How can individuals do foreign trade to collect money so that both parties can rest assured?

Updated on technology 2024-03-24
7 answers
  1. Anonymous users2024-02-07

    1. The most primitive is bank remittance or wire transfer, etc., which has a long cycle, troublesome processing, low efficiency, and high cost in all aspects;

    3. International credit card collection, common international cards are VISA, MASTERC, JCB, AE, DC, etc. The payment company obtains authorization from the banks, and then provides the collection channel to foreign trade merchants for use, so that foreign trade merchants can directly enter the relevant information of the international card on the webpage or APP to make easy payments, which is convenient and fast, with a good experience, which is conducive to secondary payment.

    4. At present, global information is becoming more and more convenient, and the more used is to directly handle multi-currency accounts, operate remittances, exchanges, and transfers by themselves, and choose more banks in China: Standard Chartered Bank. Offshore Bank: CBI Bank of the United States.

    Time cycle: Transnational is not like domestic second, generally about 3 working days.

  2. Anonymous users2024-02-06

    Hello, there are many foreign trade collection tools, the most mainstream is PayPal, international Alipay, Western Union, credit card, etc.

  3. Anonymous users2024-02-05

    Remittance to a personal account, or an offshore account or a ** company account can be used.

  4. Anonymous users2024-02-04

    Depending on your own size, you can do it to Gongzhou, Chouzhou, PayPal, xt.

  5. Anonymous users2024-02-03

    Individuals can register a personal dollar account to receive foreign trade collection, PayPal, and even through a third party.

  6. Anonymous users2024-02-02

    The most common are these three ways:

    Remittance: "Remittance" is also called "remittance" - a settlement method in which the payer (importer) delivers the payment to the payee (exporter) through a certain payment instrument through the bank. The payer transfers the money to the payer through the bank, and there are four parties:

    Sender, beneficiary, remitting bank, remitting bank.

    There are three ways to send money: wire transfer, mail transfer, and draft transfer.

    Collection: Collection (entrusted collection) - a way for the exporter to entrust the bank of the importing country to collect the money on behalf of the exporter through the local bank.

    Collection is a commercial credit, and when the bank handles the collection business, it has no obligation to check whether the shipping documents are correct or complete, nor does it assume the responsibility that the payer must pay. There are four main parties involved in collection, namely the principal, the payer, the collecting bank and the collecting bank.

    Similarly, collection can be divided into two ways: bare bill collection and documentary collection.

    Letter of credit: L/C is a written document issued by a bank that conditionally promises to pay, and L/C refers to a written document in which the bank (issuing bank) makes payment to a third party (beneficiary) or its designated party with the prescribed documents in accordance with the requirements and instructions of the applicant or on its own initiative, in accordance with the terms of the L/C.

    In nature, L/C settlement is first and foremost a kind of bank credit, and the issuing bank uses its own credit as a payment guarantee. The issuing bank guarantees that the beneficiary will fulfill its payment obligations when the beneficiary submits the documents complying with the terms of the letter of credit within the time limit specified in the letter of credit. This is different from the commercial credit nature of remittance and collection settlement, so it is more secure than remittance, collection and settlement.

    At present, global information is becoming more and more convenient, and more people use it to directly handle multi-currency accounts, and operate remittances, exchanges, and transfers by themselves, such as CBI Bank in the United States, Shenzhou Pay, etc.

  7. Anonymous users2024-02-01

    Hello Hello is happy to answer for you: Commonly used payment methods: Bank transfer:

    Bank transfer is one of the common ways to receive money. In **, bank transfer can be made by wire transfer, mail transfer, bill transfer, etc., it should be noted that different bank transfer methods require different time and fees. paypal:

    PayPal is a failed electronic payment platform, widely accepted in the **. Cross-border transactions are quick and easy through PayPal, and both parties get them. However, it should be noted that PayPal's procedures are relatively high, and sellers need to bear certain costs.

    Extended Information: How to Choose a Payout Method: Here are a few things to consider when choosing a payout method:

    Transaction amount: If the transaction amount is small, you can choose electronic payment methods such as PayPal; If the transaction amount is large, you can choose bank transfer or letter of credit.

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