Payments & Money Transfers to Chinese Suppliers

Pay Chinese suppliers without the bank headaches — we settle invoices in RMB on your behalf, including 1688 and Alipay sellers a normal transfer can't reach.

Paying a Chinese supplier is harder than it should be. A SWIFT bank transfer is slow, expensive, and often can't reach the seller at all — 1688 wholesalers, Taobao shops, and Alipay-only factories simply don't take foreign wire payments. We settle the invoice for you, in RMB, through the channel the supplier actually uses.

You send us the invoice and pay in your own currency; we pay the seller in yuan from our China accounts, confirm it, and send you proof. Deposits, balances, 1688 orders, Alipay — the payments a normal transfer can't make, we make.

The right fit

Who this is for

This service is for:

  • Importers whose bank transfer to China is blocked, delayed or refused by the supplier.
  • Buyers on 1688/Taobao whose sellers only take RMB to a Chinese account or Alipay.
  • Companies that don't want to set up their own currency-control paperwork to pay suppliers.
Our process

What we do

  1. 1

    Confirm the invoice

    You send us the supplier invoice and payment details.

  2. 2

    Agree terms

    We confirm amount, currency and how you'll settle with us.

  3. 3

    Pay in RMB

    We pay the supplier from our China entity in local currency.

  4. 4

    Reach any seller

    We pay Chinese bank accounts, Alipay or 1688 sellers directly.

  5. 5

    Confirm receipt

    We confirm the supplier got the funds so production starts.

How a supplier payment works

It's a simple hand-off: you fund the payment once, we handle the Chinese side. No Chinese bank account, no Alipay setup, no chasing a wire that bounced.

You stay in control — nothing is paid until you approve the invoice.

1
Send the invoice
You forward the supplier's invoice and details
2
Pay us
In your own currency, once, up front
3
We pay the seller
In RMB through their channel
4
Supplier confirms
Payment received, order proceeds
5
You get proof
Confirmation and receipt for your records

Payment channels we reach

The reason direct payment fails is usually the channel: most Chinese sellers want a method foreign banks don't offer. We cover all of them.

If your supplier takes it, we can pay through it.

Bank transfer (RMB)
To the factory's Chinese account
Alipay
The default for many wholesalers
WeChat Pay
Common for smaller sellers
1688 orders
Domestic platform checkout
UnionPay
Card payments where needed
Trade Assurance
Alibaba escrow orders

Bank SWIFT vs paying through us

For China payments, a foreign bank transfer is often the slow, expensive option that still can't reach the seller.

Foreign bank (SWIFT)
Reaches 1688 / Alipay sellers
No
Speed
Days, sometimes bounced
Fees & FX
High fees, poor rate
Currency-control paperwork
Your problem
Pay through us
Reaches 1688 / Alipay sellers
Yes
Speed
Fast, same channel as locals
Fees & FX
Competitive RMB rate
Currency-control paperwork
We help document it

What we take care of

Beyond moving the money, we handle the things that trip up importers paying China for the first time.

You get a clean, documented payment that satisfies your bank and your supplier.

Handled for you
  • Payment in RMB at a competitive exchange rate
  • Reaching sellers a SWIFT transfer can't
  • Deposits and balance payments on your schedule
  • Documentation for your ЗЕД / currency control
  • Proof of payment and receipts
  • No surprise surcharges from the seller's side
Risk & response

Why it matters

The problem we solve — and how we solve it.

Common mistake / risk

Direct transfers to China get blocked or stuck in currency-control checks.

How Silk Way handles it

We pay locally in RMB, so the supplier is paid fast and cleanly.

Common mistake / risk

1688 and many small suppliers can't receive international transfers at all.

How Silk Way handles it

We pay their domestic account or Alipay on your behalf.

Common mistake / risk

Doing your own currency-control paperwork is slow and easy to get wrong.

How Silk Way handles it

We handle the payment so you don't have to set up foreign-trade banking yourself.

Comparison

How we compare

Silk Way SourcingTypical logistics companyAlibaba sourcing
Reaches 1688/AlipayYes, paid locallyNoNeeds a Chinese account
Currency controlHandled for youNot offeredOn you
SpeedOften same dayNot applicableBank delays
Block riskLow — local RMB paymentNot applicableTransfers often blocked
FAQ

Frequently asked questions

Why can't I just pay my supplier by bank transfer?

Many Chinese sellers (1688, Taobao, Alipay-only factories) don't accept foreign SWIFT wires; even when they do, it's slow and costly. We pay through the channel they actually use.

Do I need a Chinese bank account or Alipay?

No — you pay us in your currency and we pay the seller in RMB from our China accounts.

Can you pay 1688 and Alipay sellers?

Yes — those are exactly the payments a normal transfer can't reach, and a core reason to use us.

What currency do I pay in?

Your own — we convert and pay the supplier in RMB at a competitive rate.

Can you handle deposits and balance payments?

Yes — we pay the deposit to start production and the balance when you're ready, on your schedule.

Do you provide proof of payment?

Yes — you get confirmation and receipts for your records and your bank.

What about currency control / ЗЕД documentation?

We help document the payment so it fits your foreign-trade contract and currency-control requirements.

How much do supplier payments cost?

Pricing isn't fixed — it depends on the complexity, scope, and resources the job needs. Tell us what you're planning and we'll give you a clear quote up front, with no hidden costs.

Client results

What importers say after working with us

Sourcing wins across steel, solar, energy storage, construction materials and supplier verification. Client names are withheld for confidentiality.

  • Steel & metals
    We needed 200 tonnes of hot-rolled coil and kept getting quotes from traders. Silk Way took us straight to the mill, verified it, and inspected the load before we paid the balance.
    Importer, steel & metals · Egypt
  • Solar energy
    They caught that our 'factory' was actually a trading company and found us the real manufacturer — it saved us from a costly mistake.
    Importer, solar EPC · Poland
  • Fiber optics
    Single-mode fiber for a regional network build, delivered on spec and on time. The pre-shipment inspection report gave our own client real confidence.
    Telecom contractor · Kenya
Our people

Meet our team of experts

Our team brings hands-on experience in sourcing, quality control, and logistics, working closely with manufacturers to ensure reliable results at every stage.

  • Arkadii Vakhnovskyi

    Arkadii Vakhnovskyi

    Founder & CEO

  • Dmitry Markov

    Dmitry Markov

    Head of Operations & CTO

  • Andy Wang

    Andy Wang

    Logistics & Compliance Manager

  • Alyona

    Alyona

    Marketing & SMM

Contact Us

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Get in touch with us through any channel that's convenient for you — we respond fast.

Get expert input on your project

We help brands cut costs, speed up delivery, and avoid supplier risks. Let's talk about how we can do the same for you.