RMBDESK Blog

Guides and insights for paying China

Practical articles on exchange rates, compliance, supplier payments and how RMBDESK works.

RMB, CNY and yuan: what's the difference?
RMB, CNY and yuan: what's the difference?
Guides

RMB, CNY and yuan: what's the difference?

They are the same currency. RMB is the name, CNY is the international code and yuan is the unit. Here is what that means when you pay a supplier.

Sep 1, 2026 3 min read
Why your payment quote expires in 30 seconds
Exchange Rates

Why your payment quote expires in 30 seconds

Market rates, partner costs and liquidity can move. Learn how a quote is built from the FX rate, our spread and fees, and why it is time-bound.

Sep 5, 2026 4 min read
What happens during a compliance check
Compliance

What happens during a compliance check

Identity, sanctions and beneficiary screening and risk analysis run before settlement. See the three possible outcomes: approved, manual review or rejected.

Sep 9, 2026 5 min read
How to check your supplier's payment details before you send
Guides

How to check your supplier's payment details before you send

Match the beneficiary name and account to the invoice, and be cautious if a supplier suddenly asks you to pay a different account.

Sep 12, 2026 4 min read
Where your local currency goes when you pay China
Compliance

Where your local currency goes when you pay China

Customer funds and company operating funds are accounted for separately. We explain collection, the ledger and how RMB settlement is coordinated.

Sep 16, 2026 5 min read
How to read your payment status
Guides

How to read your payment status

From created to completed, plus exception states like manual review. Understand what each status means and what to do next.

Sep 19, 2026 3 min read
Paying China as a business: what a business account offers
Business

Paying China as a business: what a business account offers

KYB verification, multi-user access and reports for companies that pay suppliers regularly.

Sep 23, 2026 4 min read
Expanding corridor by corridor
Company

Expanding corridor by corridor

Why we are building one route at a time, from Uganda to East Africa and beyond, with local partners, FX and liquidity, and China settlement.

Sep 27, 2026 4 min read
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Guides

Step-by-step help for sending payments, checking supplier details and reading your payment status.

Exchange Rates

How quotes are built, why rates move and how to read your rate and fee.

Compliance

How identity checks, screening and fund separation protect every payment.

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