1. Settlement time
Monthly settlement, check the bill and make transfer and remittance between July and 10th of each month
2. Settlement conditions
Normal business status On the settlement day, the store will statistically calculate the orders that have been completed in the previous natural month, and the return money generated within the natural month will be deducted from the settlement amount.
3. Settlement method
Use bank transfer to the bank account registered in the seller’s store information. The transfer currency is RMB, and the local African currency on the day the platform calculates the bill is used. Calculation of RMB exchange rate.
IV. Details of platform fees
(1) Category commission: Free.
(2) Deposit: It ranges from RMB 2,000 to RMB 10,000 depending on the store level, and it only needs to be paid once.
(3) Technical service fee: It is charged from 2,000 to 10,000 yuan according to the store level. This fee needs to be paid once a year.
(4) Payment/collection service fee: Payment is made through the platform’s official payment system LipaPay. The details of the payment/collection service fee are as follows:
①Kenya/Uganda Station
Kenya/Uganda local account settlement: KES/UGX, 1.5%.
Account settlement in Hong Kong, China: US dollars, 3%.
Account settlement in mainland China: RMB, 3.5%.
②Nigeria Station
Local account settlement in Nigeria: NGN, 2%
Account settlement in Hong Kong, China: USD, 5%
Account settlement in mainland China: RMB, 6%
(5) FBK logistics fee.
① First-leg cost: The seller needs to find a third-party logistics company to solve the problem for this section of the delivery. The cost is subject to the agreement reached between the seller and the freight forwarder.
②Local logistics fees in Africa: paid by the seller, which means that the seller needs to set the product postage in the price of the product itself.
③Order batch operation fee: US$0.3/order.
④Cross-border trade agency fee: 5% of the order transaction amount
It should be noted that products transported by GS only have first-leg fees, order batch operation fees and collection service fees across borders. Border trade agency fees are only for products shipped by FBK.
(6)FBK storage fee.
There are a total of 6 charging items involved in warehousing fees, namely product warehousing processing fee, product warehousing fee, commodity scrap processing fee, order processing operation fee, return processing fee and outbound processing fee. The fees for the first three items are being revised at the time of publication of this book. The previous policy was platform subsidies. After the modification, the sellers have to bear it themselves, so there is no reference for this charging standard.
Order processing operating fee: ranging from US$0.11 to US$0.38 per item.
Return processing fee: ranging from US$0.11 to US$0.38 per item.
Outbound processing fee: ranging from US$0.03 to US$0.07 per item.