How do I buy?
As an approved and registered buyer at www.m2mauction.eu, you can plan your future participation in auctions and create favourites, which the system automatically informs you of before the auction is launched. You can view and plan the future auctions you want to bid in through the overview and filter feature.
How do I sell?
As an approved and registered seller, you can create an auction by logging into the system and clicking on the “auctions” page in the left menu. Here you can create your auction at the top of the page.
IMPORTANT
Once you have created your auction, you cannot edit or delete this. If you have changes or have made a typing error that means that it is not physically possible to deliver the quantity you have requested, please contact M2M immediately.
How do I pay?
As a buyer, you will receive a pre-invoice for your total estimated purchase after a successful auction.
As soon as we at M2M have received the actual collected amount and the analysis data, we calculate the final price and send, on the seller's behalf, the final specified invoice in euro to the buyer, and a copy to the seller. We do this twice a week.
The buyer pays the invoice by bank transfer (immediate payment), so the invoice will be paid into the seller's account the following day.
How do I collect?
As a buyer, you are responsible for collection with an approved tanker with a calibrated and sealed gauge and sampling for the standard sample glass. After tanking, you will need a print-out of the tank quantity, which will need to be forwarded to the seller.
During tanking, samples are taken for analysis. Sample glasses and identification labels are provided.
How is the purchase or sale calculated?
M2M calculates the final price on the actual amount collected by the buyer (in litres) and the analysis of the current collection. See the calculation here.