Supplier program · Chinese exporters · Pilot program
Rhofin finances your US buyer. You simply get paid.
You keep your customer, your commercial relationship and control of buyer communication. Once the eligible goods ship and your export declaration is released, Rhofin pays the approved balance on your buyer's behalf, in US dollars, directly to your company's foreign-currency account at your bank in China, and you are credited the full amount. Your buyer repays Rhofin before the cargo is released in the US. No Rhofin financing fee is deducted from your payment, and you take on no borrowing. Once Rhofin has paid you, you do not retain the buyer's repayment risk.*
Start with one buyer today. Named, indicative view within 48 hours.
Available on ocean shipments from mainland China to qualifying US business buyers, where the shipment moves on a negotiable bill of lading issued by a logistics provider with a release procedure agreed with Rhofin. Payment is made after your export customs declaration is released and the bill of lading is issued and under Rhofin's control. Financing availability varies by state. Each transaction is subject to buyer eligibility, your receiving bank's written confirmation that it will credit a third-party payment, routing eligibility, verification, credit approval and applicable law.
A US$50,000 order, illustrated
Initial transactions are generally between US$25,000 and US$50,000.
US$15,000
Your buyer pays upfront, direct to you, at order. Typically around 30% for initial transactions.
US$35,000
Rhofin pays you the remaining balance, direct, once the goods are shipped and cleared.
US$50,000
100% of invoice value, banked typically within one business day of customs release, bill of lading control and our document check, credited in full.
Rhofin financing cost to you: ¥0
Your buyer repays Rhofin at arrival, before the cargo is released in the US.
Illustrative example, not an offer. The upfront contribution is agreed between you and your buyer and may be subject to Rhofin's transaction requirements. Rhofin finances the approved remaining supplier balance. Payment is made gross: Rhofin bears all correspondent bank charges, so you are credited the full amount. Payment is final once made, except for established fraud or material breach of specified supplier warranties; a refund is required only in the limited circumstances in the terms. Payments are made in US dollars to your foreign-currency account.
Launching in China with participating logistics providers
One shipment, start to finish
Tell us your buyer. Ship. The money arrives.
Before the first payment, once
A bilingual authorisation in your export contract
The clause authorising Rhofin to pay on your buyer's behalf goes into your export contract itself, or an addendum to it, executed in English and Chinese as one instrument, signed by you and your buyer with your company chop where required. Under a master sale agreement one addendum covers every order issued under it; without one, the clause goes into each firm irrevocable purchase order. It is what shows your bank, from your own contract, why the payer is not the buyer.
Your bank's written acceptance, before you are onboarded
Rhofin is the payer, not your buyer. Chinese banks must satisfy themselves that a goods-trade receipt is genuine, reasonable and internally consistent, so we ask your receiving bank to confirm in writing that it will credit a receipt where Rhofin is the ordering customer while your buyer stays the contractual buyer. We ask before you are onboarded, not after, so that nobody completes documentation and then finds out the branch will not accept it. Silence is not confirmation.
One bank, one account, in your own name
Your buyer's deposit, Rhofin's payment and any balance all arrive through the same receiving bank and the same foreign-currency account, held in your own registered name. The deposit quotes the export contract and invoice; Rhofin's payment and any later balance also quote the released export customs declaration, so every receipt reconciles to one export.
Order
Your buyer pays the upfront contribution direct to you. Typically around 30%.
Ship and clear customs
You ship and your export customs declaration is released. The logistics provider confirms custody and the negotiable bill of lading is issued.
You are paid
Rhofin pays your remaining balance, in US dollars, on your buyer's behalf, to your foreign-currency account at your bank in China, typically within one business day of the document check. You are credited the full amount.
Arrival in the US
Your buyer repays Rhofin. Only then is the cargo released.
Shanghai / Ningbo / Shenzhen / Qingdao / Xiamen · participating logistics provider
Ocean transit and US handling · typically 35 to 55 days to availability at the US CFS; varies by route
US CFS · release only against Rhofin's instruction
Illustrative flow. Payment is subject to the conditions in clause 4 below. Transit times vary by route.
