Settlement convention: payment clears on QC pass at the hub, not on dispatch from origin.
What does "paid on QC pass" mean?
The buyer's invoice is issued at the moment the consignment passes Rotterdam QC — weight, grade, cold-chain in spec. Net-30 terms run from that moment. The coop's EUR payout is also keyed to QC pass: SWIFT lands within 72 hours, regardless of when the buyer pays Importable.
Why does this matter?
Conventional EU→UK trade typically settles on dispatch or BOL acceptance, which transfers QC risk to the buyer. QC-on-pass keeps risk with Importable through the hub and pays the coop without making them wait for the buyer's Net-30. Both ends benefit; Importable absorbs the float.
What if QC fails?
A 15-minute repair window opens — Importable proposes options (re-source from hub stock, rebate, reject) to both sides simultaneously. Outcomes are logged as artefact #14 (dispute log) in the pack. Repeated failures move the corridor to "feasibility" status until resolved.
How is QC pass signed?
The QC inspector signs artefacts 11–16 with their per-inspector Ed25519 key. The hub master key then signs the assembled Merkle root. Both keys are in the public sign-key registry (verify.importable.io/keys).