- Letter of Intent (LOI): Issued on official company letterhead, fully signed, stamped, and addressed to Chelet Ltd., including target volume, delivery port, and target price.
- Client Information Sheet (CIS): Full corporate profile detailing company registration number, tax ID, authorized signatory details, and bank contact info.
- Certificate of Incorporation & Passport Copy: Valid corporate registration certificate and passport copy of the legal signing authority.
- Bank Comfort Letter (BCL) / Proof of Funds (POF): Non-operative BCL or bank capability letter demonstrating financial capacity for the requested allocation.
KYC / AML onboarding
Buyer Compliance & Onboarding Portal
Chelet Ltd. applies structured counterparty verification before contract issuance or allocation review.
Mandatory documentation
Onboarding Package Requirements
Verification sequence
4-Step Buyer Verification Workflow
| Stage | Action Required | Responsibility |
|---|---|---|
| 01. Submission | LOI + Full CIS Package submission via corporate email. | Buyer / End-User |
| 02. Due Diligence | KYC check, corporate registration validation & sanction list screening. | Chelet Compliance Desk |
| 03. SCO Issuance | Issuance of Soft Corporate Offer (SCO) upon successful verification. | Chelet Ltd. / Allocation Desk |
| 04. Bank-to-Bank Execution | Contract signing and exchange of financial instruments (MT760 SBLC/DLC). | Buyer's Bank & Refinery Bank |