Payment Methods

Safe, simple, and flexible payments.

Accepted payment methods for stretch film orders, including currency, deposit terms, and bank details.

Effective Date: August 13, 2026

Shandong Fangsi Import and Export Co., Ltd. offers several secure payment options for international buyers. Payment terms are confirmed on each Proforma Invoice (PI).

1. Accepted Payment Methods

  • T/T (Bank Wire Transfer) — The most common method for bulk orders. Accepted in USD, EUR, and CNY.
  • L/C (Letter of Credit) — Irrevocable L/C at sight, for orders above USD 30,000.
  • PayPal — Accepted for sample orders and small quantities (typically under USD 3,000).
  • Western Union / MoneyGram — Available for small or urgent payments.
  • Credit Card — Available for samples through PayPal’s gateway.
  • Alipay / WeChat Pay — Available for clients paying in CNY.

2. Standard Payment Terms

  • New customers: 30% T/T deposit, 70% balance against copy of B/L.
  • Established customers: Net 30 days or 50/50 split, subject to credit review.
  • Large orders > USD 50,000: Negotiated milestones (e.g., 30/70 or 20/30/50).
  • L/C: Irrevocable L/C at sight, confirmed by a top-tier bank.

3. Supported Currencies

We accept payment in:

  • USD (US Dollar) — preferred
  • EUR (Euro)
  • CNY (Chinese Yuan)
  • GBP (Pound Sterling) — on request
  • AUD (Australian Dollar) — on request

Currency conversion fees charged by receiving banks are the responsibility of the buyer.

4. Bank Details

Official bank details are provided on the signed Proforma Invoice. We never change bank details after the PI is issued without prior written confirmation. If you receive any email asking for payment to a different account, please verify with us by phone before transferring.

Anti-fraud notice: Our bank account information stays consistent. Please ignore any email claiming to update payment details — this is a common scam pattern.

5. Payment Schedule

  1. PI signed and returned by buyer
  2. Deposit received (30% standard) → production begins
  3. Goods manufactured and inspected
  4. Buyer photo / video confirms goods are ready
  5. Balance received → goods released for shipment
  6. B/L sent to buyer after loading

6. Payment Security

  • All bank details are verified by our finance team before each PI is issued.
  • Alibaba Trade Assurance is available on request.
  • Sample orders can be paid through PayPal’s buyer protection program.

7. Taxes & Duties

Buyers are responsible for import duties, VAT, and customs clearance in their country unless otherwise agreed (DDP terms). We provide all necessary documentation to support your clearance.

8. Late or Failed Payments

If a payment is delayed, the order’s production schedule may be pushed back. Repeated late payments may result in a switch to 100% upfront payment for future orders. We will always communicate in writing before any change.

9. Contact Finance

All official quotations and invoices are issued by Shandong Fangsi Import and Export Co., Ltd. Tax ID and registration number are available on request.