Large order received - Payment terms - Help

[Gemais]

Thanks for all the advice, really appreciated. I work quite closely with two of my oppositions (Sounds strange) but we help each other out by doing collections for them when we are doing ours and vice-versa among other things. I told one about this situation and they had had the same problem, but they took it on. When it came for payment it turned out that it was an employee at the bank who had given a relative the order but as they were not in this line of business they subbed to him without him being the wiser. So the relative got paid and he had to chase his money. He admits it was foolish. The final e-mailed order I got from them was so scratched out and signed over it was ridiculous. Glad I dodged that one. Now I need to go and look for someone who can help with insuring my thatch house.

[Gemais]

Just to let you know, the customer in question was African Bank - one good decision I made this year was not to take it on.

[IanF]

I find your gut instinct keeps you out of trouble.