Transaction Framework

Initial buyer introduction + corporate profile exchange. Buyer confirms mandate, end-user (if applicable), and target lift requirements.

Buyer submits KYC/KYB pack and confirms signatory authority. Documentation reviewed for compliance alignment.

Buyer submits product request (Jet A-1 or AGO/WAF spec GO), quantity, delivery basis (FOB/CIF), loading window, and destination.

Simcol engages refinery counterparty for allocation confirmation and required process steps (including performance bond / deposit requirements where applicable).

If eligible to proceed, indicative commercial structure and process checkpoints are confirmed (documentation completeness, financial instrument pathway, timeline).

Buyer confirms banking readiness and required financial instruments (e.g., PB / LC / SBLC where applicable) aligned to seller/refinery process.

Parties proceed to Sale & Purchase Agreement (SPA) issuance/review. Execution timeline and obligations are confirmed in writing.

Vessel nomination (if applicable), inspection protocol, shipping schedule, and discharge planning coordinated subject to transaction basis (FOB/CIF).

Loading and documentation handover completed per SPA terms. Post-loading document package shared for banking and cargo release processes.