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Cargodian
Germany
05 Feb 2021 (4 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Cargodian
Company Information
Get to know Cargodian
What is Cargodian? Cargodian is an inclusive, transparent and cost-efficient digital platform on which B2B buyers and sellers can trade securely. Created to make global trade accessible and effortless. The New Name of Trust. For Exporters: You will deliver the goods only then, once the buyer has paid a downpayment to Cargodian. Cargodian makes a down payment to you as soon as you send Cargodian the Bill of Lading (B/L). And the buyer will not receive the goods in the country of destination until the buyer has made the final payment to Cargodian. As soon as the buyer has confirmed receipt of the goods in terms of quantity and quality, Cargodian makes the final payment to you. For Importers: You pay the first part to Cargodian and can be sure that this first downpayment will only reach the seller when he has handed over the Bill of Lading (B/L) to Cargodian. Shortly before the goods are ready for you at the port of destination, you transfer the remaining amount to Cargodian and receive the release of goods at the port. You can be sure that the final payment will only be made by Cargodian to the seller after you have checked the quality and quantity.
Industry
- Financial Other ServicePRIMARY
- Technology Software Trading Platform
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