The alternatives
What Chinese exporters do when a smaller US buyer asks for terms.
Lose the order
Insist on T/T in advance or an L/C at sight.
Smaller US buyers rarely pay in full before shipment, and many will not open a letter of credit for a US$40,000 order: their bank charges more than the deal is worth and it ties up their own line. Insisting on it means the order goes to a competitor down the road, or to Vietnam, who will take the risk.
Wait for payment
Ship on D/P or open account.
Your money is at sea and then on the buyer's books. If the buyer does not take up the documents, your container sits at a US port accruing demurrage, 11,000 kilometres from your desk, with a distress sale as the exit.
On your balance sheet
Borrow against the export contract.
Chinese banks do offer packing finance before shipment and export bill discounting after it, but it is your borrowing. It consumes your credit limit, it is usually secured or backed by the legal representative's personal guarantee, and with recourse it does nothing about the buyer's risk: you still carry it.
No buyer limit
Ask a credit insurer or factor.
Non-recourse export factoring, and the short-term export credit insurance behind it, need an approved credit limit on your buyer. Smaller or less-established US buyers often do not qualify for enough cover, and a limit that comes in at a fraction of the order does not close the gap. Without cover, the factor cannot take the risk.
With Rhofin
You get paid at shipment. Rhofin finances your US buyer.
Rhofin extends the financing to your US buyer, secured on the financed cargo and its proceeds. You are the payee, not the borrower. There is no facility, no limit application, no property collateral and no financing cost: nothing appears on your balance sheet, nothing touches your bank line, and receiving the payment creates no foreign debt of your company. Rhofin pays the balance on your buyer's behalf, gross, and bears all bank charges, so you are credited the full amount. Once Rhofin has paid you, you do not retain the buyer's repayment risk. Payment is final once made, except for established fraud or material breach of specified supplier warranties. An ordinary commercial dispute with your buyer is not, by itself, grounds to reclaim it. Your buyer's own rate and total cost are shown to them before they commit; see Rhofin's buyer pricing.
Getting started
Getting started takes three steps.
Rhofin never contacts a buyer you nominate before you introduce us. The introduction is yours to make, when the indicative view is in your hands.
- 1
Tell us which US buyers you supply
Start with one buyer or list several for an initial fit check. Company name and city are enough; no invoices, no volumes, no contact persons at this stage. We match names against US customs records.
Free · No obligation · Confidential
- 2
Get an indicative view
Within 48 hours we tell you whether the buyer appears eligible and the indicative transaction size we may be able to support. If we cannot proceed, we tell you in writing and explain why.
Indicative only · Not a commitment
- 3
Make the introduction
Forward the one-page buyer invitation. Your buyer signs its Rhofin financing agreement online and onboards once, and signs the bilingual third-party payment authorisation with you. Your pricing and your purchase order stay between you and your buyer; Rhofin's terms to your buyer are shown to them up front.
Your relationship · Your timing
Trust and control
Built for Chinese exporters.
Built into the logistics network
ECU Worldwide
An Allcargo Group company
One of the world's largest LCL consolidation networks · 160+ countries
Available on approved lanes, including Shanghai, Ningbo, Shenzhen, Qingdao and Xiamen · LCL and FCL, ocean only · Approved lanes and approved suppliers only
Network figures as reported by Allcargo/ECU, 2026.
You ship as usual. We handle the financing.
Use the familiar ECU Worldwide shipping process. Once your declaration is released and the bill of lading is issued and controlled, Rhofin pays your approved balance directly. Your buyer then repays Rhofin before the goods are released in the US.
Logistics controlled
Financing runs on shipments moving through participating logistics providers. In China that begins with ECU Worldwide, part of the Allcargo Global group. The documentary controls behind the financing, above all the negotiable bill of lading issued to Rhofin's order, are what let Rhofin pay against your export order.
Built for your bank's review
Chinese banks must satisfy themselves that a goods-trade receipt is genuine, reasonable and internally consistent. That is why we pay after your export declaration is released and the bill of lading is issued: your bank is handed a complete, self-consistent file, contract to payment, before it is asked to credit anything. It is also why the authorisation sits in your own export contract, in English and Chinese, and why we obtain your bank's written acceptance before you are onboarded.
