B2B Payout
Build A Solid B2B Payment Infrastructure To Boost Your Global Ambition
Build A Solid B2B Payment Infrastructure To Boost Your Global Ambition
Help your customers pay to suppliers in China more easily.
Help your customers pay to suppliers in China more easily.
One-stop enterprise payment
Pay with An Excel/API
Our batch transfer feature allows you to complete multiple corporate payments to China with ease. Simply upload an Excel file or connect to our API, you can make multiple payments with necessary documents submissions, thus improving your business expansion efficiency.
Pay with An Excel/API
Our batch transfer feature allows you to complete multiple corporate payments to China with ease. Simply upload an Excel file or connect to our API, you can make multiple payments with necessary documents submissions, thus improving your business expansion efficiency.
Eliminate Card Freezing Risk
By directly connecting with the bank's core system, we ensure a direct flow of funds, effectively avoiding the risk of bank card freezing associated with traditional payment channels. This enhances the security of transactions and ensures the fast arrival of funds
Eliminate Card Freezing Risk
By directly connecting with the bank's core system, we ensure a direct flow of funds, effectively avoiding the risk of bank card freezing associated with traditional payment channels. This enhances the security of transactions and ensures the fast arrival of funds
Reduce Payment Error Rates
Our intelligent verification system and intelligent routing payment system can significantly reduce up to 70% of payment errors, ensuring the accuracy of each transaction and achieving a seamless transaction experience
Reduce Payment Error Rates
Our intelligent verification system and intelligent routing payment system can significantly reduce up to 70% of payment errors, ensuring the accuracy of each transaction and achieving a seamless transaction experience
Support Payout to Enterprises/Individuals
For supplier payments, our products support payments to the suppliers' corporate accounts, as well as payments to the individual accounts of the legal representatives/authorized persons of supplier companies.
Support Payout to Enterprises/Individuals
For supplier payments, our products support payments to the suppliers' corporate accounts, as well as payments to the individual accounts of the legal representatives/authorized persons of supplier companies.
More Efficient Corporate Payments
Compliance Declaration
Amount Limit
Processing Time
Foreign Exchange
Individual Account
Failure rate
Currency
xCurrency Hubs
All declared
None
Real-time
24/7 Real-time
Yes
Low
CNY, USD...
Traditional Rails
High Risk
Yes
Uncertain
Volatile
No
High
CNY
Inter-bank Network
Recipient's Declaration
None
3-5 Days
Only Foreign Currency Accepted
No
Unstable
Foreign Currency
More Efficient Corporate Payments
Compliance Declaration
Amount Limit
Processing Time
Foreign Exchange
Individual Account
Failure rate
Currency
xCurrency Hubs
All declared
None
Real-time
24/7 Real-time
Yes
Low
CNY, USD...
Traditional Rails
High Risk
Yes
Uncertain
Volatile
No
High
CNY
Inter-bank Network
Recipient's Declaration
None
3-5 Days
Only Foreign Currency Accepted
No
Unstable
Foreign Currency
More Efficient Corporate Payments
xCurrency Hubs
Traditional Rails
Inter-bank Network
Compliance Declaration
All declared
High Risk
Recipient's Declaration
Amount Limit
None
Yes
None
Processing Time
Real-time
Uncertain
3-5 Days
Foreign Exchange
24/7 Real-time
Volatile
Only Foreign Currency Accepted
Individual Account
Yes
No
No
Failure rate
Low
High
Unstable
Currency
CNY, USD...
CNY
Foreign Currency
Complete your remittance in just 3 simple steps
Complete your remittance in just 3 simple steps
Step 1
Add Payer Information
Provide sender details such as name, address, and contact information accurately.
Step 1
Add Payer Information
Provide sender details such as name, address, and contact information accurately.
Step 2
Submit Transaction Details
After completing the sender information, click 'Submit' and wait for the verification process.
Step 2
Submit Transaction Details
After completing the sender information, click 'Submit' and wait for the verification process.
Step 3
Await Payment Confirmation
Wait for the payment to be processed. You can track the progress through the system.
Step 3
Await Payment Confirmation
Wait for the payment to be processed. You can track the progress through the system.
Any questions?
Any questions?
Everything you need to know about the remittance process and requirements. Can't find the answer you're looking for? Contact with our friendly team.
Everything you need to know about the remittance process and requirements. Can't find the answer you're looking for? Contact with our friendly team.
How can I check transaction bill details?
Here are two ways to obtain transaction bill details:
We'll send daily statements to your specified email, making it convenient for you to check your account on a daily basis.
You can log into the portal to download the required statements.
Can the Forex rate be locked?
Yes, we do support the exchange rate lock feature. Simply provide the MT103 message after remitting funds to lock the exchange rate and mitigate the risk of exchange rate fluctuations.
You can request the MT103 from your remitting bank.
Is advance payment supported?
