I would like to ask, how do most of you verify a company legitmacy? Like many of you, that look for supplier over the net (I know some aren't, pardon me
Actually, recently I've been dealing with a supplier that deals with MOQ of 100 units (well, 100 * 1000 USD). They accept L/C and escrow. Forget about escrow, but L/C should be of the safest amongst all other payment (well, please don't count fly and buy, we all know this is the safest, if u know what u are doing). They also gave me the registration number and I checked online that it is legimite.
The process is like this, ICPO, PI, L/C, sight inspection etc etc (the formal process that big order's do). Presumebly, this should be ok.
However, being a small buyer that cannot meet such MOQ, I manage to talk through and I am able to hv smaller orders. However, this method will result in T/T in advance, or thru their attorney using Escrow (he gave me a number to contact, which I havn't done so yet.)
They also give me a second option, that is they supply us with another factory but at a higher price (dont know how much higher), yet I think they will then accept L/C with this second option.
Note that both option are by production run.
My question is this, hving the registration number, that they accept L/C and escrow (for big order) and T/T or escrow in small order, how confident that we can trust this company? (Let's assume that the product are legitmite and not fake) Is there any other way for me to check them out? What also concerns me is that I saw on the forum there are just damn far too many FAKE escrows!!!
If anyone can provide me some suggestion would be greatly appreciated!
Thank you in advance~
PS: their prices are sensible and are "not too good to be true" for an order of 100 pieces. In addition, he's pretty professional and not like alot of fraudulent seller which I've been contacting quite frequently reasonly)But the website is from, say, yahoo (not actually yahoo, but u get the idea), which I know some of the people here uses and are legitmite.