Certifications
Know Your Customer Trade
Process of identity verification and risk assessment of counterparties in international trade operations. Includes verification of documents, corporate structure, and commercial background.
Process of identity verification and risk assessment of counterparties in international trade operations. Includes verification of documents, corporate structure, and commercial background.
Process of identity verification and risk assessment of counterparties in international trade operations. Includes verification of documents, corporate structure, and commercial background.
Anti-Money Laundering Trade
Measures and procedures to prevent the use of international trade as a money laundering mechanism, including over-invoicing, under-invoicing, multiple invoicing, and phantom shipments.
CertificationsSupply Chain Due Diligence
Process of investigating and verifying all participants in the supply chain to identify legal, financial, security, and reputational risks. Mandatory in many trusted trader programs.
CertificationsSanctions Screening
Automated process of verifying names of clients, suppliers, and counterparties against international sanctions lists (OFAC, EU, UN) to prevent transactions with prohibited entities.
CertificationsCompliance Program
Internal company system to ensure compliance with all applicable foreign trade regulations, including correct classification, proper valuation, restrictions, and trade sanctions.