The value of the US Dollar is very low and our prices are attractive to foriegn buyers.  The US pump market has slowed and foriegn sales may be the best way to move your used pump. But be careful.

Recently, a broker in England expressed an interest in helping his customer, a large contractor in Spain, to buy a late model pump from one of our advertisers.  Both parties agreed on price and terms, including cash in the bank before shipping.  Then the seller said the buyer had to register as a foriegn supplier with the Spanish Govt., $850 fee.  My seller sent the fee and was promised a Purchase Order by return FedEx. Instead they were asked to sign another agreement allowing the purchase price to be placed in a bank in Maylaisia for 45 days after the pump was shipped.

My seller told them where to stick that and are now trying to recover their $850. Meanwhile they have learned the Spanish Contracting company is a fraud.

Always insist on CASH money, in the bank, before the pump leaves the yard.  If you decide to accept expenses to make the sale, let the buyer pay them and deduct them from the selling price.

Letters of Credit are a secure way of selling equipment but they can take many weeks to get paid and are subject to snafus along the way.  Cash in the bank, by wire trasfer, is the best way to go.

Letters of credit are just this side of OK. As for me, I am sticking with sure fire winning propositions when doing business out side CONUS. Like the following example:

I am writting this letter with due respect and heartful of tears since we have not known or met ourselves previously. I am asking for your assistance after I have gone through your profile that speaks good of you. I will be so glad if you can allow and lead me
to the right channel towards your assistance to my situation now. I will make my proposal well known if I am given the opportunity. I would like to use this opportunity to introduce myself to you. well, i am Armed Suleman 22years old Boy and I know that this proposal might be a surprise to you but do consider it as an emmergency.

In nutshell, My (late) father Mr Joseph Suleman was a very wealthy gold and cocoa merchant who based in Accra and Abidjan respectively. But he was killed along side with my mother during last year's Rable attack and all his properties was totally
destroyed. However, after their death I managed to escape with a very important document (DEPOSIT CERTIFICATE (US$10.5m) Ten million Five hundred
thousand U.S Dollars deposited by my late father in the bank which i am the next of kin.

Meanwhile,i am saddled with the problem of securing a trust worthy foriegn personality to help me transfer the money over to his country and into his
possession pending my arrival to meet with him. Furthermore,you can contact the bank for confirmation and i will issue a letter of authorisation on your name,that will enable the bank to deal with you on my behalf. I am giving you this offers as mentioned with every confidence on your acceptance to assist me or take me as your child and manage the money.  I am inclined to offer you 15% of the total sum.

As a mode of compensation for your effort after the successful transfering of these fund to your nominated account overseas Conclusively,i wish you send me a reply
immediately as soon as you recieve this proposal,please You Email Me Back With My Parivet Email  Address Ok.  a_suleman4u2@yahoo.com  Please You Can Still Call Me With My Parivet Nomber Please. +225 09102584.

Wating to hear from you.

Armed Suleman.

;~)

THE GUYS REAL NAME IS

Armed With B.S.

;~)