Why Paying in RMB Saves You Money (And How to Do It!)

Why Paying in RMB Saves You Money | EZ Sourcing PH RMB Remittance

If you’re a Philippine-based business importing from China, you’ve probably faced this challenge: hidden fees, high exchange rates, and delays when paying your suppliers in USD. What if there’s a smarter way?

For the past 5 years, we’ve been helping Filipino businesses save big by paying their China suppliers directly in RMB (CNY). Here’s why it matters—and how you can do it too.

Why Paying in RMB Is Cheaper

1. Skip Double Conversion Fees
   Normally, when you pay in USD, your money gets converted twice—PHP ➝ USD ➝ RMB. That means two layers of bank charges. By paying in RMB, you skip the extra step and keep more money in your pocket.

2. Better Exchange Rates
   Banks and traditional remittance services usually give you a marked-up exchange rate. We offer real, competitive RMB rates—cheaper than USD transfers.

3. Stronger Supplier Relationships
   Chinese suppliers prefer payments in their local currency. Paying in RMB often means better negotiation power, faster transactions, and sometimes even supplier discounts.

 How We Make It Simple for You

• 5 Years of Experience – We’ve helped Philippine businesses, from small importers to big distributors, streamline their China payments.

• Cheaper  – Our RMB remittance service ensures lower fees, better rates, and more savings for your business.

• Hassle-Free Process – We handle everything so your supplier gets their money quickly and safely.

How to Pay in RMB with EZ Sourcing (Step-by-Step)

Here’s exactly how our process works — simple, transparent, and designed to save you money:

1. Send your invoice / supplier details
   Provide the supplier’s pro-forma invoice or commercial invoice and their bank or Wechat QR code or Alipay QR code/details.

2. Request a quote from us
   We’ll give you the RMB amount, PHP equivalent, exchange rate, fees, and total cost — so you see your savings upfront.

3. Send funds in PHP
   Transfer the quoted PHP amount to our local account using your preferred method.

4. We convert PHP ➝ RMB and remit to your supplier
    We send the exact RMB amount to your supplier’s account.

5. We send proof of payment
   You'll get the payment slip— which you can forward to your supplier.

6. Supplier confirms receipt
   Once confirmed, the payment cycle is complete. We also assist if issues arise.

Quick Tips to Maximize Savings

• Batch multiple invoices into one payment.

• Double-check supplier beneficiary details to avoid delays.

• Ask suppliers for discounts when paying in RMB (many are happy to oblige).

 Take the Smarter Route

Don’t let high fees eat into your profits. For 5 years, we’ve been trusted by Philippine businesses who want cheaper, faster, and safer payments to China.

Ready to save more on every transaction? Pay in RMB today and see the difference.

Viber/Whatsapp: +639270798054