Quote:
Originally Posted by ts3
I'd have a hard time providing any deposit as I am not in the business of funding ADs or watch manufacturers...
Question to those who have provided a deposit in the past, say on an RM...
Does the money sit in an escrow account, with the AD, or does the AD pass it on straight to the manufacturer? In other words, who has to go under for the customer to lose the deposit?
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Any deposit paid goes into the retailer’s bank account. Liability rests with the retailer, no-one else.
Suppliers often work on a 30 day invoice, which only comes into effect once purchases have been processed and dispatched.
Only put down any amount that you’d be willing to potentially lose.