Set Oil
Here are Todays Great Set Oil Deals
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 MODERN ABSTRACT HUGE WALL ART OIL PAINTING ON CANVAS $47.99 End Date: Saturday Jun-16-2012 8:24:26 PDT Buy It Now for only: $47.99 Buy It Now | Add to watch list |
 Large scale forest landscape of modern art painting knife AR0020 $0.01 End Date: Friday May-25-2012 23:25:30 PDT Bid now | Add to watch list |
 Large scale forest landscape of modern art painting knife AR0019 $0.01 End Date: Friday May-25-2012 23:54:19 PDT Bid now | Add to watch list |
 Louis XIV and Moliere Leon Gerome oil painting repro $249.00 End Date: Tuesday May-29-2012 11:14:35 PDT Buy It Now for only: $249.00 Buy It Now | Add to watch list |
 CANVAS OIL PAINTING Wildlife ANIMAL Fox $0.01 End Date: Saturday May-26-2012 5:13:14 PDT Bid now | Add to watch list |
 Oil Painting Abstract Red Tree Forest Lake Modern Art Wall Decor 24X36 Stretched $98.95 End Date: Friday Jun-1-2012 15:30:17 PDT Buy It Now for only: $98.95 Buy It Now | Add to watch list |
 A+++ CELIA SAUBRY French PRIMITIVE oil PARIS Naif LOOK $1,200.00 End Date: Saturday May-26-2012 5:21:10 PDT Buy It Now for only: $1,650.00 Buy It Now | Bid now | Add to watch list |
 Walter Emsley PORTRAIT WATERCOLOR ON BOARD Signed Titled On Reverse RARE $699.00 End Date: Saturday May-26-2012 5:58:16 PDT Bid now | Add to watch list |
 Rita de Acosta Lydig Giovanni Boldini Repro Oil $89.00 End Date: Tuesday Jun-5-2012 19:23:27 PDT Buy It Now for only: $89.00 Buy It Now | Add to watch list |
 Original Harry Buckley GIVERNY VIII Signed Oil Alkyd on Board 12x16 RARE $299.00 End Date: Saturday May-26-2012 6:09:25 PDT Bid now | Add to watch list |
 Tuscany Italian Sunset Country Home Red Poppies 24X36 Oil On Canvas Painting $98.95 End Date: Thursday May-31-2012 18:33:46 PDT Buy It Now for only: $98.95 Buy It Now | Add to watch list |
 MODERN WALL ART OIL PAINTING ON CANVAS Buda chino $0.01 End Date: Saturday May-26-2012 6:25:13 PDT Bid now | Add to watch list |
 Handicraft Oil painting cock chanticleer rooster $0.01 End Date: Saturday May-26-2012 7:34:00 PDT Bid now | Add to watch list |
 XMing Flowers Garden Hand Painted Floral oil painting bestbid shop SF177 $79.99 End Date: Sunday Jun-24-2012 0:26:17 PDT Buy It Now for only: $79.99 Buy It Now | Add to watch list |
 Contemporary Modern Abstract Oil Painting Tree Art no frame $0.01 End Date: Saturday May-26-2012 8:02:11 PDT Bid now | Add to watch list |
 Lesbia John Reinhard Weguelin oil painting repro $139.00 End Date: Sunday Jun-10-2012 4:38:43 PDT Buy It Now for only: $139.00 Buy It Now | Add to watch list |
 Elk oil painting by Karl E Karalus $100.00 End Date: Saturday May-26-2012 8:19:23 PDT Bid now | Add to watch list |
 Original Oil Painting by Bill Warden 1927 1991 Cowboy Saddling Up by Campfire $440.00 End Date: Saturday May-26-2012 8:56:50 PDT Bid now | Add to watch list |
 XMing Blooming Rose Modern Hand Painted Floral oil painting bestbid shop SC75 $79.99 End Date: Sunday Jun-24-2012 0:26:17 PDT Buy It Now for only: $79.99 Buy It Now | Add to watch list |
 Dan Austine Oil Painting $200.00 End Date: Saturday May-26-2012 9:04:59 PDT Buy It Now for only: $250.00 Buy It Now | Bid now | Add to watch list |
