Quoting from [ParisLvR06]:
I have this dilemma to start with. I have tried to use Western Union to send funds to a company called Hong Kong GloMarket. The funds were funded via Visa. As soon as I received a confirmation code I called them to verify and immediately they cancelled my transaction for reasons of liability. They stated that they are no longer accepting credit cards as a way to pay for internet transactions. I have never heard of this rule.
I have received the Proforma Invoice from the company and it stated their Swift Code from the bank Standard Chartered Bank as SCBLCNSXSHZ. This is totally incompatible with any United State's Banks Transfer services due to the routing number requirement of being a nine digit code without letters.
This is a pain, why can't merchants in China set up accounts with Visa, American Express, or Mastercards. These are widely acceptable methods of payments wordlwide when people go to visit the countries. It is irritating when they say they can not accept these methods of payments when businesses have credit cards for the sole purposes of expanding their business and keeping track of expenses. My advice is to join the modern world of modern business accounts if you expect to succeed or help others to also succeed!
Aside from that what else can I do?
You haven't been doing business very long, thats easy to see.
BIC Code SCBLCNSXSHZ
Institution name STANDARD CHARTERED BANK
Branch name (SHENZHEN BRANCH)
Now you need the account number to do the wire transfer.
Here's a standard form used by my bank to help you understand whats going on.
Make note of the intermediary Bank Information. Furthermore if your bank is such that there is no one there that has ever done a wire transfer to a foreign country I suggest you switch to a bank that does., or take the money out of your account and go to one that has international trade exposure. ie...Wells Fargo, Washington Mutual, Wachovia, Bank One, HSBC, Bank of America, Chase, AmSouth, ect....... Also make sure you know what the intermediary bank fee will be as this is an added cost to the total paid to your supplier.
Before you pay read this: http://resources.alibaba.com/topic/21689/Are_these_2_companies_legit_.htm
Hope this helps you