ATABAŞ GROUP’s Secure Trade Model: Protecting Buyers and Sellers in Oil Trading
One of the most common and damaging problems in the oil trade is the presence of fake buyers who attempt to impose unrealistic and self-serving procedures on sellers. As ATABAŞ GROUP, we eliminate this risk by acting as a neutral bridge that protects both sides of the transaction.
Our model guarantees the buyer’s funds while simultaneously securing the seller’s documents. As a result, both parties conduct business under clear protection and mutual assurance.
Controlled Document Flow and Buyer Verification
As a principle, ATABAŞ GROUP does not distribute FULL POP documents freely. This approach prevents fake buyers from circulating seller documents in the market.
Instead, we share seller documents only with verified buyers who have previously worked with ATABAŞ GROUP or who pass our internal approval process. After a preliminary agreement, we receive the FULL POP documents from the seller and, at the same time, secure the buyer’s payment source. In short, documents move only when payment readiness exists.
Therefore, paperwork flows in one direction, while payment readiness flows in the opposite direction. This balance protects both sides.
ATABAŞ GROUP as a Trade Bridge
In practice, ATABAŞ GROUP functions like an exchange mechanism or, more simply, a bridge. Buyers and sellers meet within our structure, and we manage the transaction in a controlled, transparent, and efficient manner.
Moreover, we simplify and shorten complex purchase structures such as:
- Tank-to-Tank
- Tank-to-Vessel
- Vessel-to-Vessel
- Vessel-to-Tank
- Tank Takeover
By doing so, we reduce operational delays and eliminate unnecessary intermediaries.
Step-by-Step Secure Trading Process
Step 1: ICPO Submission and Buyer Verification
Once the buyer issues an ICPO, this request becomes irrevocable toward ATABAŞ GROUP. At this stage, we immediately complete the buyer’s KYC procedures, review the company profile, and assess purchasing capability.
Step 2: Seller Engagement and Commercial Invoice
After buyer verification, we contact the seller and request complete product documentation. The seller issues a Commercial Invoice (CI), which formally initiates the transaction.
Step 3: FULL POP and Product Control
Following the CI, the seller provides FULL POP documentation, including fresh SGS reports proving the existence, quality, and quantity of the product. At this point, ATABAŞ GROUP strictly controls the product on behalf of the buyer.
Step 4: Buyer Invoice and Payment Readiness
After receiving FULL POP, we issue an invoice to the buyer. Once the buyer signs this invoice, we obtain full payment source details. Simultaneously, we notify our banking partners and, if applicable, submit the SGS documentation for compliance review.
At this stage, the buyer verifies and approves all documents, and we confirm the buyer’s readiness to pay.
Step 5: Simultaneous Execution
Once all confirmations are complete, ATABAŞ GROUP executes the transaction by:
- Delivering the product to the buyer
- Transferring funds to the seller
- Managing sales permits under ATABAŞ GROUP authority
This synchronized process ensures security, speed, and transparency.
Clear and Simple Trade Formula
In summary, our operating model follows a clear and effective sequence:
ICPO → CI → FULL POP (including SGS) → Payment
This structure removes confusion, prevents fraud, and allows serious companies to trade efficiently.
Final Note
Our simplified and controlled process supports many companies across the industry. If you are looking to buy or sell EN590 10 PPM or JET A1 fuel under secure and professional conditions, you can confidently contact ATABAŞ GROUP.
We build trust first.
Then we move documents.
Finally, we move money and product—correctly.