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What is the best way to judge clients credibility?

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Question added by VARUN JINDAL , Assistant Sales And Trade Marketing Manager , FIRST GULF BANK
Date Posted: 2017/01/03
Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Credibility can be judged by historical company's transactions and its ability to settle of all related liabilities on due time, without any delay.

SUNDARARAJAN KRISHNAN
by SUNDARARAJAN KRISHNAN , SENIOR FINANCE MANAGER , LAKSHMI PIPE CORPORATION CHENNAI

IT HAS TO BE JUDGED THROUGH THEIR PAST RECORDS

Sathish Harikrishnan
by Sathish Harikrishnan , Project Manager , Tata Consultancy Services Ltd

By their repaying compliance

Shafquate Mullick
by Shafquate Mullick , Senior Manager , HDFC Bank Limited

BY scrutinizing customer's KYC and Credit report

Jasim Ali
by Jasim Ali , Senior Software Engineer , NetSol Technologies Inc.

Every Company credibility can be check by following basic steps:

1. Check its registration/License in relevant government department.

2. Go through their taxation documents.

3. For how long they been in relevant field or industry.

4. Contact  their partners or customers for feedback.

Julee Rose Josephine Mattam
by Julee Rose Josephine Mattam , Sr.Accounts Executive , Export L/C) Technical Supplies & Services Co.Ltd

Scrutinize the bank statement

KINGSLEY  EZEH
by KINGSLEY EZEH , International Payments Specialist//Settlement and Reconciliation Analyst , GUARANTY TRUST BANK LTD

The best way to judge clients credibility is to ascertain the following:

  • you look at their part records
  • if they are well prepared.
  • they talk about their experience in a relevant way (not a show off way)
  • they look confident, but not too much 

Sakshi Singh
by Sakshi Singh , Finance Executive , Daud Machinery Trading DWC- LLC

check for the company's credit rating.

Hemant Kumar Swarnkar
by Hemant Kumar Swarnkar , Team Member , bank of America

By checking his/ her previous record, and current status of the client. 

Marvin Lomanog
by Marvin Lomanog , Head Of HR And Administration , Dr. Klippe Philippines Corporation

There is a golden rule that says: "don't judge a book by it's cover".  Credibility can only be judged by time.

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