Send Money from China to Argentina
Businesses in China paying Argentina suppliers for Agriculture. Send CNY from China, receive ARS in Argentina with t+0 (2.3s avg within unicorn network).
Save £3,020 per £100k Payment
China to Argentina corridor savings
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Fast conversion
- ✓ Transparent 0.5% spread
- ✓ CVU (Clave Virtual Uniforme)
Sending from China: What You Need to Know
CNY Origin Specifics
- CNY managed by PBOC
- CIPS payment system
- Capital controls on outflows
Your Local Advantages
- Fast CNY conversion
- Competitive rates for CNY collection
Paying Suppliers in Argentina: Compliance & Requirements
Regulatory Considerations
- Banco Central de la República Argentina FX controls
- AFIP (Tax Authority) documentation
- IVA (VAT 21%) on goods and services
- Currency restrictions - confirm compliance
Payment Best Practices
- Argentina = Agricultural powerhouse, beef/soybean exporter
- Currency volatility HIGH - FX hedging critical
- Buenos Aires = Main business hub
- Capital controls - confirm payment feasibility before contracting
China → Argentina Corridor Insights
Popular Industries
- Agriculture
- Beef
- Wine
Peak Trading Hours
CST (GMT+8) to GMT time zone consideration
Typical Volume
£50k-£250k
Frequently Asked Questions: CNY-ARS Payments
How fast are CNY-ARS payments?
CNY-ARS payments settle in an average of 2.3 seconds wallet-to-wallet when using Unicorn Currencies' local rails, or 1-3 days via traditional SWIFT depending on the route and correspondent banks involved.
What does a CNY-ARS transfer cost?
Unicorn Currencies charges a 0.5% FX spread plus a flat fee of £5 per payment for CNY-ARS transfers. This is significantly cheaper than traditional banks which typically charge 2-4% in hidden FX margins plus high SWIFT fees.
What exchange rate do I get for CNY-ARS?
You get real-time wholesale CNY-ARS exchange rates with 15-second rate locks. Our rates are sourced from institutional FX markets, giving you the same pricing that banks use for their own trades.
Can I lock the CNY-ARS rate in advance?
Yes, forward contracts are available for CNY-ARS payments. You can lock in today's rate for future payments, protecting your business from currency fluctuations for up to 12 months.
What details do I need for CNY-ARS payments?
Beneficiary details vary by destination. For Argentina payments, you typically need the recipient's local account details (CVU (Clave Virtual Uniforme)), account number, and beneficiary name. Some destinations may also require local clearing codes.
Ready to Send CNY from China to Argentina?
Save 86% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB