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Collection and payment of foreign exchange

We can provide domestic foreign exchange accounts and foreign exchange collection services for cooperative customers. After receiving foreign exchange, we can transfer the foreign exchange to customers according to the entrusted agency agreement, or transfer RMB to customers after settlement.

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Service advantages

Provide formal business of collecting foreign currency payment for goods. Domestically, settle and remit RMB to the customer - designated account (either public or private)

Excellent reputation

Tailor - make a reasonable agency payment agreement according to the customers need for capital payment safety

Fast foreign exchange settlement

On the day of receiving the customers foreign exchange, the foreign exchange payment declaration and foreign exchange settlement process can be completed.

Fast transfer

On the same day of receiving the payment, transfer the funds to the customer no later than the second banking working day.

Flexible operation

We can provide various ways of foreign exchange payment and transfer to avoid troubles for customers in the intermediate links.

No limit

Only implement according to bank policies. ZhongShen International Trade itself will not set any transfer limits.

Partners

We have long - term cooperative relations with domestic commercial banks and can act as an agent for all businesses of converting export payments into RMB.

Collection and payment of foreign exchange business

ZhongShen International Trade Co., Ltd. has been focusing on providing comprehensive foreign trade import and export agency services for 20 years since its establishment. It is not a financial institution. It provides the service of collecting and settling foreign exchange for customers who entrust our company to provide one - stop import and export agency services. In foreign trade import and export business, the collection and settlement of foreign exchange is just a link in the payment and receipt of goods before and after import and export. ZhongShen International Trade Co., Ltd. does not operate financial businesses such as foreign exchange collection and settlement independently.

Frequently Asked Questions

FAQ

Is it legal to collect foreign exchange on behalf of others?

In the international trade mode of market procurement (1039), foreign trade enterprises are allowed to collect foreign exchange in compliance.

Objects applicable to the collection and payment of foreign exchange?

Enterprises that entrust ZhongShen International Trade to act as their import and export agent, enterprises without import and export rights, and enterprises or individuals that use an offshore company to collect overseas payment for goods.

What should be done if foreign exchange funds are frozen?

Customers must ensure that the funds remitted to the designated domestic account of our company have a legitimate source and are used for foreign trade product transactions. All money - laundering activities are firmly prohibited. If the funds are frozen and investigated due to violation of national laws and regulations, the losses shall be borne by the customers.

Precautions for collecting and settling foreign exchange

The collection of foreign exchange for goods must be bound to procedures such as goods clearance, and abide by the national principle of who exports, who collects foreign exchange.

It is necessary to sign an agency agreement with ZhongShen International Trade (which has legal effect and can ensure the safety of funds and the responsibilities of both parties).

Customers are welcome to visit for inspection to eliminate their concerns about the safety of foreign trade payment for goods.

Related Information

How to correctly record the agency fees for imported equipment? Keep these 5 key steps in mind

Solving the Dilemma of Foreign Trade Payment Collection: Compliance Solutions When Customers Can Only Pay in Their Personal Capacity

Contact Us

If you want to know more information about foreign trade import and export agency, you can leave a message in the form, and we will contact you in a timely manner.

service@sh-zhongshen.com

139-1787-2118

13917872118

2831361957

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Collection and payment of foreign exchange

Service advantages

Excellent reputation

Fast foreign exchange settlement

Fast transfer

Flexible operation

No limit

Partners

Collection and payment of foreign exchange business

Frequently Asked Questions

Precautions for collecting and settling foreign exchange

Related Information

How to correctly record the agency fees for imported equipment? Keep these 5 key steps in mind

How to balance security and efficiency in the payment methods for imported equipment agency?

How to Safely Settle Foreign Exchange for Agency Export? 7 Key Issues Foreign Trade Enterprises Must Know

Foreign trade practice: Risks you must know when clients request invoice amount increases

Solving the Cross - border Collection Problem: When Turkish Payments Encounter Bank Exchange Barriers

Solving the Dilemma of Foreign Trade Payment Collection: Compliance Solutions When Customers Can Only Pay in Their Personal Capacity

Contact Us

service@sh-zhongshen.com

139-1787-2118

13917872118

2831361957

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Industry Trends

Contact Us