Guidance for Colombian vehicle dealers on obtaining the contract version, payee, vehicle scope, and payment triggers before releasing a deposit.
Before paying a deposit, collect verifiable materials including the contract version, payee, vehicle scope, and payment triggers. If the documentation is incomplete, do not release funds based only on payment reminders or verbal promises. Whether a deposit may be paid remains subject to the contract and the latest requirements of local authorities.
For the materials to prepare before a deposit, see What Should Buyers Check Before Sending a Deposit to a Chinese Car Exporter?.
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