Dun and Bradstreet, also called simply "D&B," is a financial reporting firm that has been active for many decades. Financial reports issued by Dun and Bradstreet are often used by lenders and investors to determine a company's eligibility for credit.
There was a student of mine name Hussain, who wanted to import cashew nuts from a particular party in Malaysia, the talk was so good that he feel like buying from him only, he was going to provide them 100% advance TT & I was very sad, I told him that cashews of such kind are not coming form Malashiy but he blindly trusted that part because of the same community. Finally, I told that if you want to pay advance then pay but please make sure you get the DNB report done of that party. After that DNB report, he understood that I was correct and I have saved his money.
A D&B report is a business credit report used to assess the creditworthiness of a company. A D&B report typically has three main scores that assess this business credit, which includes the commercial credit score, and the financial stress score.
DNB Report could be generated via https://www.dnb.com/ or via your bank. To get the report you must have banking details of your party along with purchase order or proforma invoice, if possible.
Please find the DNB Report in the attachment file. Before exporting or importing from anyone DNB report (Bank Confirmation Letter / Bank Credit report must be generated)