Commercial requirements
What a trade needs in order to be executable: the specification, the inspection standard, the delivery terms, the documents that travel with the cargo. These come from the contract and from the parties handling the goods.
Compliance
Knowing who we are
working with.
Verification is not a formality we apply to you. It is what lets a bank, an escrow provider or a counterparty say yes, and the earlier it is done the less it holds up the transaction.
What is asked for
- The company
- Registration details, ownership and control, the business it actually does, and the countries it operates in.
- The people
- Identification for the owners and the people authorised to instruct, to the standard the provider for that service requires.
- The transaction
- The contract or invoice behind it, the counterparty, what is being bought or sold, and where the funds come from.
- Anything specific
- Some routes, jurisdictions or assets bring their own requirements. Where they apply, we tell you what and why rather than simply asking again.
Financial requirements
What a regulated provider needs before it will move money: the identity of the parties, the legitimacy of the underlying trade, and the source of the funds. These come from the provider and from the rules it works under, and they are not negotiable through us.
Which entity
is responsible.
The trade
Commodity sourcing, inspection and logistics coordination sit with the trading side of the business, and with the producers, surveyors and carriers contracted for the transaction.
Han Eurasia Resources Ltd. is registered in Astana, Kazakhstan, and publishes its own company information.
The financial service
Payments, conversion and escrow are carried out by regulated providers. The account relationship, the checks and the decision to execute belong to the provider named for your transaction.
Wolf Ventures SWISS AG is registered in Zug, Switzerland, and states on its own site that it is a financial intermediary affiliated with the self-regulatory organisation VQF.
The coordination
HAN & WOLF prepares the documentation, explains what each party requires and keeps the transaction moving. We do not hold client funds, and we do not present ourselves as the regulated party.
How documents reach us.
Not through the contact form. When verification starts, your point of contact agrees a channel with you and tells you exactly what is needed, in what format and who will see it.
If a requirement does not make sense to you, ask. There is usually a reason, and where there is not, it should not be on the list.
Common
questions.
How long does verification take?
It depends on how quickly the documents arrive and on the provider reviewing them. The delay is almost never the review itself; it is waiting for a document nobody mentioned at the start, which is why we set out the list early.
Do you run the checks yourselves?
We review a transaction before we take it on, and we prepare what the provider will need. The checks that decide whether a regulated service can be provided are run by that provider.
Can you tell me in advance whether we would pass?
We can tell you early whether something looks workable and what would be difficult. We cannot promise an outcome that another institution decides.
What happens to the information we send?
It is used to assess and arrange your transaction, and shared with the provider that needs it for that purpose. The written detail is agreed with you before you send anything.
Ask what would be required.
Tell us the kind of transaction you have in mind and we will set out what verification would involve, before you commit to anything.