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


 

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