China Trade Payment Qualification Checklist

Complete this checklist before requesting a new banking, foreign-exchange, stablecoin-linked, or supplier-payment arrangement. Incomplete information usually delays provider assessment.

If you are still working out how the pieces fit together, the China Payments hub explains the currencies, rails and controls first. The supplier-payment guide, the document list and the compliance checklist cover the preparation in detail.

Importer

• Full legal name
• Incorporation jurisdiction
• Operating jurisdiction
• Website
• Business activity
• Beneficial owners
• Years operating
• Existing bank or payment provider
• Source of funds
• Confirmation that the business owns the funds

If the funds belong to customers or unrelated third parties, provide a separate explanation of the regulated activity, licenses, safeguarding, account ownership, and flow of funds.

Supplier and beneficiary

• Supplier's full legal name
• Mainland China or Hong Kong location
• Company registration details
• Beneficiary-account name
• Beneficiary bank
• Account number
• SWIFT/BIC or local clearing details
• Account currency
• Relationship between supplier and beneficiary
• Independent verification of payment instructions

Trade

• Goods or services described precisely
• Commercial invoice
• Purchase order or contract
• Deposit and balance terms
• Shipment origin and destination
• Incoterms where applicable
• Freight or shipping documents available
• Product codes where relevant
• End user and end use identified
• Required permits or licenses considered

Transaction profile

• Funding currency
• Payment currency
• Average transaction size
• Maximum transaction size
• Transactions per month
• Monthly volume
• Expected start date
• Required settlement time
• Spot, recurring, batch, or forward requirement
• Expected annual volume based on supportable assumptions

Proposed flow of funds

Write the complete flow without skipping intermediaries:

Funds owner
→ funding account
→ FX or stablecoin conversion
→ sending institution
→ intermediary or clearing system
→ beneficiary bank
→ supplier

For every step, identify the legal entity, jurisdiction, account owner, currency, regulated role, and reason it is present.

Compliance

• Buyer screened
• Supplier screened
• Beneficiary screened
• Beneficial owners screened
• Goods and end use reviewed
• Sanctions and restricted-party checks completed
• Export or import controls considered
• Stablecoin and wallet screening completed where relevant
• No personal or unrelated beneficiary accounts
• No purpose of bypassing currency, tax, customs, or banking controls

Current problem

Select the main problem:

• Bank will not support the corridor
• Existing FX cost is too high
• Supplier requires another currency
• Payment is delayed or rejected
• Supplier receives less than instructed
• Multi-currency account required
• Named or virtual account required
• Batch or API payments required
• Stablecoin-funded settlement assessment required
• Payment terms or trade-finance structure needs review

Submission statement

Submitting this information does not guarantee onboarding, account opening, pricing, regulatory approval, or payment completion. Feasibility depends on the parties, jurisdictions, goods, licensing, documentation, currencies, volumes, banks, and provider risk policies.

Request a China Trade Payment Feasibility Review

Complete the form below with one representative transaction and the complete flow of funds. Faisal Khan LLC will assess the requirement, identify structural gaps and determine whether an introduction to a suitable regulated provider may be possible. Faisal Khan LLC does not take custody of or transmit client funds.

Do not enter bank account numbers in the form. Invoices, contracts and full beneficiary details are collected through a secure follow-up once the request has been reviewed.

Last reviewed: 1 October 2026.