V.Care Certificate is issued by ChemWhat which states the credit amount offered to a chemical company.
The credit amount is based on the security deposit paid by a company to ChemWhat which can be used to make up the loss of other companies who do business with it.
If you are doing business with a company holding a V.Care Certificate and suffer loss due to its responsibility , you may get in touch with ChemWhat and expect to get compensate of no more than the credit amount.
The companies who can hold V.Care Certificate are not only because they pay security deposit but also because they have good financial situation, excellent R&D or manufacturing capacity and positive credit history. V.Care Certificate is the recognition and affirmation of a company’s comprehensive capabilities.
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6. How does “V.Care Collect” work?
“V.Care Collect” is a escrow service provided by ChemWhat.
With deep understanding of chemicals’ properties, test methods/conditions, usage, shipment & storage, market and close relationship with chemical companies, institutions universities, ChemWhat has been named NO.1 choice by our customers globally.
We will charge 2% of the total transaction amount as the service fee. If it is less than $200, we will charge $200 as the minimum service fee. The fee does not include any bank charges or charges for other service which may be requested in the transaction such as retest, supervision, shipping and etc..
If there are any disputes, ChemWhat will be a coordinator to make judgement and give solutions.
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7. How does “V.Care Sourcing” charge?
“V.Care Sourcing” is a paid service which helps chemical buyers find the right product efficiently.
The charges of “V.Care Sourcing” can be negotiated depending on the different service combination requested by the buyers. The charge can be either fixed or floated, from either added cost or specific proportion of actual procurement price.
“V.Care Sourcing” can be also a pure retest or shipment service.
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