We use these two banks to receive and release payments.
Bank Transfer Process
Seller accepts the purchase order
Seller delivers the product(s) to the buyer
ShipParts.com would release payment to the Seller through bank transfer
Buyer pays for the product(s) by bank transfer to ShipParts.com account
Buyer confirms receipt
As for the Buyer, the back transfer process would ensure that the Buyer's payment
is secure and minimize the risk that the Buyer cannot receive the product(s) after payment.
As for the Seller, the bank transfer process would ensure the receipt of the payment after shipping out the product(s).