The exchange will continue to open new warehouses across the country to the convenience of its Clients and Members.
Transport Service Provision
Facilitating transport service provision to those Clients & Members who don’t have transport by those who have through credit and debt synchronization.
By collaborating with Registered Transport Associations and Cooperatives.
Re-bagging Service Provision.
The Exchange shall outsource the service of Re-bagging to a third party.
The Exchange shall have standardized bagging requirements as specified in the contracts; for instance it will be a requirement for all commodities to be packed in clean and sound 50 kg bags.
All Depositors shall be expected to bring their commodities in good quality bags not used more than once prior to deposits.
Depositors who will bring bags that will not meet the requirements of the Exchange, the Exchange will help the Depositor on re-bagging at a fee agreed between the Depositor and the Service Provider.
Commodity sampling and grading
All commodities shall be sampled and graded before being accepted by the Exchange’s warehouses. Sampling will be in line with the Exchange’s requirements as indicated in those specific contracts.
The Exchange will charge a handling fee of K4000 per Deposit and storage fee of K30 per M/t per day.
After sampling Grading will follow; this will also be in line with the specifications stipulated in respective contracts. For example grades will be based on parameters like, Impurities, Moisture, Broken kernels, Foreign Matters and others.
After Sampling and Grading the Depositor in unanimity with the W/House Supervisor and the Grading specialist will confirm and acknowledge the assigned Grades by signing the Grade Sheet.
If the Depositor does not accept the Grading and Sampling Results he/she may appeal in order to have his commodity reassessed and re-graded.
After all these processes the information will then be entered into the system.
Choosing a member
There may be cases where some Clients may not have Members through which they can Trade on the platform. The Exchange shall provide information to all the Clients regarding the same. All warehouses shall have all registered Members for the good of the Clients.