I am in direct contact with a title holder. His process
normally takes a month. First of all you must fill out a CIS form.
The due diligence will take **7 working days. Once successful, you
will then be required to submit other necessary documents. His
price is higher than most but the product is there.
The reason for taking an entire week is ensure that the
buying company is real and aren't into any illegal activities such
as money laundering etc. This has become necessary as one bad apple
will spoil the entire bunch and cause them to loose their
clientèle. They supply majors and prices of fuel depends on the
market rate.(discounts under platt.)
This company only deals with end sellers and registered
mandate buyer. If you are a mandate you will have to send your
documents stating this. All information are to be filled out by
buyer.
Since they are title holders there isn't any seller’s mandate.
So any commission agreed on once they have the product will go to
the buyer’s side.
