Buyers

Mainly, REM focuses on long-term contracts that establish a very close relationship with the buyers, allowing trust and commitment to be at the core of each transaction. The trial, as the first delivery of a transaction, serves as a platform to adjust all details and make corrections for the term part of the contract. The integrity of the process with regard to the client is also safeguarded first by the compliance executed by REM and the financial/banking system.

At the transactional and financial level, first, all transaction documentation (KYC and agreements with all parties) is submitted for approval by the financial/banking system.The financial structureand instruments are agreed upon between bank institutions. The Proof of Product (POP) is sent from REM's financial/banking institutions to the buyer's financial/banking institutions, strictly on a bank-to-bank basis, for the buyer to verify accordingly. The payment is guaranteed by the agreementon a bank-to-bank basis, or the financial instrument put in place for the buyer for each transaction. The payment from the buyer is executed via MT103, between 24-48 hours after receiving the Proof of Product,after which the title and risk of the commodity are transferred to the buyer upon lift or delivery.

Financial and Bank Institutions

Suppliers