Cross-border payment (1) Efficient payment collection and fast cash withdrawal. Lianlian Pay allows users to enjoy the ultimate payment collection experience, withdraw cash at any time, and quickly receive the funds. (2) Safe, reliable, compliant and transparent. Lianlian Pay has both domestic and overseas payment licenses and can complete the entire chain of funds circulation…
Under normal circumstances, the applicant for a letter of credit can only get the documents if he pays in full. However, if the importer wants to obtain financing, he can also apply to the issuing bank for borrowing the documents with the trust receipt. Obviously, this financing has nothing to do with the beneficiary, and…
Things to note when modifying a letter of credit (1) Understand the boundary between modification and non-modification. (2) The contents that need to be modified should be proposed at one time as much as possible. (3) For the modification of the letter of credit made unilaterally by the applicant, the beneficiary has the right to…
Cross-border logistics (1) Pay with your heart, ushering in the era of logistics IOUs. Pay with your heart is a new cross-border logistics payment experience launched by Lianlian Pay. It allows you to pay after you deliver the goods, with interest-free periods of up to 45 days and a logistics credit limit of up to…
1) Bill of Exchange The name and address of the payee of the bill of exchange must be correct; the amount on the bill of exchange must be consistent in uppercase and lowercase; the payment period must comply with the provisions of the letter of credit or contract (under non-letter of credit payment conditions); the…
According to different classification standards, promissory notes can generally be divided into the following types. 1. Registered promissory notes, bearer promissory notes and order promissory notes This classification is based on whether the right holder is recorded on the promissory note. A registered promissory note (also known as a bill of lading) refers to a…
LianLian YinTong Electronic Payment Co., Ltd. (hereinafter referred to as “LianLian Payment”) is a professional third-party payment institution and a leading industry payment solution provider in China. The company was established in Hangzhou Hi-Tech Zone in 2003 with a registered capital of RMB 325 million and is a wholly-owned subsidiary of LianLian Group. LianLian Payment…
The basic parties to a letter of credit include the applicant, the issuing bank and the beneficiary, and other parties include the notifying bank, the negotiating bank, the confirming bank, the paying bank, the reimbursing bank, the accepting bank, etc. 1. Applicant The applicant (applicant), also known as the opener, is the party who applies…
Characteristics of LianLian Pay’s cross-border e-commerce payment and settlement 1) Convenient and fast For domestic Amazon merchants to withdraw cash through LianLian Pay, the fastest arrival speed is 6-7 seconds, and the withdrawal can generally be received within 2 hours. The arrival time for withdrawals from PayPal accounts is 3-4 days, which is still faster…
LianLian Pay security features 1) Regulatory compliance LianLian Pay strictly abides by the financial regulatory policies of many places around the world, always adheres to compliance first, and has more than 50 payment licenses and related qualifications at home and abroad, which can escort every transaction of users. 2) Security certification LianLian Pay has complete…