Be vigilant! Common cases of fraud in foreign trade orders

Be vigilant! Common cases of fraud in foreign trade orders

If the payment method of foreign trade customers is the first 30% TT, the balance can be seen in a copy of the bill of lading, but how to deal with the final abandonment of foreign trade customers. When discussing the company’s usual practice, the manager said that a risky order would rather give up than take the risk of taking it. Understandably, sometimes an order can ruin a small foreign trade company.

With the rapid development of international trade, some illegal elements use Chinese enterprises’international trade experience and lack of information channels to defraud by various means, and the success from time to time has brought great harm and loss to our enterprises.

Xiaobian has sorted out several common types of international trade fraud here. I hope you will shine your eyes, see through the fraud and avoid losses.

Latent fraud

This kind of deception generally adopts the strategy of winning the trust of exporters with a few small orders, waiting for the opportunity to sign large contracts once the trust has been obtained, then biting hard and killing half of the people, and then starting to evaporate from the world and no messages have been heard. Some big frauds can even lurk for 1 to 2 years, tolerate dozens of small businesses, until the exporters have completely lost their vigilance, they carry out large-scale fraud plans, which are very hidden, difficult to detect fraud, and therefore harmful.

Case study:

A Zhejiang manufacturer met an African buyer at the exhibition and felt good. The African foreign trade customer began to make several small orders, and the payment was quite timely. After that, the order was steadily increased regularly, and the payment was still timely. During this period, the two sides made many visits to each other at the exhibition, and later visited each other’s companies and factories. Their feelings were very sincere.

Shortly afterwards, African foreign trade customers made a large order and asked for 30% TT on the grounds of difficult capital turnover and tight delivery time. The balance should be paid after the arrival of the goods.

Because of the large quantity of goods, suppliers have to supply together with a number of peers, but unfortunately, the goods arrived at their destination and there was no news.

Because of the huge losses, several factories jointly funded and hired international lawyers to visit the local area. They found that the goods had been sold to a large local foreign trade company. The African foreign trade company which had been in contact with Zhejiang manufacturers had been cancelled and the buildings were empty.

Deliberately find fault

Case study:

A foreign trade company ordered more than 50,000 yuan of bags in a factory. There are six styles, two of which require lengthening and broadening.

According to the agreement, the goods were delivered in two batches. The first three transactions went smoothly and received remittances from the United States. The latter three bags were in trouble. “Foreigners said that one of the bags required to be enlarged was made one centimeter smaller. But in the view of our colleagues, the error of this centimeter is completely within the normal range and can not be seen at all. Because the other party seized the “loophole” and refused to let go, the exporter felt that since he had been drilled into the loophole, he could only compromise and promised to return the wrong bag.

A few days later, the foreign trade company told the exporter that all three bags were willing to accept, but the wrong one required money deduction to compensate. But things changed again. A few days later, the foreign trade company said that only one of the two enlarged bags could be collected and the other one should be returned. The two sides were deadlocked, and the total payment of about 30,000 yuan was also delayed.

There is the responsibility of the foreign trade company in it. When looking for customers, the exporter must specify the specific details in the terms of the contract.


Case study:

In June this year, a foreign trade company ordered 120,000 yuan of goods from the factory. It was originally agreed that half of the goods would be paid before delivery, and the remaining month would be settled.

After delivery at the end of August, the other side said that only 20% of the payment could be made first, and eventually, somehow, 40,000 yuan was received. The balance has not yet been paid. Every time the salesman packed the ticket, he said that the company ordered more than 3 million yuan in the market, and it would not cheat the factory until the boss came back.

But unexpectedly, last week when the factory made another translation call, it turned out to be out of service and the company’s doors were closed.

Delays in domestic trade seem to have become commonplace. When inquiring about the reputation of foreign trade companies, most suppliers know that the payment is not easy to collect when dealing with domestic customers. Delays of more than three months are common, and contracts become a dead letter.

In addition to the factors of economic crisis, foreign trade companies and translators are also the direct leaders of arrears. Apparently, the foreign trade companies have taken advantage of the opportunity to divert liquidity, delay time and again, or maliciously trick, deduct points and depress prices, but the operators who are in arrears have no way to do so.

It is suggested that the payment time should be limited in the contract.

A good old man can’t do it.

The so-called “double contract” refers to the fact that some enterprises sign two sets of contracts with partners for the purpose of gaining profits. One is a normal contract, the other is a false contract that lowers the processing fee and falsely reports the processing fee when handling customs clearance formalities.

Another case is that the importer, in order to achieve the purpose of reducing tariffs, asks to sign two contracts, one of which is less than the actual transaction amount for customs declaration, and the other shows the real transaction amount.

For the processing fees involved in the declaration contract, the foreign party normally pays the foreign exchange. For the insufficient part of the foreign party, the foreign party will make up the foreign exchange by means of abnormal ways such as underground money banks or carrying cash out of the country, borrowing and employing social miscellaneous personnel, or in the name of foreign trade company employees. Once the funds are tight, they refuse to pay or default on the above deficiencies. At this time, due to suspected assistance in false customs declaration, the Chinese side often can not recover such arrears normally.

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