What are the requirements for third-party payments?

Buyer's direct payment should be the preferred option. Meanwhile, XTransfer also supports third-party payments under the sales of physical goods.

If the payment is made by a third party other than the buyer, XTransfer will verify the payer and the source of funds. Please confirm the relationship between the payer and the buyer in advance and provide required documents.

Scenario 1: If your buyer is Company A and the payment is made by their affiliated Company B, you need to provide company registration documents from both A and B to verify the relationship.

Scenario 2: If your buyer is Company A and the payment is made by an import & customs clearance agent Company B, you need to provide an import agency agreement between A and B.

Scenario 3: If your buyer is Company A and the payment is made by the end buyer Company B, you need to provide a purchase contract between A and B or historical logistics documents proving the shipment from A to B.

Scenario 4: If your buyer is Company A and the payment is made by another compliant Company B, you need to provide a third-party payment agreement between A and B.

Furthermore, please advise the payer to include a Note with transaction information to expedite the payment process.

The Note should include the buyer's name, invoice number/PI/contract number, and product category. For example, if your buyer is Company A and the payment is made by their affiliated Company B, B can include the following payment Note: Company A, Invoice NO. xxx, Product xxx.