Verify Business
A lot of foreigner businessmen are always confused by the business registration of Chinese Companies, and find it really difficult verifying the business license of them. Hereafter are some tips that may help you prevent from fraud or scammers.
1. Check their contact information
In order to avoid being traced by law enforcement authorities, most scammers will not offer genuine registration information online. They will provide a false company address, telephone number and fax number or persuade buyers to contact them by mobile phone only. Check their company registration information by search engine to see if it is a real company.
2. Check their company registration number
Legal companies in China have to register with the Chinese government authorities and obtain a unique company registration number. If your business partner cannot offer you a unique company registration number, it is risky to deal with them. To check the registration number your supplier provided, you need to visit their local administrative government website with the number they provided. However, you should be aware that most government websites in China are in written Chinese. You can also contact their local Bureau of Industry & Commerce, which is the only government organization responsible for the registration of legitimate companies or enterprises in China. You can ask friends in China to help you verify this company. You can also use a third-party authentication service company in China to help you verify information.
3. Incredibly low prices
Most Chinese scammers will lure buyers with very low prices. If the prices they offer are too good to be true, you should investigate why their prices are so low. Most scammers in China make a profit by selling replicas or fakes of branded goods to overseas buyers. This is very risky because the goods will be confiscated or detained by Chinese customs if they are considered illegal in China.
4. Payment and shipment terms
The scammers never accept L/C as a term of payment. They prefer Western Union, and T/T etc. They also never deliver goods through formal channels; preferring instead to deliver samples Express by Fedex, TNT, EMS to avoid examinations from Chinese customs.
5. Warranty and after-sales services
Scammers never guarantee their quality and after-sales services after your payment. However, they may promise you a lot before payment.
China Orient Credit Information Services CO., Ltd is a professional and local supplier of credit reporting services in China; If you need more help or information regarding this issue, please feel free to contact us, and we will reply to you as soon as possible.
E-mail: steven(AT)orientcredit.com
Skype: ask.steven
Tel: 86-755-36921420
Fax: 86-755-61624269
P. R. China Official Business Registration No.: 440306104469452
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Posted by Sanya
on January 23, 2010 at 02:18:36:
Hi people. I just have registered a paypal account for myself yesterday but it is not yet verified. How do I go through the process of verification without having any problems?
Follow Ups:
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Re: How do I verify my Paypal account from Nigeria
Posted by Felix
on January 23, 2010 at 02:34:59:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
To verify you paypal account perhaps I would like to know what country you chose as your registration. If it the US, then you will need to verify it with a US bank account or apply for a Paypal plus card.
Posted by Sanya
on January 23, 2010 at 02:36:05:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
I used a US address and I signed up for it with my prepaid virtual credit card with $10 on it
Posted by Felix
on January 23, 2010 at 02:38:26:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
Why do you want to verify it. Verification is only necessary if you are sending above limits of say $500. If it's a personal account, you can still use the account and send money online.
Posted by Kayode Makinde
on January 23, 2010 at 02:39:33:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
I want to be recieving and sending with paypal account but I need to verify my account first. Is there any way I can open a bank account in the US from Nigeria?
Posted by Emmanuel Okey
on January 23, 2010 at 02:41:21:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
Paypal can be helpful to Nigerian online business but the main problem is that it excludes Nigeria and I don't know why we still want to get involved with them. There are better alternatives like Alertpay or Liberty reserve. Paypal is not a good business partner for Nigerian business
Posted by Ifeanyi Uche
on January 23, 2010 at 02:43:35:
In Reply to: How do I verify my Paypal account from Nigeria posted by
Sanya on January 23, 2010 at 02:18:36:
I think it is still possible to verify a paypal account from Nigeria, afterall, what you need is a US bank account which you can open from here. But the issue is with the starting deposit. You may need as much as $2000 to open a savings account with a bank in the US and what you need to do is to apply for it through a bank or agent in Nigeria or friend abroad