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Services
From Introduction to Commission - We Handle It All.
At APEX Direct Group LLC, we provide end-to-end support across every stage of the crude oil transaction. Whether you're a buyer seeking direct access or a seller's mandate looking for a serious counterparty, we ensure the deal is structured properly, compliant with regulations, and safely executed.
Buyer-Seller Matching
We match verified buyers with direct seller mandates or sources - primarily from Iraq, the Gulf region, and select African and Asian markets.
Deal Structuring & Consulting
We work with all parties to structure the deal in a clean, compliant manner - avoiding long chains and delays. This includes banking advice, procedural review, and risk mitigation
Document Handling & Legal Frameworks
We assist and manage all documents critical to the transaction: - Soft Corporate Offers (SCO)
- Irrevocable Corporate Purchase Orders (ICPO)
- Sales and Purchase Agreements (SPA)
- Irrevocable Master Fee Protection Agreements (IMFPA)
- Non-Circumvention, Non-Disclosure Agreements (NCNDA)
Commission Protection & Payout Oversight
We ensure all intermediaries are legally protected and receive their agreed fees directly via the IMFPA. We discourage any bypassing and help set up a clean fee structure per barrel, approved by the seller.
Compliance Management (KYC/AML)
We verify and manage all Know Your Customer (KYC) and Anti-Money Laundering (AML) documents to ensure full legal and banking compliance
Oil Deal Process: How It Works
Step 1: Soft Corporate Offer (SCO)
The seller or their official mandate issues a Soft Corporate Offer with terms such as product type, quantity, price, and delivery port.
Step 2: Buyer Submits ICPO
A verified buyer submits an Irrevocable Corporate Purchase Order that confirms their ability to meet the terms.
Step 4: Sales and Purchase Agreement (SPA)
The SPA is drafted and signed, clearly outlining delivery terms (e.g., FOB Basrah), pricing formula (e.g., Platts minus X), banking instruments, and documentation flow.
Step 3: KYC & Corporate Documents
Both sides exchange corporate profiles, ID/passports, and banking information to verify legitimacy.
Step 5: Financial Instrument
The buyer issues a Standby Letter of Credit (SBLC), DLC, or MT103/23 as agreed in the SPA. The seller's bank confirms receipt or readiness.
Step 6: Loading & Payment
Upon loading and transfer of shipping documents (e.g., SGS, Q&Q, Bill of Lading), the buyer releases full payment via MT103.
Professional. Secure. Protected.
Every deal we engage in follows a clear, enforceable procedure with no loose ends.
Step 7: Commission Disbursement
All intermediaries listed in the IMFPA receive their commission directly from the seller's side by bank wire. Payment per barrel is split based on roles and agreed structure.
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