No borrowing, no foreign debt
You are the payee, not the borrower. You owe Rhofin no principal, interest, fee, discount or financing charge, you give no guarantee, you grant no pledge or security transfer of title, and you do not sell or assign your export receivable. Receiving a payment creates no foreign loan or external borrowing of your company. Your only repayment obligation is a refund in the limited circumstances in clause 5.
US financing
Rhofin Inc. is a Delaware-incorporated nonbank commercial finance company. Financing is extended in the United States to eligible US commercial buyers under US law. Availability varies by state. You are paid from the United States. Rhofin does not lend, take deposits or hold any banking or factoring licence in China.
How payment to China works
Rhofin pays the approved balance in US dollars from its own US account, on your buyer's behalf, directly to your foreign-currency account at your bank in China. Rhofin, Inc. itself is the ordering customer on every payment: no substitute payer, no intermediary payment service provider, and no nested or payable-through arrangement, so the remitter named in the payment message is the same entity named in the authorisation in your export contract. The narrative identifies the payment as a third-party export payment made on the buyer's behalf and carries your buyer, your export contract, your commercial invoice and your released customs declaration; if your bank prescribes a different format or a transaction-purpose reference, your bank's format wins and we adopt it.
Payment is made gross, so you are credited the full amount, and if a bank in the chain deducts anything we make up the documented shortfall within five business days. Your buyer's deposit, Rhofin's payment and any balance all run through the same bank and the same account, each quoting the same contract and invoice.
Request the pack for your bank →
Nothing on this page is advice on Chinese foreign-exchange, tax or customs law. Your compliance remains your responsibility; Rhofin provides the transaction documentation and the bank-facing pack to support it. See clause 6 below.
Why do you pay after shipment and not before?
Because it is what makes the receipt easy for your bank to accept. Rhofin does not remit until your export customs declaration has been released and the negotiable ocean bill of lading has been issued and is under Rhofin's control. Your bank is then handed a complete and self-consistent file, export contract, purchase order, commercial invoice, released declaration, bill of lading and payment, before it is asked to credit anything, rather than a receipt against an export that has not yet happened.
In practice the wait is short. Once the declaration is released, the bill of lading is issued and controlled, custody is confirmed and your documents check out, the wire goes typically within one business day. There is no post-payment shipment deadline to manage in China and no advance receipt to explain, because the goods have already gone. See clause 4 below.
What happens to my export tax refund?
This is the question that matters most, so here is the full answer. Your export tax position can require you to collect the export proceeds within the prescribed period and to keep evidence of receipt you can produce to the tax authority. A payer who is not the buyer is exactly the kind of fact that file should explain on its face, rather than by reconstruction a year later.
So we build the file for you before the first payment, not after a query:
- the bilingual authorisation clause in your export contract, or an addendum to it, naming Rhofin and signed by you and your buyer in English and Chinese as one instrument;
- your buyer's executed standing confirmation that Rhofin is its authorised third-party payer and that receipt from Rhofin discharges its purchase-price obligation to you;
- a payment notice issued before the remittance, carrying the export contract, the purchase order, the commercial invoice, the released customs declaration and the bill of lading;
- after value date, and within one business day of it, the payment confirmation, the narrative as actually sent and the remittance evidence, with a written reconciliation where your buyer's deposit means the remitted amount differs from the invoice total.
Your refund claim remains yours to make in the normal way. We do not file it, and we cannot guarantee the outcome, which sits with your tax authority. Whether a payer who is not the buyer affects that position is one of the points Rhofin is confirming with Chinese counsel and with the first receiving bank before any exporter is onboarded. Discuss the arrangement with your tax adviser before your first payment; we will provide the documentation pack for that conversation on request. See clause 6 below.
Does this create foreign debt for my company?
No, and the documents are written to make that plain. You are the payee, not the borrower. Rhofin lends to your buyer, not to you. Rhofin's money discharges your buyer's payment obligation to you to the extent you receive it, which is why the discharge wording sits in your own export contract. You owe Rhofin no principal, interest, fee, discount, commission or financing charge; you give no guarantee of your buyer's obligations; you grant no pledge, mortgage or security transfer of title; and you do not sell or assign your export receivable.
