Access
Brokers and mandates
$99/ month
Founding: $49 / month
Argus credits a month100
- Introduction record
- Join and run deals as your seat
Fraud screening and deal orchestration for principalsbrokersmandatesissuing banks
Screen the SBLC or LC before the bank does, then deliver a complete bank package.
DEALEXUS checks SBLC and Documentary LC drafts for fraud markers and structural errors, and carries the transaction from the first NCNDA to a complete bank submission package — in one controlled workflow.
A person walks you through it. If it isn't a fit, we'll tell you. Not sure where you fit? Find your seat.
Argus report · DLX-017842
Standby letter of credit — draft MT760
Screening complete · 3 of 3 findings
HIGH
Issuing bank BIC does not resolve
Labelled “Swift Code” on line 4; no match in the directory.
HIGH
Advance-fee pattern match
Upfront “activation fee” wording, payable before issuance.
MED
Governing rules not stated
No ISP98 or URDG 758 reference on the face.
Advisory screening. Not a clearance, and not a substitute for compliance review.
Built around the rules banks already use
ICC UCP 600ISP98URDG 758SWIFT MT760SWIFT MT700
New to trade finance?
The 60-second version.
A buyer and a seller don't trust each other with a million dollars. So a bank stands in the middle — and puts its promise on one of two pieces of paper.
Buyer
Bank
Seller
DLC · MT700
Documentary letter of credit
Pays the seller once shipping documents prove the goods moved.
The workhorse.
SBLC · MT760
Standby letter of credit
The bank's backstop — if the buyer doesn't pay, the bank will.
The safety net.
$9.7 trilliontrade finance market, every year
$2.5 trillionof real trade that never happens — the financing isn't arranged in time
Software runs the stage inside the bank. Almost nothing runs the stage before it.
Most of these deals fail on the paper, not the price.
Banks run software once a deal reaches them. The stage before — the parties, the documents, the KYC, the calendar — still runs on email.
Draft MT760 · page 1RETURNED
Instruments that don't hold up
Wrong fields, banks that don't exist, fee requests dressed as procedure. Tradeable SBLCs do not exist.
FBI IC3 · I-031819-PSA ↗Documents sent to strangers
Passports and company files emailed to parties nobody has verified.
Introductions with no record
When a broker is bypassed, there's rarely proof of who introduced whom.
Packages the bank sends back
Missing terms mean another round of questions — and weeks lost.
The real work before the bank
- 01Coordinateexporter, importer, forwarder, insurer, inspector, banks
- 02Check the documentsagainst the credit, UCP 600 and ISBP
- 03Build the KYC & credit filenot in email and spreadsheets
- 04Make it bank-legibleeven for SMEs and first-time corridors
- 05Beat the calendarbefore working-capital timing kills the shipment
We make that stage clean, verifiable and bank-ready — so the financing can actually be arranged in time.
Eight steps, in order. The server enforces them.
Each side moves through its own agreements and verification at its own pace. Both sides meet at the term sheet.
Example deal DLX-017842 · now at Bank package
- 01
NCNDA
Each party signs confidentiality with DEALEXUS before seeing deal data.
- 02
KYC / CIS
Documents go to our compliance team. Never to the counterparty.
- 03
DOA
Each side executes its deed of agreement.
- 04
IMFPA
The fee agreement is signed and its schedule fixed.
- 05
Term sheet
Instrument terms are drafted and acknowledged by every party.
- 06
Bank package
A complete, versioned submission for the issuing bank.
- 07 · in development
SWIFT
Transmission of the MT760 / MT700 message.
- 08 · in development
Closed
The deal and its full audit trail are on record.
Marketplace
Find the other side without showing your hand.
List an open seat on your deal. Strangers see what it is, not who you are.
- 01
List the seat
Once you have signed your NCNDA, offer the counterparty's seat — principal, broker or mandate — and state what it earns.
- 02
They unlock, under an undertaking
To see more than the card, a party signs a confidentiality undertaking for that listing. Each unlock is counted.
- 03
You choose who joins
Applicants state their basis. You pick one; DEALEXUS can veto. They join at step 1, the NCNDA, and the introduction goes on the record.
Sample listingOpen · 30 days
USD 10m – 25m
SBLC · MT760 · Middle East · Commodities · Goods
1,000 MT copper cathode, LME Grade A
Seat on offerReceiver broker4,500 bp of the 1% pool · owed by that side's principal
DEALEXUS record
- NCNDA executed
- KYC pack reviewed by compliance
- Underlying contract on file
- Sanctions screening — not run automatically
No name, no exact amount, no deal number.
- An amount band, never the figure. A region unless you choose to show the country.
- No publisher, no deal number, no live count. Nothing on the card links two listings to one desk.
- Principals stay anonymous to each other until the deal reaches the bank stage.
Argus reads the paper and cites what it finds.
Drop in a draft instrument, a bank letter or a contract. Argus returns findings you can check line by line — and says plainly when a document isn't something it can give an opinion on.
