1.4.6　Collecting the Payment收取货款

Payment is normally credited into your bank account in foreign exchanges.The State Administration of Foreign Exchange(SAFE)supervises exporters’ bank account for receipt of this revenue as it is tasked to verify the authenticity of the deal and source of the foreign money.For that purpose,you must register with the Administration beforehand.Figure 1-4 is the platform maintained by the SAFE for exporters to report their exchange revenues.

Once you have cleared customs,shipped the goods and received the payment in foreign exchange,you report your exchange earnings to the SAFE by filing this information on ASOne^[1],a specific online platform maintained by SAFE.Then you may go to the State Taxation Administration(STA)to file for your tax refund.As the Customs,the SAFE and the STA collaborate on verifying the authenticity of the transaction and receipt of payment by integrating their databases for import and export,you will rightly get your refund if your category of products is eligible and you are doing business fair and square,without defrauding on the refund.

Figure 1-4　ASOne Maintained by SAFE