Verify Overseas Buyers Before You Accept an Export Order
Verify Overseas Buyers Before You Accept an Export Order An overseas inquiry can be exciting, especially when the buyer appears ready to place a large order. But before accepting the opportunity, exporters should verify the company, the contact person, the commercial logic of the request, and the proposed payment terms. 1. Confirm the Company Exists Review the business website, address, telephone number, registration details where available, and online business presence. Check whether the company name is used consistently across its website, email domain, documents, and professional profiles. 2. Check What the Company Actually Does Does the business import, distribute, manufacture, retail, or use products related to yours? A legitimate company can still be the wrong buyer. Confirm that its market position and product range make the inquiry commercially plausible. 3. Verify the Contact Person Make sure the person contac...