10 tips to import safely

If you contact with a supplier by email or phone for the first time and sure you have no deal with that supplier before but only you have a site of his company and a contact person.

 How to be sure if the Exporter Company or factory is already exist!

1-    If you get the company of supplier “exporter” from a site provides online trade like alibaba, don’t give all trust even for the golden suppliers!

2-    Ask a friend,

If you have a friend in the exporter country you can give him all information related to the exporter company and ask him to check there if it was real

2-    Check the chamber of commerce in your country to know if the company of exporter is registered or not.

3-    Ask your embassy in the exporter country to provide you with any information concern the exporter company.

4-    There are an insurance corporations in your country , choose one and give them the information you have about the supplier company , and ask them to insure the product you will export !

The insurance company will request from you to give them a little time to check!

They will check the information you gave to them by their branch in supplier’s “exporter” country.

And if the company exist and has a good reputation they will accept to ensure the product, here you will know that the supplier is real.

6-    You can also check the ministry of trade and industry in your country

What after of being you sure that the company is already exist and have a good reputation?

7-    You have to sign a contract with the supplier to save your rights, and the contract must be certified from the chamber of commerce in supplier’s country.

8-     You have to try to pay money by LC “letter of credit” and not using TT “Money transfer”.

9-    If you couldn’t Use LC and the supplier insist to get money through TT then it will be better to visit the country of supplier and pay money by yourself, also don’t go back until they load goods on board.

     If you can't visit supplier's country you have to make an inspection certificate and it must be an international and trusted like SGS or TUV....,  in this case the inspector will visit the supplier and check goods then send you back a certificate of inspection if the product is identical for specifications or not.

10- Make an insurance policy by asking the supplier to give you the price CIF, or you can issue it in your country if the price was FOB.