Procedure
Our Procedure
– The buyer submits their Corporate Profile for Approval.
– Selection of delivery method (FOB or CIF to your Port).
– The signing of CI & completion of delivery and banking works.
Buyer Qualification Requirements & Criteria
All Buyer Applicants must meet the following criteria:
A proven multi-year track record in oil & commodity trading.
A proven ability to receive and transport the product upon delivery.
Sufficient available capital, or credit line, to purchase the product.
Banking at a reputable bank.
Holding import or trading licenses to receive or transport the product in/through/to any country or territory where this might be required.
In good standing.
Not selling the product to any party residing in, liaising with, or transporting to a location in, a country or territory under trade embargo by the United States of America, European Union, Hong Kong S.A.R. or the United Nations.
We take pride in assuring that buyers are fully vetted, and able to consummate a transaction with our validated Sellers. Our approach is to be engaged in every aspect of the buy/sell process to allow the sale and delivery of fuels in an efficient and expedited manner.
Buyer’s Due Diligence
Becoming a Qualified Buyer:
In order to become a Qualified Buyer, we will need to perform due diligence on the buyer’s company, its track record of successful transactions and its current financial ability to purchase. The procedure to become a registered Qualified Buyer is as follows:
The potential buyer download & fills the below form and sends a recent “Company Profile” to RAS Strategies General Trading.
Our sales team will make the first assessment and then we might request further information regarding the buyer’s company details, financial status, trading history, and product requirements.
Upon a positive review of the application, one of our sales managers will contact the buyer directly to discuss purchase requirements, product availability and sales procedures.
The buyer’s company will be registered as a Qualified Buyer and will receive our regular product offers via email.