If the fund is made as an advance payment, the submitted contract or Proforma Invoice should clearly display the settlement method (term of payment) and the prepayment ratio (this ratio usually does not exceed 30%).
In the case of advance payment, it will be required to submit the logistics information and related documents in time to meet the requirements for verification of the transaction's authenticity.
Is there a limit for B2B goods trade?
A transaction within 1 million CNY are supported and will be automatically issued after system review.
For orders exceeding 1 million CNY, please contact your account manager to require for a higher payment limit.
What are the KYC requirements for both parties to the payment?
The payee (supplier) must submit the following information:
Complete company name
Payee account name (company or individual)
The payer (buyer) must submit the following information:
Complete company name
Payment bank account number
How long does it usually take for each transaction?
For each transaction, once the compliance checking is completed, the system automatically releases funds in real time.
Orders need to be reviewed in accordance with relevant laws and regulations. Each B2B order usually takes within 1 to 2 hours, depending on whether the transaction-related authenticity materials meet the requirements.
Whitelist Customers with continuously good transaction records in our system will receive priority review or simplified review.
Can payment be made to individuals?
Payment can be made to the supplier's corporate account, and it can also be received by the personal account of the supplier company's legal person/owner/authorized person. When the receiving account is a personal account, you need to provide ID number and UnionPay card number of the payee, and a letter of authorization for the person to receive the payment.
What types of remittances do you support?
We support CNY cross-border payments for business scenarios such as cross-border B2B trade. This includes trade payment for goods purchased from Chinese SMEs for export via B2B trading platforms, cross-border e-commerce platforms, and other online trading platforms. Whether it's for factories, trade companies, or individual businesses, payments can be made to Chinese suppliers through xCurrency Hubs platform and legally declared. Contracts and other proof materials related to a specific transaction need to be provided according to different scenarios.
How can I check transaction bill details?
Here are two ways to obtain transaction bill details:
We'll send daily statements to your specified email, making it convenient for you to check your account on a daily basis.
You can log into the portal to download the required statements.
Can the Forex rate be locked?
Yes, we do support the exchange rate lock feature. Simply provide the MT103 message after remitting funds to lock the exchange rate and mitigate the risk of exchange rate fluctuations.
You can request the MT103 from your remitting bank.
Is advance payment supported?
If the fund is made as an advance payment, the submitted contract or Proforma Invoice should clearly display the settlement method (term of payment) and the prepayment ratio (this ratio usually does not exceed 30%).
In the case of advance payment, it will be required to submit the logistics information and related documents in time to meet the requirements for verification of the transaction's authenticity.
Is there a limit for B2B goods trade?
A transaction within 1 million CNY are supported and will be automatically issued after system review.
For orders exceeding 1 million CNY, please contact your account manager to require for a higher payment limit.
What are the KYC requirements for both parties to the payment?
The payee (supplier) must submit the following information:
Complete company name
Payee account name (company or individual)
The payer (buyer) must submit the following information:
Complete company name
Payment bank account number
How long does it usually take for each transaction?
For each transaction, once the compliance checking is completed, the system automatically releases funds in real time.
Orders need to be reviewed in accordance with relevant laws and regulations. Each B2B order usually takes within 1 to 2 hours, depending on whether the transaction-related authenticity materials meet the requirements.
Whitelist Customers with continuously good transaction records in our system will receive priority review or simplified review.
Can payment be made to individuals?
Payment can be made to the supplier's corporate account, and it can also be received by the personal account of the supplier company's legal person/owner/authorized person. When the receiving account is a personal account, you need to provide ID number and UnionPay card number of the payee, and a letter of authorization for the person to receive the payment.
What types of remittances do you support?
We support CNY cross-border payments for business scenarios such as cross-border B2B trade. This includes trade payment for goods purchased from Chinese SMEs for export via B2B trading platforms, cross-border e-commerce platforms, and other online trading platforms. Whether it's for factories, trade companies, or individual businesses, payments can be made to Chinese suppliers through xCurrency Hubs platform and legally declared. Contracts and other proof materials related to a specific transaction need to be provided according to different scenarios.
Want to know more?
Our solution experts are here to help you with any questions you got, providing more detailed product information, or designing precise solutions for your needs.
Want to know more?
Our solution experts are here to help you with any questions you got, providing more detailed product information, or designing precise solutions for your needs.
Unleashing the potential of the Cross-Border Payment Infrastructure built on Web3 for seamless financial connectivity.
TRAVEL TAO LIMITED holds a Money Service Operator license issued by Hong Kong Customs. License number NO.17-10-02224
© 2024 xCurrency Hubs, Inc. All rights reserved.
Unleashing the potential of the Cross-Border Payment Infrastructure built on Web3 for seamless financial connectivity.
TRAVEL TAO LIMITED holds a Money Service Operator license issued by Hong Kong Customs. License number NO.17-10-02224
© 2024 xCurrency Hubs, Inc. All rights reserved.