United States REBCO is a Crude Oil product. Key specs — Origin: United States.
Product Description
Specifications: Quantity:10,000,000bbls per month Delivery: CIF, in accordance with INCOTERMS 2000 Discount: Gross-$5 Net-$3.50 Commission: $1 sellers side $.50 buyers side Payment terms: USD => Irrevocable, Confirmed, Auto Revolving, Transferable Documentary Letter of Credit Procedures: 1. Buyer issues ICPO or LOI to include BCL 2.
Seller issues FCO Buyer signs and returns to Seller 3. Seller signs FCO 4. Buyer\'\'s bank issues a Letter of Readiness declaring preparedness to open a revolving irrevocable, transferable, payable at sight 100% for the value of the first month delivery L/C 5. Seller issues POP 6. Buyer issues the L/C on a revolving basis WE DON\'\'T SHOW PAST PERFORMANCES
