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Send Money from China to Czech Republic

Businesses in China paying Czech Republic suppliers for Automotive. Send CNY from China, receive CZK in Czech Republic with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: T+0 (2.3s avg within Unicorn network) with transparent pricing

Save £2,025 per £100k Payment

China to Czech Republic corridor savings

Traditional Bank
£2,530
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • T+0 (2.3s avg within Unicorn network)
  • Fast conversion
  • ✓ Transparent 0.5% spread
  • CERTIS
Your Savings
80%
£2,025 per £100k
At £300k-£3M monthly, save £5,068/year

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 Czech Republic: Compliance & Requirements

Regulatory Considerations

  • Czech National Bank (ČNB) regulations
  • VAT (21%) documentation required
  • EU customs procedures apply
  • Business registration number (IČO) verification

Payment Best Practices

  • Czech = Central European automotive powerhouse (Škoda)
  • Express instant payment faster than SWIFT
  • Glass and crystal exports world-renowned
  • Beer industry significant - Pilsner originated here
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via CERTIS

ChinaCzech Republic Corridor Insights

Popular Industries

  • Automotive
  • Machinery Manufacturing
  • Glass Industry

Peak Trading Hours

CST (GMT+8) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send CNY from China to Czech Republic?

Save 80% on every payment with t+0 (2.3s avg within unicorn network).

Bank of Canada registered PSP | FINTRAC licensed MSB