{"id":9876,"date":"2024-04-28T09:46:20","date_gmt":"2024-04-28T09:46:20","guid":{"rendered":"https:\/\/xinjuexin.com\/?page_id=9876"},"modified":"2024-04-28T09:54:40","modified_gmt":"2024-04-28T09:54:40","slug":"terms-of-payment","status":"publish","type":"page","link":"https:\/\/xinjuexin.com\/terms-of-payment\/","title":{"rendered":"Terms of Payment"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"9876\" class=\"elementor elementor-9876\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3f2f4b5 e-flex e-con-boxed e-con e-parent\" data-id=\"3f2f4b5\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\n\t\t<div class=\"elementor-element elementor-element-a42ad7a elementor-widget elementor-widget-heading\" data-id=\"a42ad7a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 11-03-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Terms of Payment<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0eec2c8 e-flex e-con-boxed e-con e-parent\" data-id=\"0eec2c8\" data-element_type=\"container\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8f6d5cc elementor-widget elementor-widget-text-editor\" data-id=\"8f6d5cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.20.0 - 11-03-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<div class=\"elementor-element elementor-element-1ad0ad3 elementor-widget elementor-widget-wd_text_block\" data-id=\"1ad0ad3\" data-element_type=\"widget\" data-widget_type=\"wd_text_block.default\"><div class=\"elementor-widget-container\"><div class=\"wd-text-block reset-last-child text-left\"><div class=\"elementor-element elementor-element-2c6b784 elementor-widget elementor-widget-wd_text_block\" data-id=\"2c6b784\" data-element_type=\"widget\" data-widget_type=\"wd_text_block.default\"><div class=\"elementor-widget-container\"><div class=\"wd-text-block reset-last-child text-left\"><p>Xinjuexin supports various payment terms, eg: T\/T, Western Union, L\/C, Alibaba Trade Assurance Payment, Paypal, etc., negotiable.<\/p><p><span style=\"font-size: 18pt; color: #2d30c0;\"><strong>What is a T\/T Transfer Payment?<\/strong><\/span><\/p><p>A T\/T payment, or TT for short, telegraphic transfer, telex transfer, also referred to as wire transfer, is one of the payment methods. Payment by telegraphic transfer is widely accepted all over the world. Put simply, it is a bank transfer, in this case, between the importer\u2019s and the supplier\u2019s banks. Next to an LC (letter of credit, L\/C) payment, T\/T is one of the most popular payment methods, especially when doing business in Asia.<\/p><p><span style=\"font-size: 18pt; color: #2d30c0;\"><strong>How to Make a Payment by T\/T Transfer (Telegraphic Transfer)?<\/strong><\/span><\/p><p>T\/T payment is made from your bank account. You can contact your bank to obtain the form (if not available) and fill it according to the details provided by the supplier. You can also select T\/T as your preferred payment method when placing an order on platforms like\u00a0Alibaba. It is recommended to send a confirmation of payment to the contractor.<\/p><p>Each transfer requires the name of the recipient\u2019s bank, the bank\u2019s SWIFT code, and the recipient\u2019s bank account number. The SWIFT code consists of letters and numbers that identify the institution where the recipient has an account. On the invoice, you can find a BIC (Business Identifier Code), which is, in fact, a code assigned by SWIFT.<\/p><p><span style=\"font-size: 18pt; color: #2d30c0;\"><strong>What is Western Union\u00a0<\/strong><strong>M<\/strong><strong>oney\u00a0<\/strong><strong>T<\/strong><strong>ransfer?<\/strong><\/span><\/p><p>This is an international money transfer service that can be transacted in more than 200 countries and territories. That is, if you have relatives and friends abroad within the range supported by Western Union, you can transfer or receive money quickly in just 5 minutes to 1 hour.<\/p><p><span style=\"font-size: 18pt; color: #2d30c0;\"><strong>How to Pay by Western Union?<\/strong><\/span><\/p><p>Send money through the Western Union website. Click the Send Money link on the Western Union homepage. Select Send Online. Fill out the form, and choose how you want to pay. You can either send the money with a credit or debit card, or with your bank account.<\/p><p><span style=\"color: #2d30c0; font-size: 18pt;\"><strong>What is an L\/C ?