Payment Terms: Prioritize T/T advance payment + balance model. Current mainstream Russian settlement methods include VTB Bank, Frontier Bank, or agency collection (service fee approximately 10%).?
Trade terms: Recommend FOB (Russian designated freight forwarder) or CIF (your company controls logistics) to mitigate transportation risks.
II. Order Execution: Core Documentation and Logistics Processes
Document Preparation and Review
Required Documents:
Commercial Invoice (CI), Packing List, Bill of Lading (B/L).
Special Requirements: Russian parties may require additional technical documents (e.g., equipment assembly diagrams, chemical reagent certificates) - confirm checklist with clients in advance.
Logistics solution design
Selection of transportation methods:
: Comply with the Regulations Concerning the International Carriage of Dangerous Goods by Rail (RID).:China-Europe Railway Express(processing time 15-20 days), requires CIM/SMGS waybill.
Maritime Transportation+ Land Transport: After arrival at St. Petersburg/Vladivostok port, transfer to rail/road transport - note Russian customs clearance time (average 5-7 days).
Document Compliance:
Goods description must match contract to avoid customs detention (e.g., undervaluation risks).
Provide container numbers, seal numbers, and loading video archives.
Current Context: Affected by international payment restrictions, VTB has become one of the mainstream Russian settlement channels with lower fees than agency collection (approximately 7%).?
Operation process:
Client remits payment via VTB to your agency account → Your company provides receipt voucher → After foreign exchange verification, funds are settled to the principal.?
Risk Warnings:
The RUB exchange rate fluctuates significantly. It is recommended to lock in the exchange rate or agree on USD settlement.
Confirm in advance whether the VTB remittance route is restricted (dynamically monitor the Russian bank sanctions list).
IV. Follow-up Services: Tax Refund and Dispute Resolution
When your company acts as an export agent, ensure the factory issues a special VAT invoice. The tax refund will be advanced within 1-3 working days after all documents are complete.
Dispute Resolution Strategies
Logistics Disputes: For port delays caused by Russian customs clearance, pre-lodging the cargo manifest (ENS) can reduce risks through advance declaration.
Document Correction: Russian customs strictly reviews documents. It is recommended to use an AEO-certified customs broker.
V. Value-added Services of Agency
Efficiency Improvement in Document Processing:
Provide standardized templates (e.g., PI, CI, PL) to reduce clients form-filling time.
One-click declaration via the electronic port shortens the customs clearance cycle.?
Logistics Resource Integration:
Collaborate with China-Europe Railway Express agents to provide door-to-door rail + road intermodal solutions.
Track cargo status in real-time and synchronize logistics milestones (e.g., rail transshipment, border clearance) with clients.
Russian export agency services require professional and meticulous end-to-end management. From setting risk clauses in contracts to preparing compliant documents during execution, and ensuring fund security during payment collection, each step impacts trade success. ChoosingZhongShen International Tradesuch experienced professional agency services will be key to expanding into the Russian market.