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Collection of Yen
To strengthen relations between the Japanese government and the Chinese government, Japanese companies with Chinese enterprises in trade increases after many years. Because Japan is an island in itself, it’s lack of raw materials, many of them are destined in extent dependent on imports. Trading with the Japanese companies, payment should be in Yen instead of Dollars, because they are greatly in debt problems for Yen. To solve this problem, the collection of foreign experts in Shenzhen-day Czech Republic, launched the collection of Yen special services.
Shadstone’s collection of Yen services include:
1) Receive regular import and export companies’ Yen to the customer account collection.
2) The provision by the State Administration of Foreign Exchange for the collection of funds for the Yen to trade declaration
3) Collection of Japanese Yen for foreign exchange settlement processing, Shadstone collection yen exchange rate is in accordance with the Bank of China for 4 day’s real-time exchange rates and proxy ports from China to Japan. The services include sea, air, express, bulk and other methods of transport, customs clearance procedures are all the regular export declaration.
4) All Yen amounts collected are ensured to be credited into account at the same day, the day of complete reporting, and settlement of payments, customers should not delay payment. To ensure customer safety, all collection of yen customers need to be signed with Division I contractual agreements to ensure the interests of both. Customers must provide identification, such as a business license to the Division I, so both parties can cooperate. Shadstone stops all the use of our collection yen services, the transfer of funds, money laundering, fraud and other malpractices.
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