How It Works

1
Online Negotiation between Buyer and Supplier
2
e-Contract Confirmed and Signed Online
3
Full Payment from Buyer to eTradePay
4
Cargo Delivery Arranged by Supplier at Loading Port
5
Counting & Inspection (Optional)
6
Customs Clearance at Loading Port
7
Issuance of Delivery Order to Buyer at Destination
8
Last Payment Release
How is Transaction Secured?
Through digital linking-up with related parties in the trade process by real time including:

China Customs and Customs Brokers

Logistic Companies

Payment Tools

Lightstrade.com enhances the transaction security in the event of:

E-contract

Payment

Shipment

Customs clearance

Delivery

Build up the trust between Buyer and Supplier

Key Advantage & Value

How Buyer’s payment is released?

Lightstrade. com designates eTradePay. com as payment tool to secure and implement the transaction. Buyer and Supplier can negotiate terms of payment flexibly prior to signing the e-Contract. Once e-Contract signed, eTradePay will implement the terms of payment strictly and automatically.
First payment release to supplier upon Customs Clearance Proof at loading port
Last payment release to supplier on the

1)10th Calendar Day after the issuance of Delivery Order by forwarder for sea freight and air freight;

2)5th Calendar Day after the issuance of Cargo Receipt by Courier