Jet A-1 300,000 bbl allocation with paymaster distribution
Refined product allocation with paymaster-administered commission distribution to mandated intermediaries on confirmed lifting.
USD 24.6M
Indicative notional
Escrow funding window 48 hours
Settlement window
Transaction description
- Q&Q report issued at loading; dip test on discharge.
- IMFPA-registered intermediaries paid by paymaster on lifting confirmation.
- Escrow funded before allocation letter is issued.
- Desk limits issued to buyer upon compliance clearance.
Key terms
- Product
- Jet A-1, Colonial Grade 54
- Volume
- 300,000 bbl monthly
- Payment
- MT103 / TT against documents
- Paymaster
- Licensed escrow paymaster
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