asked about General

over 7 years ago

Why should i provide my transaction pin to car dealer?

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Cathline

Providing the Transaction PIN to the motor dealer/ESA signifies the owner’s consent to and authorisation of the transfer of vehicle registration. With only the Transaction PIN, the ESA can immediately transfer the vehicle registration. Hence, it is important for the registered owner to keep the Transaction PIN confidential and not divulge it to anyone (including the motor dealer or ESA) until the registered owner is ready to effect the transfer of vehicle registration.

1. Duly completed and signed transfer form (with company stamp, if the vehicle is company-registered)

2. Identification documents of the registered owner and buyer for verification by the ESA.

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over 7 years ago