SUPPLIER BLACKLIST

Reytech Industry Co Limited Hong Kong

Reytech Industry Co Limited Hong Kong

Are you researching possibly doing business with Reytech Industry Co Limited Hong Kong from Hong Kong who sells Connectors? If so, you may want to read the below review of the experience of one buyer and their recommendation to consider when dealing with this company.

You can also find more searching options to learn more about Reytech Industry Co Limited Hong Kong on Supplier Blacklist and across the web.

Reytech Industry Co Limited Hong Kong

Buyer’s Nationality:
Switzerland

Seller:
Reytech Industry Co Limited Hong Kong

Seller Website:
www.online-chip.com

Seller Address:
25/F, Tower 2, Kowloon Commerce Centre, 51 Kwai Cheong Road, New Territories, Kwai Chung, Hong Kong

Initial contact with the supplier:
Search Engine

Type of product(s) being purchased:
Connectors

Value of the Purchase Order when the incident occurred:
3,001 to 6,000 USD

Destination market of order in question:
Western Europe

Type of Complaint(s):
Scams & Other Unethical Activities

Stage of relationship with the supplier at the time of the incident:
Initial Order

User Experience:
To fulfill an order with very short lead times, we were looking for alternative supplier with better delivery times. After checking on distributors throughout Europe and the US, we ended up finding this online platform.

Online RFQ was answered promptly, part numbers matched, pricing was attractive. Since everything was in a hurry, our buying department did not follow its rules and processes and simply agreed to pre-pay the entire order. And that was it. Since then, dialogue ended in a monologue without receiving any goods.

Professionally made homepage, good reaction time, prompt quote and proforma invoice. But if anybody is applying common buying procedures and usual diligence, there would be enough indications to apply additional caution and fraud could be stopped. But as usual, Murphy’s law.

User Recommendations:
Never trust an unknown source asking for pre-payment. Always apply at least a minimal standard of diligence.

If company is unknown, maybe a phone call would already give you a first indication or help to verify your “partner”.

User Submitted Image 1:


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