EntrustAgency export,Who exactly is the recipient of foreign exchange?

According to Document No. 38 of the State Administration of Foreign Exchange in 2025, the responsibility for foreign exchange receipt followsThe principle of "whoever declares, whoever receives payment". In agency export mode:

• When the customs declaration form shows the agency company as the "domestic consignor," the foreign exchange receipts and payments should be handled by the agency company.
• The manufacturer needs to sign atripartite foreign exchange receipt agreementwith the agent, clearly specifying the fund transfer path
• Cross-border RMB settlement must be specifically indicated in the agency agreement

What processes must agency export foreign exchange collection go through?

The latest 2025 foreign exchange receipt process includes three core stages:

• Foreign exchange receipt stage
  • The agency company registers in the enterprise directory through the Goods Trade Foreign Exchange Monitoring System
  • Processes the credit of funds into the verification account with the electronic customs declaration form
• Fund transfer stage
  • The agency company submits an entrusted payment application to the bank
  • Provides genuine trade background supporting documents (contract/invoice/logistics documents)
• Tax declaration stage
  • The manufacturer handles tax matters with the agency agreementExport tax refund
  • The agency company must issue the Agency Export Goods Certificate

How to prevent financial risks in agency foreign exchange collection?

According to 2023 big data analysis of foreign trade fraud cases, special attention should be paid to:

• Account freezing risks: Select agency companies with cross-border business qualifications
• Exchange Rate Fluctuation Risk: Agree on forward exchange clauses or adopt cross-border RMB settlement
• Fund misappropriation risks: Require the agent to provide a bank-supervised account
• Compliance risks: Ensure agency fee payments comply with central bank anti-money laundering regulations

What documents are required for agency export foreign exchange collection?

The 2025 State Administration of Foreign Exchange requires the following documents must be prepared:

• Export declaration form stamped with the customs inspection seal
• Notarized agency export agreement (Chinese and English versions)
• Bank-issued foreign exchange receipt
• Copy of bill of lading issued by logistics company
• VAT special invoice required by tax authorities

What to do when foreign exchange cannot be received on time?

Recommended to adopt a tiered processing solution:

• Within 15 working days: Verify bank deposit progress and confirm overseas payment voucher
• Not received within 30 working days:
  • Activate the performance bond clause in the agency agreement
  • Check customs declaration status through electronic port
• Exceeding 60 working days:
  • Apply to the State Administration of Foreign ExchangeSpecial refund business
  • Recover overseas accounts receivable through Sinosure