Epoch Group
Business category 1 | Crude Oil |
City ( of main office ) | New York City, US, United States |
Address | 168 E.118th St |
Phones | 1-212-828-8899 |
Fax | 1-212-828-8899 |
About | We are an active trader with many mandate buying and selling clients since 1989. We sell and buying d2, jet fuel, blco, slco We have long experienced with worldwide clients. Procedures to buy from us: 1. Buyer requests quote; 2. Seller provides quote; 3. Buyer approves quote and submits LOI, including a bcl. 4. Seller issues fco; 5. Buyer accepts and signs fco, including his bank coordinates and forwards to seller. Seller countersigns including bank coordinates and copies thereof are forwarded to seller, sellers bank and buyers bank 6. Seller issues contract for buyers signature and buyer returns signed contract to seller by facsimile. Seller signs contract and returns copy to buyer by facsimile. Buyer forwards signed originals by DHL or other courier to seller, seller countersigns and returns copies of signed originals to buyer by DHL or other courier; 7. Buyers bank confirms pof and the availability of lc as well as their readiness to issue lc to sellers bank; 8. Sellers bank confirms POP and the availability of pb as well as their readiness to issue it, to buyers bank; 9. Buyers bank and sellers bank approve the format/text/verbiage of buyers lc and sellers pb; 10. Buyers bank issues non-operative letter of credit, in return sellers bank issues operative performance bond; 11. The operative performance bond activates the letter of credit; 12. Shipment commences as per contract |
Date | 2011 Oct 29, 11:10 |