01
Before payment
- Match beneficiary details to the agreed seller/business where appropriate.
- Confirm amount, ISO currency, invoice/order reference and payment stage.
- Be cautious of last-minute bank-account changes communicated only through an unverified channel.
02
Keep records
- Retain quotation, invoice, order and payment references.
- Record milestone or partial-payment terms clearly.
- Use platform-supported protected payment workflows where eligible.
03
Fraud warning signs
- Pressure to bypass documented terms.
- Unexpected requests to pay a different entity or country without explanation.
- Requests for passwords, OTPs or account credentials.
Frequently asked questions
Does TradesFolks guarantee every external payment?
No. Protection depends on the specific payment/order workflow and eligibility. External payments can fall outside platform protection.
Should I verify changed bank details?
Yes. Use an independently verified channel before acting on unexpected beneficiary changes.