CNY Settlement at Market Rates
No Exchange Fees
Zodesk manages currency conversion and settlement directly in China, allowing you to pay in your local currency while we handle conversion and payment to factories in RMB.
How It Works
You make payment in your local currency to our designated accounts, We convert funds at real market exchange rates and settle directly with factories in RMB, ensuring fast, accurate, and controlled transactions.
Settlement Structure
- Market Exchange Rates — Currency converted at competitive, real-time market pricing
- No Exchange Fees — No added FX margins or hidden conversion costs
- Direct RMB Payments — Factories are paid locally in their required currency
- Centralized Execution — One coordinated payment process across multiple suppliers
Secure Payment Flow
All transactions are handled through a structured and secure payment system, ensuring funds are transferred safely and efficiently from your account to the final supplier. This reduces risk, eliminates unnecessary intermediaries, and ensures full control over the payment process.
Operational Advantage
- Cost Efficiency — Avoid bank spreads and repeated conversion fees
- Simplified Payments — No need to manage RMB transfers or multiple beneficiaries
- Faster Settlement — Direct local payments reduce delays
- Full Transparency — Clear visibility on rates and final settlement amounts
With Zodesk, currency conversion and CNY settlement are handled as part of a controlled, transparent system — aligned with your procurement and supplier payments.