Detect and Prevent the Import Business Fraud - Secure your imports!

Recently, we got a news that an Europe importer paid a Chinese supplier US$50,000 deposit for 5 containers stainless steel plates, but afterward they got nothing and the supplier disappeared!

Sometimes a supplier may ask you for a deposit (usually 10-30%) before he accepts the order. 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 any deposit. 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.  

Selecting the right vendor is one of the most essential factors for successful sourcing. It’s very important to learn the factory’s legal status, capacity and quality control process before you placed an order to a new supplier.

QIA factory audit and inspecton service is helping you to minimize the unpleasant surprises and unexpected defective products. Compared to the huge lost, to spend inspection cost at US$280 per man-day is more than worthy!