A specialist will call you within 1 business day.
For businesses buying from China
Deposit up front, balance before shipping, often in dollars. We plan each payment with you, check the details, and send it at a specialist rate.
01
Paying a dollar invoice from a pound account often means the bank converts at its own rate, with a margin built in.
02
Emails asking you to pay a 'new' account are a common scam. Once the money's gone, it's very hard to get back.
03
Factories and banks shut for long holidays. Miss a payment window and the whole order slips.
A few minutes of checking saves the most common, and most expensive, mistakes.
The beneficiary should be the company you signed with. If it's a different name, ask why before paying.
If a supplier emails new bank details, confirm them by phone or video with someone you already know there.
Many suppliers invoice in dollars, often to an account in Hong Kong or mainland China. Pay in the currency on the invoice to avoid a second conversion.
A deposit before production and the balance before shipping is common. Plan both so the rate on the second doesn't surprise you.
You pay a $90,000 balance to a manufacturer before your order ships. Banks rarely charge a visible fee. The cost is hidden in the rate. Here's what that looks like at today's mid-market rate.
Paying US$90,000 costs roughly
Difference on one payment
£1,676
Illustrative example only. Mid-market cost £67,325 at today's indicative rate. Bank and specialist margins vary by provider, amount and currency. This is not a quote.
Most payment delays to China are about timing, not money. These are the dates to plan for.
January or February
Factories often close for two weeks or more. Pay deposits early so orders are placed before the break.
Early May
A shorter break, but banks and factories slow down. Allow extra time for payments.
Early October
A week-long national holiday. Pay balances before it, or your shipment can miss its slot.
Verify once, then you're ready for every order.
We check the supplier's details with you and confirm the rate.
Deposit or balance, sent and confirmed, so they can start or ship.
One named contact who knows your deals. Message them like you'd message anyone else and get an answer, not a ticket number.
Your Globe FX specialist
online
Need to send €250k next week. What's the rate looking like?09:12
Morning! Sending today's rate now. Want me to watch it for you until you're ready?09:13
Yes, keep me posted.09:15
Pay in whatever currency the invoice is in. Many Chinese suppliers invoice in US dollars. If yours wants yuan, ask your specialist, as paying in yuan can need extra paperwork.
Yes, as long as the payment passes GC Partners' standard checks.
Don't pay until you've confirmed the change by phone or video with someone you already know at the supplier. Tell your specialist too, and we'll check it with you.
It depends on the currency, the receiving bank and local holidays. Your specialist will give you a realistic timeline before you commit.
