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.

Absolutely not. Exporting used cars requires clear proof of foreign currency receipts in USD/EUR (water bill) to be provided to the Chinese foreign exchange administration, customs, and tax authorities for document verification. Cryptocurrencies are considered illegal settlement channels.

Yes. For large B2B government or major fleet procurement projects, to ensure the safety of your deposit, we can issue an advance payment guarantee from one of China's four major state-owned banks, but the buyer must bear the issuance fee.