Doc. BM / 102Trade← Index
BM-02

Price, papers, release of funds

We support a commodity deal as the named party that holds money and pays it onward only when the contract’s conditions are satisfied.

The indemnitor role
What we will not do

The indemnitor role

On these transactions Borealis Mercator is not a silent mailbox. The mandate names the amount, the counterparty, the documents that must appear, and the fee. Receipt is reported. Payment waits. Then the allowed sum is released.

  • Written mandate before any transfer
  • Confirmation of receipt to the counterparty
  • Match of invoice, transport document, and contract
  • Release limited to the amount and payee in the mandate
  • Commission stated in the same document

What we will not do

We do not describe goods that were not shipped, and we do not change who is owed the money after the mandate is signed. If the documents do not match, the funds stay where the mandate says they stay.

§ RRequestBy email

Describe the deal

Commodity, route, and the condition for payment.

Request formBM / R-1

Your mail app should open with this request. If not, write to [email protected].

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