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2.8
Average
3 reviews
No history of asking for reviews
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Not recommended
Not recommended. Be careful while dealing with this company.
June 13, 2025
Unprompted review
Nazco Foodstuff Trading LLC: Unauthorized Cargo Possession & Overdue Payment – Exporter Alert
We exported goods to Nazco Foodstuff Trading LLC (License No: 844436, Reg No: 2024337, Dubai, UAE) and its principal, Mr. Syed Ayaz Rizvi Israr Mehndi, under a signed purchase contract with the following payment terms: 50% upon scanned BL and the remaining 50% within 20 days of Jebel Ali port receipt.
On 13 June 2025, the consignee took unauthorised possession of our shipment without us surrendering the original Bill of Lading (BL) — in direct breach of our agreement and standard international trade practice, without payment of first 50%.
As of today, the around 48% payment is overdue by more than 60 days, despite multiple written reminders via email and WhatsApp. This has caused substantial financial and operational losses to our business.
We are sharing this experience so other exporters and suppliers can exercise extreme caution and ensure secure payment/shipment terms when dealing with this company.
Supporting documentation (contract, BL, invoices, correspondence) can be provided to relevant authorities or trade bodies upon request.
June 13, 2025
Unprompted review
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