01
Step 1
The Buyer shall submit an Irrevocable Corporate Purchase Order (ICPO) addressed to Seller/Refinery, together with the Buyer’s Company Registration Certificate, Company Profile and valid identification of the authorized signatory.
Transaction Procedure
Official TTM & refinery visit steps.
02
Step 2
Upon receipt and satisfactory review of the Buyer’s corporate documents, the Seller shall issue the Draft Sales and Purchase Agreement (SPA) to the Buyer for review and execution.
03
Step 3
The Buyer shall review, sign and return the SPA to the Seller within the agreed timeframe. Upon receipt of the duly signed SPA, the Seller shall countersign and proceed with the TTM arrangements.
04
Step 4
The Buyer shall formally request the TTM Visit Security Deposit Invoice in the amount of USD 48,000.
05
Step 5
The Seller shall issue the corresponding Commercial Invoice (CI). The USD 48,000 payment shall serve as confirmation of the Buyer’s firm commitment to attend the scheduled TTM and shall enable the Seller to complete the necessary administrative, security, scheduling and logistical arrangements.
06
Step 6
The Buyer shall remit the invoiced amount strictly according to the banking instructions stated on the Seller’s Invoice (MT103/USDT) and provide the applicable payment confirmation.
07
Step 7
Upon confirmation of receipt of cleared funds, the Seller shall issue the official TTM Invitation Letter confirming the approved meeting date, time, venue and applicable visit arrangements.
08
Step 8
The Buyer shall submit the complete particulars of all approved delegates, including full name, nationality, passport number, position/title and company affiliation, for security clearance and access authorization.
09
Step 9
The TTM shall be conducted at the Seller’s designated premises at: Bostandyk District, Prospect Al-Farabi, Building 19/1, N.P. 12A, 050000 Almaty City, Republic of Kazakhstan.
10
Step 10
Upon arrival, all members of the Buyer’s delegation shall strictly comply with the Seller’s identification, security, safety, confidentiality and visitor-control requirements.
11
Step 11
During the TTM, the authorized representatives of both parties shall review and confirm the transaction, including product availability, specifications, quantity, pricing, delivery terms, payment terms, documentation, logistics, contractual obligations and transaction schedule.
12
Step 12
Where separately authorized by the Seller, the Buyer’s delegation may be granted controlled access to relevant operational or storage areas, subject to applicable security, safety and operational restrictions.
13
Step 13
Upon successful completion of the scheduled TTM and in accordance with the Seller’s written refund undertaking, the USD 48,000 Visit Security Deposit shall be refunded to the Buyer within the agreed refund timeframe.
14
Step 14
The USD 48,000 payment shall not constitute payment toward the purchase price, product value or commission unless expressly agreed otherwise in writing.
15
Step 15
The executed SPA shall remain the governing contractual framework for the transaction, subject to completion of the agreed TTM, compliance requirements and any conditions precedent stated therein.
16
Step 16
No representative, intermediary or third party shall have authority to modify, bypass or replace this procedure without the prior written authorization of the Seller/Refinery.
Important procedure note
The USD 48,000 Visit Security Deposit is described in the selected procedure as a refundable visit security deposit subject to the Seller's written refund undertaking and the agreed refund timeframe. It is not purchase price, product value or commission unless expressly agreed otherwise in writing.
Proceed with this TTM procedure.
Qualified buyers may create an LOI after reviewing and accepting procedure reference 26KNL-TTM-01.