{"id":27977,"date":"2024-07-01T03:29:42","date_gmt":"2024-07-01T03:29:42","guid":{"rendered":"http:\/\/anja"},"modified":"2025-10-29T03:08:12","modified_gmt":"2025-10-29T03:08:12","slug":"make-supplier-payments-to-china","status":"publish","type":"docs","link":"https:\/\/www.worldfirst.com\/nz\/help-center\/making-payments\/make-supplier-payments-to-china\/","title":{"rendered":"How do I make supplier payments to China?"},"content":{"rendered":"\n
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With the World Account, you can make payments to the CNH (off-shore CNY) bank accounts of your suppliers in Mainland China but not directly to their CNY accounts in Mainland China. Per regulations in China, for foreign exchange and cross-border fund settlements, the domestic fund recipient, who must be a citizen of the People’s Republic of China, will need to make declarations with relevant documents to local authorities. Therefore, it would be incumbent on your Mainland China recipient to settle funds into a domestic Mainland China account.<\/p>\n<\/div>\n<\/div>\n\n\n\n

To make transfers to your Mainland China supplier’s CNH account, you’ll need to –<\/p>\n\n\n\n