Cases
Paying for furniture from China via Alipay after the supplier's account was frozen
ImportChina
An importer was ordering furniture from China, but the supplier's account was frozen — the only way left to pay was crediting yuan to the company's Alipay.
The problem
- The Chinese supplier's bank account was frozen
- It could only accept payment to the company's Alipay in yuan
- A normal bank payment under the contract was impossible
What we did
- Built an agency scheme within Russian law
- Accepted rubles from the client under an agency agreement
- Credited yuan to the supplier company's Alipay
The result
- The supplier received payment in yuan on Alipay
- The payment went through along the agreed route
- The deal was handled within Russian law
- The furniture delivery wasn't disrupted
Takeaway
The supplier was left with only Alipay — the settlement was closed through an agency scheme: rubles from the client under the agreement, yuan credited to the supplier company's Alipay.