Cases
Payment from China for a coal exporter under sanctions
Coal exportSanctionsFee known in advance
After shipping coal to China, the buyer couldn't pay because of sanctions — the delay risked daily penalties and major losses.
The problem
- The Chinese buyer couldn't pay the Russian company
- Customs complications in China
- Downtime is expensive — the deal was turning unprofitable
What we did
- Used our subsidiary structure inside China
- Accepted payment from the Chinese buyer inside China under their contract
- Transferred the funds to the exporter inside Russia via our non-resident structure
- Ensured correct paperwork under the main contract and supporting documents
The result
- The Chinese side received the coal under the contract
- The client avoided additional costs and contractual penalties
- The payment was accepted inside China and passed through to the exporter in Russia
- The fee was known to the client before the operation started
Takeaway
The buyer couldn't pay directly — the settlement was closed inside their own jurisdiction: the payment was accepted in China, the funds were passed through to the exporter in Russia, and the paperwork was completed under the main contract.