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Do I need to notify HKECIC if the buyer pays on time?

You don’t need to notify HKECIC if the buyer pays on time. Unless otherwise specified in HKECIC policy, you must report the case toHKECIC under the following circumstances.。

If you become aware of any adverse information about the buyer.

For example, the buyer runs into financial problems.

Any shipment remains unpaid for more than 60 days (for overseas buyers) from the payment due date

Any shipment remains unpaid for more than 30 days (for Hong Kong buyers) from the payment due date