Country Selection | Welcome to Vehicle Manufacturing Plant
Xsaiwei | Vehicle Manufacturing Plant
Whatsapp:
86 16690818038
Payment Process

I. Telegraphic Transfer (T/T)

This method enables cross-border fund transfer through the banking system. Customers directly remit funds to our account. Most countries support online banking transfers, while some require counter service.

1. 100% Advance Payment: Applicable for small orders (ranging from a few hundred to a few thousand US dollars)

2. 30% + Installment Payment for Balance (payment upon good goods, upon presentation of the bill of lading, or before shipment) 

II. Letter of Credit (L/C)

Based on the customer's application, a payment commitment is issued and payment is made against documents that meet the requirements. This is a bank credit guarantee.

Immediate Letter of Credit: Payment is made immediately upon submission of documents.

Deferred Letter of Credit: Payment is scheduled for a later date (30 days). 

III. Other Supplementary Methods

‌Document against Payment (D/P)‌

The buyer receives the shipping documents after making the payment.

Based on inter-governmental agreements, regular settlements are made through the clearing account. 

IV. Third-party Payment

Payment methods such as PayPal and Alibaba, which adopt electronic account models, support small-value and frequent transactions.