Being a responsible company and reliable partner, we place paramount importance on exercising meticulous control over our business from A to Z. We understand the significance of minimizing any kind of risks for our investors and customers, and therefore, we leave no stone unturned in managing potential risks with utmost diligence. Here’s how we achieve this:
- KYC Clearance: Know Your Customer is the foundation of our risk management process. By conducting thorough background checks on all parties involved, we establish a clear understanding of their identity, financial stability, and reputation.
- Cargo Move Tracking: we closely monitor the movement of cargo throughout the supply chain, using advanced tracking systems. This real-time visibility allows us to promptly address any potential issues that may arise during transportation.
- Title of Goods: we require a clear and valid title of goods from the supplier before proceeding with the financing process. This ensures that we have legal ownership of the commodities, mitigating the risk of disputes and fraud.
- No Long Positions: to minimize market exposure, we avoid holding long positions in the commodities we finance. This proactive approach shields us and our clients from adverse price fluctuations.
- Financial Instruments: we utilize secure financial instruments like letters of credit to guarantee payment to suppliers upon meeting specified conditions. This mechanism provides assurance to all parties involved and reduces transaction risks.
- Independent quality and quantity surveyors: we engage independent surveyors to assess the quality and quantity of the financed goods accurately. Their unbiased evaluations protect both our customers and us from potential discrepancies.
- Market Intelligence: Staying informed about market trends and potential risks is crucial. Our dedicated team continuously analyzes market intelligence to make informed decisions and avoid unforeseen challenges.
- No Pre-Production Payment: We refrain from making any pre-production payments, reducing the risk of non-delivery or non-performance by suppliers.
- Regular Inspections: Throughout the financing period, we conduct regular inspections at various points along the supply chain. This ensures compliance with quality standards and minimizes potential operational risks.
In addition to our rigorous inspections at various points along the supply chain, we also conduct regular checks on the stocks of financed goods. Our vigilant monitoring ensures that the quantity and quality of the commodities are consistently maintained during the financing period. By retaining ownership of the goods throughout this period, we can swiftly address any discrepancies and take immediate action in case of unforeseen events. This meticulous approach to stock checking further reinforces our commitment to risk management and allows us to safeguard the interests of our investors and customers, assuring them of a secure and seamless trade financing experience with Maxwer.
Our commitment to transparency and diligence is unwavering as we strive to build enduring partnerships based on reliability and integrity.