The bill of lading is issued to Rhofin's order because your buyer nominates it that way under the sale contract, not because you have granted anyone security over your goods. Your only repayment obligation to Rhofin is a refund in the limited circumstances in clause 5 below: a cancelled, materially short-shipped or rejected export, a duplicate or an overpayment. That refund goes back in the currency received, from the same account, through the same bank, to the account it came from.
What do you need to know about where my goods are made?
More than a bank would ask, and for a reason that protects you as much as us. Rhofin's security is the cargo. If US Customs detains a shipment over forced-labour concerns, an antidumping finding or a classification dispute, the cargo stops being collateral and the transaction fails, and the questions come back to the supplier. So we screen before we approve a lane, and we will ask for manufacturer and factory details, the production location, a bill of materials with the origin of principal inputs and purchase invoices for those inputs, as US import-compliance screening requires, including under the Uyghur Forced Labor Prevention Act.
The same check runs on the export side. The program covers ordinary, non-controlled manufactured goods only, so we ask for the tariff classification and a plain description at onboarding and for each shipment. Licence-controlled, dual-use, rare-earth and critical-mineral, military or sensitive end-use, and state-channelled goods are outside it. If you already export to the US you almost certainly hold everything we ask for. If you cannot produce it, we cannot finance the lane, which is not a judgement about your business, it is what our own collateral position requires. See clauses 8 and 9 below.
How and when you are paid
Rhofin's payment is a third-party payment of the balance, made on your buyer's behalf under the authorisation in your export contract. Once the setup is in place, your export declaration is released, the bill of lading is issued and controlled, custody is confirmed and your documents check out, Rhofin pays typically within one business day, in US dollars, gross: Rhofin bears all sending, correspondent and beneficiary bank charges, so you are credited the full amount, and if a bank in the chain deducts anything, Rhofin makes up the shortfall within five business days. Your buyer's deposit, Rhofin's payment and any balance all arrive through the same bank and account. See clause 4 below.
How is the transaction secured?
The controls sit in the paperwork, not in your shipping process. Custody of the goods is confirmed by the participating logistics provider, and the negotiable ocean bill of lading is issued to Rhofin's order at your buyer's nomination, with your buyer as notify party and telex and express release disabled, so the cargo is released in the United States only against Rhofin's instruction. Paper originals are the route for this program. The released declaration, the issued and controlled bill of lading, confirmed custody and a clean document check are what trigger your payment, which follows within one business day. The conditions in full are in clause 4 below.
What if my buyer does not pay after you have paid me?
Once made, payment to you is final and is not conditional on your buyer repaying Rhofin. It may be reclaimed only for established fraud or material breach of the specified supplier warranties; an ordinary commercial dispute between you and your buyer does not, by itself, affect it. Rhofin controls release of the cargo through the negotiable bill of lading and its financing documents, and decides how to recover or realise it. You are not required to take the goods back. The full terms are in clause 5 below.
When can a completed payment be reversed?
Rarely, and only in the limited circumstances set out in the terms: if the export is cancelled, materially short-shipped or rejected before completion, or the payment is a duplicate or an overpayment, the affected amount is refunded in full, in the currency received, from the same account and through the same bank, back to the Rhofin account it came from, within ten business days of demand, with no set-off against another transaction; and for established fraud or a material breach of your warranties. Because payment follows shipment in China, there is no post-payment shipment deadline to miss. An ordinary commercial dispute with your buyer is not one of them. See clause 5 below.
What does my buyer pay?
The financing cost is your buyer's, and no Rhofin fee is deducted from your payment. The financing period runs from the day Rhofin pays you to the day your buyer repays, so on shorter transpacific routings your buyer's total cost is lower. Your buyer's own rate and total cost are shown to them before they commit, and Rhofin's buyer pricing is published on this site. See clause 3 below.
