Structure the payment against progress
A 30% deposit and 70% against inspection report is the standard that keeps both sides honest. For larger orders, split into deposit, mid-production and post-inspection milestones. Never pay 100% in advance for a first order.
Bank account red flags
Any of these justifies pausing the transfer and calling the supplier on a number you already had.
- Account name does not match the company on the invoice
- Bank details changed mid-thread, especially with an apology and urgency
- A personal account, or an unexplained third-country entity
- Requests for crypto, or for money-transfer apps instead of a bank
When a letter of credit is worth it
Above roughly €50,000, an LC shifts the argument from trust to documents. It costs bank fees and paperwork discipline, and it only protects you if the document requirements match your actual quality conditions.
Contract clauses that matter more than the contract
Specification and approved sample attached as annexes, defined defect limits, inspection right before balance, delay penalty, and the rework procedure. Short and enforced beats long and ignored.
Questions buyers ask
Is a 30/70 split always right?
It is the sensible default. Custom tooling or bought-in raw material can justify a higher deposit — ask for evidence of the cost being covered, such as the material purchase order.
Does Amanect hold client funds?
No. We verify the counterparty and the goods; payment stays between you and your supplier or your bank.