International Transaction Procedure

Standard Workflow for High-Value Transactions

(Bitcoin (MICA) • Gold • Precious Metals • Historical Assets • Currency Transactions • Other High-Value Assets)

Step 1 – Presentation of the Offer

Every transaction begins with a formal offer from the Seller or the Seller's Mandate.

The offer may be presented in the form of:

  • MOU (Memorandum of Understanding)
  • SCO (Soft Corporate Offer)
  • Corporate Offer Letter
  • Word or PDF Proposal

The document shall clearly specify, among other things:

  • Description of the asset (BTC (MICA), Gold, Currency Pallets, Historical Assets, etc.)
  • Available quantity
  • Commercial terms
  • Discount structure (e.g. 10% Gross / 6% Net)
  • Commission structure
  • Transaction procedure
  • Requirements from the Buyer

The Buyer or Buyer's Mandate reviews the offer and confirms whether the proposed terms are acceptable.

 

Step 2 – Initial Meeting

If the Buyer expresses interest, an introductory meeting is organized via:

  • Google Meet
  • Zoom

The purpose of this meeting is to:

  • Introduce all principal parties.
  • Establish confidence between the parties.
  • Clarify technical and commercial questions.
  • Discuss the proposed transaction procedure.
  • Confirm the willingness of both parties to proceed.

No confidential contact details should be exchanged directly at this stage.

 

Step 3 – Preparation of the NCNDA / IMFPA

Once both parties agree in principle to move forward, the next and most important step is the preparation of the:

NCNDA / IMFPA
(Non-Circumvention, Non-Disclosure Agreement / Irrevocable Master Fee Protection Agreement)

This document is prepared before introducing the Buyer and Seller directly.

Its purpose is to:

  • Protect all intermediaries.
  • Protect the Mandates.
  • Prevent circumvention.
  • Define confidentiality obligations.
  • Establish the commission distribution.
  • Define the responsibilities of each participant.

This step is essential because, once the Buyer and Seller communicate directly without contractual protection, it becomes significantly more difficult to protect intermediary commissions.

 

Step 4 – Inclusion of All Participants

The NCNDA / IMFPA must include every party participating in the transaction, including:

  • Seller
  • Seller's Mandate(s)
  • Buyer
  • Buyer's Mandate(s)
  • Intermediaries
  • Introducing Parties
  • Paymaster

Every participant entitled to a commission must be listed before signatures begin.

 

Step 5 – Signature Process

The signature process is coordinated by Chevalier Global Assets UG.

The documents are circulated in an organized sequence until all required signatures have been obtained.

Only the final executed version is distributed to all participants.

This controlled process ensures:

  • document integrity,
  • confidentiality,
  • commission protection,
  • proper record keeping.

 

Step 6 – Appointment of the Paymaster

The appointment of an independent Paymaster is strongly recommended for every international transaction.

The Paymaster is included in the NCNDA / IMFPA and acts as an independent commission administrator.

Typical responsibilities include:

  • Receiving commission funds.
  • Distributing commissions exactly as agreed in the IMFPA.
  • Providing transparent payment records.
  • Supporting compliance documentation.
  • Assisting with banking and cross-border payment procedures where legally applicable.

The use of an independent Paymaster increases confidence among all participants and minimizes disputes regarding commission payments.

 

Step 7 – Introduction of the Principal Parties

Only after:

  • the NCNDA / IMFPA has been fully executed,
  • all commissions have been contractually protected,
  • the Paymaster have signed,
  • and all parties have signed,

are the Buyer, Seller and their respective Mandates formally introduced to one another.

From this stage onward, they may communicate directly to execute the transaction.

 

Step 8 – Transaction Execution

The parties then follow the commercial procedure applicable to the specific transaction.

Depending on the asset, this may include:

  • KYC verification
  • Proof of Funds (POF)
  • Proof of Product (POP)
  • Wallet verification (for digital assets)
  • Bank confirmations
  • SKR inspections
  • Asset verification
  • Compliance reviews
  • Contract execution
  • Settlement
  • Delivery

The exact procedure depends on the nature of the asset being traded.

 

Summary of the Workflow

  1. Seller issues an Offer (MOU / SCO / Proposal).
  2. Buyer reviews the offer.
  3. Introductory Google Meet or Zoom meeting.
  4. Questions are answered and both parties confirm their interest.
  5. NCNDA / IMFPA is prepared.
  6. All intermediaries, mandates and the Paymaster are included.
  7. Documents are signed by all participants.
  8. Buyer and Seller are formally introduced.
  9. The agreed transaction procedure is executed.
  10. The Paymaster distributes commissions in accordance with the signed IMFPA.

 

Guiding Principle

The protection of all participants, the confidentiality of the transaction, and the security of intermediary commissions are fundamental principles of every professional international transaction.

No direct introduction between Buyer and Seller should take place before the NCNDA / IMFPA has been fully executed by all relevant parties.

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