The confidentiality undertaking in full
Rhofin never contacts a nominated buyer before you introduce us, and never solicits or markets to one independently. If you decide to proceed, you make the introduction. After that, Rhofin deals with your buyer directly, only for onboarding, documentation and the financing itself. Nominations are held under a mutual confidentiality undertaking built into the nomination form, and at the nomination stage we ask for nothing beyond the buyer's company name and location. For most ocean freight into the United States, that information is already available in public customs records. We use lawfully available US customs records and other commercial data sources for one purpose: to assess whether we can finance the buyers you name.
Who is behind Rhofin
Rhofin is led by founder Christoph Gugelmann (ex-Goldman Sachs, Bank of America, Tradeteq), CTO Nathan Driscoll (architect of Tradeteq's platform), and board member Vaishnav Shetty (Deputy MD at Allcargo Global), supported by an executive team with decades of global banking and trade-finance experience.
See the Important information below.
Approved lanes only
Check if your US buyers qualify.
Tell us who you would sell more to if payment were not the problem. Start with one buyer or list several. We return a named, indicative financing view within 48 hours. If we cannot proceed, we explain why in writing. Free, confidential, and no obligation on you or your buyer.
This is a preliminary enquiry, not an application. No credit check is run on you at this stage, and none is run on your buyer until the buyer itself applies. Three things have to work: your buyer has to be eligible, your receiving bank has to accept, in writing, a payment sent by your buyer's financier, and your shipment has to be routed so Rhofin can control release in the US. We assess all three. China is at pilot stage, and we complete the counsel and bank confirmations before onboarding the first exporter, so a nomination now puts you in the first group. See clause 2.
Prefer to read first, or talk it through?
Download the supplier program brochure(PDF)Slots show in your local time.
The full terms
Important information
11 clauses · Supplier program, China · Version 2026-08-27.2 · Effective 27 August 2026
01
Who we are. Rhofin Inc. is a nonbank commercial finance company incorporated in the United States. Rhofin is not a bank, does not accept deposits and does not hold customer funds. Rhofin does not extend credit to the Chinese exporter, accept deposits in China, or provide any banking, lending or factoring service in China, and holds no Chinese licence; it makes third-party export payments from the United States, for the account of eligible US buyers, in connection with financing extended to those buyers. Receiving a payment under this programme does not create a foreign loan or external borrowing of your company. Chinese export, customs, tax, foreign-exchange and export-control requirements continue to apply to you and to your bank.
02
What this page is. This page describes a program under which Rhofin finances qualifying US business buyers and pays their Chinese suppliers direct. Nothing here is an offer or commitment to finance any buyer, to make any payment, or to purchase any receivable. A buyer nomination is a preliminary enquiry, not an application; an indicative financing view is an indication, not a commitment. Every transaction is subject to buyer eligibility, verification, credit approval, definitive documentation and applicable law, and financing availability varies by state. The China program is at pilot stage: Rhofin does not onboard a Chinese exporter, and does not fund a first transaction, before the confirmations described in clause 6 have been obtained. Once a buyer itself applies, credit decisions and their reasons are communicated to the buyer. The definitive transaction documents govern; nothing on this page varies them.
03
You are the payee, not the borrower. The financing is a secured commercial loan extended to your US buyer. No facility is extended to you. You owe Rhofin no principal, interest, fee, discount, commission or financing charge, you give no guarantee of your buyer's obligations, you grant no pledge, mortgage or security transfer of title, and you do not sell or assign your export receivable. Each payment is made gross: Rhofin bears all sending, correspondent and beneficiary bank charges, so you are credited the full amount stated in the payment notice. If a bank in the payment chain nevertheless deducts a charge, Rhofin remits the shortfall to the same account within five business days, against the same payment notice, export contract, commercial invoice and released customs declaration, so that what you receive matches the amount stated. Your only repayment obligation to Rhofin is the refund in clause 5. Your buyer's repayment obligation, and the collateral securing it, are matters between Rhofin and your buyer.
