WorldFirst can help your business pay Asian suppliers like a local, with fast and secure same day and next day transfers in CNH, EUR USD & HKD to Hong Kong and Mainland China.
Speed up payments, and your supply chain
Access our networks and over a decade of experience helping businesses pay into China.
|Currency||Settlement time||Payment cut off time||Full value transfer*||Pay "on behalf of"**||Supplier account|
|CNH||Same day||GMT 10:00||Yes||Yes - notes required**|
|USD||Next day||GMT 17:30||Yes||Yes|
|CNH||Same day||GMT 12:00||Yes||Yes|
|USD||Same day||GMT 10:30||Yes||Yes|
|HKD||Same day||GMT 10:30||Yes||Yes|
|USD***||Same day||GMT 17:30||Yes||Yes|
* Full value transfer: Your beneficiary will receive the entire funds, without any foreign bank charges.
** Pay on behalf of: WorldFirst send payments on behalf of you the customer, providing clarity and ease of reconciliation when payments are received by the beneficiary in your name. Please note: for CNH payments you also need to include "on behalf of [customer name]" in payment notes.
*** When opting to pay suppliers on Alibaba.com by transfer to Singapore or Hong Kong, settlement accounts
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Businesses like yours trust WorldFirst
- Almost 1,000,000 businesses have sent $150B around the world with WorldFirst and its partner brands since 2004
- Your money is safeguarded with leading financial institutions
- We’re an authorised payment services provider