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DOCUMENTS PROVIDED BY THE SELLER

The way a Seller/Title holder expects full transparency from potential Buyers, the Buyers too want this gesture reciprocated by the Seller/Title Holder. Transparency and credibility can be proved by documents provided by both the Buyer as well as the Seller/ TitleHolder  at the very beginning. These documents can be easily verified and can prove that our Seller holds the title to all offered products, export licenses(where necessary) and other relevant documents. This means that throughout the process both Buyer and Seller are obtaining more credible information about each other. 

Our expert team will remain associated with the entire process from exchange of necessary documents up to the closure of the deal (delivery at the destination port and payment to seller included). Following documents are provided by the Seller/Title Holder to the buyer at different stages of the deal as detailed in the SPA (Sale & Purchase Agreement):

1st
POP – Proof of Product (set of documents that serve as a Seller’s proof that the product is real)
1st
2nd
Partial Proof Of Product (PPOP) Documents typically consist of: 
2nd
3rd
SGS Inspection Report or equivalent (SGS)
3rd
4th
Dip Test Analysis Report (DTAR)
4th
5th
Certificate of Origin (COO)
5th
6th
Tank Storage Receipt (TSR)
6th
7th
Full Proof Of Product (Full POP) are sent by Secured Mail to the Buyers Bank / Buyer and typically consist of:
7th
8th
Copy of License / permit to export, issued by the department of the ministry of energy (If applicable)
8th
9th
Copy of statement of availability of the product
9th
10th
Copy of the refinery commitment to produce the product
10th
11th
Copy of the pipeline corporation contract to transport the product to the loading port
11th
12th
Refinery certificate of product
12th
13th
Copy of the port storage agreement (TSR – If applicable)
13th
14th
Dip Test Authorization letter (DTA)Copy of SGS or equivalent report (SGS)
14th

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