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Who Receives the Most Payment for Goods in Export Agency? Come and Find Out!

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Our company plans to find an export agency. I want to know in the export agency business, whether it is the entrusting party or the agency that receives more payment for goods? Are there any tricks in this? Will there be a situation where the agency deducts the payment for goods? I hope friends who are familiar with the relevant business can help me answer this, so that I can have a clear idea and make a more appropriate decision when choosing an export agency.

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Professional consultant answers

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

Foreign trade tax refund consultantConsult

In the export agency business, generally speaking, the entrusting party receives the most payment for goods. Under the export agency model, the main responsibility of the agency is to assist the entrusting party in handling export-related procedures such as customs declaration and inspection application. The payment for goods is essentially the income that the entrusting party should receive from the export of goods and is usually paid directly to the entrusting party.

The agency charges agency service fees, which are generally calculated according to a certain proportion of the export amount and are much smaller than the amount of the payment for goods. Of course, there are also special cases. For example, if the entrusting party authorizes the agency to collect the payment for goods on its behalf, the agency will deduct the agency fees after collecting it and then transfer it to the entrusting party. But this doesn't change the fact that the payment for goods mainly belongs to the entrusting party. A regular agency like Zhongshitong will operate strictly according to the contract and won't deduct the payment for goods. As long as the entrusting party chooses an agency with good reputation, there is no need to worry about the payment for goods being unreasonably withheld.

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

Senior customs declaration consultantConsult

Surely it is the entrusting party that receives more payment for goods. The agency just earns a hard-earned agency fee. The agency fee is usually not high. If one tries to fiddle with the payment for goods, it is illegal.

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

Business coordination consultantConsult

The agency's collection of the payment for goods is just a passing-through. In the end, it still has to be given to the entrusting party. After all, the goods belong to the entrusting party, and the major part of the payment for goods surely belongs to the entrusting party.

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

Market development consultantConsult

Normally, the payment for goods received by the entrusting party is the total payment for goods minus the agency fee. The agency makes a profit from the agency fee and won't take more from the payment for goods.

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

Customer service consultantConsult

The entrusting party receives more payment for goods. If the agency collects on behalf of the entrusting party, it will deduct the agency fee and then transfer it to the entrusting party. The amount of collection is determined according to the contract. A regular agency won't act recklessly.

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

International logistics consultantConsult

Of course, the entrusting party receives more payment for goods. The agency only takes the agency fee. If the agency deducts the payment for goods randomly, the entrusting party can hold it legally accountable.

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

Compliance and risk managerConsult

The entrusting party receives more payment for goods. The agency mainly earns the agency fee. As long as the contract is signed well, clearly defining the rights and obligations of each party, there is no need to worry about the payment for goods problem.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

Generally, the entrusting party receives most of the payment for goods. The agency takes the agency fee according to the agreed proportion. There won't be a situation where the payment for goods is deducted.

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

Senior foreign trade managerConsult

The entrusting party receives more payment for goods. If the agency collects on behalf of the entrusting party, it is only a temporary storage. In the end, it has to be given to the entrusting party, and there is also contract restraint.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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