Transaction Framework
UNIKSALE's sales follow proven industry workflows. Key elements:
- Letter of Intent (LOI): Client submits an LOI specifying product, quantity, and desired terms.
- Sale & Purchase Agreement (SPA): We issue a draft SPA matching the LOI. Payment terms are strictly bank-backed (SBLC, DLC, or similar).
- Quality & Logistics: After SPA, we finalize quality specifications and shipping logistics. All inspections (e.g. SGS) are agreed in advance.
- Delivery: Shipment under FOB (or agreed INCOTERM). Ownership transfers at loading port.
- Payment: Upon delivery, title documents are released to the buyer after confirming bank payment compliance.
- Key Principles: We adhere to CIF/FOB conventions to balance seller and buyer protections. As noted in oil trade best practice, CIF requires seller security but we mitigate trust issues by working with reputable banks and validated counterparties[4]. This structured approach minimizes fraud risk and aligns incentives for both sides.
By sticking to these principles, we build trust with each transaction and set UNIKSALE apart as a reliable partner.
