Payment Support
- Share
Global Account
Multi-currency payment support
Supports 14 major currencies, covering all non-sanctioned countries/regions
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Bank
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Account Type
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Receipt Currency
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Payment Methods
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JPMorgan Chase Bank Hong Kong Branch | Global | 15 major currencies: US dollar,Hong Kong dollar,Australian dollar,Canadian dollar,Chinese yuan,Swiss franc,Danish krone,Euro,British pound,Japanese yen,Norwegian krone,New Zealand dollar,Swedish kronor,Singapore dollar,South African rand. | Only accept payments via SWIFT (Telegraphic Transfer/TT) and Hong Kong local CHATS/ACH network |
JPMORGAN CHASE BANK, N.A | Global | US Dollars | Only accept payments via SWIFT (Telegraphic Transfer/TT)/FEDWIRE network |
Banking Circle Denmark; Banking Circle S.A | Global | 16 major currencies: British pound,Euro,Danish krone,US dollar,Norwegian krone,Swedish kroner,Chinese yuan,Saudi riyal,Romanian leu,Hungarian forint,Israeli new shekel,Polish zloty,Czech koruna,Turkish lira,UAE dirham,Swiss franc. | Only accept payments via SWIFT (Telegraphic Transfer/TT) network |
Deutsche Bank Hong Kong Branch | Global | US Dollars, EUR, Chinese Yuan, Hong Kong Dollar | Only accepts payments via SWIFT (Telegraphic Transfer/TT) and Hong Kong local CHATS network |
Local Account
By using local payment methods, you can collect transactions and pay money just like domestic payment!
Remit to local bank, more secure and more convenient
You pay to a local bank you are familiar with, and the operation is smooth.
Simplify business negotiations, reduce exchange costs
We can provide your local currency quotation, simplify the lengthy quotation negotiation process caused by different exchange rate expectations between buyers and sellers, and also avoid the cumbersome operations caused by large fluctuations in exchange rates.
Good for buyers, win-win with you
After using a local collection account to receive payment, for you, this is a domestic payment. You don't have to go to the bank counter to handle cross-border remittances, fill in a lot of information and exchange currency, saving buyers' costs and time.
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Bank
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Account Type
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Receipt Currency
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Payment Methods
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Deutsche Bank AG, London;
The Currency Cloud; Banking Circle S.A; Banking Circle Denmark; Banking Circle S.A. –German Branch; Banking Circle S.A. UK Branch |
Eurozone countries
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EUR
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Only accepts payments via the SEPA network
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Banking Circle S.A. UK Branch
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United Kingdom
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GBP
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Only accept payments via BACS/CHAPS/FPS networks
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Banking Circle Denmark | Denmark | Danish Krone | Only accepts payments through the DKK Local Payments network |
Community Federal Savings Bank | United States | US Dollars | Only accepts payments via ACH/Fedwire/Wire Network |
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Digital Commerce Bank
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Canada
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Canadian Dollar
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Only accepts payments from the Canadian local Electronic Fund Transfer (EFT) network
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Sistema de Transferencias y Pagos STP | Mexico | Mexican Peso | Only accepts payments via SPEI/ACH/Wire network |
FCMB Bank | Nigeria | Nigerian Naira | Only accept payments through NIBSS/NFT/RTGS network |
BC Payments Australia | Australia | Australian Dollar | Only accept payments through the BECS network |
JPMorgan Chase Bank, National Association | Australia | Australian Dollar | Only accept payments through ACH/Instant payment network |
VIET CAPITAL COMMERCIAL JOINT STOCK BANK/BVBank | Vietnam | Vietnamese Dong | This account only accepts payments through Vietnam's local NAPAS/CITAD network |
ASIA UNITED BANK CORPORATION | Philippine | Philippine Peso | This account only accepts payments through the local Instapay/Pesonet network in the Philippines |
Deutsche Bank Jakarta Branch (Indonesia) | Indonesia | Indonesian Rupiah | This account only accepts payments through the local SKNBI/RTGS network in Indonesia |
Deutsche Bank Bangkok Branch (Thailand) | Thailand | Thai Baht | This account only accepts payments through Thailand's local Bahtnet network |
JPMorgan Chase Bank N.A., Singapore Branch | Singapore | Singapore Dollar | Only accept payments through MEPS+/GIRO/FAST network |
J.P. Morgan Chase Bank Berhad | Malaysia | Ringgit | Only accept payments via DuItNow/GIRO network |
About Fee Collection and Sharing
Because bank charges a higher settlement fee for BLOSSOM CHEER side, then charge a lower transfer fee, reducing the buyer's transaction costs.
Sharing principle
Buyer is responsible for the local transfer and the handling fees of the paying bank (including the intermediary bank), and must ensure that the total amount arriving at the receiving bank is equal to the order amount). BLOSSOM CHEER is responsible for the settlement and withdrawal fees of the receiving bank.
Transfer fee: paid by buyer.
1. In mainland China, there is no limit on the amount of each order, and the bank charges a handling fee of 10 US dollars for each transfer.
2. For international transfers, there is no limit on the amount of each order, and the bank charges a handling fee of 20 US dollars for each transfer.
Settlement fee: BLOSSOM CHEER cover it
The bank charges a settlement fee for each order, ranging from 0.1% to 0.4%. For example, the fee for $50,000 is $50,000*0.4%=$200.
Time for arrival
Generally 2-7 working days!
There is no intermediary bank fee for local receiving accounts! The time for arrival is generally the same day, and the longest will not exceed 3 working days.