Note: Export to Kenya, Uganda, beware of these trade fraud routines!

Recently, the Economic and Commercial Office of the Chinese Embassy in Kenya has received many letters from domestic import and export companies, claiming that trade fraud has occurred in exporting business with companies such as Kenya and Uganda, resulting in the detention of goods in Mombasa, Kenya, resulting in high port charges. , or the goods were taken away but the payment was not paid, and the company suffered heavy losses.

The recent cases are summarized as follows, once again reminding exporting companies to guard against trade fraud.

Domestic Company A and Kenya B Company signed a sales contract for agrochemical products and designated CITIC Insurance. Company A sent the three-ticket goods to the port of Mombasa designated by Company B (the consignee of the goods was in Uganda), and handed over the full original documents of the first ticket to the Ugandan Bank designated by Company B through bank collection. However, when the payment has expired, Company B neither pays nor picks up the goods.

Company A asks the other bank to return the full set of documents through the billing bank, but the bill of lading returned by the other bank is a color print, not the original bill of lading. When Company A contacted Company B through the method provided by CITIC, Company B did not sign a contract with Company A. Therefore, Company A determined that someone had impersonated Company B and signed a contract with it.

The domestic company A communicates with the Internet of a well-known B company in Switzerland, and the company B sends an inquiry to the company A and reports the details of the headquarters. Company A reported to the domestic local export credit insurance company for approval, and finally signed two batches of export contracts with Company B, and sent two batches of goods to the Swiss headquarters and a Kenyan company.

Company A is underwritten by the export credit insurance company for OA 60 days, and the bill of lading is directly mailed to the contact person of Company B. After receiving the bill of lading, the Swiss company said that the two shipments were not determined by them, and it was suspected that they were pretending to be fraudulent, and that the Kenyan company had no relationship with it.