Foreign Payment

**Martinco** · 11-Sep-12, 12:52 PM

Originally Posted by IanF

Advice sought
What banks do you recommend to pay a supplier in China efficiently so there is not a week wasted with the FNB red tape. I am not to concerned about the interest lost as I have kept out of overdraft for over a year now and FNB don't give me interest on the positive balance. Also any tips on how to get payment there quickly, the supplier doesn't accept credit cards.

Hi Ian,

I have been using Bidvest now for the past 6 to 7 years and they have been on the ball so far.
Our local branch is really a pleasure to work with.
They even fetch the paperwork from our office and do what is required.

and takes about 3 days to reach the supplier.

**IanF** · 11-Sep-12, 01:00 PM

Martin
I will try Bidvest if I import again. Did you get high tension insulation tape with your laser for the red wire connection to the tube?

**Martinco** · 11-Sep-12, 01:04 PM

No Ian, Cannot recall this but the HT side had a huge plastic cap that goes right over the connection.

**dfsa** · 11-Sep-12, 07:10 PM

I have given up on our Banking forex Years ago.

Most companies in China will accept PayPal. The payment is instant and the cost is low.

I received my last imported goods within 4 Days from time of order placement.

The advantage you have with PayPal is, if the goods do not arrive, then you can claim a refund. Your payment reflect instantly in your supplier account and order is processed.