A clear, structured view of the transaction stages used to coordinate bulk petroleum transactions.
Experienced Professional Petroleum PartnersThe Desiel Sellers Specialists transaction-flow
Seller / Seller's Representative advises storage capacity size and current petroleum stock held at hand.
Seller / Seller's Representative gives the indicative price excluding the Buyer's Facilitator's Commissions.
Buyer advises their commission expectations.
Seller / Seller's Representative provides the Title Stock Holder Company Name for behavioural vetting, including past performance, credibility, transparency and dependability.
Once the seller passes the behavioural vetting, the Buyer's Facilitators issue a Commitment Letter to commit to the purchase of stock from the seller.
Upon receipt of the Commitment Letter, the Seller / Seller's Representative provides the Buyer's Facilitators with the Stores Stock Account number for verification of stock at hand held by the Seller.
Once vetting of stock has been confirmed and passed, the parties agree on the final selling price per litre.
The Seller's Facilitators' commissions are borne by the Seller Title Holder separately. The Buyer's commission is handled according to the arrangement negotiated by the Buyer's Facilitators.
Once both parties agree on the selling price, the Buyer's mandate issues an ICPO for the orders required in order for Booking Codes to be issued and provides Proof of Funds.
The parties agree on the payment method and process.
TDS clients represented under a mandate prefer BOL deals. Where BOL slips are issued, BOL seals are issued and invoices are issued but shall only be paid upon verification of stock using the Booking Codes provided by the Seller.
Connect with TDS Group to discuss your diesel requirements, trading opportunity, or supply enquiry. Our structured process helps ensure clear communication, proper documentation and a smooth transaction from enquiry to completion.