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.
Professional consultant answers
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 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 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 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 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 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 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 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 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.