MDF PLYWOOD customers do not want to pay the deposit and are worried that the advance payment will be swept away?
For exporters, it is a normal operation to require MDF PLYWOOD customers to prepay a certain proportion of the payment for goods as a deposit, which is also a relatively safe transaction method. But MDF PLYWOOD customers are worried about the security of the advance payment, what should they do?
There are not a few foreign traders who have this problem, especially the new MDF PLYWOOD customers who have cooperated for the first time. They have not yet established basic trust with each other. In order to achieve cooperation, I think we can take the following actions:
① Show your strength. It is the best way to show the photos of your office environment, factory and workshop to the other party. Live video broadcast is the best way to reassure the other party;
② Change the payment method to the letter of credit transaction;
③ Make your company’s corporate credit report and give the other party an English version, especially for MDF PLYWOOD customers in Europe and the United States; Strong enterprises can also show their own patents, various certifications, etc;
④ Let MDF PLYWOOD customers visit in person, find a third party to inspect the factory, conduct on-site due diligence, etc;
⑤ Finally, we have no choice but to sign the bill. We can consider other payment methods, such as DP, OA, etc., but we must do a good job in risk prevention. We can do a back talk or credit investigation for MDF PLYWOOD customers.
