Pay Chinese suppliers from Australia
Make USD and RMB payments to China, often on the same day – or instantly between World Accounts.
When it comes to sending money to China, we're the experts
Direct payment routes with China’s top banks help you move money from Australia with same-day transfers*. That’s how you stay ahead.
Plus, 150,000+ Chinese suppliers are already with WorldFirst, making transfers from your account to theirs instant, free, and seamless.
With a team in Sydney and 30+ global offices, we can support you wherever you do business.
*Transfer speeds depend on factors including cut-off time, weekends/public holidays, timezones, payment method/type, processing banks and compliance requirements.
WorldFirst vs. others
Why Australian businesses should choose WorldFirst
How Sunrise Accessories pays Chinese suppliers with WorldFirst
Australian business Sunrise Accessories can pay their suppliers in China with just a few clicks.
How to send payments to China
Pay China and beyond
Pay 1688 suppliers directly from Australia
Skip the sourcing agents. With WorldFirst's 1688 World Pay, connect your World Account to China's largest wholesale marketplace, 1688.com, and make payments instantly. It's secure, compliant, and cost-effective.
FAQs
A payment cut-off time is the daily deadline your payment needs to hit to be processed today. Send money before the cut-off and it moves the same business day. Miss it, and it rolls to the next one.
MYbank is available for processing payments between 9:30-15:00 China Standard Time. To be processed via this route, payment requests need to have been submitted by 7:00 local time.
MYbank is available for processing payments between 9:30-15:00 China Standard Time. To be processed via this route, payment requests need to have been submitted before the close of this window.
It’s the bank on the receiving end of your payment. Your money lands there first, and they credit it to the person or business you’re paying.
With WorldFirst, most payments to China move fast. USD and CNH transfers can arrive the same day, as long as you pay before bank cut-off times so the funds have time to clear.
Transfers between WorldFirst accounts land instantly, and many payments to China clear on the same day*.
We are able to do this because of our sister company MYbank, a regulated bank in China. Being connected with a local bank enables us to move funds internally and via (faster) local payment rails instead of SWIFT.
Where the cutoff time is missed, payments will be transmitted via SWIFT, which can take up to three business days.
*Transfer speeds depend on factors including cut-off times, weekends/public holidays, timezones, payment method/type, processing banks and compliance requirements.
Finding the right supplier in China can open up new margins, new products, and serious room for growth. The good news? You’ve got options – and support.
A few ways to get started:
- Tap into WorldFirst’s China network
We have teams on the ground across China and deep local connections. More than 150,000 Chinese suppliers already use WorldFirst, which means payments between your accounts are instant and free. - Use trusted marketplaces
Platforms like 1688.com are a great place to browse, compare, and vet suppliers. You can even pay them directly from your World Account balance in CNH.
- Leverage our global ecosystem
With 1.5m+ businesses using WorldFirst worldwide, we’re plugged into supplier networks across multiple industries and regions – and we’re happy to point you in the right direction.
RMB is the name of China’s currency; it stands for renminbi. CNY and CNH are two versions of it.
- CNY is the onshore currency, traded and regulated within mainland China.
- CNH is the offshore version, traded internationally with fewer restrictions.
While there isn’t a fixed order limit for purchases from businesses in China, there are risk-based controls on money flowing in and out of the region, particularly for larger orders. This takes place in the form of additional checks on the seller’s side, so would be handled by them.
Once you’ve agreed to a purchase, you just need to submit the payment request. If you’re sending to someone for the first time, you’ll need their account name, SWIFT/BIC ID and account number. If the seller also has a World Account, it’s even easier – just ask for their WorldFirst Payment Account number (it begins with WF-).
The WorldFirst Payment Account number can be found in ‘Your details’ section: https://portal.worldfirst.com/setting/business.
