Are you about to pay a Chinese manufacturer? The manner in which you pay your provider and when you pay them has a significant impact on the outcome. Your preferred payment method can lessen the danger of frauds, delays, and poor quality if properly managed. We offer a very trusted, fast and reliable means to get your money converted into the prescribed currency to pay your suppliers!
While Chinese suppliers are famed for their quick response times and low prices, transferring payments might be difficult – especially if you’re a small firm or SME – due to China’s rigorous capital controls.
Payment fraud is a prevalent, yet easy-to-fall-for scam. The buyer is encouraged to send money to a bank account that is not owned by the suppliers. By simply modifying the bank data on the Proforma Invoice, the fraud can be carried out. This can be accomplished in a variety of ways. We’ve witnessed occasions where personnel were clearly corrupted.