Invoice currency & beneficiary checks
Corridor guideFor the person handling the order
Before the
payment
leaves.
You have the invoice. Now check the payment terms, bank details and costs that sit outside the unit price.
CHECK THE TERMS BEFORE YOU FUND.
READ THE ARTICLESPayment architectureDrag to rotate · Scroll to zoom
01 / From the payment desk
From FX quotes to supplier deposits
All insightsThe operations desk
How to compare two FX quotes
Fix the amount your supplier must receive, then compare the dollars needed to fund it. A transfer with no separate fee can still cost more.
What should release the final 70%?
A 30/70 split still needs an event attached to the balance: inspection, shipment, document receipt or another agreed milestone.
Turn the letter of credit into a document plan
Check who can issue each document, what it must say and when it must reach the bank. Resolve an impossible condition before committing the cargo.
Build the landed-cost estimate before placing the order
Bring the supplier invoice, freight quote and import assumptions into a warehouse estimate. Keep it open until the actual bills arrive.
02 / PAYMENT CORRIDORS
Where is your
supplier based?
Choose a supplier location to review the invoice currency, payment details and checks to complete before sending funds.
Payment corridor atlas
US FUNDING · FOUR SUPPLIER CORRIDORSIllustrative payment connectionsUSD FUNDING / 04 CORRIDORS / 08 PATHS
01Invoice check→02Bank / provider→03FX conversion→04Supplier account
Recipient bank & payment requirements
Corridor guideAccount details & invoice reference
Corridor guideEUR account & the chosen payment rail
Corridor guideTHE ORDER FILEStart with the
Start with the
supplier’s details.
Check that the beneficiary matches the supplier and that the invoice names the agreed currency. Compare what leaves your account, then keep the receipt with the order so the supplier can match the payment.
Explore corridor guides01 / CORRIDOR GUIDE
China payment corridor
USD CNYAgree whether the supplier will invoice in USD or CNY before you pay a deposit. Put document checks and cargo-release conditions in the order file alongside the shipment plan.
Before paymentGet the supplier's invoice and the beneficiary's full legal name.
02 / CORRIDOR GUIDE
Vietnam payment corridor
USD VNDCheck the invoice currency and receiving-bank instructions before arranging payment. Keep the VND payout or USD wire requirements with the freight booking in the same order file.
Before paymentConfirm whether payment is due in USD or VND.
03 / CORRIDOR GUIDE
Mexico payment corridor
USD MXNStart with the invoice currency and the beneficiary details. Before estimating the cost at your US warehouse, confirm the goods' origin treatment and include the cross-border charges in the order file.
Before paymentFile the USD and MXN quotes separately, including expiry dates and who pays the fees.
04 / CORRIDOR GUIDE
Europe payment corridor
USD EURFor an invoice in euros, work out the total USD you need to fund the EUR amount due. Record the payment route, delivery term and US import costs separately so each part of the budget can be checked.
Before paymentVerify the account name, IBAN and any other bank instructions.
The connections are illustrative. The two US anchors show alternative starting points; they do not represent provider coverage, tracked payments or shipping routes.
NO LIVE RATES · NO DELIVERY ESTIMATES03 / Before you commit
What will this order
cost at the warehouse?
Start with the supplier invoice. Add freight, duty and FX costs to see how much cash the order will need.
- Build a shipment budget, line by line
- Separate customs value from transport costs
- See the landed cost per saleable unit
04 / Reference guides
Keep these beside the order file.
FIELD GUIDE / 001
When is the
supplier paid?
See when payment falls due under advance payment, letters of credit, D/P and open account terms.
PROVIDER DESK / 002
Questions for your
payment provider.
Check eligibility, currencies and the charges to confirm with Wise, Payoneer or Airwallex.
REFERENCE / 003
The terms on
your paperwork.
Look up Incoterms, letters of credit, nostro accounts and other terms used in trade payments.