China to Argentina corridor
Pay Argentina from China, in control.
CNY in, ARS out, at a pre-agreed FX margin, with route context, proof, and a desk that owns the follow-up.
The routeOPERATIONAL
CNY
China
ARS
Argentina
COLLECTCNY FUNDING · SWIFT
FXPRE-AGREED MARGIN
DELIVERARS · CVU (CLAVE VIRTUAL UNIFORME) · MEP (SISTEMA DE LIQUIDACIÓN BRUTA EN TIEMPO REAL)
PROOFREFERENCE ON EVERY LEG
Why this corridor needs control
FX visibility
The CNY to ARS pair reviewed against invoice amount and expected received value, before instruction.
Route and timing
Movement depends on route availability, cut-offs, compliance review, and receiving-bank handling.
Payment proof
References and route evidence for when a counterparty says funds have not arrived or arrived short.
Reconciliation
A clear trail from payment purpose through instruction, proof, exceptions, and close.
Route facts
FROM CHINA
✓CNY managed by PBOC
✓CIPS payment system
✓Capital controls on outflows
TO ARGENTINA
✓Supplier payments to Argentina are typically denominated in ARS (Argentine Peso).
✓Local rails commonly used: CVU (Clave Virtual Uniforme), MEP (Sistema de Liquidación Bruta en Tiempo Real), Mercado Pago
✓Beneficiary identifier: CBU — 22-digit CBU (Clave Bancaria Uniforme)
Common use: Businesses in China paying Argentina suppliers for Agriculture.
Timing, honestly
What can affect timing, cost, or amount received.
Currency pairRoute availabilityBanking cut-off timesSender and receiving bankIntermediary deductionsBeneficiary bank chargesCompliance reviewHolidays and time zonesDetail accuracy