🇨🇳 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
Open Account
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.
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Receive CNY from China?
Fast CNY settlement with competitive rates
Bank of Canada registered PSP | FINTRAC licensed MSB