We are pleased to announce that Winjet Socks has officially opened a corporate bank account with VTB Bank (Shanghai Branch), one of the largest and most reliable banks serving cross-border trade between China and Russia. This upgrade greatly streamlines cross-border payment procedures, cuts down bank handling fees, and brings more stable, transparent and cost-effective settlement services for all our B2B customers from Russia and CIS countries.
Core Advantages of Our VTB Corporate Account for Your Orders
- Zero cross-border receiving fees for long-term cooperation
Following the official tariff rules of VTB Bank, we can enjoy free incoming cross-border CNY transfers in the next month, as long as we complete more than 9 valid domestic debit transactions within one month. Our daily operational payments, including staff salary disbursement and raw material procurement payments, can be counted as qualified transactions to meet this requirement.
For the new account opening month or months with less than 9 domestic outgoing payments, transparent standard charges will be applied: 0.17% handling fee for each incoming transfer, with a minimum charge of USD 25 and a maximum cap of USD 3000 per transaction. No hidden fees for all cross-border payments. - Full support of global standard SWIFT charge options (SHA / OUR / BEN)
All cross-border telegraphic transfers support three internationally recognized charge allocation modes, allowing our clients to choose the most suitable payment solution freely based on their own needs:
- SHA (Most Recommended): Sender and beneficiary bear respective local bank charges separately, the most widely adopted option in B2B international trade
- OUR: The buyer covers all bank charges including correspondent bank fees, ensuring us to receive the full payment amount
- BEN: All bank charges are deducted from the transfer amount and borne by the beneficiary
- Faster & safer cross-border settlement for China-Russia trade
As a professional bank focusing on China-Russia cross-border financial services, VTB provides more efficient fund clearance and lower risk of payment review compared with traditional domestic banks. It perfectly matches regular bulk orders, sample orders and repeated replenishment orders of customized socks, functional sports socks and seasonal socks.
Our Commitment
With the newly launched VTB payment channel, Winjet Socks keeps optimizing every detail of purchasing experience for overseas partners. We will provide clearer payment terms, lower financial costs and smoother trade cooperation for all Russia and CIS clients.
Feel free to contact us for quotation, sample arrangement and customized sock solutions anytime.
Winjet Socks Team
June, 2026