<\/strong><\/span><\/p><p>L\/C in trade means the guarantee letter issued by the L\/C issuing bank at the request of the importer. In L\/C, the L\/C Issuing Bank promises to pay the price on behalf of the importer. In addition, this promise has the condition that there is no discrepancy of exporters.<\/p><\/div><\/div><\/div><div class=\"elementor-element elementor-element-73b7052 elementor-widget elementor-widget-wd_text_block\" data-id=\"73b7052\" data-element_type=\"widget\" data-widget_type=\"wd_text_block.default\"><div class=\"elementor-widget-container\"><div class=\"wd-text-block reset-last-child text-left\"><p>How to Pay by L\/C (Letter of Credit)<\/p><p>1.The importer arranges for the issuing bank to open an LC in favor of the exporter.<\/p><p>2.The issuing bank transmits the LC to the nominated bank, which forwards it to the exporter.<\/p><p>3.The exporter forwards the goods and documents to a freight forwarder.<\/p><p>4.The freight forwarder dispatches the goods and either the dispatcher or the exporter submits documents to the nominated bank.<\/p><p>5.The nominated bank checks documents for compliance with the LC and collects payments from the issuing bank for the exporter.<\/p><p>6.The importer&#8217;s account at the issuing bank is debited.<\/p><p>7.The issuing bank releases documents to the importer to claim the goods from the carrier and to clear them at customs.<\/p><p><span style=\"color: #2d30c0; font-size: 18pt;\"><strong>What is\u00a0<\/strong><strong>Alibaba Trade Assurance Payment<\/strong><\/span><\/p><p>Xinjuexin is one of the few verified members on Alibaba.com\u00a0<\/p><p>Trade Assurance is a built-in protection service that covers orders places on and paid for through Alibaba.com. Trade Assurance protects the buyer in the event that the supplier failed to ship on time or the product quality varies from what has been agreed upon.<\/p><p><span style=\"color: #2d30c0; font-size: 18pt;\"><strong>How\u00a0<\/strong><strong>C<\/strong><strong>an\u00a0<\/strong><strong>B<\/strong><strong>uyer\u00a0<\/strong><strong>P<\/strong><strong>ay for a Trade Assurance\u00a0<\/strong><strong>O<\/strong><strong>rder?<\/strong><\/span><\/p><p>Pay online via Alibaba.com\u2019s secure payment plateform. Alibaba currently accept the following payment methods for Trade Assurance orders: Credit Card, T\/T (Bank Transfer), Paypal, Online Transfer, Western Union, PayLatter, and Boleto. If buyers are unsure of how to process the payment, pls click on the preferred method above to learn more.<\/p><p><span style=\"color: #2d30c0; font-size: 18pt;\"><strong>What is PayPal?<\/strong><\/span><\/p><p>PayPal Holdings, Inc. is an American multinational financial technology company operating an\u00a0online payments system\u00a0in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods such as checks and money orders.<\/p><p><span style=\"color: #2d30c0; font-size: 18pt;\"><strong>How to pay online with PayPal?<\/strong><\/span><\/p><p>Selecting to pay online through PayPal requires a quick login into your account. Once you finish confirming payment in your account, you\u2019ll get redirected back to the merchant site to finish off the purchase. Making payments to other Paypal users is even easier.<\/p><\/div><\/div><\/div><\/div><\/div><\/div>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Terms of Payment Xinjuexin supports various payment terms, eg: T\/T, Western Union, L\/C, Alibaba Trade Assurance Payment, Paypal, etc., negotiable. What is a T\/T Transfer Payment? A T\/T payment, or TT for short, telegraphic transfer, telex transfer, also referred to as wire transfer, is one of the payment methods. Payment by telegraphic transfer is widely [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_theme","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-9876","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terms of Payment - Dongguan Xinjuexin Plastic Hardware Products Factory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/xinjuexin.com\/terms-of-payment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terms of Payment - Dongguan Xinjuexin Plastic Hardware Products Factory\" \/>\n<meta property=\"og:description\" content=\"Terms of Payment Xinjuexin supports various payment terms, eg: T\/T, Western Union, L\/C, Alibaba Trade Assurance Payment, Paypal, etc., negotiable. 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