Frequently Asked Questions

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Yes, Jet A1, JP54, With very Strict Sellers Procedures:

We only supply by means of CIF production contracts, ( 12 months with rolls and extensions ) to a minimum market value of 200 million USD per month. We do NOT offer trial or spot purchases (we can supply very large quantities in concurrent contracts)

ANS:  Anyone can look up a PLATT (or other Index) prices on the index providers websites OR purchase a subscription.  

Payment, as mentioned is upon successful discharge of each vessel and within 5 banking days will attract a market discount of 15%. (Note, as per contract, longer payment time reduces discount to 10%) We can deliver to ANY non-embargoed port worldwide and the contract can be tailored to suit various destinations. 

All of our buyers must submit a completed KYC , for compliance and diligence and show capacity with regard to their purchasing on a bank to bank basis ( details with regards to format and which banks will be involved to be agreed between principals ) Once the buyer has passed compliance with regard to the KYC and security ( normally within 48-72 hours )the buyer will receive from the sellers bank, related to the signed, but as yet not executed, contract between the seller and buyer. 

Send an email with your request, and confirmation you are direct to the principal. We then do due diligence.  If accepted we move on to NCNDA and begin the process.

1. HISTORY / EXPERIENCE: The best way to know if your Standby Letter of Credit (SBLC) provider is real or not is to check how many years they have been in business. Personally I will choose a bank instrument provider that has been in business for decades over one that just started a few years ago. Same way I would prefer a medical doctor with 30 years experience over a doctor that has just one or two years experience. History and Experience is everything.

2. Background Check: Run background checks on the company providing the sblc to make sure that they are real and legit.

3. INCORPORATION: Check if sblc provider is a legally registered company or fake one. Ask for their incorporation certificate.

URGENT NOTICE: It might interest you to know that there are only 10 genuine sblc providers in the world and HSBC, DBS, MUFG is amongst the top bank instrument providers in the world.