When most people think of impExport Representation, they instinctively think of freight forwarders. Today, learn about the variousimport and exportagency service methods.

Pure agency

That is,foreign tradeThe agency provides export services to factories and small manufacturers but does not prepay funds or offer services beyond document preparation and review. Only 1% of the payment is collected from the factory within 3 working days after payment completion, along with an agency fee. This agency form is simple and risk-free.

Service agency

This includes packaging loans, prepayments, order reviews, and certificate provision. It is more complex, and agency fees are generally charged based on the nature of the business. Of course, if operational risks are high, additional funds will be required. Meanwhile, guarantees are needed for prepayments. It is also similar to pure agency.

Buyout

That is, unlike factories exporting through trading companies, no agency fee is charged for factory exports. Instead, the foreign exchange rate for factory exports is calculated. The agency fee is actually included in the adjusted exchange rate. Due toExport Drawback, the exchange rate is much higher than the normal rate.