7-Step Mandate Procedure

How a Mandate Deal Works

From mandate submission to final payment — every step, clearly explained.

Submit Your Deal for Review
The Process

The 7-Step Deal Procedure

  1. 01

    Mandate Submission

    Seller or seller's rep submits a mandate with product specs, volume, and price. NCNDA + IMFPA must be signed before any introduction.

  2. 02

    Document Review

    We verify the mandate: SGS report (must be under 24 hours, multi-page, named inspector), deal procedure letter, and proof of product.

  3. 03

    NCNDA + IMFPA Execution

    All parties — seller, buyer, and all intermediaries — sign before names or contacts are exchanged.

  4. 04

    Buyer Introduction

    Once documents are verified and NCNDA is fully executed, the verified buyer is introduced to the seller's representative.

  5. 05

    Site Visit & Dip Test

    Buyer's inspector performs an independent dip test at the storage facility. SGS report must be fresh. Seller provides facility access.

  6. 06

    Payment — 100% TT Wire

    Buyer pays 100% via TT wire transfer within 24 hours of a passing dip test. No splits, no escrow games.

  7. 07

    Commission Release

    After payment clears, seller pays all intermediary commissions as agreed in the IMFPA. Simultaneous release to all parties.

Documentation

Documents Required

Every legitimate mandate deal requires these documents before any introduction is made.

NCNDA + IMFPA

Signed by all parties — seller, buyer, and every intermediary in the chain.

SGS Inspection Report

Under 24 hours old, multi-page, with named inspector and credentials.

Deal Procedure Letter

FOB, CI, or Dip & Pay — must match the agreed transaction structure.

Proof of Product

Tank receipt or storage confirmation verifying product exists at location.

Letter of Intent (LOI)

Formal LOI from buyer confirming readiness and ability to purchase.

Banking Coordinates

Required for commission release to all intermediaries per the IMFPA.

Verification Standards

What We Verify

Before any introduction is made, every mandate goes through our verification checklist. If any item fails, the deal is paused until it's resolved.

  • SGS report is fresh (under 24 hours) and multi-page — single-page reports are rejected
  • Inspector name, credentials, and contact are on the report
  • Mandate origin is traceable — no third-hand mandates
  • Seller rep has documented authority to transact
  • No upfront fees of any kind are requested
  • All parties sign the NCNDA before any introduction
Due Diligence

Red Flags We Watch For

These patterns appear in nearly every fraudulent mandate. If you see any of these, walk away.

Upfront fee requests

Any request for fees before the dip test passes is an immediate disqualifier.

Pressure to skip the NCNDA

Anyone pushing to delay or avoid signing the NCNDA is bypassing your protection.

Single-page SGS reports

Legitimate SGS certificates are multi-page. A single page is almost always fabricated.

Dual representation

One person cannot legitimately represent both the buyer and the seller.

Untraceable mandate chain

Mandates with no verifiable chain of custody — no clear seller origin — are rejected.

Unrealistic pricing

Pricing far below market rates is a classic fraud signal. Real product trades near market.

Artificial urgency

Urgent timelines designed to prevent due diligence are a hallmark of scams.

1-on-1 Mandate Review

The $750 Consultation

One session. Your deal, your documents, your questions — reviewed with full honesty. You leave knowing exactly where you stand.

  • Full review of your deal documents — mandate, SGS report, and LOI
  • Step-by-step guidance through the 7-step deal procedure
  • Red flag assessment — we tell you exactly what's weak or missing
  • Recommendation: proceed, fix, or walk away
  • You leave with a clear action plan
Submit Your Deal for Review
Common Questions

Frequently Asked Questions

Ready to get your deal reviewed?

Submit your deal details and documents. We'll tell you exactly where you stand — and what to fix before anything moves forward.

Submit Your Deal for Review