Unicorn Currencies
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🇨🇳 Receive CNY from China

Receive CNY payments from Chinese customers via CIPS or mobile wallets. Faster than correspondent banks.
T+0 via CIPS, Instant via Alipay. 60% cheaper than SWIFT.

Fast CNY Settlement Options

CIPS (Cross-border Interbank Payment System)

T+0 to T+1

China's alternative to SWIFT. Faster CNY clearing.

Coverage: China, Hong Kong

Alipay / WeChat Pay

Instant

Mobile payments from Chinese buyers. Instant confirmation.

Coverage: China

Why Receive CNY with Unicorn Currencies

Key Benefits

  • CIPS settlement faster than SWIFT
  • Accept Alipay/WeChat from Chinese buyers
  • Lower fees than correspondent banking
  • Better rates than traditional banks

Common Use Cases

Businesses using this corridor:

  • Chinese buyers of UK/EU goods
  • Hong Kong trading companies
  • Mainland manufacturers (reverse flow)
Settlement Speed
T+0 via CIPS, Instant via Alipay

How to Receive CNY from China

1

Get a Free Quote

Set up your Unicorn Currencies account to receive CNY

2

Share Details

Provide your account details to customers in China

3

Receive Instantly

Funds arrive via CIPS (Cross-border Interbank Payment System). T+0 via CIPS, Instant via Alipay. Auto-convert to your base currency if needed.

All payments are subject to standard compliance and sanctions screening. Certain industries and countries not supported.

Frequently Asked Questions: Receiving from China

How do I receive payments from China?

Get local CNY account details through Unicorn Currencies. Your customers in China pay directly to your local account, just as if you were based there. No need for them to use expensive international wire transfers.

What details do I share with China payers?

Share your account details, and beneficiary name (your business name as registered with Unicorn Currencies). Your payers use these to send CNY via local bank transfer.

Are there fees for receiving from China?

No fees for receiving CNY into your Unicorn Currencies wallet. You only pay a competitive FX spread when you choose to convert to another currency. Hold CNY indefinitely at no cost.

How quickly do China payments arrive?

Fast settlement via CIPS (Cross-border Interbank Payment System). SWIFT transfers from China typically take 1-2 business days. T+0 via CIPS, Instant via Alipay.

What currencies can I receive from China?

Receive CNY from China and hold it in your multi-currency wallet. Convert to your preferred currency when exchange rates are favorable, or keep the CNY to pay suppliers in the same currency later.

Ready to Receive CNY from China?

Fast CNY settlement with competitive rates

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Bank of Canada registered PSP | FINTRAC licensed MSB