Pay suppliers in China from Nigeria
Oneremit's OTC desk pays suppliers in China from Nigeria in Chinese yuan (CNY) or US dollars (USD). You agree a firm rate before any money moves, the quote is held for one hour, and CNY payments confirmed before the daily cut-off settle the same day.
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At a glance
| Paid in | Chinese yuan (CNY) to local accounts in China, or US dollars (USD) |
|---|---|
| Payment size | From USD 500,000, no maximum; smaller payments can also be considered |
| Settlement | Same day |
| Same-day cut-off for CNY | Typically 16:00–17:00 Beijing time (09:00–10:00 WAT) |
| Rate | Firm quote, held for one hour |
| Desk hours | 24/7 |
How paying a Chinese supplier works
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Tell the desk what you're paying. The amount, whether your supplier wants CNY or USD, and their bank details.
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Agree your rate. The desk quotes a firm rate for the full amount, held for one hour.
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Fund the payment in naira.
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Your supplier is paid into their bank account in China, the same day for CNY payments confirmed before the cut-off.
What you need from your Chinese supplier
- Their full legal company name, exactly as registered with their bank (often in both Chinese and English)
- Their bank account number
- Their bank's name, branch and SWIFT/BIC code
- Whether they want to be paid in CNY or USD
- The proforma or commercial invoice you are paying
Check that the company name on the bank details matches the name on the invoice and your contract. A request to pay a personal account or a third party's account is a common sign of fraud.
Common questions
How long does a payment to China take with Oneremit?
Payments to China settle the same day. For CNY payments, the typical same-day cut-off is 16:00–17:00 Beijing time, which is 09:00–10:00 in Lagos.
Can I pay my Chinese supplier in yuan or dollars?
Both. Oneremit makes local CNY payments to accounts in China and also pays in USD.
Is there a minimum amount?
The OTC desk handles payments from USD 500,000, with no maximum. Smaller payments can also be considered: tell us the amount and we'll confirm.
Are there hidden fees?
No. All fees are shown upfront before you confirm a payment.
What documents do I need?
Your company's incorporation documents, plus documentation supporting the specific transaction. The desk confirms exactly what is needed before you send.
How do I know my supplier's bank details are genuine?
Confirm the account details with your supplier on a phone or video call, not only by email, especially if the details have changed. Fraudsters often send "updated bank details" from look-alike email addresses.
Paying a supplier in China this month?
Tell us the amount, the currency and the date, and we'll confirm the rate before you commit.
