellers of oil products. Transactions, as such, are based on both suppliers and buyers requirements.
We aim at establishing long working relationships with our clients by putting together legally binding commitments beitween buyers and sellers, in such a way that all the terms and conditions are perfectly understood, and have been accepted by both parties.
Standard Buyers Trading Procedures may involve most or all of the following:
- Issuing of LOI + BCL with right to soft probe by buyer.
- Accepting of Sellers FCO (with acceptance letter) by buyer.
- Issuing financial statement/ proof of fund by buyer.
- Exchanging hard copy of contract via courier by both parties.
- Lodging the contract in respective banks by both parties.
- Opening DLC by buyers bank.
- Commencing deliverance as per contract.
We only work with serious and proven buyers.
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