Debtor requiring company registration documents before payment

[ihsaan]

I've had a small business for around ten years and have not experienced a debtor requesting our company registration documents before making payment even though the job has already been competed.

With all the scams going on at the moment I am a bit wary so just wanted to check if this is common practise and its safe to send these documents?

 

[Ancalagon]

I wouldn't do it. Just out of... caution. I mean, I don't know what could happen, but as you said, you have been in business for 10 years and never had an issue.

Sounds like an odd request. Sure, maybe they could ask for your company registration number, but that is different. Or even your VAT number. But company registration documents?

 

[Sensorei]

We get this often. Just first check their company reg information and names of directors on the CIPC site to make sure it's all legit: https://eservices.cipc.co.za/Search.aspx.

 

[ArmatageShanks]

We get this often. Just first check their company reg information and names of directors on the CIPC site to make sure it's all legit: https://eservices.cipc.co.za/Search.aspx.

^This

 

[Ancalagon]

We get this often. Just first check their company reg information and names of directors on the CIPC site to make sure it's all legit: https://eservices.cipc.co.za/Search.aspx.

I stand corrected!

 

[gboy]

Yea, it's getting irratation even for buyers, I whanted to buy something forR1400 cash, eft upfront the other day, I got sent a 3 page form to fill out, "cash account" they whant directors id's, company Reg docs, directors proof of address. It was not worth the hassle, it's not a terms account, it's simple if the money doesn't reflect, don't send me the goods. I did not even bother, found the item somewhere else instead.