Compliance · KYC
Know your counterparty.
Every mineral and aromatic transaction through ARAM starts with company verification on both sides. It protects buyers, producers and us.
- Applies to
- 22 minerals
- Reviewed
- September 2026
01
What we check
- Legal identity: registration, directors, registered address.
- Beneficial owners: the people who ultimately own or control the company.
- Sanctions: UN, EU, UK (OFSI) and US (OFAC) lists, including ownership-based designations.
- Politically exposed persons, and state-owned counterparties, with enhanced checks where relevant.
- Adverse media: fraud, corruption, conflict financing, environmental or human-rights findings.
02
Why it matters in minerals
Minerals are high-value, portable and often cross several borders before refining, which makes them attractive for money laundering and sanctions evasion. Fraudulent offers are also common — documents copied from real companies, cargoes that do not exist. Verification is how a buyer knows the seller is real and entitled to sell.
Advance-fee fraud
ARAM never asks a buyer to pay fees for documents, 'release' of cargo or introductions. Treat any such request made in our name as fraud and tell us.
03
How to get verified
Buyers: create an account and complete business verification. Suppliers: apply to join. Verification is usually completed within a few working days once documents are in.
Last reviewed September 2026. Rules change — confirm before you contract.