Payment rail · China
Payment rail · ChinaWhat is CNAPS?
CNAPS — the China National Advanced Payment System — is the People’s Bank of China’s yuan payment backbone, run through its China National Clearing Center: high-value payments settle one by one in real time, and low-value volume clears in netted batches. Poplin pays out to China over CNAPS.
Source: CNCC (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
Which rail reaches…
Which rail reaches your recipient?
No destinations match that search.
A payout to China can clear over
CNAPS
0.85% + $5.00 on a business account
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over CNAPS — and what Poplin charges to send.
Settlement
—
no stated window
Reaches
1
country — China
Paid out in
CNY
Chinese yuan
Business fee
0.85%
plus a $5.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How CNAPS payouts move.
From your US-dollar balance to an account in China — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Chinese yuan at the mid-market rate — no markup added.
Cleared over CNAPS
Poplin clears the payout over CNAPS, China’s yuan payment backbone.
Arrives at the destination
Poplin has not published a settlement window for CNAPS to China.
// coverage
Where CNAPS reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
CNAPS — FAQ
Basics
What is CNAPS?
CNAPS — the China National Advanced Payment System — is the People’s Bank of China’s yuan payment backbone, run through its China National Clearing Center: high-value payments settle one by one in real time, and low-value volume clears in netted batches. Poplin pays out to China over CNAPS.
Speed
How long do CNAPS payouts take?
Poplin has not published a settlement window for CNAPS to China. A blank delivery time is a figure nobody has read, not a slow one.
Cost
How much does it cost to send money over CNAPS with Poplin?
A percentage of the amount plus a $5.00 fixed fee — 0.85% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over CNAPS?
CNAPS is how Poplin pays out to China, in CNY. Poplin also reaches China over CFXPS (USD) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to China over CNAPS.
Open a US-dollar account in minutes. No monthly fees.