Trade FX payments come in many forms: overseas procurement payments, commissions to overseas intermediaries, freight/insurance to forwarders, refunds to customers and overseas-warehouse fees. Every payment requires trade-background documentation per SAFE (foreign-exchange authority) rules. SBK automatically links payments to import customs declarations / contracts / invoices and packages the filing documents with one click.
Multi-purpose + document compliance + audit-tracked approvals + bank processing
Categorize purposes such as overseas procurement, commissions, freight/insurance, refunds and overseas-warehouse fees, each matched to a trade-background document checklist
Import customs declarations / contracts / commercial invoices / commission agreements are auto-collected into the payment request, for one-stop bank processing
Large payments route through an OA approval workflow with tiered sign-off by finance manager / director / owner, fully audit-tracked
Manage multi-bank, multi-currency accounts and auto-recommend the right remitting bank based on the beneficiary's country
Cable fees, remittance fees and intermediary-bank fees are preset from bank profiles, with full payment cost allocated to the order
Manage overseas supplier / intermediary / service-provider profiles with complete SWIFT, IBAN and beneficiary-bank details
Import "three-document match" checklist
SAFE imposes strict trade-authenticity requirements on FX payments — import payments need a "three-document match" of customs declaration / contract / invoice; commission payments need a commission agreement matched to a real order. SBK turns each payment type's required documents into a checklist; a new payment request automatically pulls the needed documents from order data and flags any missing one in red.
Paying commissions to overseas intermediaries is the most likely to draw a SAFE audit — requiring a commission agreement, the matching order, beneficiary authenticity and a reasonable commission rate. SBK's commission-payment module files the agreement, links order commission terms, and auto-calculates payable commission from the order's FX receipts, closing the document loop end to end.
Hidden costs on $48,000 payment
Pay an overseas goods bill and it looks like just USD 100,000 — but a USD 30 cable fee, USD 25 intermediary-bank fee, CNY 200 remittance fee and ±0.5% FX gain/loss are hidden costs that can add up to thousands a year. SBK allocates the full payment cost to the corresponding order so the owner sees real profit.
EUR 500K for a German machine tool; the system auto-collects documents from the import customs declaration / contract / invoice, and the bank processes it in 30 minutes.
After each order's FX receipt, the system auto-calculates the 3% commission payable to the Hong Kong intermediary, pays it in a month-end batch, and files the commission agreement at the same time.
An overseas forwarder sends an invoice; payment is made under the ocean-freight purpose, collecting "B/L + invoice + forwarder contract" as documents.
A USD 5,000 refund for a quality issue is paid under the "trade refund" purpose, linked to the original PI and the quality-issue report as documents.
Payments are tightly linked to import, multi-currency and capitalization
Payments link to the import customs declaration as trade-background documentation
Automatic rate conversion and FX gain/loss accounting for payments
Payment amounts for imported equipment are rolled into the asset's original cost
Large payments route through an OA approval workflow for tiered sign-off
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