TANK TO TANK TRANSACTION PROCEDURES
11）.Buyer to issue an ICPO containing the seller's working procedure, inclusive of banking
details, along with a scanned copy of the buyer's passport. Additionally, a valid "TSA" (AAA
standard) and the buyer company's certificate of incorporation should be included.
12）. Seller will provide a commercial invoice (CI) for the product in tanks at the port, to be
signed by both buyer and seller.
13）. The Seller issues the product ATV, to Buyer. Seller issues the Dip Test Authorization Document (DTA) to be signed by the buyer, seller and the buyer's logistics company. The seller's refinery does not require additional port codes, terminal HUB, terminal access codes and ISPS codes. If the seller requests the provision of such codes, the seller's refinery should fully pay such additional fees to the storage tank company.
14). Seller provides the following Pre-Proof of Product (PPOP) documents:
a. Reservoir storage receipt with GPS coordinates of tank location.
b. Injection report.
c. Certificate of Origin.
d. Authorization to sell (ATSC).
e. Fresh SGS report inspected at the port
f. Product Passport (Lab Analysis Report).
15). Buyer inspects the product at their expense through SGS and sends the Tank Storage
Receipt (TSR).
16). Upon successful dip test in tanks, the product will be immediately injected into the buyer's tanks.
17). Buyer makes payment for the product via MT103/TT. The seller pays buyer-side commission and intermediaries, along with all seller-side commissions and intermediaries for the first shipment.）
11）.Buyer to issue an ICPO containing the seller's working procedure, inclusive of banking
details, along with a scanned copy of the buyer's passport. Additionally, a valid "TSA" (AAA
standard) and the buyer company's certificate of incorporation should be included.
12）. Seller will provide a commercial invoice (CI) for the product in tanks at the port, to be
signed by both buyer and seller.
13）. The Seller issues the product ATV, to Buyer. Seller issues the Dip Test Authorization Document (DTA) to be signed by the buyer, seller and the buyer's logistics company. The seller's refinery does not require additional port codes, terminal HUB, terminal access codes and ISPS codes. If the seller requests the provision of such codes, the seller's refinery should fully pay such additional fees to the storage tank company.
14). Seller provides the following Pre-Proof of Product (PPOP) documents:
a. Reservoir storage receipt with GPS coordinates of tank location.
b. Injection report.
c. Certificate of Origin.
d. Authorization to sell (ATSC).
e. Fresh SGS report inspected at the port
f. Product Passport (Lab Analysis Report).
15). Buyer inspects the product at their expense through SGS and sends the Tank Storage
Receipt (TSR).
16). Upon successful dip test in tanks, the product will be immediately injected into the buyer's tanks.
17). Buyer makes payment for the product via MT103/TT. The seller pays buyer-side commission and intermediaries, along with all seller-side commissions and intermediaries for the first shipment.）
