I've just had a 1/2 hour meeting with some helpful people at the bank.
The bank said they need the responsibility to stop with 1 person...they were concern that if 25 people put money into a comunal account, and then a couple decided they want out...agreements have already been made, the banks reputation is ruined blah blah blah.
We would ensure that payment was dependant upon inspection of the goods. Transactions would be done through an international branch of a reputable bank. It would be written into the clause that payment would not be made to the leather manufacturer if the inspection was not favourable. Inspection would be undertaken by a large international company on our behalf, but in Pakistan prior to shipment of goods.
Therefore, those who put money up, and the quality is bad, lose only a proportion of the fee for inspection services and bank fees.
They are unlikely to ship goods without payment...I haven't even asked them about inspections and payment options yet? So we may have hit a brick wallbut then again, we might just be making a little progress (slowly does it)
Phew...what a mission
I have just edited this post and taken out some of the finer details, the last thing we want is a shop or company etc. to get in ahead of us and then we all lose out on a good deal.
To make things clear, I am not making a business venture out of this, purely hoping to get a few cheaper leathers for me and those who are keen.
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