Comments on: The Best Ways to Pay Your Chinese Suppliers https://www.ecomcrew.com/paying-for-your-goods/ Start and Grow Your Ecommerce and Amazon Business Tue, 23 May 2023 19:49:33 +0000 hourly 1 https://wordpress.org/?v=6.5.3 By: Edwin David https://www.ecomcrew.com/paying-for-your-goods/#comment-59556 Tue, 23 May 2023 19:49:33 +0000 http://chineseimporting.com/?p=68#comment-59556 Hello Dave, Our company recently placed an order with Chineese supplier. The product got ready and we made external party do QC of product. Then they came back stating they wont be able to ship the product. They are not revelaing what the exact issue. Finally they have agreed to refund back the full amount, but its over one week no response from them. What can we do from US to get back the money.

]]> By: Dave Bryant https://www.ecomcrew.com/paying-for-your-goods/#comment-47724 Sun, 12 Jun 2022 00:46:50 +0000 http://chineseimporting.com/?p=68#comment-47724 In reply to Akshit.

Try Jungle Scouts supplier database.

]]> By: Akshit https://www.ecomcrew.com/paying-for-your-goods/#comment-46827 Tue, 10 May 2022 08:15:06 +0000 http://chineseimporting.com/?p=68#comment-46827 Hello Dave,

Thank you for all the information you have provided so far, it helps a lot. I have a question, I am in talks with a few brand I found online for import of flasks, how can check the authenticity of supplier/manufacturer?

]]> By: Dave Bryant https://www.ecomcrew.com/paying-for-your-goods/#comment-33847 Tue, 06 Jul 2021 18:09:14 +0000 http://chineseimporting.com/?p=68#comment-33847 In reply to Edwin.

The bank normally requires you to have the funds in your bank account for whatever amount that letter of credit is for. It’s basically like escrow.

]]> By: Edwin https://www.ecomcrew.com/paying-for-your-goods/#comment-33010 Wed, 02 Jun 2021 02:31:40 +0000 http://chineseimporting.com/?p=68#comment-33010 Hi Dave,
Doesn’t a letter of credit helps if you don’t have cash flow? For example, if my customer wants to make an order of 150,000 and I don’t have the money, I ask my client for a letter of credit. Then, I go to my bank and they issue a letter of credit for me and I use that to pay the factory?

]]> By: Dave Bryant https://www.ecomcrew.com/paying-for-your-goods/#comment-25972 Tue, 18 Aug 2020 22:25:42 +0000 http://chineseimporting.com/?p=68#comment-25972 In reply to Liezl Trabucon.

Don’t know, but it’s pretty common to have HK information.

]]> By: Liezl Trabucon https://www.ecomcrew.com/paying-for-your-goods/#comment-25821 Mon, 10 Aug 2020 12:38:37 +0000 http://chineseimporting.com/?p=68#comment-25821 I have a supplier in china, she gave me the full details of bank account name and number of the company thru Wire bank transfer process. But the bank name and address was in hongkong. Do you think she’s a legit supplier

]]> By: Dave Bryant https://www.ecomcrew.com/paying-for-your-goods/#comment-18249 Thu, 14 Nov 2019 18:52:30 +0000 http://chineseimporting.com/?p=68#comment-18249 In reply to Eva.

The western union is very fishy. I’d be very careful. Even a wire payment where you can see the exact name of the company it’s going to is more secured.

]]> By: Eva https://www.ecomcrew.com/paying-for-your-goods/#comment-18245 Thu, 14 Nov 2019 17:51:20 +0000 http://chineseimporting.com/?p=68#comment-18245 My husband is interested in buying a mini excavator from China off of an app. The supplier has asked for payment via western union and wants full amount..I dont trust this, also he said at first we had to pick up at a Chinese port. Now hes saying he can ship to us in the US. Not sure if there legit.

]]> By: David Bryant https://www.ecomcrew.com/paying-for-your-goods/#comment-2205 Tue, 25 Oct 2016 03:42:09 +0000 http://chineseimporting.com/?p=68#comment-2205 In reply to Christeen Coggan.

Hi – way too broad of a question! But check out fleet.com for forwarders.

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