Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.




1149 posts

Uber Geek


# 215349 23-Jun-2017 16:11
Send private message

Do we have "escrow" service in Auckland for importing international parcels? Perhaps performed by international courier services?

 

The way I would like it as follows - seller from overseas sends their goods. On receiving the "signature and payment required" parcel I pay the money.

 

That protects me from paying in advance to unverified seller.

 

If goods are not requested within period - those are usually either returned back to the sender or destroyed by the courier - following sender's instructions.





Toyota / Lexus Hybrid and EV Battery Expert Battery Test & Repair 

 

 


Create new topic
3885 posts

Uber Geek

Subscriber

  # 1805942 24-Jun-2017 01:53

Supposedly Public Trust runs some sort of escrow service. But don't know anything about it.






2608 posts

Uber Geek

Trusted
Subscriber

  # 1805957 24-Jun-2017 07:47
One person supports this post
Send private message

Credit cards have made escrow effectively redundant for small purchases. Charge back serves the same purpose. Coupled with markets like Aliexpress or Alibaba they are pretty good.

If you are importing on a more significant scale then you pays your money and you takes your chances.

 
 
 
 


426 posts

Ultimate Geek

Trusted

  # 1805981 24-Jun-2017 09:49
One person supports this post
Send private message

Credit cards for smaller items as you have the option for chargeback and aliexpress etc... are pretty good too.

 

For larger shipments you're looking at letters of credit and these are arranged through your bank. Basically your bank issues an LC to their bank. The LC is a bank guarantee that funds will be paid out once the bill of lading has been signed off. A bill of lading is a legal document between the shipper of goods and the carrier detailing the type, quantity and destination of the goods being carried. The bill of lading also serves as a receipt of shipment when the goods are delivered at the predetermined destination.

 

Your bank will need to have some security (either mortgage held or a hold over a deposit) as once the bill of lading is signed off the bank has to pay the funds across. 

 

 

 

 


2971 posts

Uber Geek


  # 1805987 24-Jun-2017 10:15
One person supports this post
Send private message

How do you plan to import these? Is this big enough for a container or are we talking about something small enough to leave in a letterbox? 

 

At my last job I worked daily with shipping agents for containers we were bringing in. Our agreement with a lot of the factories in China was that we pay 30% deposit (sometimes more or less), they would ship the goods and then 10 business days from port we would settle the balance. And we would only do this once our shipping agent confirmed that container was on a ship to NZ etc. Some factories in this specific town/province of China won't do this however and would require full payment before shipping. I imagine some other factories in other countries may offer the same as well. 


Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Microsoft Translator understands te reo Māori
Posted 22-Nov-2019 08:46


Chorus to launch Hyperfibre service
Posted 18-Nov-2019 15:00


Microsoft launches first Experience Center worldwide for Asia Pacific in Singapore
Posted 13-Nov-2019 13:08


Disney+ comes to LG Smart TVs
Posted 13-Nov-2019 12:55


Spark launches new wireless broadband "Unplan Metro"
Posted 11-Nov-2019 08:19


Malwarebytes overhauls flagship product with new UI, faster engine and lighter footprint
Posted 6-Nov-2019 11:48


CarbonClick launches into Digital Marketplaces
Posted 6-Nov-2019 11:42


Kordia offers Microsoft Azure Peering Service
Posted 6-Nov-2019 11:41


Spark 5G live on Auckland Harbour for Emirates Team New Zealand
Posted 4-Nov-2019 17:30


BNZ and Vodafone partner to boost NZ Tech for SME
Posted 31-Oct-2019 17:14


Nokia 7.2 available in New Zealand
Posted 31-Oct-2019 16:24


2talk launches Microsoft Teams Direct Routing product
Posted 29-Oct-2019 10:35


New Breast Cancer Foundation app puts power in Kiwi women's hands
Posted 25-Oct-2019 16:13


OPPO Reno2 Series lands, alongside hybrid noise-cancelling Wireless Headphones
Posted 24-Oct-2019 15:32


Waikato Data Scientists awarded $13 million from the Government
Posted 24-Oct-2019 15:27



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.