Payment Methods of Chilean Customers and Prevention of Delayed Payment
In China, when an enterprise receives a remittance from overseas, if it does not have a foreign exchange account, the bank will exchange the foreign currency into RMB for the enterprise according to the exchange rate of the day and transfer the RMB into the enterprises account. The enterprise needs to complete the declaration and verification through the export foreign exchange collection network verification system. The methods of foreign exchange settlement include mandatory foreign exchange settlement, voluntary foreign exchange settlement and quota - based foreign exchange settlement. Among them, mandatory foreign exchange settlement is the mainstream, some enterprises can implement quota - based foreign exchange settlement, and individuals mainly adopt voluntary foreign exchange settlement.
PSB Record: Shanghai No.31011502009912
