“Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content.
The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion”
“Ultra-low-sulfur diesel (ULSD) is diesel fuel with substantially lowered sulfur content.
The move to lower sulfur content allows for the application of advanced emissions control technologies that substantially lower the harmful emissions from diesel combustion”
ARABASIA Trading WLL
PRODUCT : ____________________
ORIGIN : ____________________
TOTAL QUANTITY : ______________________________ (____________) M.T. per year.
MONTHLY DELIVERY : ______________________________ (____________) M.T. per month.
QUALITY : Export quality
CONTRACT PERIOD : ___________________ months
DELIVERY : FOB ___________________ or CIF port___________________
PRICE AND DISCOUNT: To be mutually agreed upon by Buyer & Seller PAYMENT CONDITIONS : Irrevocable, Confirmed, Revolving L/C from a prime world bank
Irrevocable Confirmed Purchase Order (I.C.P.O.) -(template) (on Buyer's Letterhead)
This document is prepared in the form of an Irrevocable Confirmed Purchase Order (I.C.P.O.)
which has drafted subject to the rules of the International Chamber of Commerce, ICP 500.
IRREVOCABLE CONFIRMED PURCHASE ORDER #______________
Date: _______________
To: ________________
Attn: ________________
We, ___________________on behalf of director of _________________ with full responsibility and behalf on our Buyer ready to purchase the following goods:
PROCEDURES: According to the terms of the contract, to be mutually agreed upon by Buyer & Seller
TRANSACTION PROCEDURES: According to the terms of the contract, to be mutually agreed upon by Buyer & Seller
INSPECTION : SGS for Quantity and Quality
PERFORMANCE BOND: 2% Performance Bond
PROCEDURE :
1)
2)
3)
BANK NAME : _______________________________
ADDRESS : _______________________________
BANK OFFICER : _______________________________
ACCOUNT NUMBER : _______________________________
IBAN : _______________________________
SWIFT : _______________________________
TELEPHONE : _______________________________
E-MAIL : _______________________________
The given document provides the legal basis for the Seller's transfer of these terms and
parameters for preparing of the draft contract and shall become an integral part of the future contract and valid for up to ____ days.
We also give our sanction to Bank of the Supplier (Seller) to make inquiry of our solvency
concerning the given transaction ( 'Soft Probe' ). To that we authorize our bank to give from__ _________ 20x__ the necessary information ( 'Soft Probe' ).
BUYER
_________________________________
(stamp and seal)
President / CEO: _________________________