Trade with China
An example of risk and fraud prevention
Cyber fraud in international trade is ever-changing and the processes are sophisticated. In the course of global digitization, the international trade process is often very vulnerable to cyber fraud.
This is particularly due to the fact that the business partner abroad is not authentic, that internal compliance and risk control systems are overlooked and that knowledge of IT security is neglected. All this makes the situation of traders more difficult.
Therefore, it is important to be careful in the course of international trade. It is also advisable to contact experts, especially from the country of your business partner.
A Chinese professional will help you identify potential fraud risks, reduce the risk of fraud, mitigate losses, and assist with fraud recovery.
Due Diligence
We will help you collect all the necessary information and verify the authenticity of your business partner's company. This is done including the status of the responsible person to ensure that you are on the right track to enter into a business relationship from the start.
Verification of the payment document
By checking and verifying payment documents, it is possible to determine in a very direct and efficient way whether there is a potential risk or even fraud behind it. The cost of our expert in this regard is very transparent. We offer a flat fee for this service and will check within 24 hours.
Transport and logistics risk prevention
In some cases, the fraud is not purely through cybercrime, but through falsification of shipping documents. While the scammer asks for payment acceptance based on the forged documents, these forged documents can also be reported to the scammer's bank later as a foreign exchange process.
Our expertise in this area has specific knowledge and experience to help you identify the potential risk of reviewing and examining your shipping documents, although these documents are very often overlooked by merchants.
Advice and training on internal risk control and compliance regulations
Trade with China is constantly challenged. Not only through the influence of technology and cybercrime, but also in relation to certain characteristics of the Chinese market in particular.
Therefore, we offer services to international importers and exporters doing business with Chinese business partners. We train employees to help them build practical systems related to compliance and risk prevention, while also providing quick remedial alternatives.
