Algo Trade Ltd

Country/Region: Estonia

Main Products: DIESEL FUEL EN 590

Location: Narva mnt. 7-634 Tallinn, Estonia

Company Introduction
DIESEL FUEL (ULSD)EN 590FOB PORT OF KLAIPEDA 50 000 METRIC TONS MONTHLY 1. The Parties signs this Contract, and lodge it with their respective Banks. 2. Within three (3) banking days after the signing of this contract, the Buyer's Bank issues by SWIFT Pre-Advice par 45 000 000 dollars. USA.Within ten (10) banking days from the date of acceptance of the Pre-Advice, Seller's Bank issues to the Bank confirming the non-operative Performance Bond in the amount of 2% of the nominal Pre-Advice.PB text will be agreed by the Parties additional applications.3. Within three (3) banking days from the date of acceptance of the non-operative Performance Bond Buyer's Bank opens on SWIFT irrevocable, revolving, documentary, transferable letter of credit par value 45,000,000 dollars. USA confirmed the TOP-50 banks, after that PB is automatically activated. Term of the credit 13 months, in accordance with Appendix 5 of this Contract.
Company Overview

Business Type: Trading Company

Year Established: 2012

Contact Information

Contact Person: Aleksandr

Designation: Business Manager

Telephone: 372 - 646 - 5848

Product Showcase
DIESEL FUEL EN 590

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