Serve Customers
1.SOHO sellers and cross-border e-commerce sellers on platforms like Amazon, eBay, AliExpress, Etsy, Wish, etc.
Service Introduction
As of July 1, 2017, in accordance with the new international trade method introduced by the state—Market Purchase (1039), legally collect foreign exchange payments. The regulatory conditions for this trade method are to implement a non-taxation and non-refund policy for exported goods, providing comprehensive trade agency services for market purchase exports to clients in need of such services.
Service Content
Market-purchased foreign trade comprehensive agency services we offer include:
1.We offer export agency services through entities with import and export rights.
2.We offer domestic foreign exchange accounts for clients to collect foreign currency payments, and accept T/T, D/P, and L/C payment methods.
3.We can provide shipper's invoice, customs declaration documents, warehouse receipt, and ensure the consistency of the three documents.
4.Offer various certificates for processing origin certificates and customs clearance abroad.
5.Accept letter of credit financing with interest rates as low as 0.03%.
In addition, we offer comprehensive foreign trade agency services with returns, including container transportation services from Huangpu Port, Nansha Port, and Shenzhen Port, customs brokerage services, warehousing and distribution services, and individual enterprise financing services.
Service Process
The following is the process for Telegraphic Transfer (T/T). For processes related to Letter of Credit (L/C), Documents against Payment (D/P), and other payment methods, please contact our customer service for inquiries.
1.Both parties must sign a comprehensive foreign trade agency agreement for market procurement.
2.The company account collects the customer's export payment and credits it in RMB (Chinese Yuan) to both your corporate and personal accounts.
3.Customers must remit payment directly to our domestic account from overseas.
4.Customers must ensure that the funds remitted to our domestic account are from legitimate and legal sources and are for market purchases, and must strictly prohibit any money laundering activities; any losses incurred due to the freezing or investigation of funds collected on behalf of our company due to violations of national laws and regulations shall be borne by the customer.
5.Upon receipt of overseas payment, our company will settle and return the funds to the client by 17:00 on the same day, based on the China Bank of China's foreign exchange rate (USD rate).
6.Exchange Rate Conversion Deadline:
Payment must be received by 11:00 AM (inclusive) on the same day, with the settlement exchange rate based on the bank's buying rate at 11:00 AM that day.
Payment must be received by 11:00-16:00 (inclusive) on the same day, with the settlement rate based on the bank's purchase price at 16:00 on that day.
Payment will be settled based on the exchange rate of the bank's buying price at 11:00 AM on the next business day, after the payment is received by 16:00 on the same day.7.To ensure the safety of your funds, both parties must reach a consensus and sign an agreement before proceeding with any cooperation.
8.Upon agreement signing, our company will provide a domestic payment account to ensure accurate and error-free payment to the client.
9.Upon receipt of the export payment into our company's account and after we receive the bank notification and verify the funds, we will proceed with the exchange based on the day's bank exchange rate.
10.In the event of changes in national policies, the settlement of exchange shall be governed by any separate agreement between the parties.
11.Our company settles according to the actual received export payment, assuming no risk arising from customer reasons or exchange rate fluctuations during the collection process.
12.Upon processing the bank settlement with our company, the corresponding handling fee will be deducted, and the RMB amount can be transferred to either your corporate or personal account.
Service Advantages
1.Reputable: In the process of collecting foreign exchange payments on behalf of clients, we can tailor a cooperation agency payment agreement specifically to address the clients' concerns about payment security, ensuring the safety of their funds and providing peace of mind and satisfaction.
2.Settlement Fast: Collection of foreign currency payments typically completes the declaration and all settlement procedures on the day of receipt.
3.Transfer Fast: Generally, company transfers may take 3 days or even a week to complete. Our company usually transfers to clients on the same day, or no later than the second banking business day.
4.Flexible Operations: Our company offers various transfer methods for collecting foreign exchange payments, eliminating the need for clients to go through additional trouble with intermediaries.
5.No credit limit restrictions at the moment.
6.Partner: Our company has a long-term collaboration with domestic commercial banks, providing robust financial support to handle all export payment transactions (USD) converted to RMB (Chinese Yuan) on your behalf.
7.Success Stories: Our company has accumulated successful cases and experience in collecting foreign exchange payments, which we are happy to share with you for your peace of mind.
