10 Tips for safe trading ;\%R1W;{#o
Verify the Identity of Supplier/Buyer
)x(w5c4s-H2Y!I&C8r7abusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessAlways confirm if the address, phone number and email address given to you by your trading partner belongs to the same company. If a trader provides inconsistent contact details, for example an address in the India and phone number from another country, we recommend you look up the address in the local phone directory and obtain the local phone number, and call this number to confirm that the person you are in touch with actually works for the company. Similarly, if a partner\'s email heading states that they work for a certain company, you should verify this. Be aware that some scam artists could alter their return email address heading to make it look like they work for a company that they don´t.
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!x:q;I8a;r-?1V[A Professional Business Forum]Check the Partner´s Background
0l&N6y3@2d*\FOB Business ForumBackground checks from independent third-party sources include a search for legal registration and credit reports. In many countries the existence of a company and its legal status is a matter of public record. Check with the companies registry in the partner\'s country to ensure that the company exists with a valid registration. If you cannot have independent access to your partner\'s registration information, ask your partner to provide you with a Certificate of Good Standing issued by the companies registry of his country or state/province. You can also gain further knowledge about your partner by ordering a credit history report from a local credit agency. Credit history reports contain information about the partner\'s business history in their relationships with banks and other trading partners. Go to contact credit agencies which can provide credit history reports.
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!?4r!y4d;V%}FOB Business ForumA personal meeting'k'|(i(E)f4F'~7V
Whenever possible, meet your business partner in person and visit his company\'s facilities. While the internet offers you a wealth of information on your potential partner which enables you to make an initial assessment, there is no substitute for face-to-face contact.
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Protect Yourself When Ordering or Providing Samples
4W0k!C*G3z-w(s!z7Y1lbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessAs a buyer, order a sample before committing to a purchase order to be sure that the product meets your expectations. As a seller, request payment for a sample and/or payment for shipping costs before you send out the sample, especially if your product has a high resale value.
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"b!M.w*R"f-pFOB Business ForumPre-Shipment Inspection Servicesforum.fobshanghai.com6p'R.f'y5B
If you are a buyer, you can protect yourself against poor quality by ordering a pre-shipment inspection of the products. You can demand the inspection as a condition to payment.FOB Business Forum0n#Q4E&g5}

4D&J1t/?/F4S/o&E[A Professional Business Forum]Protect Yourself Against Payment Risk-You Are the Buyer
7Z6P$R$`%[,WIf you are a buyer, sometimes a supplier may ask you for a deposit before he accepts the order. While this is not unusual between long-standing trading partners, if you are doing business with the supplier for the first time, make sure you have done sufficient background checks on the supplier before you agree to the deposit, or ask for a different form of payment, such as a letter of credit. If the seller seems more focused on payment than any other issue, or indicates that cash payment must be made urgently, more caution should be given to the transaction. Be extra cautious when the seller asks you to send money to an account whose real owner cannot be traced; for example, you cannot trace the real name of the person behind an account with a wiring service such as Western Union.
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Tips When Receiving Payment as a Seller
7s5w2B)B:~(Z6|#Jbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessIf you are a seller and have not been doing business with your partner for very long, avoid selling your products on open-account (in which case you are extending credit to your buyer). Instead ask your buyer to open a letter of credit (L/C).
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Tips When Make Payment As a Buyer
8{(~;H.] c,j5~If you are a buyer, sometimes a supplier may ask you for a deposit (generally 30%) before he accepts the order. While this is not unusual between long-standing trading partners, if you are doing business with the supplier for the first time, make sure you have done enough background checks on the supplier before you agree to the deposit, or ask for a different form of payment, such as a letter of credit. If the seller seems more focused on payment than any other issue, or indicates that cash payment must be made urgently, more caution should be given to the transaction. Be extra cautious when the seller asks you to send money to an account whose real owner cannot be traced; for example, you cannot trace the real name of the person behind an account with a wiring service such as Western Union.business forum,trade forum,business opportunity,Business China,Business India,Brazil business3@%q5p9Y'h7f#s3W5@8x

7z![!a7h0nFOB Business ForumFake E-mail Addressesforum.fobshanghai.com3G2R5{9E%B
It is possible for anyone with some technical knowledge to send an email with a fake address. When you receive an email from someone you know or whose email address appears legitimate, but the message of the email looks suspicious, you can verify whether the email came from the person whom the sender claims to be by using a simple procedure to check the email address.

thank you very much£¡FOB Business Forum,a&a-}.a$d6^,O

!b+K+c(S8_*h#t+D9M[A Professional Business Forum]It's very helpfull£¡

Thank you for your useful tips ,i will always keep them in mind and i'm sure they secure my foreign trade.thanks again for you kind help ,i will appreciate if you could give me some tips for how to improve the export ammount .thank you !forum.fobshanghai.com9r/\/U,g9W*|/?3]$c

5@#C+f-y._2rbusiness forum,trade forum,business opportunity,Business China,Business India,Brazil businessi do shoes trade ,if anyone in the same line ,we can make friends****&U'Q5D6r4T
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[ Last edited by  peter-jetstar at 2006-11-8 13:15 ]

you are postive person,thanks for your advice in advance ,althought i have something wrong in foriegn trade ,but i will be in mind the suggestion.

thanks!you tell us truth!we will remenber your words!

every body in the earth know the above memtioned words. in fact ,however you are care for that , you still are danger to be cheated. i think experince is best teacher but not on the paper

It is better when you have something in mind.
6T7T0h8x9p9j[A Professional Business Forum]Principle is just guideline.

thank you very much.Has the help very much to us

THANKS . i think it is very useful for us

tks, sometimes we know this, but cheating just can not be avoid.

Thanks . Got it .

Thanks, but easy said than done

to check the company's background is really not easy...FOB Business Forum.{4M'c0z7]0p#O3|
even MG Rover, the 101 year old company went bankruptcy...[A Professional Business Forum]2D0i0?(L6F
really shocking ~

hello.everybody ,i am a new comer of international trade ,business forum,trade forum,business opportunity,Business China,Business India,Brazil business6l&q)a0[.t
after reading the passage .....7[$j6}+{;[1z
i feel confused,really like this ,i wandered ,walking this road is right or wrong ,FOB Business Forum6z0x4\9`%p+n3f/s2P/g
the world outside is so different from my schoolFOB Business Forum;Q'D*O8B6\1t)a
i feel .....3g"O(y0{)o/R4_0S
though,my major is international trade ,but it's hard to walk on ,i've no experience and i am
1I;~"P0w P5N6N/A2D:MFOB Business Forumnot brave and independent enough...

Every way has ite own roughness and happiness.
/m%C;m;s5U/d3k1t[A Professional Business Forum]Try to learn and adjust yourself.