China · Destination corridors

Business Payments and Supplier Payments to China

Pay suppliers and manufacturers in China from across Africa. KeyBS Pay helps eligible businesses in Ghana, Nigeria, Kenya and South Africa send structured business payments to Chinese suppliers, factories and exporters — with supported FX conversion, CNY/CNH settlement options and supplier verification, subject to onboarding and compliance review.

Paying business beneficiaries in China

China distinguishes between onshore renminbi (CNY), used for payments to mainland-China business beneficiaries, and offshore renminbi (CNH), used with Hong Kong and other offshore entities. Before paying a mainland supplier, collect the beneficiary’s legal entity name in Chinese and English, the bank name and branch, the account number, and a SWIFT/BIC or CNAPS code where the bank requires it, along with a matching invoice. Confirm whether the entity is mainland-China or Hong Kong, because the beneficiary details and settlement route differ.

China corridor FAQs

How do I pay a supplier in China from Africa?

Open a KeyBS Pay business account, complete KYB, verify the supplier, then submit a business payment against your invoice from your local corridor. Funding and settlement options are confirmed at quote time, subject to compliance review.

What is the difference between CNY and CNH?

CNY is onshore renminbi used for mainland-China business beneficiaries; CNH is offshore renminbi used with Hong Kong and other offshore entities. Confirm which applies to your supplier before you pay.

What supplier details do I need to pay a mainland-China business?

The legal entity name in Chinese and English, the bank name and branch, the account number, a SWIFT/BIC or CNAPS code where required, and a matching invoice.

Can I pay suppliers I found on Alibaba or 1688?

You can pay a supplier you sourced on Alibaba or 1688 directly to their verified business account where they accept direct payment. KeyBS Pay is not integrated with Alibaba or 1688 checkout, and paying outside a platform may mean that platform’s buyer protection does not apply — so verify the supplier first.

Can KeyBS Pay verify a Chinese supplier before payment?

Yes. Supplier verification through Verify AI checks registry-backed business records before you pay. See our supplier verification service.

Compliance: KeyBS Pay is not a bank. Regulated services may be provided through licensed financial institutions and payment partners depending on jurisdiction and service. All payments are subject to KYB, KYC, sanctions screening and AML review.

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