1.?Export Agency??Forex Settlement?What is the basic process?

The standardized foreign exchange collection process consists of three core stages:Advance foreign exchange filing → Goods export clearance → Foreign exchange verification and settlement. Taking the 2023 customs data as an example, 80% of foreign exchange collection disputes stem from improper process coordination. The specific steps include:

• Sign a tripartite agreement (exporter, agent, foreign buyer)
• Advance payments must be completed with foreign exchange declaration before the goods are exported.
• The agency company handles foreign exchange deposit based on the customs declaration form.
• Settle in domestic currency according to the agreed cycle.

2. What fees are involved in agency foreign exchange collection?

Special attention should be paid to the cost structure.Hidden CostsThe fees charged by authorized agents should include:

• Basic service fee (typically 0.3-0.8% of the collection amount)
• Bank charges (SWIFT fees, account entry fees, etc.)
• Exchange rate difference (reference: Bank of China's spot exchange buying rate)
• Special circumstance fees:
  • Long - term?Foreign exchange settlement?Lock in costs
  • Abnormal Payment Investigation Fee

III. How do different settlement methods affect foreign exchange receipts?

According to the latest 2025 Foreign Exchange Administration guidelines, the risk levels associated with the main settlement methods are as follows:

• T/T Telegraphic Transfer: Fast payment but requires pre-approval of buyer's creditworthiness
• L/C?L/C?: The bank guarantees but the document requirements are stringent.
• DP collection: Ownership risk coexists with foreign exchange collection risk.
• OA credit sales：Export credit insurance is required.

4. How long does the collection cycle usually take?

The average processing period from foreign exchange receipt to RMB credit isin accordance with the agreement., depending on:

• Bank processing time limit (cross-border clearing system selection)
• Document Completeness (complete customs clearance documents must be provided)
• Compliance Review of Foreign Exchange Source Countries (Focus on Sanctioned Regions)

5. How to verify the foreign exchange receipt qualification of an agency company?

Three core documents must be verified:

• Foreign exchange administration issued"List of Enterprises for Trade-Related Foreign Exchange Receipts and Payments"Registration Certificate
• Issued by the bankQualification for Cross-border RMB Settlement Business
• In the past six monthsRecords of International Payments Declarations

6. What should I do if foreign exchange cannot be settled normally?

Please follow the steps below to troubleshoot:

• Please confirm whether the nature of the payment belongs to goods trade.
• Check the matching degree between the declared customs value and the received payment amount (a deviation of ±5% is allowed).
• Please provide complete logistics documents and trade contracts.
• Apply when necessary.Special Refund Business

7. What are the compliance red lines for agency foreign exchange collection?

Key Focus Areas for Foreign Exchange Regulation in 2025:

• Strictly prohibited.Construct trade background?Forex Settlement?
• Prohibited to pass through.Third-party paymentCircumventing regulation
• ?E-commerce?Income and expenses must match.9710/9810Supervision code
• For single transactions exceeding $50,000,Due diligence

8. What details should be paid attention to when selecting a foreign exchange collection agent?

It is recommended to focus on the following:

• The contract clearly statesExchange rate locking mechanism
• (Pay attention to the completeness of declaration elements)Bank receipt slipOriginal copy
• ConfirmPetty cash plan(Dealing with Sudden Foreign Exchange Controls)
• VerificationHistorical foreign exchange settlement time limitrecords from past three years