Any buyer Bonsucro member can buy credits to support sustainable production, and many companies use credits to “offset” their non-certified supplies and reach their sustainable procurement targets. However, it is important to note that Bonsucro credits cannot be used to cover negative balances in the Mass Balance inventory, i.e. credits are completely separate from the CHoC mass balance system of the buyer.
Traders can trade on the new platform through the FBO Off-Market functionality ('For the Benefit Of'), where a trader/intermediary buys credits on behalf of an ultimate buyer. The ultimate buyer has to be a Bonsucro member and have an account activated on the platform.
The deal is negotiated Off-Market and, once agreed, the Trader/FBO needs to record it on the platform within 30 days, recording who the ultimate buyer is, the price agreed with the seller and the final price to the ultimate buyer. The seller and Bonsucro then need to confirm the details of the trade and, once that's happened, the FBO trader will manage the invoicing to the buyer and payment to the seller for the credits and to Bonsucro for the fee. Once the payment to the seller and Bonsucro are settled, the credits are released on the ultimate buyer account for claiming.
Traders cannot buy and re-sell credits through the new platform and they can only buy 'For the Benefit Of' as described above.