Bonny Light Crude Oil (BLCO)
As facilitators, we follow strictly all SELLER’S guidelines on delivery of oil and gas to serious clients all over the world
Once the contract is signed between the seller and the buyer and returned; they seller would provide SELLER’S nominated fiduciary account to receive your instrument. Preferred instruments to SELLER’S are Standby Letter of Credit (SBLC) which can be non-transferable and non-divisible, Bank Guarantee from reputable bank accepted to SELLER.
Upon confirmation of the buyer instrument by the receiving bank, the seller nominates a vessel and release all necessary documents in buyer’s favor for confirmation and necessary action. Please not that a single issuance of SBLC for 365 + 1 day guarantees the buyer supply of BLCO for 12 months.
- Company Name: TRUTH LLP
- Country: KAZAKHSTAN