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Pay third parties through official banking channels.


CONTROL ID
08911
CONTROL TYPE
Business Processes
CLASSIFICATION
Preventive

SUPPORTING AND SUPPORTED CONTROLS




This Control directly supports the implied Control(s):
  • Establish, implement, and maintain a third party payment system., CC ID: 08903

There are no implementation support Controls.


SELECTED AUTHORITY DOCUMENTS COMPLIED WITH




  • Upstream companies should avoid cash purchases and any unavoidable cash purchases should have verifiable documentation and routed through official banking channels. (Supplement on Tin, Tantalum, and Tungsten Step 1: C.4(3), OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Second Edition)
  • Companies in the supply chain should make and receive gold payments through official banking channels. (Supplement on Gold Step 1: ยง I.C.3, OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas, Second Edition)