How We Trade
A Step-by-Step Guide to Our Trade Process and Compliance Standards
Trading Methods We Support
FOB (Free on Board)
Under FOB terms, Vantor Commodities handles all costs and risks up to the loading of goods at the port of origin. From that point, the buyer assumes responsibility for shipping, insurance, and delivery.
CIF (Cost, Insurance, Freight)
We handle the cost, insurance, and freight of goods up to the destination port. This method offers you peace of mind, knowing your shipment is insured and transported safely
CFR (Cost and Freight)
Under CFR terms, we cover the cost and freight to transport your goods to the destination port. While insurance is not included, we ensure reliable shipping and full support up to your country’s port.
Cash & Carry
A straightforward buying process where goods are paid for in full and collected directly by the buyer. Ideal for quick transactions with no waiting time or shipping arrangements required.
Ledger to Ledger
A secure digital transaction method where funds are transferred directly between bank or financial institution ledgers. Fast, traceable, and ideal for high-value or business-to-business (B2B) transactions.
Step-by-Step Trade Flow
Step- 1
An online or in-person consultation to understand your requirements, objectives, and expectations.
Initial Meeting
Step- 3
We collect essential compliance documents including Know Your Customer (KYC) and Non-Circumvention, Non-Disclosure Agreements (NCNDA).
KYC & NCNDA
Step- 5
The final trade is initiated via the agreed method, whether through a refinery, supplier, or other approved channels.
Execution
We receive your enquiry through our CIS (Client Information Sheet) or website contact form.
Enquiry Received
Step -2
We walk you through the necessary documents, procedures, and approvals for the trade.
Process Explained
Step- 4
Terms are negotiated and agreed upon. The official procedures and trade documents are shared for your review.
Offer & Acceptance
Step- 6
Financial Instruments We Accept
BCL – Bank Comfort Letter
We receive your enquiry through our CIS (Client Information Sheet) or website contact form.
LC – Letter of Credit
An internationally recognized payment instrument issued by a bank ensuring the seller will receive payment if the delivery conditions are met.
DLC – Documentary Letter of Credit
A secure payment method where the buyer’s bank guarantees payment to the seller upon presentation of required shipping and transaction documents.
Escrow
A trusted third-party service that holds funds during a transaction, releasing payment only when all terms and conditions are satisfied by both parties.
SBLC – Standby Letter of Credit
A financial guarantee provided by the buyer’s bank, used as a backup payment option in case the buyer fails to meet their obligations.