(1) Log in to My Alibaba backend and go to Credit Guarantee Transaction Management to draft a credit guarantee order.
(2) Fill in the relevant information for each part. (Note: The items marked with “*” on the page are required).
1) Buyer information
The buyer’s email address must be an overseas email address. Domestic email addresses (such as QQ email addresses) cannot be used as the buyer’s email address to draft an order. After the order is drafted, the buyer’s information cannot be modified.
2) Product information
You can choose to add products or upload PI. Directly add published products. To add unpublished products, you need to upload files (upload up to 5 attachments).
3) Add contract
Buyers and sellers can directly “upload offline contracts”. Do not write the collection account number in the offline contract. After the credit guarantee order is submitted, the system will generate a new collection account number. The account number for each order is different.
3) Shipping terms
The shipping terms include the delivery address, transportation method, trade terms, delivery date, and warehouse delivery method.
Delivery address: It is recommended to confirm the delivery address in advance when confirming the order information with the buyer. If it needs to be modified later, the prepayment to the supplier can be modified directly: after the prepayment is received, the supplier will request the modification and the buyer will confirm.
Transportation method: When supporting the selection of express transportation method, there will be a freight trial calculation recommended by Alibaba.
Shipping date: When filling in the shipping date, please add weekends and holidays, and fill in the confirmed number of dates. The system will calculate the shipping date according to the minimum date.
Export method: For credit guarantee orders with a total order amount of less than US$5,000 (upgraded from US$3,000 to US$5,000 on April 2, 2018), when drafting, you can choose “Use Yidatong Customs Export” or “Not Use Yidatong Customs Export”. Orders that choose “Not Use Yidatong Customs Export” are called non-Yidatong orders. Non-Yidatong orders can choose Ali Logistics or upload third-party logistics certificates (partial transaction service fees are required).
For orders with a total amount of more than US$5,000 (upgraded from US$3,000 to US$5,000 on April 2, 2018), you must choose “Use Yidatong Customs Export”. For orders exported through Yidatong, the shipment must be associated with Yidatong’s order.
To draft an order for “not using Yidatong Customs Export”, the supplier does not need to activate the Yidatong service.
Once the export method is selected, it can only be modified once before payment, and cannot be modified after payment.
5) Payment Terms
The advance payment must be >1 US dollar. When drafting the order, agree to use US dollars for settlement.
Notes: Payment methods support VISA, MasterCard, e-Checking and T/T payment, etc.
About payment fees: The credit guarantee service is free, but the buyer needs to pay a handling fee to the bank. The handling fees for different payment methods are different. VISA and MasterCard: 2.95% of the payment amount, automatically deducted when the buyer pays: T/T: Different banks have different handling fees, it is recommended to consult the bank in advance: c-Checking: Free.
4) Order Notes Quality Terms
The advance payment must be ≥ 1 US dollar. When drafting the order, it is calculated in US dollars. If there is an international standard, write the international standard. If there is no international standard, you can refer to the industry general standard or pass rate. In short, the clearer the better.
After submitting the order, remind the client to confirm the order, and the drafting of the credit insurance order is completed.