Cross-border payment rules upgraded! International logistics companies must read: How do the new CIPS regulations affect cross-border e-commerce payments?

The original "Business Rules" provided detailed regulations on account management, capital injection settlement, and other aspects. The new regulations shift to emphasize "principle requirements," starting from the underlying logic of participant qualification management and liquidity risk control, leaving room for the upgrade of CIPS functions.

Impact on cross-border sellers: Simplified payment process, the fund settlement cycle may shorten due to flexible rules, and the turnover rate of inventory in overseas warehouses is expected to improve. For example, previously limited by fixed processes, funds took 3 - 5 days to arrive for restocking, but now it may return faster, allowing you to have more funds to invest in hot products and expand the market.

The new regulations clarify and improve the participant expansion mechanism, and in the future, more overseas financial institutions will connect to CIPS.

Value for cross-border sellers: Customers of Zhongnan Whale Shipping Service, if they settle through overseas banks connected to CIPS, can directly pay international logistics fees in RMB (such as DDP customs duties for full container shipments to the US, storage fees for overseas warehouses in the UK), reducing the intermediate steps of dollar exchange and lowering the risk of exchange rate fluctuations. For sellers targeting the European and American markets, profits have often been "eroded" due to exchange rate fluctuations when settling in dollars or euros; now, with direct settlement in RMB, costs are more controllable.

Current situation: Some cross-border e-commerce customers in Southeast Asia and Latin America need to settle logistics fees in US dollars, but local banks have limited US dollar reserves, which often leads to payment delays and incurs currency exchange fees.

New regulations benefit: CIPS supports direct cross-border settlement in RMB. Zhongnan Whale Shipping's overseas warehouses in Mexico, Canada, and other locations have connected with local CIPS participating banks, allowing customers to pay warehousing last-mile fees directly in RMB, saving an average of 1 - 2% on exchange costs. For example, sellers in the Latin American market with annual logistics costs of 1 million can save 10,000 to 20,000 on exchange fees.

Current situation: Traditional cross-border remittances take 3 - 5 working days to arrive. During peak seasons, bank reviews are slow, affecting the restocking rhythm and missing sales windows.

New Regulation Trend: After continuous optimization of the CIPS system, some businesses are expected to achieve "T + 0" settlement. Zhongnan Whale Shipping has its own North American fleet with 30 trailers. If customers quickly pay for freight through CIPS, it can simultaneously trigger logistics scheduling, achieving a seamless connection between "Payment - Shipment." During peak season stocking, funds arrive quickly, and goods are dispatched in a timely manner, ensuring stable sales!

Sort out the settlement currencies of existing logistics suppliers. If USD and EUR are still the main currencies, contact Zhongnan Jinghang to obtain the "CIPS RMB Settlement Logistics Plan" and calculate the potential savings on exchange costs. Early detection and early switching can reduce costs sooner and make profits more substantial.

Using the new CIPS regulations for cross-border settlement in RMB, the storage fees and last-mile shipping costs for overseas warehouses in the United States and the United Kingdom will be uniformly paid in RMB. The Zhongnan Whale Shipping System supports one-click export of multi-currency bills, simplifying the financial reconciliation process. Financial efficiency is improved, allowing the team to focus their energy on business expansion, contributing to business growth.

August to October is the peak season for e-commerce in Europe and America. It is recommended to pre-store logistics costs through the CIPS channel in advance. Zhongnan Whale Shipping will prioritize the allocation of 65 chassis resources to ensure that the transportation time of goods from Chinese factories to North American warehouses is improved by 30%. During the peak season, logistics resources are tight, and early planning can ensure that goods reach consumers "a step ahead," making it more confident for explosive orders!

This new CIPS regulation shortens the cross-border payment cycle to as fast as T+0 and eliminates the 1.5%-2% exchange fee, while also imposing stricter compliance reviews for large payments. It is recommended that buyers quickly connect with logistics providers such as Zhongnan Whale Shipping that support CIPS settlement, pay overseas warehouse fees and last-mile delivery fees in RMB, and simultaneously check the costs of multi-currency settlement links, preparing compliance documents such as bills of lading in advance to avoid payment delays.