 XMing Flowers on Table Hand Painted Floral oil painting bestbid shop SC26 $79.99 End Date: Sunday Jun-24-2012 0:26:17 PDT Buy It Now for only: $79.99 Buy It Now | Add to watch list |
 Modern knife landscape painting on canvas BL031 $0.01 End Date: Saturday May-26-2012 9:10:27 PDT Bid now | Add to watch list |
 Contemporary art oil paintings all across the road BL022 $0.01 End Date: Saturday May-26-2012 9:10:56 PDT Bid now | Add to watch list |
 Original Oil Painting 8x10 on Canvas $16.00 End Date: Sunday Jun-24-2012 21:06:03 PDT Buy It Now for only: $16.00 Buy It Now | Add to watch list |
 Modern art abstract oil painting on canvas BL0247 $0.01 End Date: Saturday May-26-2012 9:16:45 PDT Bid now | Add to watch list |
 Original Oil Painting 8x10 on Canvas $19.95 End Date: Sunday Jun-24-2012 21:06:03 PDT Buy It Now for only: $19.95 Buy It Now | Add to watch list |
 WYLAND ORIGINAL OIL BRUSH STROKE LITHOGRAHPHS 5 Pc Set LARGEST ONE ON EBAY $19,999.00 End Date: Saturday May-26-2012 9:33:05 PDT Buy It Now for only: $32,000.00 Buy It Now | Bid now | Add to watch list |
 Cafe Terace Vangogh reproduction Oil Painting on Canvas hand painted 20x24 $1.55 End Date: Saturday May-26-2012 9:58:21 PDT Bid now | Add to watch list |
 Original Oil Painting 8x10 on Canvas $19.95 End Date: Sunday Jun-24-2012 21:06:03 PDT Buy It Now for only: $19.95 Buy It Now | Add to watch list |
 Huge handpainted abstract set oil painting on canvas wall deco modern art yp19 $24.99 End Date: Saturday May-26-2012 10:28:02 PDT Bid now | Add to watch list |
 Peaceful HUGE LANDSCAPE CONTEMPORARY WALL ART WORTHlESS DCOR LEAVES $104.99 End Date: Thursday Jun-7-2012 22:52:41 PDT Buy It Now for only: $104.99 Buy It Now | Add to watch list |
 ART OIL PAINTING VINTAGE AHLSTROM COLLECTIBLE $75.00 End Date: Saturday May-26-2012 11:05:53 PDT Buy It Now for only: $90.00 Buy It Now | Bid now | Add to watch list |
 1967 OIL ON BOARD ORIGINAL FISHERMAN AND THEIR BOATS ISLAND PICTURE SIGNED RAMED $8.99 End Date: Saturday May-26-2012 11:09:47 PDT Bid now | Add to watch list |
 Original Oil Painting 8x10 on Canvas $25.00 End Date: Sunday Jun-24-2012 21:06:03 PDT Buy It Now for only: $25.00 Buy It Now | Add to watch list |
 Look son the northern lights winter snow lowry school Original Oil painting $15.67 End Date: Saturday May-26-2012 11:15:17 PDT Bid now | Add to watch list |
 Original Oil Painting 8x10 on Canvas $25.00 End Date: Sunday Jun-24-2012 21:06:03 PDT Buy It Now for only: $25.00 Buy It Now | Add to watch list |
 AUTHENTIC PAINTINGS BY STEPHAN KAYE FLOWERS AND BIRDS Set of 2 $45.00 End Date: Saturday May-26-2012 13:23:03 PDT Bid now | Add to watch list |
 ANTIQUE 19C RARE Victorian LOVEBIRDS Oil Painting w Carved BIRDS on FRAME $298.00 End Date: Saturday May-26-2012 13:58:51 PDT Bid now | Add to watch list |
 Hercules Crowned by Fame Sebastiano Conca oil repro $149.00 End Date: Saturday May-26-2012 6:48:53 PDT Buy It Now for only: $149.00 Buy It Now | Add to watch list |
 Real hand painted oil paintings set of three $6.95 End Date: Saturday May-26-2012 14:46:36 PDT Bid now | Add to watch list |
 Stevenson Memorial Abbott Thayer oil painting repro $99.00 End Date: Sunday Jun-24-2012 9:09:02 PDT Buy It Now for only: $99.00 Buy It Now | Add to watch list |
