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How to Pay Chinese Suppliers Safely from Bangladesh

Person making an online payment with a card and laptop, representing how to pay Chinese suppliers safely

Paying a supplier on the other side of the world makes every importer nervous, and rightly so. Here are the common payment methods for Bangladesh importers and how to use them safely.

Letter of Credit

For formal commercial imports, a Letter of Credit through your bank is the standard route in Bangladesh. The bank releases payment only when the supplier provides the agreed shipping documents, which protects both sides.

  • Strong protection for larger orders
  • Often required for formal imports
  • Involves bank fees and paperwork

Bank transfer

A telegraphic transfer, or TT, is a direct bank-to-bank wire. It is common for smaller orders and samples.

  • Simple and widely accepted
  • Safe when paid to a verified company account
  • Use sensible terms and avoid paying everything upfront to a new supplier

Trade Assurance and escrow

On platforms like Alibaba, Trade Assurance holds your payment until you confirm the order was delivered as agreed. For online sourcing, it adds a useful layer of protection.

Golden rules for safe payment

  • Always pay to a company account, never a personal one
  • Be cautious of suppliers who demand full payment upfront
  • A common arrangement is a deposit, with the balance paid after inspection
  • Keep written records of everything agreed

Red flags

  • Sudden changes to bank details, a classic scam
  • Pressure to pay immediately
  • Refusal to accept secure payment methods

We add a layer of safety

Because our team verifies suppliers and inspects goods before the balance is paid, your money is far better protected. We also help structure terms so you are not exposed. Want guidance on paying safely for your order? Talk to our team.


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