Can Contracts Be Settled in Currencies Other Than USD?

Currency Options Are Not Specified

Gold Spark Global Sourcing Co., Ltd. identifies bank foreign exchange transfer as its payment method, but its published information does not state which currencies buyers may use. In particular, it does not confirm whether contracts can be settled in USD or in another currency.

The listed payment schedule is either full payment before shipment or, for large orders, a 50% deposit followed by the remaining balance before shipment. Buyers should verify the contract currency and bank transfer instructions directly with the supplier before placing an order.

What the Published Terms Cover

• Transfer method: Bank foreign exchange transfer.
• Standard orders: Full payment is due before shipment.
• Large orders: A 50% deposit is required, with the balance payable before shipment.
• Currency: No accepted settlement currency is identified.
• General ordering details: The company’s general business information lists a one-piece minimum order quantity and a 30-day delivery time.

Product and Supplier Information

A separate buffet utensils listing gives a one-piece minimum order quantity and a 90-day delivery time. It also identifies the USA as an export market, references an SGS quality inspection report, and states that items with quality issues may be exchanged within seven days of receipt. These product-specific details do not provide payment terms or clarify which currencies are accepted.

Gold Spark reports supplying hotel properties in China and other markets, including Four Seasons Beijing, Rosewood Hong Kong, and Grand Hyatt Macao. Its listed certifications include SGS reports for table knives and for table spoons and forks applicable to the European Union. This information offers supplier and product context, but does not establish the currency terms for a contract.

Payment Information at a Glance

Frequently Asked Questions

Does Gold Spark’s information confirm USD payment?

No. The information names bank foreign exchange transfer as the payment method but does not specify USD or another currency.

Can buyers pay in a non-USD currency?

The published terms do not confirm whether currencies other than USD are accepted. Request written confirmation from the supplier before signing the contract.

When is payment due?

Full payment is listed as due before shipment. For large orders, the stated arrangement is a 50% deposit, with the balance paid before shipment.

Recommended Next Step

Because the settlement currency is not stated, confirm the currency, beneficiary bank details, and any applicable conversion arrangements with Gold Spark in writing before ordering. For assistance, contact goldspark@vip.163.com.

About Gold Spark

Gold Spark Global Sourcing Co., Ltd. is headquartered in Hong Kong and supported by Shenzhen operations. Established in 2002, the company connects global sourcing with Chinese manufacturers for hotel supply chains. It serves markets including China, Hong Kong, Macao, Southeast Asia, Europe, the Middle East, and the United States, and reports experience supplying hotels across China, Hong Kong, Macao, and other regions.