Abstract: A method and system for bulk selling and banking a volume of fuel is provided, the method comprising the steps of selling a volume of fuel from a fuel selling location; creating a banking record of the sale; receiving the banking record at a fuel dispensing location, affiliated with the fuel selling location, and a request to dispense a portion of the volume purchased, which is less than the volume purchased; dispensing the requested portion; and, amending the banking record to reflect the remaining volume of sold fuel available for further dispensing. The banking record may include a measure of the volume of fuel available for dispensing and authentication information, such as purchaser identification information, transaction number, authentication code and combinations thereof. A method of verifying the received banking record is also provided.