30% Deposit, Balance Upon Receipt of Bill of Lading
This payment method is straightforward and widely used. To initiate production, a 30% deposit is required. Upon the cargo’s impending arrival at your country’s port, the remaining balance is settled. Subsequently, we will furnish you with the bill of lading, which you will present to customs for the release of your goods.
- Applicable to sea shipments only
- Balance payment due within 10–30 days after the cargo departs from China
Credit Terms
Numerous Chinese suppliers offer traditional importers an open account (O/A) payment option, enabling payment of the balance after goods receipt. We also facilitate O/A, contingent upon your company’s favorable credit and clearance of import customs in your company’s name.
Under these terms, a 30% deposit is remitted to commence production, followed by balance settlement within 30-60 days post-shipment.
- Credit limit of up to $100,000
- Up to 60 days credit period for balance settlement
Enhanced Credit Payment Options for Our Long-term Partners
Discover the ideal payment terms tailored to your business needs.
Adaptable Credit Payment Options
For buyers without their own companies or those unable to officially declare bulk imports, the O/A payment method is not applicable. To accommodate these buyers, we provide more favorable payment terms to support their business needs.
Based on your business model, duration of cooperation, and order quantities, we can either lower the deposit to below 30% or extend a credit period of up to 30 days.
Capital for Business Expansion
If your e-commerce venture is off to a promising start but you require funds for inventory and advertising, we have partnered with firms that offer risk-free loans to e-commerce businesses.
These partners assess your online store, considering factors such as revenue and business credit. They can then provide loans ranging from $5,000 to $2,000,000, with repayment structured as a percentage (typically 1-20%) of your future sales. Additionally, you’ll receive a 20% discount on our service fee when you utilize these loan services.
Easy Steps to Work with Us
Step 1
Apply to your agent. Tell us about your business.
Step 2
Your agent evaluates your business situation
Step 3
Your agent submits an internal assessment for audit
Step 4
Your agent informs you of the final payment terms
1.Wire Transfer From All Countries
Wire transfer is the most frequently used method in international trading with the lowest transfer fee ($20 to $40 based on banks for any amount of USD payments).
You can finish wire transfer by visiting local banks or using online wire transfer companies like Veem ($20 fee), Wise ($10-$30 fees). Please note we only accept USD payments.
Account Name: Jingwholesale Trading Co., Limited
Account Number: OSA15000107381345
Beneficiary Address: Room 1701, 628 Chengxin Ave, Yiwu, Zhejiang, China. Post code 322000.
SWIFT Code: SZDBCNBS
Beneficiary Bank: PINGAN BANK CO., LTD
Bank Address: NO. 5047, ROAD SHENNAN DONG, SHENZHEN, P. R. CHINA
2. Payoneer
Payoneer is quite popular with Amazon sellers to withdraw money from Amazon and arrange payment to suppliers. If you already have a Payoneer account and it has balance, you can directly pay to our Payoneer account.
Payoneer charges $0 fee for paying us in this way. But you still need to pay 0.5% more of the amount if you utilize the balance of Payoneer account as payment and 3% more of the amount if you choose other payment methods provided by Payoneer, and it’s the fee that Payoneer takes from our side. However, the total cost is still less than wire transfer, if you are paying less than $10,000.
Our Payoneer account: PAY@JINGSOURCING.COM
3. Paypal Payment (Credit Card Accept)
We accept Paypal mainly for sample orders. Your agent will create a Paypal bill and send you the link to finish the payment, or you can directly pay to our Paypal account.
If you want to pay the bulk order via Paypal, you first need to confirm with your agent if the payment is acceptable. Please note that for bulk order, you need to pay 5% more of the amount, because it’s the fee charged by Paypal from our side.
Our Paypal Account: PAY@JINGSOURCING.COM
Account Name: Yiwu Jingsourcing Ecommerce Co., Limited (义乌市兢赛电子商务有限公司)
4. Alibaba Trade Assurance
In order to provide more payment methods to meet different needs, our company has became Alibaba Gold Supplier to offer the Trade Assurance Payment service.
To finish the payment, you need to provide the Alibaba account email to your agent. Then your agent will help create a Trade Assurance Order on Alibaba, and guide you to finish the payment.
Please note that you need to pay 2% more of the amount, because it’s the fee charged by Alibaba from our side. Each payment should be less than $5,000, or we need to split the amount into several payments.
