I.Export agentMust foreign exchange receipt be through a designated account?

According to the latest foreign exchange management regulations in 2025, foreign exchange receipt by export agents must followThe Principle of 'Who Exports, Who Receives Payment'. In actual operations, there are two compliant models:

• Direct foreign exchange receipt model: The foreign merchants payment is directly remitted into the account of the export enterprise, and the agency company provides customs declaration and tax refund services.
• Agency foreign exchange receipt model: Receive foreign exchange through the account of an agency company with cross - border payment qualifications, and a complete set of customs declaration documents is required.

II. What are the risk prevention measures for agency foreign exchange receipt?

In the international trade environment in 2025, it is recommended to adopta three - level risk prevention and control system:

• Pre - event review:
  • Verify the credit rating of foreign merchants (it is recommended to use international certifications such as Dun & Bradstreet)
  • Confirm the consistency of trade terms and payment terms
• During - event monitoring:
  • Use blockchain technology to track the matching of logistics and capital flow
  • Establish an exchange rate fluctuation early - warning mechanism
• Post - event guarantee:
  • Insure export credit insurance (such as products of China Export & Credit Insurance Corporation)
  • Set up a risk reserve account (it is recommended to retain 3% of the transaction amount)

III. What is the impact of different settlement methods on foreign exchange receipt?

Based on the operational experience of Fortune 500 companies, comparison of main settlement methods:

• TT (Telegraphic Transfer): Fast arrival (1 - 3 working days), but a 30% deposit needs to be prepaid.
• LC (Letter of Credit): Bank credit guarantee, but the cost is as high as 0.5 - 1.5%.
• DP (Documents against Payment): The usage rate in emerging markets in 2025 has increased to 38%.
• OA (Open Account): It is recommended to match with China Export & Credit Insurance Corporation, and the account period should not exceed 90 days.

IV. What essential documents are required for agency foreign exchange receipt?

The basic document list required by the General Administration of Customs in 2025:

• Original customs declaration form (needs to match the amount of foreign exchange receipt)
• Proforma Invoice (indicate the agency agreement number)
• Foreign exchange receipt and payment declaration form (the electronic version needs to be uploaded to the single window synchronously)
• Agency agreement (clearly define the terms for the division of foreign exchange receipt responsibilities)

V. How long does the foreign exchange receipt cycle usually take?

Time nodes under normal circumstances (taking European and American customers as an example):

• Advance payment: Within 3 working days after the contract is signed
• Final payment:
  • After the bill of lading for sea transportation is issued: 5 - 7 working days (TT method)
  • After the letter of credit is presented: 7 - 10 working days (excluding discrepancies)
• Foreign exchange verification and write - off: Completed within 15 natural days after foreign exchange receipt

VI. How to deal with losses caused by exchange rate fluctuations?

The exchange rate risk management portfolio recommended by professional agency companiesLock in the forward exchange rate (3 - 6 months in advance):

• Use multi - currency settlement accounts (the proportion of US dollars, euros, and RMB each)
• Apply for bank foreign exchange option products (suitable for orders over one million US dollars)
• Monitor the international exchange rate market in real - time (recommend the Refinitiv data platform)
• Monitor the international exchange rate market in real time (Recommend the Refinitiv data platform)

VII. How to receive foreign exchange for special trade methods?

Foreign exchange collection solutions for common special trades in 2025:

• Cross-border e-commerce: Settlement of foreign exchange through licensed payment institutions (such as PingPong, Payoneer)
• Market procurement trade: Applicable to the customs supervision code 1039, allowing RMB settlement
• Foreign contracted projects: It is necessary to provide the project filing form and the foreign business qualification certificate
• Bonded area trade: Adopting a Dual-Track System of 'Offshore Account + Zone Settlement'

Special reminder: In 2025, the Peoples Bank of China has upgradedthe Cross - border RMB Receipts and Payments Information Management System (RCPMIS). It is recommended that enterprises check the matching of foreign exchange collection data monthly to avoid triggering foreign exchange supervision warnings. When choosing an agency service provider, be sure to check itsCustoms AEO certificationqualifications andthe classification level of the State Administration of Foreign Exchange, which are the core elements to ensure the safety of foreign exchange collection.