Prevention tips : pay attention to what when you doing business with Africans
- Author:Chally Xu
- Source:web page
- Release on:2014-11-10
1. client l/c of some small banks in Africa, we must request must go through a third country and credit Bank confirming (such as HSBC, Citibank, Standard Chartered Bank, etc), without confirming L/C are determined not to accept .
2. clients in local bank t/t by reason of large amounts of foreign exchange and did all requirements and you do D/P terms must not be promised
3. enthusiasm about China's African clients that they do not, in China typically charge them themselves, while politely declined their offer of asking for luxury goods and borrowing requirements. Don't worry about business can be done, as long as you are selling his products make him feel profitable, your business can be done.
4. alone in the Bank or money order before the successful collection, not shipments. In case after shipment of the goods found in the collection fails or when the ticket was forged, the exporting Party mired in passivity
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