Xtock Import & Export CC - BO Trading PDF

[email protected] To: BO TRADING COMPANY, [email protected] www.xtock.co.za SANTA CRUZ, BOLIVIA...

[email protected] To: BO TRADING COMPANY, [email protected] www.xtock.co.za SANTA CRUZ, BOLIVIA Date: 30/09/2024 The management of XTOCK IMPORT AND EXPORT CC SOUTH AFRICA, with full responsibility and authority under penalty of perjury, at this moment, confirm our readiness, willingness and ability to sell “EN590 10-PPM FUEL GRADE” herewith issue this FULL CORPORATE OFFER (FCO) according to the following terms and condi ons. EN590 10PPM Origin: Kazakhstan Delivery Terms: CIF Port of Arica-Chile. Quan ty: 50,000 or 100,000 MT x 12 Months (Total: 600,000 or 1,000,000 MT) CIF Price: $690 per MT Payment: SBLC/MT760, MT103/TT Inspec on: SGS or Equivalent. TRANSACTION PROCEDURES CIF: 1. Buyer issues ICPO with seller’s delivery procedures on buyer’s le erhead along with buyer banking informa on & Company Registra on Cer ficate. 2.⁠ ⁠Seller issues sales purchase agreement to the buyer 3.⁠ ⁠The buyer signs and returns the SPA to the seller with a guarantee of compliance, and the seller issues par al proof of products to the buyer: a). Cer ficate of Origin (KAZAKHSTAN) b). Proforma Invoice for the First Value Month Trial c). Statement of Availability of Product d). Irrevocable Commitment to Supply 4.⁠ ⁠Within 7 banking days, the buyer's bank sends irrevocable opera ve SBLC via MT-760 or DLC via MT-799. According to the seller's fiduciary bank verbiage to the seller's nominated fiduciary offshore bank account for the first-month shipment, should the buyer fail to issue payment instrument within the 7 banking days. The buyer must make a cash deposit of $690,000 by T/T wire transfer for security guarantee to enable the seller to secure a charter vessel and commence shipment, le er of guarantee of refund notarised by the Kazakhstan high court will be issued to the buyer and this payment will be deducted from the total cost of the product a er inspec on at discharge port. The seller's bank issues full POP documents to the buyer's bank alongside the 2% performance bond (PB) and this will be held in the buyer's designated safe loca on upon arrival of cargo at the buyer's discharge port. a). NOR/ETA b). Bill Of Lading (Must Have Ground Agent Details) c). Official Export License d). Vessel Ques onnaire 88 30/09/2024 e). Port Storage Agreement  [email protected] [email protected] f). SGS Report At Loading Port www.xtock.co.za g). Cer ficate of Ownership Transfer h). Dip Test Authoriza on (OTA) & ATB i). Charter Party Agreement to Transport the Product to Discharge Port j). Copy of Transnet Signed Contract to Transport the Product to the Loading Port k). Alloca on Transac on Passport Code Cer ficate (ATPCC) By Ministry Of Energy l). Entrustment Le er from Seller Shipping Company m). Other DLC Required Documents. 5.⁠ ⁠Shipment commences only upon confirma on of the buyer’s payment of security guarantee and the shipment should arrive at the buyer’s discharge within 5- 25 days. The SGS will be done by the seller at the loading seaport and the buyer at the unloading seaport. 6.⁠ ⁠Buyer Releases 70% of Payment to Seller within 3 to 5 Banking days and completes the remaining 30% within 30 days by TT / MT103 upon Receipt of the Shipping Documents and Confirma on of the Q&Q by SGS / CIQ at Des na on Port. 7.⁠ ⁠Seller pays commission within 48 hours by swi MT103 to all intermediaries assigned NCNDA / IMPFA 8.⁠ ⁠Seller/buyer proceeds on a yearly basis as per the signed dra contract. SELER’S COMPANY BANK DETAILS 30/09/2024 Account Name: XTOCK IMPORT AND EXORT CC Bank Name: First National Bank (FNB) Branch: Bramfontien JHB South Africa, Account No: 63078017994 SWIFT: FIRNZAJJ Branch code: 251905 Name of Officer: Pontsho Mosebi Contact: +27-873456310 SELLER’S FUDICIARY BANK ACCOUNT DETAILS : Bank Name: BANCO UNION SA Address: Calle Libertad No 156 Santa Cruz de la Sierra Bolivia SWIFT: BAUNBO22XXX Account Name: Isdenca Evelin Perez Zapata Account No. 10000017121215 Name of officer Miguel Antonio Roca Phone: +591 3 3171717 ext. 3371 Email: [email protected]  [email protected] [email protected] www.xtock.co.za We look forward to establishing a productive and mutually beneficial business relationship. Thank you for your prompt attention to this matter. Best regards 30/09/2024 Chukwunonyelum Christopher Kenechukwu