JBCC
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Standard Operational Procedure (SOP)

From contract to settlement: operational rigor and banking security.

JBCC operates under the strictest compliance and banking execution protocols, following ICC UCP 600 rules and Incoterms 2020. Our workflow is designed to filter speculative demand, ensure documentary integrity and guarantee the secure execution of physical asset trades.

  1. 01

    Inquiry & Financial Qualification

    Submission of ICPO mandatorily accompanied by RWA / BCL for immediate validation of financial capacity and filtering of speculative demand.

  2. 02

    Compliance & Due Diligence

    Rigorous KYC analysis, international sanctions screening and execution of NCNDA for mutual protection of origination and fees.

  3. 03

    Letter of Intent (LOI) & Analysis

    The buyer issues an LOI formalizing firm interest. JBCC then assesses logistical and technical feasibility with strategic suppliers before advancing.

  4. 04

    Formal Offer & Acceptance (FCO)

    Issuance of the Full Corporate Offer (FCO) by JBCC. The buyer reviews and returns the signed document, consolidating acceptance of the commercial conditions.

  5. 05

    Sales & Purchase Agreement (SPA)

    Execution of the Sales & Purchase Agreement, defining product specifications, schedules, Incoterms and irrevocable payment clauses.

  6. 06

    Financial Guarantee (MT-760)

    Critical protection step: issuance of an irrevocable SBLC or DLC via SWIFT MT-760. Logistics mobilization and inspection only begin after acceptance of the bank guarantee.

  7. 07

    Inspection, Settlement & Delivery (MT-103)

    Independent Quality & Quantity (Q&Q) inspection. Final payment via SWIFT MT-103 against presentation of the Bill of Lading (B/L) and original certificates.

  8. Integrity Notice

    In compliance with ICC guidelines, JBCC maintains a zero-tolerance policy for documentary fraud. Any submission of falsified documents (ICPO or BCL) will be immediately reported to ICC Commercial Crime Services, FBI and Interpol. We operate under UCP 600 rules and US Patriot Act due diligence protocols.