AQD_ottawa
New member
As an importer myself, dealing with Europe-UK Singapore-Australia-China-Korea
THE biggest advise I can give anyone is "Never import in terms of financial value what you can not afford to lose"
In other words, if the ship sinks, the company goes down, the goods are not what they seem, it may be a nasty pill to swallow but you still have a company left to pick the pieces up with.
I am going through this exact process right now with a new product (no I will not tell the name) and we have secured a 50-50 contract, final payment on receipt of order. If the manufacturer will not do that then use Escrow they will act as the middle man until the goods are delivered.
Just some advise that might help others.
THE biggest advise I can give anyone is "Never import in terms of financial value what you can not afford to lose"
In other words, if the ship sinks, the company goes down, the goods are not what they seem, it may be a nasty pill to swallow but you still have a company left to pick the pieces up with.
I am going through this exact process right now with a new product (no I will not tell the name) and we have secured a 50-50 contract, final payment on receipt of order. If the manufacturer will not do that then use Escrow they will act as the middle man until the goods are delivered.
Just some advise that might help others.