Payments & Conversion
RUB/CNY settlements without SWIFT. Corporate accounts in Chinese banks in 1–3 days and 3–5% savings on conversion.
Recommended Bank
We'll open an account and set up online banking — turnkey
VTB Shanghai
VTB's subsidiary in Shanghai — optimal for settlements between Russia and China.
- Multi-currency accounts: RUB, CNY, USD, EUR
- Payments without SWIFT
- Online banking in Russian
- UnionPay and Visa cards
- Account opening in 1–3 days
- 3–5% savings on conversion
Why It's Beneficial
Direct settlements in yuan without intermediaries: you pay the supplier directly from your corporate account instead of going through a chain of agents.
Conversion savings of 3–5% compared to settlements via intermediaries and exchange offices.
Other Partner Banks
We'll select a bank for your settlement scheme
Bank of China
One of the largest state-owned banks: an extensive branch network and settlements worldwide.
ICBC
The world's largest bank by assets — reliability and advanced corporate services.
CMB
China Merchants Bank: a strong online bank and convenient corporate products.
Ping An
A tech-driven bank from Shenzhen — fast transfers and a modern app.
HSBC
International settlements and Hong Kong accounts for global business.
Standard Chartered
Asian expertise and convenient international transfers.
Payment Systems & Settlements
For working with Chinese clients and suppliers
Alipay for Business
Accept payments from Chinese clients and partners in China's largest payment ecosystem.
WeChat Pay for Business
Paying for goods and services inside the WeChat ecosystem — a must-have tool for the Chinese market.
Supplier Settlements
Direct yuan invoice payment schemes: no intermediaries, transparent exchange rates and proper paperwork for accounting.
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