Spanish goods arrived at port for over a month, no pick up, no payment

I am the person in charge of a domestic importer. A batch of goods purchased from Spain arrived at the port over a month ago, but the customer has neither paid nor picked up the goods. Demurrage and storage fees are increasing every day, and contacting the other party always results in delays. What should I do now? Will I lose both money and goods?

Jan 13, 2026 at 09:292033 Answers

The offshore company makes a payment to the freight forwarder.

We are an offshore company registered in Hong Kong and want to export goods from China to Europe. We plan to directly use the offshore company's account to make payments to domestic freight forwarders. Is this operation compliant with regulations? What is the specific process? Will the freight forwarders refuse to accept the payment?

Jan 9, 2026 at 07:182883 Answers

What is a 30-day or 60-day Usance Letter of Credit?

We have a European customer who insists on using a 60-day Usance Letter of Credit for payment, saying it's their company's financial policy. I've only operated Sight LC before, want to ask: What risks does this Usance LC pose to us exporters? Will it affect our capital turnover? What should be noted in negotiations?

Jan 7, 2026 at 09:303013 Answers

What is the difference between DP and CAD in foreign trade payment methods?

We have a Spanish client with whom we have always done DP payments. Now they propose switching to CAD, saying it is more flexible. I want to know the specific differences between these two methods? Is the risk high for us sellers? What should be noted in operation and negotiation?

Jan 4, 2026 at 09:035353 Answers

Common Questions About Foreign Trade Payments and Deliveries

I'm a freelance foreign trade professional. The client insists on a 30% down payment and 70% payment upon receipt of the bill of lading copy, but requires us to be responsible for booking the shipping under FOB terms. Additionally, after the goods have been shipped, the client proposed to change the payment method to L/C, which worries me about the potential risks. Is this kind of payment and delivery method common? How can I mitigate the risks?

Jan 3, 2026 at 08:552153 Answers

The issue of transferring US dollars from abroad to private accounts in China in Suqiu City

I'm an individual foreign trade merchant in Suqiu City. An American client wants to transfer a payment of 50,000 US dollars to my domestic private account directly. Is this operation compliant with regulations? Will the bank investigate it? What are the potential risks?

Dec 26, 2025 at 06:202363 Answers

Regarding the payment issue in Pakistan

We have an old Pakistani client who recently placed an order, but said that due to foreign exchange shortages at their bank, they can only pay a 30% down payment and the balance needs to be paid 90 days after delivery. I've heard that Pakistan is on the FATF grey list, which poses significant payment risks. I'd like to ask if this payment method is acceptable? What are the potential risks involved? How can we arrange logistics and contracts to ensure greater security?

Dec 23, 2025 at 08:523593 Answers