How to make payment to a supplier in China under current conditions?
Transfers are carried out under a foreign agency agreement in strict compliance with Federal Law No. 173 and the Russian Federation’s foreign exchange control requirements. Funds reach the counterparty in CNY or USD via correspondent accounts of banks in friendly jurisdictions or through the CIPS system, with no blockages or intermediate holdings.
What payment instruments are available?
- Direct SWIFT bank transfers with a full package of universal transfer documents (UTD) and customs declarations
- Documentary letters of credit (L/C) for contracts from USD 50,000
- Agency schemes with deferred payment after cargo acceptance at EAEU customs
- Regular tranches under framework agreements for serial procurement
How to link payments to the delivery of industrial rolled metal products?
The payment schedule is synchronised with the production and shipment stages. Prior to the funds transfer, our office in China verifies the factory and cross-checks the chemical composition and geometry of the rolled products against your technical specifications. Financial risks are transferred to the agent; you pay only for confirmed quality and volume.
What terms and volumes do we handle?
| Parameter | Condition |
| Minimum volume (rolled metal products) | from 20 tonnes per batch |
| Delivery term | FOB, CIF, DDP (Incoterms 2020) |
| Contract currency | CNY, USD, RUB |
| Supplier credit timeline | 1–3 working days |
| Certification standards | GB/T, GOST, DIN, ASTM |
Cross-check against GOST, GB/T, DIN, ISO. Verification of heat certificates and chemical composition.
We work with rolled metal products batches from 20 tonnes (MOQ).
Ultrasonic flaw detection, wall thickness measurement, geometry inspection, anti-corrosion coating control.
How is the supplier verification carried out before the transfer?
The process is transparent and clearly regulated. You have control at every stage with no hidden charges and no additional approvals.
Physical on-site production audit by our resident in China
Sample collection and laboratory cross-check against declared GOST/DIN specifications
Verification of financial stability and absence from sanctions registers
Signing of a tripartite agency agreement with a fixed payment schedule
What do you receive as an outcome?
Full elimination of foreign exchange, logistics and compliance risks. You lock in the price and delivery terms, while EV Group China handles currency conversion, foreign exchange control, customs clearance and final delivery to your warehouse.
What guarantees of legality of operations are provided?
All transactions pass through licensed payment gateways with mandatory foreign exchange control clearance at the Central Bank of the Russian Federation. We provide detailed reports, consolidated payment documents and completion certificates for accounting and tax purposes. The commission is transparent, fixed in the contract and includes no hidden agency mark-ups.