e-Transation System

STS ( Smart Transaction System ) :

An online transaction system empowered by digital data in trading process

Online trading system that uses digital data authorization in the transaction process

Protect and safeguard your orders on ComB2B.com

STS protects and secures online orders when paying via eTradePay.com

The mechanism of STS ( Smart Transaction System )

Buyer and Supplier confirm e-Contract on ComB2B.com

Buyer places purchase order to supplier Supplier confirms e-Contract with Buyer

Buyer pays deposit to ComB2B.com via eTradePay before loading at port of shipment

Suppliers deliver to Forwarders who are registered with ComB2B.com and have signed digital integration agreements.

Buyer pays the balance to ComB2B.com through eTradePay before picking up the item at destination

ComB2B.com releases payments to Supplier after pickup.

After the buyer completes the customs clearance in Russia, they can pick up the goods in the Russian warehouse.

Remarks: The ratio of deposits and closing balances may be negotiated in e-Contracts.

Online Payment & Settlement Scheme

ComB2B.com holds payments during the transaction and release them according to the schedule below

Settlement Schedule

1.Release of Deposit: ComB2B.com directs banks to release deposit to suppliers after the goods are loaded at the port of departure.

2.Release of Balances: ComB2B.com directs banks to release balances to suppliers within one working day after destination pickup.

Payment schedule

1.Deposit payment: the Buyer pays the Deposit to ComB2B.com according to the e-Contract.

2.Balance Payment: the Buyer pays the Balance to ComB2B.com before picking up at destination port.

All the above operation is implemented by system of STS automatically.