Payment choices for Malaysian importers

Bank Transfers, 1688 Payments, & USD Transfers

Seamlessly convert RM to RMB at the latest exchange rates for payments to your Chinese supplier and hassle-free shipping of your goods.

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Method 1

PERSONAL TRANSFERS
  • Personal account to personal account transfers
  • No transaction amount limits
  • Choose beween "Express" or "Saver" transfer options

Method 2

ENTERPRISE TRANSFERS
  • Enterprise account to enterprise account transfers
  • No account freeze
  • Minimum amount CNY 1,000
  • Transfer duration 7 to 10 working days

Method 3

1688 PAYMENTS
  • Officially certified legitimate payment method
  • No account freeze
  • No limits on amounts or order numbers
  • No requirement to top up Alipay

method 4

USD TRANSFERS
  • International cross-border payments
  • No account freeze
  • Minimum amount USD 2,000
  • Professional international trade consulting available

Getting Malaysia Local Invoices

Our provided documents are legally accepted and recognized by Malaysian auditors.

Supporting Multiple MYR Payment Options

Top-up your wallet to reduce transaction hassles and enjoy better exchange rates.

Easy to Use

Place orders 24/7, track order progress at any time, and view the latest real-time exchange rates directly within the system daily.

CIEF EXCHANGE

3 Ways to Safeguard Your Transfers from Freezing

With recent cases of China bank accounts and RMB payments being increasingly frozen, we are dedicated to providing worry-free payment solutions. Currently, we offer three secure payment methods to avoid freezing:

  1. Enterprise Bank Transfers

  2. Payment via 1688 Account (Payment on the 1688 platform is officially certified and protected, eliminating freezing issues)

  3. USD Transfers

Step-by-Step Guide How to Make a Payment?

With a single account, you can access all our services, whether it’s China bank transfers, payments on 1688, or USD transfers. It’s simple to use, and all your transaction records are securely saved in the system, so you never have to worry about losing track of your transactions or invoices in the future.

China Bank Transfers

In the video, 1-day and 3-day payments are the most common bank transfer options, allowing you to transfer funds to a supplier’s private or corporate account using a private account. You can switch between RMB and USD currencies within the system.

Tip: The 3-day transfer option offers a better exchange rate!

Tutorial on 1688 Payments

This tutorial provides step-by-step instructions on how to make 1688 payment orders within our system, complete with video demonstrations.

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Downloading Invoices

For bank transfer users, you can follow this tutorial to fill out the Purchase Order, and the system will automatically generate the Invoice for you. If you’re using 1688 Payments, you won’t need to fill it out; the system will generate the Invoice automatically.

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Full 1688 Purchasing Guide

Get the complete process from purchasing, payment, to shipping with our step-by-step tutorials. Understand the whole process at once!

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FAQ

Most frequent questions and answers

Yes, the invoices we provide adhere to legal standards and can be used for audit purposes.

When you input the transaction amount into the system, the exchange rate will be displayed automatically.

The transfer time varies depending on the chosen service option. You can find more details in the system regarding transfer durations.

Yes, you can make payments to both personal and enterprise China bank accounts through our system.

No, once you’ve placed an order and made the payment, the exchange rate won’t affect that transaction.

As long as the supplier refunds the funds, our team will return the exact amount to your Exchange wallet, and you can reorder or withdraw it to your own bank account with no additional fees.

The exchange rate remains the same unless you opt for a different payment method.

We strongly recommend using our in-system e-wallet, which can also help you secure better exchange rates.

Our services, whether Enterprise-to-Enterprise transfers, 1688 payments, or USD transfers, are 100% guaranteed not to be frozen, and in case of any freezing, we’ve got you completely covered.

Sure, you may refer to https://www.cief-malaysia.com/exchange-tc-en/