How does a buyer open a cross-border treasure account with a domestic 1688 account?

The prerequisite for buyers to open Cross-border Treasure is that they must have an overseas parent company;

In layman's terms, the function of Cross-border Treasure is to be used by overseas main companies to entrust domestic procurement agencies (commonly known as buyers) to trade on Alibaba for foreign exchange settlement and payment (the foreign exchange settlement agency we introduced is the third party "Shanghai Fuyou Payment Service Co., Ltd.", hereinafter referred to as: Fuyou). If you are only doing cross-border trade for individuals, it is not recommended to open it.

If you are sure you want to activate it, you can follow the steps below:

Step 1: Buyers need to log in to Fuyi Cross-border Platform to register (https://fx.fuiou.com/)

Step 2: After filling in the basic registration information, Fuyi will send an activation email to the email address filled in during registration.

Step 3: After receiving the email and activating the link in the email body, the customer will be asked to fill in the account opening information and upload relevant documents of the overseas company.

Step 4: After the above materials are submitted, Fuyou will contact the buyer within 5 working days to sign and archive the foreign exchange settlement agreement, and will provide the buyer with an identity authentication KEY. At the same time, the buyer needs to add the overseas company's receiving bank account information in the Fuyou backend.

Step 5: After completing the above operations, the buyer needs to link the Fuyou account in the corresponding 1688 Cross-border Treasure background (buyer background: https://rongzi.1688.com/n/kj-pay/buyer-signing.htm), supplement the information, fill in the buyer identity authentication key provided by Fuyou, and the activation is completed.