04
Conditions to payment. The China program is post-shipment only. Rhofin pays your remaining balance typically within one business day after all of the following: your export contract, master sale agreement or firm irrevocable purchase order, or an addendum to it, contains the clause authorising Rhofin to pay on your buyer's behalf, executed in English and Chinese as a single instrument, and Rhofin holds a copy of it; your receiving bank has confirmed in writing that it will credit and process a receipt in which Rhofin is the ordering customer while your buyer remains the contractual buyer, silence or an unanswered disclosure not being confirmation; your export customs declaration has been accepted and released; the negotiable ocean bill of lading has been issued to order as Rhofin directs and is held or controlled by Rhofin or its nominee, with telex and express release disabled; custody of the goods is confirmed by the participating logistics provider; your commercial invoice, purchase order and packing list conform to each other and to the shipment record; your foreign-currency account is verified in your company's registered legal name; and screening under clause 6 and clause 9 is clear. No advance or pre-shipment receipt is processed unless Rhofin has activated it in writing following legal review and your receiving bank's written acceptance. If a condition fails, we tell you which one, in writing.
05
Finality, warranties and refunds. Once made, payment to you is final and is not conditional on your buyer repaying Rhofin. You give specified warranties that the documents are genuine, the transaction is a genuine sale of your own unencumbered goods, the goods shipped are the goods described in the documents, the goods fall within the tariff classifications recorded at onboarding and are not subject to export licensing or export control, and no input is from a source subject to US forced-labour import restrictions. A refund is required only in limited circumstances: an export that is cancelled, materially short-shipped or rejected before completion, a duplicate payment or an overpayment, established fraud, or material breach of those specified warranties. Where a refund is due it is returned in full, in the currency received, from the same account and through the same receiving bank, to the originating Rhofin account, within ten business days of demand, with no set-off, netting or reallocation against another transaction, shipment, invoice or party. An ordinary commercial dispute between you and your buyer, including a quality or conformity claim, does not, by itself, make your payment conditional on the buyer repaying Rhofin. If your buyer defaults, Rhofin controls the cargo through the negotiable bill of lading and its financing documents and decides how to recover or realise it. You are not required to take the goods back.
06
Payments to China; tax, foreign exchange and regulatory. Payments are remitted in US dollars from an account held by Rhofin, Inc. in its own name at a bank in a Financial Action Task Force member jurisdiction, with Rhofin, Inc. itself named as the ordering customer. No substitute payer, no intermediary payment service provider and no nested or payable-through arrangement is used, so the remitter named in the payment message is the same entity named in the authorisation in your export contract. Funds go only to one designated foreign-currency account in your company's registered legal name at one designated receiving bank in China. Your buyer's deposit, Rhofin's payment and any balance are received through that same bank and account; the deposit references the export contract and commercial invoice, and Rhofin's payment and any later balance also reference the released export customs declaration. The remittance narrative identifies the payment as a third-party export payment made on the buyer's behalf and carries the buyer, the export contract, the commercial invoice and the customs declaration; where your bank prescribes a different narrative or a transaction-purpose reference, your bank's format prevails. Chinese banks are required to satisfy themselves that a goods-trade receipt is genuine, reasonable and internally consistent, and a payer who is not the contract buyer is a fact a bank will want explained, which is why the authorisation sits in your own export contract and why Rhofin obtains your bank's affirmative written confirmation before you are onboarded rather than after. Rhofin is to be identified accurately as the actual overseas payer in your balance-of-payments and foreign-exchange declarations, and neither you nor your buyer presents your buyer as the remitter. You maintain your registration in the trade foreign-exchange receipts and payments enterprise directory and your customs and export-tax registrations, and you remain responsible for your own foreign-exchange, customs and tax compliance, for your bank's own requirements, and for making your own export tax refund claim; Rhofin does not file, guarantee or indemnify that claim. Before each remittance Rhofin issues a payment notice identifying the transaction, and within one business day of value date a payment confirmation, the narrative as actually sent and the remittance evidence, with reasonable support on a bank query within two business days. Rhofin will not onboard a Chinese exporter or fund a first transaction before it has obtained, to its reasonable satisfaction, confirmations from Chinese counsel and from the first receiving bank on the treatment of an overseas third-party payer, the sufficiency of the documentary set for the bank's review, the reporting of the actual payer, the effect on the export tax refund position and the refund route. Risk-based sanctions, forced-labour and trade-compliance screening runs at onboarding, at each payment and before each release, and payment may be withheld where screening is not clear.
