| For a supplier it is crucial to use our Escrow service when he doesn¡¦t know a new buyer. Escrow provides assurance that good funds are available before shipment. Once the buyer has accepted the products and indicates he is satisfied, the Supplier receives his payment.
AsianProducts provides this service to protect both supplier and buyer from unwanted fraud. Being a reputable company with many years of international trade, AsianProducts is making this service available to assist buyers and suppliers that want to do trade, but unsure about the transaction.
No more demanded deposits, no more un-delivered products, and no more non-payments. AsianProducts Escrow Service is secure, safe and provides assurance that should something go a-miss, rollback of the transaction is possible with full refund.
However, if you want to take the risk of doing direct business, we advice our suppliers against buyers that want to use open-accounts where the supplier extends credit to a buyer. Instead, ask your buyer for a Letter of Credit instead.
It is not uncommon for a supplier to ask his long standing trade partner for a 30% deposit. When doing business for the first time AsianProducts advises buyers to do sufficient background checks on the supplier before agreeing to any deposits.
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