More on ArgusStructure
Are the fields this message type requires actually there, and well formed?
Identifiers
Do the banks, codes and amounts on the face check out?
Known fraud patterns
Does the wording match typologies seen in advance-fee and fake-instrument schemes?
Screening is advisory. Every compliance decision stays with a person. Sample run shown.
One broken process. Four different bills.
$2.5 trillion of a $9.7 trillion market never trades. Every seat pays for that differently — pick yours.
Select your seat
You own the deal — and you're wiring money against paper you didn't produce.
- You can't verify the instrument until your bank refuses it.Argus screens every document before it moves, and cites what it finds.
- The other side's passports land in your inbox.Your file stops at DEALEXUS. The counterparty only sees that you're verified.
- Your terms get written for you.On the receiving side, you state your own terms.
- The package comes back weeks later.The bank gets one complete instruction sheet.
- You shop the deal around on WhatsApp.List the seat anonymously and choose who joins.
DEALEXUS is the neutral desk in the middle, not a party to your trade. It holds no client funds and operates no escrow. Your bank issues the instrument.
You made the introduction. You should still be on the deal when it closes.
- You introduce two sides and get cut out.Who introduced whom, into which seat, and when — timestamped and hash-chained.
- The fee was agreed on a call.Your fee agreement is signed and locked at step 4.
- Names travel before anyone has signed.Across the barrier a seat shows its role and status, not its name.
- You chase versions across WhatsApp.Your commission book reads from the ledger, deal by deal.
- Finding the other broker means showing your deal.Advertise the seat; your identity stays off the card.
Pool: 1% of face value, split 45/45/5/5 by default. Payable by the principal on that side and disbursed by the issuing bank. DEALEXUS records the entitlement — it holds no client funds, operates no escrow and does not act as paymaster.
You act for a principal. Your authority should be more than a letter nobody checks.
- Your letter's expiry is tracked by nobody.Compliance records its scope and expiry as data.
- You're the easiest seat to remove quietly.Your appointment sits on the deal's hash-chained record.
- You see less of the deal than either side.Your fee agreement covers your side — and you can appoint it.
- Your principal's counterparty is a phone book away.List the seat and pick from applicants who state their basis.
Mandate leg: 5% of the pool by default. Payable by the principal on that side and disbursed by the issuing bank. DEALEXUS records it and holds no client funds.
You're not our customer. You're the desk the whole file has to satisfy.
- Applications arrive incomplete and out of sequence.One versioned package that says which copy it is.
- You spend the week asking for what's missing.A certification checked against the record — unmet claims print as NOT SATISFIED.
- Agreements are "attached" but not there.Executed agreements enclosed exactly as signed.
- You draft from guesswork.A draft instruction schedule: rules, drawing conditions, every field.
Screening is advisory and never replaces your own credit and compliance decision. KYC files are not enclosed — they stay in encrypted storage, released to compliance on request. Your bank drafts and issues the instrument.
“Your counterparty never sees your documents — only that you have been verified.”
The information barrier is enforced in the database, not just hidden in the screen. Every document access and every step is written to an audit trail that can't be edited — including who introduced whom, into which seat, and when.
Pricing by seat, not by deal.
Founding pricing for the first 50 desks, locked for 12 months. Annual plans include two months free.
2 months free
Access Pro
Busy brokers and mandates
$299/ month
Annual: $2,990 / year
Argus credits a month375
- Everything in Access
- Room for heavier screening
Deal Desk
Principals
$1,000/ month
Founding: $500 / month
Argus credits a month750
- 4 bank submission packages a month
- Originate deals as principal
Institution
Banks and large desks
Custom
Invoiced annually
Argus credits a monthUnlimited
- Unlimited bank packages
- Expert sessions by arrangement
Questions people ask first.
Does DEALEXUS hold or pay out commission?
No. The principal on each side owes the commission and the issuing bank disburses it. DEALEXUS holds no client funds and is not a licensed money-services business.
Will my counterparty see my passport or company documents?
No. Only our compliance team reviews them. Your counterparty sees that you have been verified.
Does a clean Argus report mean the instrument is genuine?
No. Argus is advisory. It surfaces what it can check and cites it; the decision stays with your compliance team and the bank.
Do I need a broker to use it?
No. Two principals can run a deal directly. Brokers and mandates are optional on either side.
Who can see my Marketplace listing?
Anyone signed in sees the card: instrument, amount band, region, sector and the seat on offer. Nothing names you or the deal. More detail is shown only to a party who signs a confidentiality undertaking for that listing.
Can someone use a listing to go around me?
Nothing can make that impossible. What DEALEXUS keeps is the record: who unlocked, under which undertaking, who applied, and — once you accept — who introduced whom into which seat, append-only and hash-chained.
Bring one deal. We'll screen it with you.
Fifteen minutes with a person who knows trade finance. If it isn't a fit, we'll say so.