🇨🇳→🇲🇾
Send Money from China to Malaysia
Businesses in China paying Malaysia suppliers for Palm Oil. Send CNY from China, receive MYR in Malaysia with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: T+0 (2.3s avg within Unicorn network) with transparent pricing
Save £2,020 per £100k Payment
China to Malaysia corridor savings
Traditional Bank
£2,525
- ❌ 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
- ✓ DuitNow
Your Savings
80%
£2,020 per £100k
At £300k-£3M monthly, save £5,055/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 Malaysia: Compliance & Requirements
Regulatory Considerations
- Bank Negara Malaysia FX regulations
- Royal Malaysian Customs documentation
- Sales Tax (5-10%) on goods
- MDEC oversight for tech sector
Payment Best Practices
- Malaysia = Palm oil leader, electronics hub (Penang)
- DuitNow fastest for MYR payments
- Halal certification important for food/pharma
- Penang = Electronics manufacturing zone
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via DuitNow
China → Malaysia Corridor Insights
Popular Industries
- Palm Oil
- Electronics
- Rubber
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 Malaysia?
Save 80% on every payment with t+0 (2.3s avg within unicorn network).
Bank of Canada registered PSP | FINTRAC licensed MSB