●How it works · plain English
How a deal moves
through DEALEXUS.
DEALEXUS is the verified pre-bank deal desk that runs a cross-border trade-finance deal from first
contact to bank submission — brokers and mandates get credibility and commission protection, principals
get verified counterparties and a bank-ready deal. As the neutral intermediary, it runs every deal through
the same eight-step sequence — no step skipped, no party exposed early. Here's what each step does and why
it protects you, without the jargon.
The eight steps
NCNDA → KYC → DOA → IMFPA → Term → Bank → SWIFT → Closed
STEP 01
NCNDA
Non-circumvention NDA
Before any deal detail is shared, every party signs one mutual non-circumvention NDA. This is what stops anyone being cut out of their own deal — the platform's core promise.
Live
STEP 02
KYC / CIS
Identity verification
Each party is verified. DEALEXUS holds the documents in a segregated store — the counterparty only ever sees a "verified" status, never your papers. Both sides are checked at once.
Live
STEP 03
The authority and agreement documents are generated and signed, putting who-does-what on the record before money is discussed.
Live
STEP 04
IMFPA
Fee-protection agreement
Your commission is locked in a signed IMFPA before the deal moves. You keep 100% of whatever you agreed — it can't be renegotiated or stripped out later.
Live
STEP 05
Term Sheet
Commercial terms
The commercial terms — amount, tenor, instrument, conditions — are configured and signed by all sides.
Live
STEP 06
Bank Package
Bank submission package
DEALEXUS assembles the instrument package in the exact format the issuing bank expects — the difference between a package that's accepted and one that bounces.
Live
STEP 07
SWIFT
Instrument transmission
The instrument — SBLC (MT760), Documentary LC (MT700) or MT103 — is transmitted through the banking partner. Transmission goes live with our banking partner in a later phase.
In development
STEP 08
Funds move and commissions release from escrow to every party per the split locked at step 4. Real settlement is gated on paymaster licensing and ships in a later phase.
In development
Who's involved
One deal, up to seven parties
Principal A · Sender
The party issuing or sending the instrument. Their KYC stays with DEALEXUS — the other side sees only a verified status.
Principal B · Receiver
The receiving party. No SWIFT message is sent until every earlier step is complete and signed.
Sender / Receiver Broker
The brokers who originate and place the deal. Their commission is locked in the IMFPA at step 4 — 45% each of the fee pool by default.
Mandate A / B
The appointed mandates acting for each principal. Their appointment and 5% fee are on the record from origination.
DEALEXUS · Paymaster
The neutral intermediary. Holds confidential KYC, enforces the sequence and protects commissions. Acting as paymaster at settlement is MVP2 — DEALEXUS does not move funds today.
Compliance officer
Reviews the per-deal KYC/CIS documents and approves the compliance gate before the deal can progress.
The default commission split is 45 / 45 / 5 / 5 — sender broker / receiver broker / sender mandate / receiver mandate — locked in the IMFPA at step 4. Automated release from neutral escrow at close is MVP2 and not yet available.
Live today vs coming next
Honest about what's built
● Live now — MVP1
Steps 1–6 run today: NCNDA, KYC/CIS, DOA, IMFPA, Term Sheet and the bank submission package. You can originate a deal, invite every party, protect commissions and produce a bank-ready package now.
◐ In development — MVP2
Steps 7–8 — SWIFT transmission and real escrow settlement — are in development and gated on banking-partner and paymaster licensing. DEALEXUS structures deals; it does not yet move funds.
See it on a real deal
Walk through the terminal with a real person — 15 minutes, no sales script. If it isn't a fit, we'll say so.