07
Buyer confidentiality. Rhofin will not contact a nominated buyer before you introduce us, and will not solicit or market to a nominated buyer independently; once you make the introduction, Rhofin deals with the buyer directly only for onboarding, documentation and the financing. Nominations are held under a mutual confidentiality undertaking and used only to assess and document transactions under this program. Rhofin may use public US customs records and other lawful data sources in that assessment.
08
Goods in scope. Ordinary, non-controlled manufactured consumer or industrial goods, identifiable and with an established resale market, shipped wholly by sea, within the tariff classifications recorded at onboarding. Examples: home textiles, home furnishings, kitchenware and housewares, hardware, auto components and packaging. Out of scope: goods subject to export licensing or export control, including dual-use items, controlled electronics and technology, rare-earth and critical-mineral products and derived materials, military or sensitive end-use items, and goods subject to a state-trading or designated export-channel requirement; commodities, seasonal goods and fungible bulk; goods not identifiable by container and lot marks; perishables; hazmat; pharma; alcohol; tobacco; weapons; and sanctioned or high-risk supply chains. Air shipments are outside the program. Approved lanes and approved suppliers only. You give Rhofin the tariff classification and a plain description of the goods at onboarding and for each shipment, and tell us immediately if a regulatory change would bring your goods within any control or licensing regime, in which case funding is suspended pending review.
09
Origin, export control and trade compliance. US import measures applying to Chinese-origin goods change frequently and are outside Rhofin's control. Rhofin does not advise on tariff classification, country of origin, duty rates or eligibility for any preference, and gives no assurance about the duties payable on any shipment. Because Rhofin's security is the cargo, Rhofin may require manufacturer and factory information, production location and reasonable supply-chain tracing needed for US forced-labour and import-compliance screening, including under the Uyghur Forced Labor Prevention Act, and may decline a lane where that evidence cannot be produced. A tariff change, a customs detention, a withhold release order or a duty assessment does not create any obligation of Rhofin to you and does not entitle Rhofin to reclaim a payment already made to you, except for established fraud or material breach of the warranties in clause 5.
10
Logistics and control. Financing requires the shipment to be routed so that the party controlling release of the cargo at the United States destination, ordinarily the party issuing the delivery order, has a release procedure agreed with Rhofin in advance. Your buyer nominates Rhofin or its nominee as the party to whose order the negotiable ocean bill of lading is issued, with your buyer as notify party; that is a buyer nomination under the sale contract, not a pledge, mortgage or security transfer of title by you. Telex and express release are disabled, and the cargo is released only against Rhofin's release instruction. You will not request or accept a straight consignment, sea waybill, telex or express release, switch or replacement bill, re-consignment, diversion or change of consignee without Rhofin's prior written consent. Paper original negotiable ocean bills of lading are the document route; no electronic route is used unless Rhofin has obtained a satisfactory Chinese-law opinion and your receiving bank has confirmed the route in writing. Rhofin has no agreement with, and gives no assurance about, any freight forwarder, consolidator, carrier or agent engaged by you or by your buyer, and Rhofin's willingness to finance a shipment is not a recommendation of any such party. Rhofin may decline to finance a shipment where the required release control cannot be established on the routing proposed. Logistics services are provided by the relevant provider under its own terms; Rhofin is not a carrier, forwarder, NVOCC or customs broker.
11
No advice; law; language. Nothing on this page is legal, tax, accounting, foreign-exchange or financial advice in any jurisdiction. The third-party payment authorisation in your export contract is executed in English and Chinese as a single instrument, and the accession you sign with Rhofin bears your company chop where required; in those instruments the English version prevails in the event of any inconsistency, to the extent permitted by applicable law. The documents you sign with Rhofin are governed by the laws of the State of New York, without prejudice to mandatory Chinese law governing your export, customs, tax, foreign-exchange, export-control and maritime obligations, and disputes are finally resolved by arbitration under the SIAC Rules by one arbitrator seated in Singapore, in English, with a carve-out for interim, provisional or possessory relief from a court of competent jurisdiction. Where this page is provided in Chinese and English, the English version governs in the event of any inconsistency.