Īfter finalizing the deal, log in to the business account in. Its acceptance is low for international transactions. It ensures the buyer’s security and supplier’s payment assurance.Įscrow is normally used for transactions within China. This method helps reduce the risks due to a long time between goods ordering and receiving. If the buyer rejects the low-quality goods, he must provide sufficient proof. This widely accepted method prioritizes buyer satisfaction.Įscrow keeps the payment of suppliers until clearance from the buyer side. It is one of the most secure Alibaba international payments methods. Secure Payment (Escrow Payment)Īlibaba uses Alipay to complete the payment process for a credit or debit card. Someone else might own the account, and the supplier can refuse to accept that payment later on. The supplier might claim that it is the Chinese bank account of his business partner. For instance, it shows different titles other than the manufacturing company. You should also avoid transferring money to a suspicious Chinese account. Never make money transfers to a country other than the company belongs. To use bank transfer, you must ensure that the beneficiary company is listed on. The better way to transfer money is to use services. To transfer money through international wires, you need the following information: What is the procedure of bank wire transfer? It takes 2-4 working days to complete the wire transfers process.

ProsĪ wire transfer service is about $40 to $50. Instead, always ask for a company business account to send money to China. Never send money to the supplier’s personal account. Otherwise, you might lose your money to a scammer. You should only use wire transfers with trustable suppliers. Therefore, the fraud risks increase for both suppliers and buyers. There is no guarantee for both parties unless they have a strong relationship. Usually, people visit to find the appropriate Chinese suppliers. You must make complete payment before dispatching goods.

International wire transfers are the most insecure method to pay Chinese suppliers. The following is a brief introduction to all the payment methods.

You can choose the suitable one to send money to China. There are various payment methods available on Alibaba.

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