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Global Transaction Australia

Business TypeAgent
Main MarketsNorth America South America Western Europe Eastern Europe Ea
Product/ServiceCrude oil, downstream products
Business OwnerDennis Cou
EmployeesLess than 5 People
RegionAustralia

Company Introduction

These are the procedures that have been set for gta to follow.

Standardized procedures for the
Purchase/sale of
Petroleum products
Valid from:1 august 2003

Seller issues fco, copy of contract, and product specification sheet to buyers representative

Buyer issues icpo to seller

Seller issues pop to buyer

Buyer confirms pop

Seller issues soft contract to buyer

Buyer signs soft contract and returns it to seller

Seller issues non-operative pb to buyer

Seller issues hard contract to buyer

Buyer signs hard contract and returns it to seller

Buyer opens his financial instrument

Intermediaries file their pay orders

Seller confirms buyers financial instrument

Pb becomes operative

Buyer provides copy of ocean freight contract to seller(fobcontracts only)

All parties co-ordinate shipping schedule

Shipping commences

Payment:
By irrevocable, confirmed, revolving, dlc, drawn on a world top 25 bank acceptable to the seller, payable 100% at sight on a shipment by shipment basis, upon presentation of proper shipping documentation at the sellers bank.

Contractual period:
Long term, short term or spot.

Contract:
Primary or secondary.

Note:
The seller must confirm acceptance to the procedures as stated above in writing. Fco)

Contact Information

Contact PersonMr. Dennis Cousins
Telephone61-2-67624494
Fax Number61-2-6762
Website
Post Code2340
AddressPo Box 1736, Tamworth 2340 Australia, TAMWORTH, NSW, Australia
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