Foreign traders noticed, major risks prompted, another bank was pulled into the blacklist! (2)

Xiaobian online check, complaining about the posts in Bangladesh abound!

The list of Bangladeshi importers who have been complained more by Chinese companies are:

1. M/S FRIENDS FASHION

2. SDS INTERNATIONAL LTD.

3. AMICO APPARELS LTD.

4. ALPHA FASHION PVT LTD.

5. RAHIMA GARMENTS LTD.

6. MIKA APPARELS LTD.

7. SHIFA APPARELS (PVT) LTD.

8. M/S. MAYC’S GARMENTS LTD.

9. M/S HARVEST RICH LIMITED

10. GRAND APPARELS LTD.

11. M/S MRINMOY FASHION AND TRADE INT’L LTD.

12. M/S REU FASHION LTD.

The list of Bangladeshi exporters who have been complained by Chinese companies are:

1. KYSUN SULIAO INDUSTRIES LTD.

China's domestic companies came to us to write a complaint to Bangladesh KYSUN SULIAO INDUSTRIES LTD. Use fake documents to defraud the purchase price. After investigation, Meng and the Chinese company signed a supply contract based on the sight L/C with the Chinese company, and withdrew the documents to withdraw money from the bank. When the Chinese company recovers the payment, it delays or refuses the refund for reasons such as foreign exchange control. It has caused huge economic losses to Chinese companies. The company’s actions are suspected of fraud, and it is hereby reminded domestic import companies to take risks and avoid being deceived.

2. S.S. Enterprise

Chinese domestic companies complained to SS Enterprise in Bangladesh, 33/A Becharamdewri Road, Dhaka (company representative: Taslim Akter) received orders for quality samples, actually shipped as gravel sand, and evaded Bangladesh’s use of letters of credit for international trade The law requires that remittances be settled. The company's actions are suspected of fraud, especially reminding domestic companies to be vigilant, and must use the letter of credit to settle, to avoid being deceived.

Banks with better credit in Bangladesh have:

1. Primer Bank Ltd

2. Prime Bank Limited

3. One Bank Limited

4. Export Import Bank of Bangladesh Limited (EXIM BANK)

Banks with poor credit in Bangladesh have:

1. Islami Bank Bangladesh Limited

2. Social Investment Bank Limited