 Real hand painted oil paintings set of three $6.95 End Date: Saturday May-26-2012 14:57:32 PDT Bid now | Add to watch list |
 Real hand painted oil paintings set of three $6.95 End Date: Saturday May-26-2012 15:00:55 PDT Bid now | Add to watch list |
 XMing Flowers Garden Hand Painted Landscape oil painting bestbid shop SE959 $89.99 End Date: Sunday Jun-24-2012 0:26:17 PDT Buy It Now for only: $89.99 Buy It Now | Add to watch list |
 VintgPaint by Numbers Swan chicks Wonderful Lake Mid Century old colors EUC $22.00 End Date: Saturday May-26-2012 15:03:29 PDT Buy It Now for only: $32.00 Buy It Now | Bid now | Add to watch list |
 EARLY 20th CENTURY AMERICAN EQUESTRIAN HUNTING OIL HORSE RIDER DOGS HISTORICAL $1,750.00 End Date: Sunday Jun-24-2012 16:45:22 PDT Buy It Now for only: $1,750.00 Buy It Now | Add to watch list |
 VintgPaint by Numbers Heron chicks Wonderful Lake Mid Century Old colors EUC $22.00 End Date: Saturday May-26-2012 15:15:04 PDT Buy It Now for only: $32.00 Buy It Now | Bid now | Add to watch list |
 RARE Oil Canvas Listed Modernist Artist SAMUEL HELLER $200.00 End Date: Saturday May-26-2012 15:19:05 PDT Bid now | Add to watch list |
 Louveciennes Heights at Marl Alfred Sisley Repro Oil $79.00 End Date: Wednesday Jun-6-2012 7:35:48 PDT Buy It Now for only: $79.00 Buy It Now | Add to watch list |
 Vintage Scary Watercolor by James Belton Bonsall New Orleans Painter $89.95 End Date: Saturday May-26-2012 16:06:31 PDT Bid now | Add to watch list |
 Framed Large Wall Canvas on Wooden Box Handmade Landscape Set Oil Paintins Cm030 $169.99 End Date: Saturday Jun-23-2012 17:48:28 PDT Buy It Now for only: $169.99 Buy It Now | Add to watch list |
 BEAUTIFUL OIL ON CANVAS OF A PEACEFUL COTTAGE SETTING SIGNED MACGIBBBON 95 $49.99 End Date: Saturday May-26-2012 17:03:01 PDT Bid now | Add to watch list |
 DELIGHTFUL OIL ON ARTIST BOARD DEPICTING A WOMEN FEEDING A DEER SIGNED B DRAPER $39.99 End Date: Saturday May-26-2012 17:05:10 PDT Bid now | Add to watch list |
 Golden Sunflowers Daisies Flower Vase Still Life Stretched 24X36 Oil Painting $98.95 End Date: Friday Jun-1-2012 15:08:06 PDT Buy It Now for only: $98.95 Buy It Now | Add to watch list |
 Set 2 Small Antique Painting By Asti on Richard Tile England $27.99 End Date: Saturday May-26-2012 17:11:06 PDT Buy It Now for only: $33.99 Buy It Now | Bid now | Add to watch list |
 The wave William Bouguereau repro oil painting $89.00 End Date: Tuesday Jun-5-2012 16:19:44 PDT Buy It Now for only: $89.00 Buy It Now | Add to watch list |
 Major find Original rough sketch Warner Sallman Abe Lincoln Son personal fav $3,995.00 End Date: Saturday May-26-2012 17:14:16 PDT Bid now | Add to watch list |
 SAMUEL HELLER PARK BENCH Original Oil on Canvas 30 x 24 RARE No Reserve $199.00 End Date: Saturday May-26-2012 17:28:36 PDT Bid now | Add to watch list |
 The Arabian Desert Frederic Church repro oil painting $129.00 End Date: Tuesday Jun-5-2012 20:55:38 PDT Buy It Now for only: $129.00 Buy It Now | Add to watch list |
 CALIFORNIA OIL PAINTING PEOPLE WALKING ON BEACH OLD STYLE CLOTHING LISTED ARTIST $725.00 End Date: Saturday May-26-2012 17:36:01 PDT Bid now | Add to watch list |
