Contract
The main contract provides for the possibility of payment by third parties.
Agency Agreement
An agency agreement is concluded between the exporter and the agent, as well as between the agent and the buyer.
Verification
All operations within Russia undergo financial monitoring and currency control.
Commissions
The agent's commission is included in the exchange rate between RUB (Russian rubles) and CUR (foreign currency).
Flow
The exporter has an account in a Russian bank; the agent has a separate account in the same bank. The agent then organizes a payment from a foreign bank to the supplier, converting currency as necessary.
How We Work:
Import Operations: The agent receives Russian rubles from the importer into their account in Russia and pays for goods or services on their behalf outside the Russian Federation.
Export Operations: The agent receives foreign currency on behalf of the exporter for goods or services sold outside the Russian Federation and settles with them in rubles from an account in a Russian bank.
Benefits of our service
Simplifying International Payments
The payment agent takes on the organization of settlements, simplifying the process of paying for goods and services outside Russia. This reduces the administrative burden on companies, as the agent performs all necessary actions for transferring funds and currency control.
Optimization of Currency Exchange
The agent handles currency conversion (RUB to foreign currency and vice versa), allowing companies to avoid complexities with currency exchange and minimize risks associated with exchange rate fluctuations. The agent's commission is already included in the exchange rate, making expenses predictable
Support for Both Import and Export Operations
The agent's working scheme allows organizing payments for both importers and exporters. This makes the service universal and suitable for various companies engaged in international trade.
Flexibility in Settlements
The ability to sign an agency agreement both within Russia and abroad allows adapting the settlement scheme to the specific client's needs, providing flexibility in financial operations.
Reducing Risks in Export-Import Operations
The payment agent can act as an intermediary, protecting the interests of both parties (supplier and buyer). This reduces risks associated with non-fulfillment of payment obligations, as the agent is responsible for conducting settlements.
Accelerating the Settlement Process
By using an agent, payments can be processed faster, as the agent has established processes and can effectively conduct settlements in international banks. This is especially useful for companies for whom payment deadlines are important.