Our simple process is built around one clear objective: to connect global buyers with local sellers with ease.
Buying on the Global Commodities Trading Platform works in three simple steps:
Step 1: Buyers and sellers meet on the platform
We source a wide range of commodities as per published specifications on the website and list them on the platform.
Step 2: Buyer directly purchases from sellers and producers
Quality certified commodities sold and bought online with no paperwork. A buyer does not need to open any Letter of Credit (LC) or submit any documentation. The buyer selects the commodity and the desired port of delivery; the system then automatically calculates all the necessary charges, enabling the commodity to arrive at their port. To have confirmation from the system, the buyer requires to deposit 20% of the total amount in advance, which is fully refundable if there is a problem with the delivery of the commodity. The system automatically confirms the order once it receives advance payment.
Step 3: Buyer receives the goods
Upon receiving the notification of advance payment into the system, the seller must deliver the commodity at Bonded warehouse nominated by GCTP, where the commodity goes through an intense and necessary quality check. Once the independent certification company approves the quality and specification of the supplied commodity, the buyer gets notified and requires to pay 80% of the remaining balance. This balance is also fully refundable until the commodities leave the port of its origin and the buyer receives a copy of the Bill of Lading (B/L) into the system. GCTP further ensures that the buyer receives the original copy of B/L, though nominated courier company, along with other necessary documentation for their records.
GCTP handles all the complete paperwork required for the export process and ensures that the buyer receives the commodities at the port of their choice worldwide.
GCTP provides a robust and transparent platform for trading commodities. Our digital platform removes the challenges buyers and sellers face when trading commodities in the traditional sense. The new online platform offers quality assured commodities, secure and prompt payments and guaranteed deliveries – all through one powerful platform.
Search and Buy Commodities Instantly
Buyers have unlimited access to the platform from anywhere to source commodities. The powerful search option enables the buyer to find what they want instantly.
100% quality Certified
The trading platform has a robust quality assurance system integrated into the process. Quality checks performed by internationally acclaimed auditors assure the buyer that the commodities delivered to them are thoroughly inspected and certified as per agreed international standards.
GCTP partners with world-renowned companies like SGS to ensure the quality of the commodities as per the published specification, which buyers agree to accept before buying the product.
Competitive prices
The GCTP platform allows buyers to choose commodities from hundreds of available listings at very competitive prices. The choice is endless.
No LC, No paperwork
GCTP provides the buyer with the option to avoid going through arranging any letters of credit or any bank drafts issued in favour of the local suppliers. The entire process is electronic and hassle-free.
Money-back guarantee
In traditional commodity purchases, when a buyer purchases a product on a letter of credit, they do not get any compensation if the seller defaults to providing the commodities. However, GCTP guarantees that the buyer will get a 100 percent refund if the seller defaults.
Worldwide delivery
Once the goods are sold and payment is processed, GCTP ensures that the buyers receive their delivery at a port of their choice in the world.
Zero Export Paperwork
The sellers will not face the time-consuming task of preparing export documentation. All documents will be handled by GCTP on their behalf, cutting down delay and enhancing the trading experience for both sellers and buyers.
Address: 3B, 3rd Floor, Bahria Complex IV
Ch. Khalique-uz-Zaman Road
Gizri, Karachi – 75600, Pakistan
Phone: +92 310-000-GCTP (4287)
Email: [email protected]