Foreign exchange settlement
Our foreign exchange settlement system is directly connected to major banks in China:Bank of China, Industrial and Commercial Bank of China, Bank of Dongguan etc.Many foreign exchange currencies used in the world, such as Hong Kong dollars, US dollars and Euro, can directly settle RMB through our settlement system.It also supports RMB settlement.
We can support foreign customers' legal and compliance branches to purchase and pay in China。We can also help customers in China to complete the international settlement business of export foreign exchange collection and import foreign exchange payment.
Our company has a good contractual relationship with major banks, and the speed of foreign exchange collection and settlement at home and abroad is fast and the cost is low。After our company receives the bank remittance memo provided by the customer, the settlement of foreign exchange can be made on the same day in Hong Kong, and it usually takes 1-2 working days in other areas; Our operation is flexible, that is, settlement can also be made according to customer's instructions.
In addition to conventional foreign exchange settlement methods such as T/T (telegraphic transfer), The newly launched market procurement trade mode in China in recent years, The customs supervision code is "1039" for foreign exchange settlement in export trade mode. There is no need to open a VAT invoice for the export of 1039 market procurement trade，There is no tax refund after exemption from VAT and consumption tax. When there are many kinds of export commodities, the customs codes of commodities are classified according to major categories for customs clearance. Market procurement is a second-hand review of customs clearance, and foreign exchange collection is innovative, which can be settled in RMB.
