🇨🇳→🇭🇰
Send Money from China to Hong Kong
Businesses in China paying Hong Kong suppliers for Trade & Logistics. Send CNY from China, receive HKD in Hong Kong 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 Hong Kong 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
- ✓ FPS (Faster Payment System)
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 Hong Kong: Compliance & Requirements
Regulatory Considerations
- HKMA (Hong Kong Monetary Authority) regulations
- No VAT/GST (tax-free environment)
- Business registration number required
- AML/KYC compliance critical for financial hub
Payment Best Practices
- Hong Kong = Asia's financial and trade hub, gateway to China
- FPS enables instant HKD/CNY payments without SWIFT
- Many suppliers are trading intermediaries (not manufacturers)
- Competitive FX rates due to open market and competition
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via FPS (Faster Payment System)
China → Hong Kong Corridor Insights
Popular Industries
- Trade & Logistics
- Electronics
- Finance
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 Hong Kong?
Save 80% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB