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3T IMPEX PROPOSAL ON. ZERO DEMURRAGE SERVICE. ………YOUR PARTNER IN LOWERING YOUR COST OF IMPORTATION. OUR VISION AND MISSION. 3T Impex Trade Academy (an arm of 3T Impex Consulting Limited) Its the foremost international trade training company in Nigeria.
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3T IMPEX PROPOSAL ON ZERO DEMURRAGE SERVICE ………YOUR PARTNER IN LOWERING YOUR COST OF IMPORTATION
OUR VISION AND MISSION 3T Impex Trade Academy (an arm of 3T Impex Consulting Limited) Its the foremost international trade training company in Nigeria. Our Vision: To contribute significantly to the growth of Trade Knowledge, Trade Funding and Trade Volume to foster National Development. Our Mission: To Promote Trade Education in Nigeria through training facilitation, trade consulting, development of effective trade finance Strategies and dissemination of trade information online.
OUR PROFILE-Recognition 3T Impex Trade Academy is the first and only firm in Nigeria that has got its international trade training courses approved by the IFS School of Finance in the United Kingdom. This approval and registration of our training courses enables the Certified Documentary Specialist (CDCS) in Nigeria to earn the Units/points need for recertification by simply attending our trainings. The 4 trainings approved so far include: 1. Intensive Training in Letter of Credit 2. The Four Pillars of Effective Trade Financing 3. A Comprehensive Overview of 7 Trade Rules & Articles 4. Operational Dynamics and Challenges of Guarantees: Domestic and Offshore Perspectives
UNIQUE SELLING POINT/SPECIALTY 3T Impex Trade Academy is the foremost International trade training organization in Nigeria. Our faculty has a team of seven Trade experts with local and International exposures in the field of trade finance and aggregate experience of over 50years. We are unparallel in the quality of our delivery during any of our international trade trainings because our facilitators combine: • Theoretical knowledge ( via numerous certifications in trade rules and articles) • Banking Background (structured trade finance and document processing) • Trade Execution Experience ( Port Logistics, forwarding and Documentation experiences) • International Recognition ( IFS School of finance recognizes and accepts our courses for PDU of CDCS recertification
OUR CLIENTS We have trained Staff of the following companies in different areas of international trade at different times: • STANBIC IBTC PLC • FIRST BANK NIGERIA PLC • HERITAGE BANK LIMITED • NNPC AND KRPC • MRS OIL AND GAS • WEMA BANK PLC • GMT LIMITED • NOSAKGROUP LTD • CFAO CICA NIG LTD • UNILEASING LTD • LINETRALE PETROLEUM • DEEKAY GROUP • MATPATSON PET SERO • NIGACHEM NIG LTD • JAWA INTERNATIONAL LTD • AFRICAN STEEL • MBH POWER LTD • ETERNA PLC • INDEX PETROLEUM • BIBLE SOCIETY OF NIGERIA • JUNBIC LTD • DAEWUO • INTEGRATED OIL/GAS LTD • FSDH MERCENT BANK • ABB NIG LTD • SHORELINK OIL& GAS • MICHELIN TYRE • NOIR ET BLANC LTD • INBISCO NIG LTD
INTRODUCTION-ZEDES 3T Impex Zero Demurrage Service (ZEDES) is a comprehensive Import support Service developed by 3T Impex Consulting Limited. This is aimed at working with the importers to reduce Delays, Discrepancies and consequently the Demurrage and other avoidable costs that are being often incurred in the course of their import transaction. This service helps the client to concentrate on their core business functions like manufacturing, trading, construction etc. and thereby them to be more efficient, effective and consequently increase their productivity. This proposal contains our company profiles, the scope of ZEDES, transaction dynamics, benefits and the service charge.
ZEDESSCOPE The scope of the ZEDES include the following: 1. Review and re-engineering of the client’s Import Trade operations and Processes 2. Work with the clients in their import planning processes 3. Review Sales contract with clients before shipment 4. Help the client in document examination before supplier dispatch them. 5.Follow up on Banks for e-form M acceptance, PAAR issuance and shipping documents 6. Monitoring of import processes from the import planning stage to the delivery of goods at the warehouse 7. Follow up on the clearing agents and monitoring of the clearing processes 9. General advisory services on Import documentations and any new regulations
ZEDESSCOPE 10. Work with the client to prepare the pre-import documentation 11. Work with the client to fill the e-form M on the trade portal 12. Work with the client to vet shipping documents before the supplier issues the original documents 13. Review of the Letter of Credits draft(if applicable) before issuance by the Bank 14. Work with the client to verify the authenticity of new suppliers 15. Send email and sms alert on vessel arrival, document arrival, e-form M Revalidation and other relevant information 16. Send weekly report on the status of client import transaction
ZEDESBENEFITS The benefits of the ZEDES include the following: 1. It helps the client to concentrate on its core Job of trading, Manufacturing, construction etc 2. It eliminates the bottlenecks in the import transaction and thus reduces the delays to near zero overtime 3. It reduces the extra costs (resulting from demurrage, interest, discrepancy charges etc) incurred by the importers in the course of their import transactions. 4. The import operation re-engineering removes all the bottlenecks and lapses in the import operation 5. It helps the client to reduce the risk and mitigate against frauds In their import trade transactions 6. The email alerts and weekly report helps the clients to be on top of their transactions and this helps them to make necessary plans ahead.
ZEDES DYNAMICS 1. Client and 3T Impex agree on proposal terms, make necessary amendments and sign the proposals. 2. A designated staff of the client interfaces with the 3T Impex and introduces 3T Impex to the Bank and clearing agent 3. 3T Impex works with the client to review sale contract, LC draft and e-form M processing. 4. 3T Impex provides other services as stated in the scope of the proposal as required by the client. 5. Upon shipment, client provides shipping documents and pay 50% of ZEDES charge 6. 3T Impex vets shipping documents and send it back to the Client and follow up on Bank for PAAR, and the agent for clearing 7. Agent clear goods, deliver it to client warehouse and client pays the 50% balance of ZEDES as agreed.
ZEDES CHARGE The ZEDES charge shall be N30,000 per shipment irrespective of the Form M value and shipment value. Terms of Payment: 50% payment is to be made within 2 working days after shipment while the balance of 50% is to be made within 2 working days after delivery of goods at the client’s warehouse. The ZEDES charge covers the services within the scope stated in this proposal. It does not cover the following: 1. Transport cost to client office 2. Clearing of goods from the port 3. Delivery of goods to customer’s warehouse 4. Transport cost to client’s Bank
ZEDESACCEPTANCE To accept this proposal please sign and send copy of this page by email to info@3timpex.com. The issuance of this proposal also implies a non-disclosure and non-competition commitment for 3T Impex with regard to all the documentation and information disclosed by the client in the context of this agreement _________________ ____________________ Rep: Rep: Company: 3T Impex Company: