Dear Sir,
Regarding your question, there are no obligation for the customer if he pays CAD. only he signs a draft at the bank and that's it. but let's hope that you will not reach this stage. you can use a money insurance company like Cofas or others to investigate about the company you are dealing with. the worst scenario case is to sue the company and you will get your money back.
Anyway you have to star with L/Cs fisrt which is more secured way unless you would like to save banking charges ask for 30% in advance and 70% on copy of B/L..
hope that this helped you.
![[em2]](http://img.alibaba.com/images/eng/style/icon/emoticons_laugh.gif)
Joseph Doumit.
Allied Resourcing Company (Offshore) S.A.L.