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Best form of payment to reduce the risk of buying from the
Web
Overview
UPS Exchange Collect is a fast, secure, simple payment alternative for
financial settlement of international trade.
- Both Customers and us agree to purchase and sale
terms and specify UPS Exchange Collect for financial settlement.
- We ships the goods by UPS. UPS notifies you that
goods are in transit and payment must be made to UPS before delivery to
you. The
notification includes the UPS bank account and routing instructions. (View
Example)
- Upon notification by UPS email (
exchangecollect@ups.com ),you have to
instructs your bank to wire transfer payment to the UPS bank account based
on the amount stated in the e-mail.
- UPS will not accept
cash, checks, credit cards, PayPal or Western Union money/
- After UPS receives payment, the shipment is
delivered to you.
- Upon verification of delivery, UPS remits funds to
us.
UPS Exchange Collect minimizes the dependency, cost, and complexity involved
with Letters of Credit, Documentary Collections or third party service
providers.
- Accelerates cash flow while assuring that payment
is made before delivery for customers that pay slowly or not at all
- Shipments can be made from 60 countries throughout
the world
- Available for shipments to
- Australia,
- Austria,
- Belgium,
- Canada,
- France,
- Germany,
- Hong Kong,
- Italy,
- Malaysia,
- Mexico,
- Netherlands,
- Puerto Rico,
- Singapore,
- South Korea,
- Switzerland,
- Taiwan,
- the United Kingdom and
- USA
Exchange
Collect Minimum order amount : Must be USD 2,000 and above.
Exchange
Collect fees : Minimum USD 60 or at 1.25% of the total purchase amount
whichever is greater
Note :
It is critical that the UPS
Tracking Number and the Seller’s Company Name are referenced along with
your payment in order to
ensure that your payment is applied correctly and the shipment is released
for prompt delivery.
Unless included in the
Exchange Collect Amount, the Total Amount Due DOES NOT INCLUDE DUTY, TAXES,
BROKERAGE OR
TRANSPORTATION COSTS: These charges may be
invoiced separately or collected at the time of delivery. |
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