 lifes question Paul Gauguin repro oil painting $159.00 End Date: Wednesday Jun-6-2012 23:46:58 PDT Buy It Now for only: $159.00 Buy It Now | Add to watch list |
 Vintage OIL PAINTING Landscape Pond or Stream with Trees Picture in WOOD FRAME $24.99 End Date: Saturday May-26-2012 19:00:46 PDT Bid now | Add to watch list |
 Modern Handmade Large Canvas Set Landscape Tree Oil Painting On Canvas Hm248 $24.99 End Date: Saturday May-26-2012 19:34:08 PDT Bid now | Add to watch list |
 Portrait of Phyllis Waterlo John Waterhouse Repro oil $106.00 End Date: Tuesday Jun-5-2012 9:00:18 PDT Buy It Now for only: $106.00 Buy It Now | Add to watch list |
 Lake Como Italy Town Homes Flowers Boats Church 20X24 Oil On Canvas Painting Art $77.77 End Date: Saturday May-26-2012 19:42:16 PDT Buy It Now for only: $88.88 Buy It Now | Bid now | Add to watch list |
 French Restaurant Bar Cafe Bistro Paris Oil Painting $77.77 End Date: Friday Jun-1-2012 21:57:13 PDT Buy It Now for only: $77.77 Buy It Now | Add to watch list |
 hand painted artwork Golden flowers Still life oil paintings on canvas 5pcs set $0.99 End Date: Saturday May-26-2012 19:51:38 PDT Bid now | Add to watch list |
 Original Oil On Canvas Sailboats Signed Donabeth Jones Some Damage $1.99 (1 Bid) End Date: Saturday May-26-2012 19:55:06 PDT Bid now | Add to watch list |
 Landscape with the Flight into Egypt Carracci oil repro $119.00 End Date: Saturday Jun-9-2012 9:51:34 PDT Buy It Now for only: $119.00 Buy It Now | Add to watch list |
 50s SIGNED LOBSTER ABSTRACT OIL PAINTING ART ATOMIC MID CENTURY MODERN EAMES ERA $99.99 End Date: Saturday May-26-2012 20:04:30 PDT Bid now | Add to watch list |
 Surrender of Lord Cornwallis john Trumbull repro oil $970.00 End Date: Wednesday Jun-6-2012 18:06:43 PDT Buy It Now for only: $970.00 Buy It Now | Add to watch list |
 SIGNED GIGNTONIO ANTIQUE OIL ON CANVAS PAINTING OF ELDERLY COUPLE IN GOLD FRAME $249.00 End Date: Saturday May-26-2012 20:30:58 PDT Buy It Now for only: $550.00 Buy It Now | Bid now | Add to watch list |
 VINTAGE OIL PAINTING FRAMED LANDSCAPE SIGNED BARNES IMPRESSIONISM ART LANDSCAPE $4.99 (1 Bid) End Date: Saturday May-26-2012 20:31:21 PDT Bid now | Add to watch list |
 Lane In Cheshire John Grimshaw repro oil painting $89.00 End Date: Wednesday Jun-6-2012 6:25:30 PDT Buy It Now for only: $89.00 Buy It Now | Add to watch list |
 Abstract Landscape Green Trees Red Flowers Yellow Green Hills 24X36 Oil Painting $98.95 End Date: Saturday May-26-2012 21:18:12 PDT Bid now | Add to watch list |
 The Cornfield John Constable Repro Oil painting $99.00 End Date: Tuesday Jun-5-2012 21:06:29 PDT Buy It Now for only: $99.00 Buy It Now | Add to watch list |
 Modern art abstract oil painting on canvas BL0304 $0.01 End Date: Saturday May-26-2012 22:32:07 PDT Bid now | Add to watch list |
 Vintage Western Gouache Painting Indian Chief In Canoe Lee Mero 1885 1977 $395.00 End Date: Saturday May-26-2012 22:42:11 PDT Bid now | Add to watch list |
 Sir Winston Churchill Arthur Pan oil painting repro $99.00 End Date: Friday Jun-8-2012 10:10:35 PDT Buy It Now for only: $99.00 Buy It Now | Add to watch list |
