Settlement Rules

2017-05-09 14:29:21

Settlement rules

1. Platform calculates the order completed in last month before settled.
2. The orders refund will be deducted from the settlement amount.

Settlement method
1. Pay with bank transfer method currently to the seller’s registered bank account directly.

2. The transfer currency is RMB for Foreign sellers, and local currency for Local sellers. The currency rate is according to the day of settlement billl made.

Settlement time
1. Make the settlement every month.
2. Transfer on 10th each month.
3. For any of the following cases , Kilimall has the right to delay the settlement or amount as specified:
(a) The store is closed or suspended because of adverse events;
(b) The refund exceeds the actual payment amount.