Current location - Loan Platform Complete Network - Foreign exchange account opening - Cross-border electronic commerce settlement method process
Cross-border electronic commerce settlement method process
1, the most primitive is bank remittance or wire transfer. Long cycle, troublesome handling, low efficiency and high cost in all aspects;

2. Common "toC" local payment tools, such as WeChat Alipay PayPal, are suitable for local businesses that have become popular and are beneficial to businesses in terms of policies;

3. International credit card collection. Common international cards are visa, masterc, jcb, ae, dc, etc. The payment company obtains the authorization of the bank, and then provides the collection channel for foreign trade merchants to use, so that foreign trade merchants can let users directly input the information related to the international card on the webpage or APP to make payment easily, which is convenient, fast and has a good experience, and is conducive to the second payment.

4. At present, global information is becoming more and more convenient, and it is widely used to directly handle multi-currency accounts and operate remittance, remittance and transfer by itself. There are more domestic banks: Standard Chartered Bank. Overseas bank: CBi Bank of America.

Time period: transnational, unlike domestic seconds, it usually takes about 3 working days.

Total foreign exchange flow:

First, remittance is made in an overseas bank, and the remittance is remitted by the overseas bank to the domestic payee bank through overseas foreign exchange clearing institutions such as SWIFT (or Western Union, Moneymax, etc.). ). The bank keeps an account in the form of landing for liquidation, and notifies the payee to cancel the payment. The payee checks his information in the bank, and then the foreign exchange is really remitted to the payee's bank account.