This page covers different payment options available when transferring money to suppliers in Asia. Notice that you must carefully follow the process in 4. Production & Quality Control.
Note: Please contact support before you transfer funds to a supplier using any of the payment solutions listed below.
Bank Transfer
You can pay directly to the supplier’s bank account using your internet bank or from a local bank office. In order to do so you must first obtain the supplier’s bank account details:
- Beneficiary name
- Beneficiary address
- Bank account number
- Bank
- Bank address
- SWIFT / BIC Code
- Country
Alibaba
Alibaba provides several payment solutions that enable importers to transfer funds to a bank account designated by Alibaba.com. Note that the Trade Assurance should not be relied upon as an insurance or money-back guarantee.
Learn more about Alibaba Trade Assurance
PayPal
Some suppliers accept PayPal for smaller orders and product samples. However, PayPal is rarely used for transactions above 2000 USD due to the relatively high transaction fees.