Sales process
With regards and regards
Transparent and successful purchasing process for Petrolino products
Dear Buyer, to ensure sustainable cooperation, the steps for purchasing Petrolino Blending products via transferable LC are presented as follows:
Please submit a Letter of Intent (LOI) with full details of your requirements. This form should be available to you on our website. If your requirements are not met by our existing products, we will try to suggest the best option for you by reviewing existing formulations or referring you to our R&D department.
Step 1
To maintain confidentiality, we will send you a Non-Disclosure Agreement (NDA). Also, a simple form to collect your general information is available on our website. After that, we will receive the necessary documents to verify your identity (such as a business license and CEO passport). These documents will be carefully reviewed by us.
Step 2
Please submit a formal application explaining the purpose and how you will use our product. If you are a broker, you will sign a brokerage agreement with us to represent your interests and introduce us to the final buyer.
Step 3
After receiving your information, we will send you the SCO.
* Please send us a Purchase Order (ICPO) with your complete bank details for our review.
* After checking your bank and business history, we will provide you with a draft contract for your review and approval.
* After confirming the ICPO, we will issue you a Proforma Invoice (PI).
* After you review and approve the Proforma Invoice, we will agree on the Corresponding Bank for LC payment.
* The contract is electronically signed and sent to the relevant banks (buyer’s bank and seller’s bank).
Step 4
Product inspection at our factory is carried out by your representative:
Obtaining a driver’s license
Driver’s signature on the container lid
The buyer is responsible for providing the vehicle (delivery is not done at the border)
Vehicle tank inspection is required before loading.
A control sample is taken from the vehicle.
For FOB and CFR buyers, SGS testing is available.
Step 5
For FOB and CFR customers, we provide you with the logistics information you need, including land transportation information to the port and shipping information.
Step 6
You go to your bank and open an LC in accordance with the proforma invoice.
LC Terms: Irrevocable | Transferable | In accordance with UCP 600 regulations
Step 7
Your bank (buyer) notifies our bank (seller) of the LC and we review and approve it.
- B/L
- CI
- PACKING LIST
- COO
- COA
Step 8
According to the agreed payment terms, the issuing bank releases the funds and pays us after matching the documents with the terms of the LC.
Step 9
Petrolino Group
We look forward to working with you and will do our best to provide quality service and meet your needs.
Regards,