QUESTIONS & ANSWERS

What is the relationship between AQUIS Trading and the Sellers Name signing the contract?

AQUIS Trading is OFFICIAL REPRESENTATIVE for the Seller (Manufacturer) or Allocation Holder of various cement suppliers countrywide.

AQUIS Trading never receive any funds from the buyer nor do we have access to the bank to bank transactions, which are strictly between the seller and the buyer. Our role is to offer a risk adverse environment to both the Buyer and Seller and facilitate the successful closure of the deals. Full responsibility will at all times remain the prerogative of the Buyer and Seller and their respective banks.

Can I get cement on a 30 day account?

Yes, this only applies to locally manufactured cement and after 3 months of proper trading. You must complete a credit application and surety form. Once this is approved (by a reputable credit company) you will be given credit terms. This does not apply to imported cement.

Different people did inform us that there are some “fake companies” that are trying to get LC’s to their bank and receive from their bank loan facilities on those contracts and LC’s.  The fraudsters will never ship any product at the end, and will just use the LC to try to obtain financial facilities from their bank. How can I be assured that AQUIS Trading would not be doing the same?

We, on behalf of the seller never ask for an OPERATIVE LC! - all the seller requires is a NON-OPERATIVE LC and then the seller will provide POP (Proof of Product) and proof of his capability to deliver to the buyer. This ensures that the buyer and the buyer’s bank are fully aware that the seller is A GENUINE SELLER and has the capacity and financial standing to deliver the quantity of Portland cement as ordered.

Why would we require a BCL - Proof of Funds Letter?

http://www.thinkglink.com/Proof_Of_Funds_Letter.htm

Read the above article and then you will understand that we and our suppliers have NO TIME TO WASTE with 'bogus buyers’ of Portland Cement. Have you ever purchased Real Estate?

Then you know that without a downpayment of at least 10% into an escrow account you are NOT being entertained by any Real Estate Agent nor by any serious seller! So why should we take you seriously if you cannot provide proof that you have the funds available to purchase for a few Million Rand Portland Cement from us?

We can deliver and give you Proof of Product (POP) - from our supplier, in exchange please provide us with a NON-OPERATIVE LC or BCL, showing that you have the funds available. ONLY THEN we will take the transaction further.

Is the Cement certified to international standard?

Our suppliers are all SABS certified - this does not just mean they have a stamp on the cement bag, but their entire manufacturing process has been evaluated and certified by the SOUTH AFRICAN BUREAU of STANDARDS. - your quality is guaranteed.