TANK-TO-VESSELS PROCEDURE AGREEMENT (TTV)
Buyer issues ICPO containing the seller's procedure with banking details and scanned copy of buyer's passport along with Charter Party Agreement (CPA) from buyer’s Logistic Company.
Seller issues Commercial Invoice (CI) for the available products in Tank at the Port, for Buyer's review and endorsement and return within 3 international working days
Seller issue to buyer Tank-To-Vessel Injection Agreement (TTVIA) to be endorsed by both Seller, Buyer and Buyer Shipping Company.
Upon returned of endorsed TTVIA, seller release to buyer the following
Fresh SGS (Not Older Than 48 hrs.)
Legalized Commercial Invoice.
c) Commitment to Supply.
Injection Report
ATS -Authorization to Sell & Collect
Authorization to Verify (ATV)
g)Dip Test Authorization (DTA)
h) Export License.
j)Statement of product Availability
j)Tank Storage Receipt (TSR) With barcode and GPS Coordinate k) NCNDA/IMFPA
The Buyer Conducts Dip Test in the product in the seller's reservoir.
Buyer provide Authorization to Inject (ATI) from it Logistic Company to enable seller commence Injection of Product into the Buyer's Vessel
Within Twenty-Four (24) Hours upon completion of the Injection, buyer make payment for the total cost of the product injected into buyer’s Vessel by TT wire transfer to seller’s nominated bank account.
Buyer lifts products and all intermediaries are paid, Seller and Buyer consider and signs further contracts after successful Transaction.
