Iran Import Customs Clearance Regulation The Importance of Payment Verification

Iran Import Customs Clearance Regulation The Importance of Payment Verification

Iranian importers must make payments to suppliers through banks under the company name and provide proof of payment to complete customs clearance. Due to U.S. sanctions, many banks refuse to accept payments from Iran, increasing transaction risks. It is advisable to ensure that payments are received before shipping and to avoid trading in products subject to sanctions to safeguard the supply chain.

07/28/2025 Logistics
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Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

Freight Forwarders Face Mounting Payment Risks in Global Supply Chains

International freight forwarders face significant financial pressures, especially after the COVID-19 pandemic. Frequent account period management has become a means for agents to control risks and ensure cash flow. With intensifying market competition and rising shipping and air transport costs, freight forwarders are compelled to be more cautious and flexible when handling receivables, making it urgent to adopt tailored collection strategies for different clients.

07/29/2025 Logistics
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Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

Fintech Firm Panpay Targets SOHO Traders with Global Payment Solutions

PanPay offers overseas bank account solutions for freelance exporters (SOHO) to receive payments. It features fast account opening, low fees, and no withdrawal restrictions. However, it doesn't support traditional payment methods, making it suitable for customers with specific needs. PanPay provides a convenient way to manage international transactions for those comfortable with modern payment systems and seeking cost-effective solutions for cross-border receivables.

Global Trade Risks Avoiding Delivery Without Bill of Lading

Global Trade Risks Avoiding Delivery Without Bill of Lading

This paper delves into the risks associated with the delivery of goods without a bill of lading in international trade and provides comprehensive prevention and response strategies. It emphasizes that foreign trade companies should adhere to the principle of payment collection, carefully select freight forwarders, and promptly obtain original bills of lading. In the event of delivery without a bill of lading, proactive legal measures should be taken to minimize losses and protect their rights.

Guide to Canadian Sales Tax for Crossborder Ecommerce

Guide to Canadian Sales Tax for Crossborder Ecommerce

This article provides an in-depth analysis of Value Added Tax (GST, HST, PST) policies for offshore companies in Canada. It focuses on Amazon's collection and remittance rules, explaining the tax obligations of cross-border sellers, types of tax registration, bond requirements, and filing procedures. It also provides information on tax payment methods. This guide aims to help cross-border e-commerce sellers operate in compliance and minimize tax risks in the Canadian market.

Tokopedia Streamlines Payments with Pingpong Integration

Tokopedia Streamlines Payments with Pingpong Integration

This article details how to use PingPong to collect payments on the Tokopedia platform, covering PingPong account registration, application for a receiving account, binding to the store backend, and the withdrawal process. PingPong aims to simplify cross-border payment collection, helping sellers manage their funds more efficiently. It provides a step-by-step guide to facilitate the process of receiving payments from Tokopedia through PingPong and withdrawing them to the seller's bank account.

Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

Zhejiang Chouzhou Bank Launches NRA Accounts to Streamline Global Trade

The Zheshang Bank NRA account is an ideal choice for foreign trade enterprises, effectively solving cross-border payment collection and foreign exchange settlement issues, and helping enterprises expand into the global market. This account features multiple advantages, including fund freedom, fee reduction, diverse channels, rich currencies, and flexible interest rates. It is suitable for enterprises with overseas trade needs, overseas registered companies, and financial institutions. Choose Zheshang Bank's NRA account for smooth global trade.

Ebay Remains Key Marketplace for Sellers Amid Ecommerce Shifts

Ebay Remains Key Marketplace for Sellers Amid Ecommerce Shifts

This article reveals the value of eBay, analyzing its advantages such as fast payment collection and fair rules. Experienced sellers can still profit through meticulous operation, making eBay a platform for strong sellers. While competition exists, strategic approaches to product listing optimization, customer service, and inventory management can lead to success. Focusing on niche markets and providing excellent customer experiences are crucial for thriving on eBay. The platform rewards sellers who understand its dynamics and adapt their strategies accordingly.

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

China's Shipping Firms Face Rising Payment Risks as Freight Rates Fall

As the number of carriers increases, competition in the transport market intensifies, making it crucial to implement effective measures to ensure timely freight payments. Risks associated with prepaid freight terms need to be clearly outlined in contracts to avoid complications in recouping fees. Furthermore, confirming the actual payer of the freight is essential. Carriers should pay attention to the details of relevant agreements to ensure smooth freight collection.

07/28/2025 Logistics
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Ebay Sellers Face Account Restrictions Over Unpaid Fees

Ebay Sellers Face Account Restrictions Over Unpaid Fees

Unpaid eBay fees can lead to traffic throttling, account suspension, damaged credit, and restricted PayPal payments. Sellers should regularly check their invoices and pay promptly to maintain a good credit record and avoid significant losses. Failing to pay fees can severely impact store visibility and overall business operations on the platform.