Unicorn Currencies
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Send Money from China to European Union

Businesses in China paying European Union suppliers for Manufacturing. Send CNY from China, receive EUR in European Union with t+0 (2.3s avg within unicorn network).

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

Save £1,520 per £100k Payment

China to European Union corridor savings

Traditional Bank
£2,025
  • ❌ 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
  • ✓ SEPA (Single Euro Payments Area)
Your Savings
75%
£1,520 per £100k
At £600k-£6M monthly, save £7,608/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 European Union: Compliance & Requirements

Regulatory Considerations

  • VAT (Value Added Tax) varies by EU country
  • Intra-EU vs extra-EU customs differences
  • GDPR compliance for customer data
  • EU sanctions regime (separate from UN/US)

Payment Best Practices

  • Use SEPA for €1-999,999 payments (very low cost)
  • Target2 for large/urgent payments
  • Post-Brexit customs documentation required for UK-EU
  • EUR volatility lower than GBP - good for budgeting
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SEPA (Single Euro Payments Area)

China → European Union Corridor Insights

Popular Industries

  • Manufacturing
  • Freight Forwarding
  • Food & Beverage

Peak Trading Hours

CST (GMT+8) to CET (GMT+1) time zone consideration

Best for rate execution and faster settlement

Typical Volume

£100k-£500k

Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send CNY from China to European Union?

Save 75% on every payment with t+0 (2.3s avg within unicorn network).

Open AccountView European Union Details

Bank of Canada registered PSP | FINTRAC licensed MSB