It will cause serious obstacles. China's foreign exchange controls are extremely strict. If the remittance note and the remitter do not match our declared contract, the bank will reject the transaction (Pending). We will need to spend several days submitting additional explanations to the foreign exchange authority, which will inevitably delay the shipping schedule.

Odometer tampering is a common risk in the global used car industry. We verify the data by extracting transmission mileage from the OBD computer, checking the most recent maintenance record's mileage, and consulting the national traffic management app for annual inspection records. If there are irreconcilable discrepancies or conflicts in the data, we classify it as a tampered vehicle and refuse to export it.

Under CIF terms, the beneficiary of the insurance policy will be endorsed to the buyer. Once the claim is successful, the insurance company's foreign currency compensation will be directly deposited into the buyer's designated overseas company or personal account.