As international trade grows, so do cases of scams, fake companies and unreliable intermediaries. In the commodities market — where values are high and deadlines are tight — poor verification can cause significant financial losses.
That is why, before closing any deal, it is essential to apply a simple validation process. Below is a practical checklist to reduce risk.
1) Confirm that the company actually exists
- check official commercial registries
- verify physical address and corporate phone number
- look for a professional website with its own domain
- review business history and professional presence
Companies that only use generic email accounts and have no clear public records require extra attention.
2) Confirm who is really talking to you
Fraudsters often present themselves as “official representatives” — but they are not.
- verify whether the person actually works for the company
- confirm the relationship through official channels
- be cautious if they refuse video meetings
Pressure to make quick decisions is a strong warning sign.
3) Do not negotiate exclusively through WhatsApp
WhatsApp is useful — but it does not replace formal documentation:
- written proposals
- signed contracts
- corporate email communication
Anything important must be documented.
4) Be suspicious of “alternative” payment requests
- bank accounts in countries unrelated to the transaction
- advance payments without guarantees
- last-minute changes to the beneficiary
Always confirm payment instructions with company management before sending any funds.
5) Ask for minimum documentation
Serious operations provide clear proof of capacity:
- licenses and certifications
- commercial references
- logistics capability evidence
6) Use clear contracts
Price, quality, deadlines, inspection procedures and Incoterms must all be clearly stated. Ambiguity increases the risk of conflict.
The role of BrazilTrad
BrazilTrad works to reduce risk in international transactions, coordinating verification, contracts and governance between buyers and sellers.
If your company needs to validate partners, structure operations or analyze proposals safely, our team can support you with confidentiality and professionalism.
Want to talk to our specialists?
Talk to BrazilTrad.