 WILLSON ORIGINAL LANDSCAPE OIL PAINTING Textured Palette Knife MODERN Tree ART $125.00 End Date: Saturday May-26-2012 22:52:04 PDT Bid now | Add to watch list |
 August Blue Henry Scott Tuke repro oil $139.00 End Date: Tuesday Jun-5-2012 22:44:16 PDT Buy It Now for only: $139.00 Buy It Now | Add to watch list |
 Old Alaskan Style Gold Pan with beautiful Hand Painted Log Cabin Scene $10.00 (1 Bid) End Date: Sunday May-27-2012 0:30:56 PDT Bid now | Add to watch list |
 New Tropical Seascape Acrylics Painting 16x20 Listed by the Artist NR $69.99 End Date: Sunday May-27-2012 2:30:13 PDT Bid now | Add to watch list |
 Pelt Merchant Of Cairo Jean Leon Gerome oil repro $99.00 End Date: Friday Jun-15-2012 10:27:17 PDT Buy It Now for only: $99.00 Buy It Now | Add to watch list |
 LOT OF 2 FREDERICK HINES ACT 1875 1928 SIGNED WATERCOLOUR CHILDREN SPRINGTIME $6.50 (2 Bids) End Date: Sunday May-27-2012 2:33:34 PDT Bid now | Add to watch list |
 Hawaii Pacific Island Beach Sunset Palms 20X24 Stretched Oil On Canvas Painting $77.77 End Date: Friday Jun-1-2012 20:30:12 PDT Buy It Now for only: $77.77 Buy It Now | Add to watch list |
 NewOriginalTropical Hawaii Painting16X20Listed By The Artist Ready To Enjoy $69.99 End Date: Sunday May-27-2012 2:34:05 PDT Bid now | Add to watch list |
 NewOriginalTropical Beach Painting16X20Listed By The Artist Ready To Enjoy $79.99 End Date: Sunday May-27-2012 2:35:38 PDT Bid now | Add to watch list |
 LISTED ARTIST Reuter 1913 85 Oil On Canvas HAYSTACKS SUNLIT PATH w People $800.00 End Date: Sunday Jun-24-2012 19:24:29 PDT Buy It Now for only: $800.00 Buy It Now | Add to watch list |
 Large Art OIL PAINTING Wall Decor On Canvas No frame $0.01 End Date: Sunday May-27-2012 3:51:04 PDT Bid now | Add to watch list |
 A Seaport at Sunrise Claude Lorrain oil painting repro $139.00 End Date: Sunday Jun-3-2012 0:08:21 PDT Buy It Now for only: $139.00 Buy It Now | Add to watch list |
 VAN GOGH sunflower reproduction canvas OIL PAINTING 5060cm thick oil paint $0.01 End Date: Sunday May-27-2012 4:39:04 PDT Bid now | Add to watch list |
 Beautiful Vintage Gold Gilded Framed Signed Original Oil PaintingFlowers N R $7.29 (1 Bid) End Date: Sunday May-27-2012 5:26:44 PDT Bid now | Add to watch list |
 Mexican Resort Town Beach Boat Harbor Flowers Paicfic Ocean 24X36 Oil Painting $98.95 End Date: Friday Jun-1-2012 15:14:15 PDT Buy It Now for only: $98.95 Buy It Now | Add to watch list |
 Modern Art Angel oil painting on canvas BL0266 $0.01 End Date: Sunday May-27-2012 7:02:00 PDT Bid now | Add to watch list |
 Paris French Restaurant Bar Bistro Cafe Brasserie Hotel Large Oil Painting Art $98.95 End Date: Friday Jun-1-2012 20:27:26 PDT Buy It Now for only: $98.95 Buy It Now | Add to watch list |
 Vintage landscape oil cardboard paintingImpressionismSigned by KOVACHORIGINAL $45.00 End Date: Sunday May-27-2012 7:14:02 PDT Bid now | Add to watch list |
 Contemparory Hand Painted Modern Art Landscape Flowers Set Oil Paintings Bhp366 $24.99 End Date: Sunday May-27-2012 7:18:11 PDT Bid now | Add to watch list |
 The Baths of Caracalla Lawrence Alma Tadema repro oil $249.00 End Date: Sunday Jun-3-2012 8:33:00 PDT Buy It Now for only: $249.00 Buy It Now | Add to watch list |
 Modern art sea horse oil painting on canvas BL0260 $0.01 End Date: Sunday May-27-2012 7:29:18 PDT Bid now | Add to watch list |
