Send Money from Germany to China
German manufacturers and traders paying China suppliers. Send EUR from Germany, receive CNY in China with t+0 (2.3s avg within unicorn network).
Save £2,525 per £100k Payment
Germany to China corridor savings
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ Alipay
Sending from Germany: What You Need to Know
EUR Origin Specifics
- Germany uses EUR currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Paying Suppliers in China: Compliance & Requirements
Regulatory Considerations
- SAFE (State Administration of Foreign Exchange) compliance required
- Commercial invoices must match payment purpose
- Dual-currency accounting may be needed for large volumes
- Capital controls apply to CNY flows
Payment Best Practices
- Avoid SWIFT fees (3-4%) by using local rails like UnionPay or CIPS
- Schedule payments before Chinese holidays (CNY week shuts down)
- Use freight forwarder as commercial invoice reference
- Lock FX rates before placing large orders to protect margins
Germany → China Corridor Insights
Popular Industries
- Textile Manufacturing
- Electronics
- Consumer Goods
Peak Trading Hours
01:00-09:00 GMT (Asia business hours)
Typical Volume
£50k-£250k
Frequently Asked Questions: EUR-CNY Payments
How fast are EUR-CNY payments?
EUR-CNY payments settle in an average of 2.3 seconds wallet-to-wallet when using Unicorn Currencies' local rails, or 1-3 days via traditional SWIFT depending on the route and correspondent banks involved.
What does a EUR-CNY transfer cost?
Unicorn Currencies charges a 0.5% FX spread plus a flat fee of £5 per payment for EUR-CNY transfers. This is significantly cheaper than traditional banks which typically charge 2-4% in hidden FX margins plus high SWIFT fees.
What exchange rate do I get for EUR-CNY?
You get real-time wholesale EUR-CNY exchange rates with 15-second rate locks. Our rates are sourced from institutional FX markets, giving you the same pricing that banks use for their own trades.
Can I lock the EUR-CNY rate in advance?
Yes, forward contracts are available for EUR-CNY payments. You can lock in today's rate for future payments, protecting your business from currency fluctuations for up to 12 months.
What details do I need for EUR-CNY payments?
Beneficiary details vary by destination. For China payments, you typically need the recipient's local account details (Alipay), account number, and beneficiary name. Some destinations may also require local clearing codes.
Ready to Send EUR from Germany to China?
Save 83% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
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