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About SHFE
Bonded Delivery of Standard Warrant at Expiration
Updated on 2022-06-131） 1st delivery day：buyer’s customer submits delivery intention via member while seller’s customer submits warrant via member;
2） 2nd delivery day：the Exchange matches warrant based on both parties’ intension and completes double check;
3） 3rd delivery day：buyer’s customer submits payment for goods via member while the Exchange releases standard warrant after confirming the receipt of such payment;
4） 3rd, 4th and 5th delivery day: seller issues VAT invoice to seller’s member; seller’s member issues VAT invoice to the Exchange; the Exchange issues VAT invoice to buyer’s member; buyer’s member issues VAT invoice to buyer’s customer;
Bonded Delivery of Standard Warrant at Expiration
Updated on 2022-06-13
1） 1st delivery day：buyer’s customer submits delivery intention via member while seller’s customer submits warrant via member;
2） 2nd delivery day：the Exchange matches warrant based on both parties’ intension and completes double check;
3） 3rd delivery day：buyer’s customer submits payment for goods via member while the Exchange releases standard warrant after confirming the receipt of such payment;
4） 3rd, 4th and 5th delivery day: seller issues VAT invoice to seller’s member; seller’s member issues VAT invoice to the Exchange; the Exchange issues VAT invoice to buyer’s member; buyer’s member issues VAT invoice to buyer’s customer;
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