Transaction Workflow
Documented Process
Every transaction follows a structured eight-stage workflow with verification at each milestone. This ensures compliance, transparency, and protection for all parties.
8
Defined Stages
45-60
Days Average
100%
Documented
Mutual agreement protecting all parties from circumvention and ensuring confidentiality of transaction details.
Required Documents
- NCNDA
- IMFPA
- Company Registration Documents
Timeframe
1-2 business days
Verification
- Legal review
- Signature verification
KYC/AML Requirements
Buyer Documentation
- Company registration documents
- Proof of business activity
- Banking references from Top 25/50 bank
- Passport copy of authorized signatory
- Proof of financial capability
- End-user certificate (if applicable)
Seller Verification
- Proof of product availability
- SGS or equivalent quality certificate
- Export license and documentation
- Refinery allocation proof
- Performance bond capability
Accepted Payment Instruments
SBLC
Standby Letter of Credit
Preferred
DLC
Documentary Letter of Credit
Preferred
MT103
Swift Wire Transfer
Accepted
TT
Telegraphic Transfer
Case by Case
Bank Requirement: All payment instruments must be issued by Top 25 or Top 50 global banks as defined by recognized international banking rankings.