Day: June 7, 2024

Local Clearing Number of Receiving Bank for Cross-border Remittance Overview of Cross-border Remittance Cross-border remittance refers to financial activities carried out when goods, services or funds are traded between two or more countries. It involves currencies of different countries and cross-border remittance services. Cross-border remittance is essential for international trade and international transactions between individuals.…

How long does it take for cross-border payment to arrive at the bank card? What is cross-border payment? Cross-border payment refers to the method adopted when one party needs to receive payment from another country in international trade or cross-border transactions. This method includes telegraphic transfer, letter of credit, collection, payment guarantee, etc. For international…

Foreign trade collection accounts have always been one of the focuses of foreign trade enterprises. However, sometimes foreign trade collection accounts may be frozen or encounter other problems, resulting in the inability of enterprises to collect payments normally. In this article, we will explore the relevant knowledge of unfreezing foreign trade collection accounts to help…

For foreign trade companies, it is crucial to expand international markets, reduce transaction risks, and improve capital liquidity. The setting of third-party payment channels is one of the key steps. In this article, we will explore the importance of foreign trade third-party payment channels and how to set up these channels to promote the development…

Companies engaged in international trade often face the issue of cross-border collection fees. This article will take an in-depth look at the relevant knowledge about cross-border collection fees, as well as the methods and latest policies for dealing with cross-border collection fees. We will discuss different payment methods and their fees, and provide some practical…

What exchange rate is used for foreign trade collection? Foreign trade collection involves currency exchange between different countries and regions, so the exchange rate has become a crucial link in foreign trade transactions. Reasonable choice of exchange rate will directly affect the company’s profits. So, what exchange rate should be used for foreign trade collection?…

How long does it take for a foreign trade collection account to be unfrozen? The foreign trade industry is an indispensable part of international trade. In foreign trade business, the importance of collection accounts is self-evident. However, sometimes foreign trade collection accounts are frozen, which will not only cause losses to the company, but also…

Foreign trade collection account and basic account Introduction to foreign trade collection account Foreign trade collection account refers to the account used by foreign trade enterprises to collect foreign exchange in the process of international trade. Foreign trade collection account usually refers to the foreign exchange account opened in the bank, which is used to…

Cross-border payment industry analysis Introduction In the era of globalization, cross-border trade and international cooperation are becoming more and more frequent, and cross-border payment has become an important business activity. In this diverse environment, it is crucial to understand the industry analysis of cross-border payment. This article will conduct an in-depth analysis of the concept,…

Time regulations for cross-border collection and settlement of foreign trade When it comes to foreign trade transactions, it is crucial for companies to understand the time regulations for cross-border collection and settlement of foreign exchange. Timely payment and settlement of foreign exchange are key factors in ensuring the smooth progress of business transactions. This article…