Payment Methods and Financial Security

Exim Energy Ltd
Transaction & Payment Procedures

This page outlines how transactions and payments are handled for international energy trading with Exim Energy Ltd. All payment arrangements are established in accordance with the terms and conditions of the relevant Sales and Purchase Agreement (SPA).

1. Accepted Payment Methods
Exim Energy Ltd currently specifies the following payment methods, subject to transaction approval, applicable compliance requirements, and agreed contractual terms:

- SWIFT MT103 Bank Transfer — International bank transfers processed through the SWIFT network.
- USDT Transfer (TRC-20 / TRON Network) — Digital currency transfers, subject to verification, transaction approval, and applicable legal and compliance requirements.

2. Standby Letter of Credit (SBLC)
Where required under the transaction agreement, the buyer must arrange an acceptable Standby Letter of Credit (SBLC), transmitted via SWIFT MT760, as a payment-security instrument before product release or delivery.

The proposed issuing bank must satisfy the seller’s agreed creditworthiness criteria, including any applicable requirements relating to recognized credit-rating agencies.

Conditional instruments may be declined if they do not meet the requirements expressly agreed upon in the contract.

3. Unacceptable Payment Instruments
Documentary Letters of Credit (DLC) transmitted via SWIFT MT700 will NOT be accepted.

Buyers should ensure that any proposed financial instrument complies with the seller’s requirements and the terms of the relevant transaction agreement before issuance.

4. Verification and Compliance
All financial instruments, issuing banks, payment arrangements, and transaction documentation are subject to verification and approval in accordance with the final terms agreed between the parties.

All parties are responsible for ensuring compliance with applicable legal, regulatory, anti-money laundering (AML), and other relevant requirements in their respective jurisdictions.

Important Notice
Before publication, Exim Energy Ltd should obtain a review from its bank or a qualified trade-finance adviser to ensure that the following requirements are clearly defined in the contract:

- Issuing-bank eligibility: Any “top 25 banks” criterion and the applicable ranking source.
- SBLC wording: The precise requirements for acceptable wording, conditions, and instrument structure.
- Unconditional-instrument requirement: The meaning and scope of any requirement for an unconditional instrument.
- USDT payment arrangements: Applicable legal, regulatory, compliance, and banking requirements in all relevant jurisdictions.

This information is intended to outline the company’s proposed transaction procedures and does not replace the terms of a signed contract or professional legal and financial advice.