Two-Party Exchange

For IRS ExSTARS reporting

What is a Two-Party Exchange?

• Inventory Owners can designate a Supplier as the legal owner of their product for IRS ExSTARS reporting.
• Inventory Owners turn on Two-Party Exchange in the Supplier Authorizations, and the Supplier can accept or reject in My Authorizations.
• The Inventory Owner is charged a fee for the Two-Party Exchange service.  This can be turned off at any time.

How does an Inventory Owner manage a Two-Party Exchange?

1. Swift Home Page > Loading > Supplier Authorizations
2. Filter for Supplier Authorizations using the left-hand panel
   1. Use the Exchange Prop filter in the upper-right Filters dropdown if needed for exchanges Turned On, Turned Off, or Pending Acceptance
3. View Supplier Authorizations
4. Click Turn On or Turn Off Two-Party Exchange on the authorization
5. Confirm
6. A notification in Swift is sent to the Supplier. The Supplier must accept the request for the Two-Party Exchange to turn on. 
   1. If the Supplier accepts the Two-Party Exchange there are only fees to the Inventory Owner when the Supplier pulls fuel.
   2. If the Supplier rejects the Two-Party Exchange request, there are no fees to the Inventory Owner.

How does a Supplier accept or reject a Two-Party Exchange?

There are two ways to view Two-Party Exchange requests:

1. Notifications (upper right-hand corner bell icon)
   1. Notifications for new Two-Party Exchange requests listed include the sender, product, and request location.
   2. Click on the request notification OR
2. Swift Home Page > Loading > My Authorizations
   1. Filter for authorizations using the left-hand panel
      1. Use the Exchange filter in the upper-right Filters dropdown if needed for exchanges Turned On, Turned Off, or Pending Acceptance
3. Review the Two-Party Exchange request details
4. Exchanges in Pending status are available to Accept or Reject
5. Confirm