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How do export agency companies usually collect money?

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I'd like to know the ways export agency companies collect money. Our company plans to find an export agency company to help handle export business, but we're not clear about how they usually collect payment. Do they charge a fee according to a certain proportion of the order amount, or do they have other charging models? Do they charge before the goods are exported or after? I hope you can introduce in detail the common ways export agency companies collect money so that I can have a clear idea.

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Professional consultant answers

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

Export agency companies have various ways of collecting money. A common way is to charge an agency fee according to a certain proportion of the order amount, such as ranging from 1% to 5%. This proportion will be adjusted according to factors such as the complexity of the business and the type of exported goods. Generally, after signing the export agency agreement, a part of the deposit will be collected in advance to carry out preliminary work, such as handling relevant export procedures. After the goods are successfully exported and the foreign exchange is received, the remaining agency fee will be settled.

In addition, some sundry fees may also be charged, such as customs declaration fees, documentation fees, etc. These fees are usually reimbursed on an actual basis. Also, some export agency companies will require that after receiving payment from foreign customers, the remaining amount will be paid to the consignor after deducting the agency fee and related sundry fees. The charging methods of different export agency companies may vary. Before cooperation, it is necessary to clearly define all charging details and payment time nodes in the contract.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

Some export agency companies will negotiate with the consignor that after the payment from foreign customers arrives in the account, the agency fee will be deducted and the remaining amount will be immediately transferred to the consignor. This is more favorable for the capital flow of the consignor.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

Some export agency companies will charge fees according to the quantity of exported goods, for example, charging a certain amount for each piece, which is suitable for the export agency of products with a low value but a large quantity.

David Li
David LiYears of service:6Customer Rating:5.0

Senior customs declaration consultantConsult

Besides charging the agency fee according to the proportion, it is also possible to charge separately for specific services. For example, a separate fee will be charged for the handling of the certificate of origin, usually around several hundred yuan.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

Some export agency companies will stipulate that after the goods are loaded on the ship and shipped out, most of the agency fee will be charged, which can protect their own interests during the service process.

Joseph Zhou
Joseph ZhouYears of service:10Customer Rating:5.0

Senior foreign trade managerConsult

For long-term cooperative customers, export agency companies may offer preferential charging methods, such as reducing the proportion of the agency fee or waiving some sundry fees.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

Some export agency companies will advance the payment for the goods to the consignor first, and then deduct the agency fee and the advanced payment after receiving the foreign exchange. However, this method may require the consignor to have better qualifications.

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

If tax refunds are involved, some export agency companies will wait until they get the tax refund amount and then deduct a certain proportion as the service fee.

Jennifer Wang
Jennifer WangYears of service:4Customer Rating:5.0

Market development consultantConsult

Occasionally, you may also encounter export agency companies that require the consignor to pay the full agency fee first and then start the business. However, this situation is relatively rare.

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