Payment Terms_CHANGSHA STIN BUSINESS SERVICE CO.,LTD

Payment Terms

STIN Bank Details:
Here is our bank information for your reference when you pay us via different ways:

By T/T:

From August 1, 2019, we are using our new official bank account to receive cost from our clients worldwide:

For USD account:
Account ONE:

Bank Name: Deutsche Bank AG, Hong Kong

Beneficiary: CHANGSHA STIN BUSINESS SERVICE CO., LTD

Bank Address: 57/F, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong

SWIFT/BIC Code: DEUTHKHH (DEUTHKHHXXX * If 11 characters are required)

Account Number: 9988001081311 ( for USD only)

Country/Region: Hong Kong

Type of Account: Business Account

Bank Code: 054

Branch Code: 895* If paying from Hong Kong banks

Remark: For the payment of goods, please make a SWIFT(T/T) or CHATS(HK Local) Payment

Please include the following memo/message to receiver when making a payment:

[Buyer Name] [Invoice/Contract Number] [Product]

Account TWO:

Beneficiary Bank Name: ICBC Changsha Branch

SWIFT CODE: ICBKCNBJHUN

Bank Add: No.579, Tongzipo Road, Yuelu District, Changsha, Hunan

Account No: 1901008019200145970 ( for USD only)

Beneficiary: CHANGSHA STIN BUSINESS SERVICE CO., LTD

(Note: As our full company is too long, please do not forget to write down our full company name in other parts of the bank slip during the payment transfer by T/T. )

For RMB account:

Beneficiary Bank Name: ICBC Changsha Branch

SWIFT CODE: ICBKCNBJHUN

Bank Add: No.579, Tongzipo Road, Yuelu District, Changsha, Hunan

Account No: 1901102709100015410 ( for RMB only)

Beneficiary: CHANGSHA STIN BUSINESS SERVICE CO., LTD

(Note: As our full company is too long, please do not forget to write down our full company name in other parts of the bank slip during the payment transfer by T/T. )

By Western Union (www.westernunion.com) or Money Gram (www.moneygram.com):

Given name (First name): YULIN
Family name (Last name/Surname): YUAN
Add: Room 1001, Building 8, Wangxingjingyuan Community, Fenglin Road, Changsha, Hunan, China
P/C: 410205
Tel: 0086-731-88167488

(WU is catered for small amount service fee and urgent cases in China as we need only 30 minutes to get the payment. )

By Paypal:

Paypal Account: bizinchina1@gmail.com

(Note: As no Chinese companies are allowed to withdraw from Paypal directly in China at present, so Chinese companies have to transfer the payment from Paypal to their local bank accounts first and Paypal charges too much for this transfer service, at least 35-45 USD per time, in this case, the client is required to bear part of the transfer fee incurred if they insist on using Paypal services in China. )

L/C is only accepted for LARGE orders in China.
Any other payment methods can be negotiable and acceptable case by case!

STIN Payment Terms for service fee:

1. For any service fee amounting over 100,000 USD, we accept L/C or T/T and other terms can be discussed case by case.

2. For any service fee amounting to 10,000---100,000 USD (not covering 10000 USD), we accept T/T, PayPal, Money Gram or Western Union, and other terms and conditions can be discussed case by case.

3. For any service fee amounting to 1000-10,000 USD (not covering 1000 USD), we prefer to be paid via T/T, PayPal, Money Gram, or Western Union, and we shall be paid 40%--60% in advance as down payment to make sure you'll employ our service in China.

4. For any service fee amounting less than 1000 USD (covering 1000 USD), we prefer to be paid via T/T, PayPal, Money Gram, or Western Union, and we shall be paid 100% in advance for sake of better preparation at our end. For some special cases, it can be negotiable before payment.

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