Inspectiontank-storage-receipt
Tank Storage Receipt (TSR)
A terminal's receipt confirming product is held in a named tank for a title holder; routinely faked as 'proof of product'.
A Tank Storage Receipt (TSR) is issued by a storage terminal confirming a quantity of product is held in a specific tank for a named title holder. In legitimate trade a TSR is verifiable directly with the terminal. In scams a forged TSR is the centrepiece of a POP package, often paired with a fake dip-test and an "authorisation to verify" that conveniently never connects you to the terminal. Confirm a TSR with the terminal by phone, using contact details you sourced independently, not the ones the seller provided.
Related: POP, dip-test, Dutch procedure.
Frequently asked
- What does Tank Storage Receipt (TSR) mean in oil and commodity trading?
- A terminal's receipt confirming product is held in a named tank for a title holder; routinely faked as 'proof of product'.
- How do I check a counterparty that uses Tank Storage Receipt (TSR) in a deal?
- The term itself is not enough to clear or condemn a deal. What matters is the counterparty behind the pitch. Screen that name for free against 8 sanctions lists plus PEP and OilFlow's first-party cluster corpus in seconds, or order the full 7-step dossier for $25, and confirm identity documents and banking details independently before you transact.
See also