Local CNY transfer
Delivered into the supplier’s corporate account as domestic renminbi via CIPS/local rails — funds arrive ready to use.
Settlement family
Domestic bank transferIndicative speed
Same-day on eligible routes
Documented markets
1 market
Family timing
Rail-dependent — see country rails
Where this rail is documented
How the rail operates in each market, per the corridor dataset.
Delivered into the supplier’s corporate account as domestic renminbi via CIPS/local rails — funds arrive ready to use.
Corridors funded over this rail
Business corridors starting in markets where this rail is documented.
Model a payment on this rail
Learn the mechanics
Other domestic bank transfers
Frequently asked questions
What kind of rail is Local CNY transfer?
Local CNY transfer is classified as a domestic bank transfer in the KeyBS Pay dataset — part of the domestic bank transfer settlement family (rail-dependent — see country rails).
How fast is Local CNY transfer?
Its documented indicative speed is "Same-day on eligible routes". Speeds describe how the rail is documented to operate; end-to-end timing on any cross-border payment is route-dependent.
Where does Local CNY transfer operate?
The dataset documents it in China. Availability on a specific payment is confirmed per quote.
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Domestic and cross-border rails, by settlement family
Providers · 37
Objective capability profiles for payment providers
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The seven settlement families behind every route
Central Banks & Regulators · 41
Who supervises payments in each market, and what they require
From reference data to an executable quote
This page is reference metadata — availability is route-dependent. A KeyBS Pay quote shows the committed rate, disclosed fee and exact receive amount before you approve anything.
Request a QuoteReference metadata computed from the KeyBS Pay corridor dataset. Speeds are indicative and rail-dependent; availability on a specific payment is route-dependent and confirmed per quote. Also available via the free Knowledge API.