More Great Information on Set Oil:
On the Most Frequently Asked Questions regarding our Oil derivatives Trading Business
1. Are there certain laws you have to follow in International Global Trading?
The laws are UCP600, Incompetents 2000 and the ICC Paris. You want to make sure whatever you write and whatever documents you sign these laws are mentioned. These laws are applicable to all
trading
countries in the world including the US. Hence, If your payment instrument is a DLC then you would want to state in your document that your financial instrument is a Documentary Letter of Credit defined under UCP600 procedures. This prevents any misunderstanding of the type of payment being offered. Also, this removes any grief that could prevail without the UCP600 procedures.
2. What is a soft offer?
There is no such thing as a "SOFT OFFER". A "Quote/Offer" is a soft offer. A quote need only to be confirmed. Once confirmed, a full offer is advised. Once accepted the contract is advised.
3. Isn't the buyer with the money the most important thing in securing an oil deal?
Not understanding why the supplier needs to be secured first can get an intermediary in a lot of trouble. If an end buyer issues a DLC (Documentary Letter of Credit) to your account (the controlling intermediary) under the impression that you have a supplier (because of quotes you received from another intermediary seller) and the intermediary seller really did not have a supplier then you can and will be charged on “fraud”. The end buyer went through an expense setting up the DLC and in return was defrauded by you. It is without say, you are in a serious situation. So secure the supplier first, find the buyer second. Once you get a quote from the person who is in actual possession of the product (supplier) then seek the buyer.
4. Is there a difference in a "RFQ" (Request for Quote) from an End Buyer to a Buyer/Seller as opposed to a "RFQ" from the Buyer/Seller to the Supplier?
Yes, there is a difference between the End Buyers RFQ and the Buyer/Sellers RFQ. The RFQ from the End Buyer to the Buyer/Seller is a request for a quote to buy the product. The RFQ from the Buyer/Seller to the Supplier is a request for a quote to sell the Supplier’s product. This is why an intermediary cannot give an "ICPO" to a supplier. The intermediary is not purchasing the product. Only the person who is taking possession of the goods is purchasing the product. The intermediary only takes possession of the Title not the product. The intermediary deals in documents only not the product itself. The "Quote from the Supplier is the first most important document. Without a quote from a real supplier you have nothing to start a deal. Supplier first, buyer 2nd. Here is a small example of a RFQ transaction:... Your neighbor Joe has a sports car in his driveway for sale and you say to him ("Hey Joe how much do you want for your sports car; I think I know someone who might want it.) You have just requested for quote from Joe to sell the car, not to buy. Now you advertise that sports car and a potential buyer asks, how much for the car?. The buyer is requesting in here for a quote to buy.
