Foreign traders noticed, major risks prompted, another bank was pulled into the blacklist! (3)

3. Mutual Trust Bank Ltd.

4. National Bank Limited

5. Sonali Bank

6. Janata Bank

7. Basic Bank

8. Mercantile Bank Ltd.

9. Uttara Bank Ltd.

10. The Farmers Bank Limited

It is recommended that Chinese companies pay attention to the following points in their trade with Bangladesh:

1. Carefully choose partners. In the process of cooperation, we strongly reject any illegal and unreasonable demands from Bangladesh. For example, Meng importers require under-reporting prices to help them evade taxes and tax evasion; Meng exporters claim to lack funds to stock up and ask my importers Pay first.

2. Strengthen the awareness of risk control and strictly regulate their own trade behaviors. Each cooperation will strictly follow the formal procedures to sign contracts, and ask Meng to open an immediate letter of credit. After the delivery, arrange the order, even if the other party is a partner for many years. The above procedures are carried out in case the illegal businessmen can take the opportunity.

3. When Mengfang issues a certificate, it is necessary to first understand the creditworthiness of the issuing bank, select a bank with good credit and strong strength, and try not to accept the letter of credit issued by banks and branches with poor credit.

4. Strictly carry out the verification of the letter of credit to ensure that there are no soft terms. If the soft clause is found, it must be changed before delivery, especially the delivery date, so that it meets the requirements of the letter of credit. Even if the customer submits the acceptance of the discrepancies, it will not accept it and insist on the shipment after the change.

5. The goods under the letter of credit should be arranged for one delivery, and try to avoid batch delivery, so as to prevent the customer from delaying the redemption of the next batch of goods after the first order is picked up. Reduce prices.

6. When signing the contract, if possible, try to require the customer to have a certain proportion of advance payment. If the customer pays the advance payment, even if the document is inconsistent, it is relatively easy to solve, and it will not cause the customer to refuse the payment. .