Fine Metals is an established leader in proactive efforts to curb crime within the metal recycling sector and in addition to a zero tolerance policy on the trade of suspected stolen goods, the company has also adopted the following measures:
- All company yards are SAPS certified for “dealer” and “recycler” activities, in terms of the SHGA.
- The company is a long standing member of the Metal Recyclers Association of SA (MRA), which is a SAPS accredited organization.
- Metal valuation is determined by mass measurement via on-site certified scale equipment.
- Photographic records of physical transactions are retained for future reference.
- Registered entities selling scrap metal must provide proof of current SARS registration, valid tax invoices and bank details for receipt of EFT payments.
- Parties selling scrap metal arising from contracts with state utilities, are required to substantiate the authority governing any related scrap metal disposals.
- Other recycler / dealer suppliers must provide proof of SARS and SAPS registration.
- Consumer / foundries are screened for legislative compliance prior to the establishment of a trading account with the company.
- Individuals must present positive identification, address, telephone and vehicle registration details.
- Cash payments are restricted to a pre-determined maximum value, after which settlement defaults to EFT (or cheque) payment.
- The company is actively involved within SAPS regional second hand goods forum.