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Anybody here do business with Uganda clients using international cheque?
Post 1 of 32
i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]
Award 10 MVPs ( What's this? )for the best answer.
23 Apr 2008 20:47
Post 2 of 32
Replying To  [Sourceunion]:

More than likely it will be forged.

Insist that they transfer the funds by TT to your account. Once the funds are safe in your account, then, and ONLY then send the goods.

24 Apr 2008 03:02
Post 3 of 32
promotif
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Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]


insist on cash or T/T transaction. or you'll not sleep well.[em11]
24 Apr 2008 06:09
Post 4 of 32
Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]


Never Do this, i had burned out once 2 year ago.
24 Apr 2008 20:02
Post 5 of 32
john saris
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Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]

 

If the Cheque will be issued by a bank  it will be safe 100 %.

If the Cheque will be a private cheque it will be a cheat,  thinking the country from which the cheque is comming.

24 Apr 2008 23:09
Post 6 of 32
Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]


An International cheque? The best way is L/C payments. There are a lot of international cheques floating around that are fraudulent. If this is the first time you are doing business, deal with bank to bank. Verify your client.
24 Apr 2008 23:13
Post 7 of 32
Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]



We suggest and even request that do not do business by this international cheque.

One of our friend have burn his fingers by this way. Uganda is not USA where evry one have internation cheque and it any party can provide international check they can also give TT.

 

Once you will receive the check thye will insist on delivery while your check will b ein banking sector process.

You will send stock then great,,,,,,,,,,,,,, after few weeks you will receive  notification from your banker that come to bank as you have deposited a fake cheque which was never issued from issueing bank and juts fraud and bluff.

 

Now bear an other problem of fake and fraund check as deposited in your bank, how ever be assured that check will never be encashed.

 

Game will between  check deposited and till return of check from Europe from bank who have that check to pay at the end.

If you have have delivered the stock then Uganda buyer will be dancing and if not till return then face to your authorities and banker for fake and fraud check.

 

Avoid and if buyer is serious and genuien then ask for TT or LC as confimirmed by international bank at site.

 

take care

Mian Tariq

 

25 Apr 2008 00:13
Post 8 of 32

Quoting from [Sourceunion]:



i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]

Ref to your question:

There is no term like cheque named Intrenational cheque.

If your buyer is genhuine, he can opt Term Buyer Credit with his bank

or even if he is adament on International Cheque, ask him to endorse the Cheque from its corresponding bank in USA with following caluse

""Good for payments USD ...(Full amount in words & fig..) on first presentation of this cheque at any bank in ....(Shipper Country name)....""

Otherwise it has no value other tahna piece of good paper



25 Apr 2008 03:34
Post 9 of 32
lizhiguangxueer
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Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]


In my point, you should not accept it.It is dangerous for sellers.
25 Apr 2008 18:01
Post 10 of 32
Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]



Be very careful because they forged checks from all over the world.

The way they get information to do these fake checks is when they want to buy something

abroad and ask for your complete account information including ABA number in order to

do a telegraphic transfer.

They do this every day and all day long and there are people like me that is trying to do business and give them the information. Then they start doing all kind of fake checks with the right account information.

Do not do any deal with this people, please.

25 Apr 2008 18:14
Post 11 of 32
Quoting from [Sourceunion]:


i have a client from Uganda, and he would like to give us the international cheque as payment, can we accept or not? Is it dangerous for sellers? Looking forwards your suggestions, thank you very much![em1]


I ever meet such client from Uganda want to pay  international check. I accept and said we prepare product after we change the check into cash. I waiting for two month and still not receive the check, and no end. I even call them and they said, check has send in 2 month.
25 Apr 2008 22:48
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