In the current global trade environment, many Russian businesses face significant challenges when trying to settle payments with Chinese suppliers. At Fuly Hong Electronics Co., Ltd., we understand that high-quality PCB manufacturing is only half the battle—the other half is ensuring a smooth, secure, and legal financial transaction.
Why Payment is a Hurdle for Russian Clients
As a leading PCB and PCBA provider in Shenzhen with over 20 years of experience, we have seen the growing demand from the Russian market. However, traditional SWIFT transfers have become increasingly complex. This has led many clients to ask: “How can we pay for our PCB orders securely?”
Fuly Hong’s Two Seamless Payment Solutions
To support our partners in Russia, we have established two primary channels to simplify the procurement process:
1. VTB Bank Shanghai Branch (RMB Settlement)
Fuly Hong Electronics opened a dedicated account at the VTB Bank Shanghai branch over two years ago.
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The Benefit: Russian clients can transfer Chinese Yuan (RMB) directly from Russia to our VTB account in Shanghai. This avoids the complexities of intermediary banks and speeds up the production lead time.
2. Local Russian Bank Account (RUB Settlement)
For clients who prefer a more “domestic” experience, we also maintain a local bank account in Russia.
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The Benefit: You can pay in Russian Rubles (RUB) directly to this account. For you, this is treated as a domestic transaction, eliminating international wire transfer fees and cross-border complications.
More Than Just a Manufacturer
Based in the heart of the global electronics hub—Shenzhen—Fuly Hong Electronics is a “little famous” for its reliability and 20-year history. We offer:
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High-Quality PCB Fabrication
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Component Sourcing
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Professional SMT & THT Assembly
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Box Build Services
We don’t just provide products; we provide peace of mind. By solving the payment barrier, we allow you to focus on what matters most: your product development and market growth.
Contact Liber Tong today for a quote!
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