5. If I have secured a supplier should I ask for a mandateship?
No. A mandate to a supplier is an “agent” who acts on behalf of a disclosed principal. A mandate is not just given to a person; (as implied so often). It has to be earned, after a strong relationship has been built from many years of dealing with a “principle supplier”. The mandate agent can only act under the instructions of their principle (supplier) who must disclose to end buyer immediately when the offer is made to an end buyer; and in closing the deal, the “mandate agent” would be paid a by the supplier is often the end result. The mandate agent gets no commission from the buyer’s side of the deal.
A mandate agent has to close many deals in order to get any reasonable commission amount from the supplier. Many intermediaries claim mandateship because they think being next to the supplier as a mandate agent is putting them in a great position. This is incorrect. An intermediary in a chain deal will make a great deal more money than a mandate agent. The best position in a deal is the “controlling buyer/seller intermediary”. The buyer/sell must know procedures really well and act in the best interest of all parities on both sides of the deal. Forget about becoming a mandate holder of a principal as it is not a feasible position to hold if you are looking to make the big money. Learn the proper procedures, rules and policies and become the legally defined Buyer/seller.
6. What is really POP?
P.O.P as often seen on the Internet is basically Proof of Product. Intermediaries cannot give POP if they have never even seen the goods; and even if one goes to the supplier's country and looks at the goods he is going to purchase, there is no guarantee that the goods he has seen, will not be sold to someone else tomorrow. A Proof of Product ('POP') is often requested by buyers or intermediaries who believe it will give them some guarantee of the existence of the product and ability of the supplier to deliver. Many POPs produced are fake. The POP offers no proof at all, because once a POP has been drafted, it is automatically out of date. The product could have been sold to another buyer and no longer exists. If an end Buyer were dealing with a supplier, anything can be suggested especially in matters of POP. But no matter what the End buyer demands, he will still need to produce the financial instrument to pay for the goods before a supplier will even consider making any effort in getting goods ready for delivery. When an end buyer asks a buyer/seller he needs a POP before
financial
instrument is in place, he is really saying : Please tell me who your disclosed principal is so I can circumvent you. POP really does not really give any proof, but it will give the opportunity for circumvention.
7. What does NCND or NCNDA mean?
NCNDA stands for (Non Circumvention, Non Disclosure Agreement.) This document is not worth the paper it is written on. If you have your name on this document and get circumvented, do you have hundreds of thousands of dollars to pay to take this through the international courts? This is a document that is very hard to enforce. Only a misinformed or unskilled intermediary/broker would send you a NCNDA.
8. Is the NCNDA any protection for an intermediary?
Not even close to protection. The NCND is totally useless piece of paper unless the product is in your own country. Internationally, this documents floating around the Internet is impossible to enforce in a court of law.
9. What does FPA, IFPA or IMFPA mean?
IMFPA stands for (Irrevocable Master Fee Protection Agreement.) The FPA (Fee Protection Agreement) and NCND are usually attached to each other. FPA / NCND is not the proper way to protect intermediary/broker’s interests. Beware if someone claims to be the Mandate, Supplier, End Buyer while at the same time requesting FPA and NCND. A real mandate never fears circumvention as he is protected by the one who extended the mandate to him. A real supplier and a real End Buyer don’t get commissions.
10. Does the MFPA (Masters Fee Protection Agreement) enforce payment of commission?
The flawed document MFPA does not protect a commission payment. There are documents under International Law that can protect your commission but the MFPA is not one of them.
For more information:
Ziad Abdelnour