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.

International wire transfers generally follow "shared (SHA)" or "sender pays all (OUR)" principles. To ensure we receive the full remaining payment to release the bill of lading, we require all buyers to choose the "OUR" option when remitting, covering all intermediary bank fees.

This is a macro policy minefield. Although used cars are rarely classified as dumping, if your single import quantity is too large and the declared price is significantly lower than local similar products, it can easily trigger an investigation by the tax bureau. We strongly recommend B2B buyers to break down shipments into smaller batches and use multiple invoices for customs clearance.