🇨🇳→🇮🇩
Send Money from China to Indonesia
Businesses in China paying Indonesia suppliers for Palm Oil. Send CNY from China, receive IDR in Indonesia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: T+0 (2.3s avg within Unicorn network) with transparent pricing
Save £2,320 per £100k Payment
China to Indonesia corridor savings
Traditional Bank
£2,825
- ❌ 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
- ✓ BI-FAST
Your Savings
82%
£2,320 per £100k
At £300k-£3M monthly, save £5,806/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 Indonesia: Compliance & Requirements
Regulatory Considerations
- Bank Indonesia FX regulations
- Indonesian Customs documentation
- VAT (11%) on imports
- OJK (Financial Services Authority) oversight
Payment Best Practices
- Indonesia = Largest palm oil producer, textile exporter
- BI-FAST enables instant IDR settlement
- Jakarta + Surabaya = Main business hubs
- Island logistics - consider shipping times
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via BI-FAST
China → Indonesia Corridor Insights
Popular Industries
- Palm Oil
- Textiles
- Coal
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 Indonesia?
Save 82% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB