Main Mode Of Payment For Foreign Trade

A advance payment method

1. the customer and the supplier carry on the sale communication, the order, provides the order information from the customer to the import and export company and pays the full amount of RMB money.

2. the import and export company issues a notice of collection of taxes and agency fees to customers.

3. the import and export company signs an import agency contract with the customers and suppliers, and the foreign exchange payment is made after the import and export company receives the payment.

4. the supplier arranges the delivery of the factory and provides pport documents such as invoices, boxes and so on.

5. the import and export company is responsible for the pportation and receiving of goods, and notifies the customer whether the goods will enter the bonded warehouse in written form.

6. the customer pays the import tax and agency fee to the import and export company. The import and export company handles customs clearance, delivers the goods to the customer and provides import tax bill.

The amount of payment is greater than US $30 thousand, whether or not it exceeds 15% of the contract value.

2. The amount required to pay is more than 100 thousand US dollars and exceeds 15% of the contract value. It is required to issue bank guarantee and go to the safe for the record.

If the prepaid amount exceeds 15% of the contract amount, it is expressly provided in the contract.

1. customers communicate with suppliers, place orders, provide order information from customers to import and export companies, and pay full Renminbi payment before payment.

2. the import and export company issues a notice of collection of taxes and agency fees to customers.

3. the import and export company signs an import agency contract with its customers and suppliers.

4. the supplier arranges the delivery of the factory and provides pport documents such as invoices, boxes and so on.

5. the import and export company is responsible for the pportation and receiving of goods, and notifies the customer whether the goods will enter the bonded warehouse in written form.

6. the customer pays the import tax to the import and export company.

The import and export company handles customs clearance, delivers goods to customers and provides import tax returns.

7. the import and export company will pay foreign currency after collection.

C, sight letter of credit payment.

1. the customer will communicate with the supplier and place the order. The customer will provide the order information to the import and export company and pay the opening deposit.

2. the import and export company issues a notice of collection of taxes and agency fees to customers.

3. the import and export company signs an import agency contract with the customers and suppliers, and the import and export company opens the letter of credit outside the deposit after receiving the deposit.

4. the supplier arranges the delivery of the factory and provides pport documents such as invoices, boxes and so on.

5. the import and export company is responsible for the pportation and receiving of goods, and notifies the customer whether the goods will enter the bonded warehouse in written form.

6. the customer pays the import tax, payment and agency fee to the import and export company.

The import and export company handles customs clearance and delivery.

D forward letter of credit method

Process description

1. customers communicate with suppliers and orders, and order information from customers to import and export companies.

2. the import and export company issues a notice to the customer to collect the fees for issuing the certificate, taxes and agency fees.

3. the import and export company signs an import agency contract with the customers and suppliers, and the import and export company will open a 90 day forward letter of credit after receiving the deposit.

4. the supplier arranges the delivery of the factory and provides pport documents such as invoices, boxes and so on.

5. the import and export company is responsible for the pportation and receiving of goods, and notifies the customer whether the goods will enter the bonded warehouse in written form.

6. the customer pays the import tax to the import and export company.

The import and export company handles the customs clearance procedures, and the customer obtains the 83-85 day credit from the import and export company.

7. before the expiration of the credit period, the import and export company will issue a notice of RMB payment for external payment to the customer.

During the credit period, the customer pays the goods to the import and export company.

8. at the maturity date of the L / C, the issuing bank pays the foreign currency to the supplier.

If the customer fails to pay the import and export company on time within the credit period, he shall notify the import and export company 2 days ahead of time and fulfill the duty of payment within 10 working days.

Within 10 working days, the customer must bear the penalty (0.05%/ days) of the default amount, and the agent will temporarily suspend the credit to the customer.

Within 10 working days, if the customer fails to fulfill the obligation of payment, the import and export company has the right to enter the legal process.

1. customers communicate with suppliers and orders, and order information from customers to import and export companies.

2. the import and export company issues a notice to the customer to collect the fees for issuing the certificate, taxes and agency fees.

3. the import and export company signs an import agency contract with the customers and suppliers, and the import and export company will open a 90 day forward letter of credit after receiving the deposit.

4. the supplier arranges the delivery of the factory and provides pport documents such as invoices, boxes and so on.

5. the import and export company is responsible for the pportation and receiving of goods, and notifies the customer whether the goods will enter the bonded warehouse in written form.

6. the customer pays the import tax and payment to the import and export company according to the demand of the goods.

The import and export company handles customs clearance and delivers goods to customers.

7. during the storage of bonded warehouse, 15 days per interval, the customer shall make additional margin at 5% of the inventory value.

8. the agency fee, the operating cost of the bonded warehouse and so on will be paid together with the corresponding tax and payment when the last shipment is released.

9. at the maturity date of the L / C, the issuing bank pays the foreign currency to the supplier.

1, customers will get more capital turnover time and ease the pressure of funds.

2, the issuing bank bears the first payment responsibility, which helps to eliminate the concerns of the manufacturers on whether the funds can be returned on time and promote the further and extensive cooperation between the manufacturers and customers.

Relevant instructions for the letter of credit model

1. because the import and export company is the applicant of the L / C, it is directly responsible for the payment abroad.

This responsibility is not exempt from the responsibility of domestic users who fail to pay the renminbi payment.

Therefore, in addition to the credit mode, the import and export division must receive the corresponding payment before discharging the goods.

2. in the mode of sight letter of credit, the terms of payment in the purchase and sale contract shall stipulate: "domestic users should pay the sum of the deposit after deduction of the deposit two days before the negotiation date abroad or the two days before the delivery (whichever is the prior)" to the import and export company.

It is possible that foreign negotiation is earlier than the arrival of goods or domestic customers.

If foreign payment is negotiated before and the bank draws the corresponding amount, the domestic user's RMB money does not enter the account of the import and export company, then the interest of the advance will be calculated from the date that the bank has drawn the corresponding amount.

3. the issuing margin: (generally speaking, 30% of the contract amount of RMB), if the domestic users do not pay the goods, although the import and export companies have the right to goods, they also have to bear the risk of falling market prices, so they must collect the issuing bond.

Only when the customer takes the goods away, can the deposit be offset against the payment.

In the case of partial pickup, the margin can be reduced proportionally to the value of delivery.

4. materials for processing documentary credits for forward letters of credit:

The letter of credit is issued by the issuing bank.

Attention: cover every sheet.

2. Contract

(3) one copy of the three documents of the license should be stamped together.

Application form official seal