Ask the Floor·sourcing

My supplier wants the deposit sent to a personal bank account, is this normal?

No, you do not transfer to a personal account. If the money goes to a personal account, there is no official invoice, no fapiao (the government tax invoice). And if there is no fapiao, then if something goes wrong later, you cannot use it against them officially. You have nothing to stand on. Keep it company to company, always.

✍️ Answered directly by Cengiz · Shanghai · Non-AI, 25 years in trade · July 26, 2026

If this is where you are right now, the 7-Factor Supplier Vetting System is the deeper version of this same check.

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I'm on the ground in Shanghai every week — supplier visits, audits, negotiations. cengiz@thefactoryfloorhq.com
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