Payment Policy
1. Introduction
This Payment Policy outlines the terms and conditions governing all financial transactions with Sky Digital Minerals AI. It applies to all buyers and sellers engaging in the purchase or sale of mineral resources through our company.
All payments are subject to agreed contractual terms, regulatory requirements, and transaction-specific conditions.
2. Nature of Transactions
Sky Digital Minerals AI operates on a case-by-case transaction model. As such:
Prices are not fixed or publicly listed
All transactions are negotiated individually
Payment terms are determined based on specific deal parameters
These parameters may include resource type, quality, quantity, certification requirements, delivery terms, and timelines.
3. Payment Terms
Payment terms will be clearly defined and agreed upon before any transaction is executed. These may include:
Advance payment (full or partial)
Milestone-based payments
Payment upon delivery or verification
All terms will be documented in a formal agreement between the parties involved.
4. Accepted Payment Methods
Accepted payment methods may include, but are not limited to:
Bank transfers (local and international)
Approved financial instruments as agreed during negotiation
All payment channels must comply with applicable financial regulations and verification procedures.
5. Currency
Transactions may be conducted in agreed currencies depending on the nature of the deal, international trade requirements, and mutual agreement between parties.
6. Payment Verification
All payments are subject to verification before processing, release of goods, or continuation of any transaction stage.
Sky Digital Minerals AI reserves the right to:
Request proof of funds
Conduct due diligence checks
Delay or suspend transactions pending verification
7. Compliance and Financial Regulations
All payments must comply with:
Anti-Money Laundering (AML) regulations
Know Your Customer (KYC) requirements
Applicable banking and international trade laws
We reserve the right to refuse or terminate any transaction that does not meet compliance standards.
8. Non-Refundable Payments
Unless otherwise stated in a formal agreement:
Payments made may be non-refundable once a transaction has commenced
Costs incurred in sourcing, logistics, or compliance may not be recoverable
Refund terms, if applicable, will be clearly outlined in the transaction agreement.
9. Transaction Failure or Delay
Sky Digital Minerals AI shall not be held responsible for delays or failures caused by:
Banking or financial institution issues
Regulatory restrictions
Incomplete or incorrect payment information
External factors beyond our control
10. Dispute Resolution
Any payment-related disputes shall be addressed in accordance with the terms outlined in the governing transaction agreement.
We encourage all parties to communicate promptly to resolve issues efficiently.
11. Amendments
This Payment Policy may be updated from time to time. Continued engagement with our services constitutes acceptance of any updates.
12. Contact Information
For all payment-related inquiries, please contact:
Email: groupchairman@skydigitalminerals.com
Email: mkwahab@skydigitalminerals.com