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Summary: In the current scenario of the high-technology available online, there can be easily seen in the great number of rising in the frauds and scams prevailing in the market and has grasped its hands at the vast level. This is the reason why people are afraid to hire the services of the packers and movers in Chennai or trucks and tempos for the process of relocation from one place to another.
They are facing many problems while dealing with the people related to the field of relocation service providers. Are you one of them too? Are you also facing the same challenging for which we are talking about here? Of course, every one gives it a second thought while choosing the moving company or any other method of relocation. After all, it’s a matter of your hard-earned money investment. So, ultimately the smartness is to never let anyone make you a victim of any fraudulent and never-ever be a prey of any looter.
The basic solution of getting you to refrain from these things is to avail of good home shifting services in Anna Nagar. Now, the biggest question arises here is how? Is there any way to get the professional moving company without making you a fool in this regime of fake policies? Then, the simple answer is- not just a way rather there are different ways of that.
How like that? Simply, you need to hire an IBA approved packer and movers. So, in this article, we will be discussing the same concept in detail and let you enlighten with the overall concept of it.
Now, let see what is this IBA approved moving companies.
What is IBA (Indian Bank’s Association)?
The Indian Bank’s Association i.e IBA is an authorized body founded to manage and operate the banking system in India. It was actually formed in 1946 with an association of 237 Indian banks and financial institutions. There are several member banks such as Public sector banks, cooperative banks, Private sector banks, regional rural banks, Indian financial institutions, and a foreign bank having branch offices in India.
What are the main Objectives of these IBAs?
There are basically two objectives which are being given below:
What are the member’s banks of the managing committee of IBA?
The following are the member banks of the managing committee of the IBA:
Now, let us read what are the IBA approved movers and packers.
What are the IBA approved packers and movers?
The overall definition of it is that the Indian Banks’ Association has issued a list of approved packers and movers in Chennai and the other parts of India for the transport companies that also include the movers and packers those who are successfully fulfilling the requirements and the expectations of the people out there.So, it is the better option to avail of the services for your relocation.
So, it is the better option to avail of the services for your relocation.
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The nightmare began when we applied for the interstate Operating Authority (MC number) for our logistics company. When you complete transactions with FMCSA your basic company information become public. As soon as we submitted the application, we started getting calls from companies who offered to act as our process agents. Almost all of these companies claimed to provide blanket coverage and be totally legit. Some other types of fraud calls we received were:
To say the least, it was extremely annoying, as we needed a process agent for the company but all these scammers made us keep our guard way up as Process agent scams are a common thing. It felt like we could not trust any company and one simply cannot start the logistics business without a process agent to file BOC 3 with FMCSA.
What is a process agent?
A process agent is a company of an individual agent that Logistics Company officially assigns to file and receive legal papers in all states they operate. Process agents file BOC-3 form with federal motor carrier safety administration. After filing, they become an official party that represents the logistics company in all 50 states and takes care of prompt & discreet handling of important legal and tax documents.
BOC 3:
BOC 3 form needs to file just once and the process agent must charge you a fee just once. It cost around $30 to $40 to file BOC 3 and a legit process agent will never charge anything more than this i.e. no hidden fees.
How to check if a process agent is legit.
We selected our process agent very carefully and there are some steps that you can take to avoid falling victim to any fraud.
We followed all the above steps and got ourselves a highly reliable and efficient process agent company that offered a blanket of coverage. A+ Agents of Process Inc. is a trustworthy company and we faced no issues after we got them as our process agent. They have wide experience in the industry and are extremely professional.
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