Understanding the documentation and verification requirements that govern engagement with seller mandates.
Documentation is used to verify buyer identity, capacity, and commercial intent prior to seller engagement. This protects both parties and prevents engagement with fraudulent inquiries, intermediary chains, or speculative requests.
Seller mandates engage only with verified and qualified buyers. Standard trade documentation is required in all cases.
Confirms company legitimacy, operational capacity, and business structure.
Demonstrates commercial intent and outlines volume, timeline, and delivery or custody requirements.
Ensures compliance with AML regulations and verifies buyer identity. This is primarily required for gold transactions.
Seller mandates engage only after commercial alignment and completion of required documentation. This ensures that seller time is reserved exclusively for serious, capable counterparties.
Seller calls are conducted only after documentation and verification are complete. This requirement is non-negotiable and applies to all commodities.
| Commodity | Required Documentation |
|---|---|
| EN590 / Jet A-1 / Bunker Fuels | CIS + LOI |
| Gold | KYC / CIS + LOI (+ Proof of Funds if required by seller) |