What are the ways to collect small amounts of foreign trade?

Generally speaking, traditional foreign trade payment methods generally include check, credit card, PayPal, wire transfer, letter of credit, Western Union and so on. And there are great differences between them.

Since it is an online shop, the offline collection channel will be directly exhausted, and the better way left is to recommend using a payment company or opening an offshore bank account.

Cross-border payment company is a kind of third-party payment company and an independent institution with certain strength and credit guarantee. It adopts the way of signing contracts with major banks to provide a transaction support platform for online payment and docking with the bank payment and settlement system.

Offshore banks are financial institutions recognized by the state with banking licenses. Compared with cross-border payment companies, offshore banks have the advantages of "flexible fund allocation" and "higher account security", and as long as they are banks, they all have certain fund settlement ability, which is unmatched by payment companies.

CBiBank Fugang Bank is a licensed commercial bank in the United States. Provide professional, fast and convenient international banking services for traditional trading, cross-border electronic commerce and overseas investment and financing customers. Customer identity security, transaction security, system and data security, KYC and anti-money laundering, four security service mechanisms ensure the safety of each user's funds.

At the same time, we provide friendly preferential policies for opening an account for every customer, with zero minimum deposit requirements, zero financial management requirements and low handling fees, thus escorting small and medium-sized enterprises to set up offshore account.