Payment is where import deals get risky. Knowing your protection options keeps your money safe while keeping suppliers happy.
Why Payment Safety Matters
Scammers and bad suppliers exist. Sending 100% advance payment on a new relationship is the most common way buyers lose money.
Payment Options Compared
- T/T wire transfer — standard, but risky with 100% advance
- Trade Assurance (Alibaba) — platform escrow, releases payment after inspection
- Letter of Credit — bank-guaranteed, safer for large orders
- Escrow services — third-party holds funds until conditions are met
Best Practices
- Never pay 100% upfront on a first order
- Typical split: 30% deposit, 70% balance after inspection
- Use platforms with payment protection where possible
- Verify the receiving account matches the supplier’s business license
Structure Payments to Protect Yourself
Link each payment stage to a milestone — deposit after contract, balance after inspection. This keeps leverage in your hands until goods meet spec. Our team can structure safe payment terms for your deal.