What is the safest and most reliable payment method for exporting machinery to Russia?
This article provides a detailed analysis of payment security challenges faced by machinery exporters in the Russian market under the Sino-Russian trade context. It examines five mainstream payment methods (T/T, L/C, Collection, Western Union, and RMB Cross-Border Payment) and offers risk management solutions tailored to the latest trade environment, including strategies to address recent sanctions. The article also emphasizes the importance of establishing a customer credit evaluation system and prioritizing CIPS RMB settlement to ensure payment security for machinery exports to Russia.
PSB Record: Shanghai No.31011502009912
