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Destination country playbook
China
CN / CHN
- Currency
- CNY
Bank payouts
Receiver and bank fields expected for this destination. Account currency and clearing-system identity are resolved from the quote and routing data.
| Field | Requiredness | Format | Validation pattern | Notes |
|---|---|---|---|---|
CNY bank payout payment.instruction.instructedAmount.currency | Required | Fixed value: CNY | No corridor-specific pattern | This playbook covers local-currency bank payout into mainland China. |
CNY bank payout payment.creditor.account.currency | Required | Fixed value: CNY | No corridor-specific pattern | This playbook covers local-currency bank payout into mainland China. |
Creditor mainland China bank account payment.creditor.account.accountIdentifierType | Required | Fixed value: BBAN | No corridor-specific pattern | Mainland China does not use IBAN; local CNY payouts use the creditor's domestic bank account number. |
Creditor mainland China bank account payment.creditor.account.accountId | Required | String | No corridor-specific pattern | Mainland China does not use IBAN; local CNY payouts use the creditor's domestic bank account number. |
Creditor bank BIC payment.creditor.agent.financialInstitutionId.bic | Required | Minimum length: 8; Maximum length: 11 | ^[A-Z]{4}CN[A-Z0-9]{2}([A-Z0-9]{3})?$Normalize: Remove Whitespace, Uppercase | Creditor bank BIC is required for this payout profile. |
Creditor bank CNAPS identifier payment.creditor.agent.financialInstitutionId.clearingSystemCode | Optional | Fixed value: CNAPS | No corridor-specific pattern | CNAPS uses a 12-digit bank-branch member identifier to route domestic CNY payments to the creditor's bank branch. |
Creditor bank CNAPS identifier payment.creditor.agent.financialInstitutionId.clearingSystemMemberId | Optional | Length: 12 | ^[0-9]{12}$Normalize: Remove Whitespace | CNAPS uses a 12-digit bank-branch member identifier to route domestic CNY payments to the creditor's bank branch. |
Compliance information
Destination rules that may affect the payout data Axiym validates.
- Incoming cross-border wire-transfer information: People's Bank of China, National Financial Regulatory Administration, and China Securities Regulatory Commission — Measures for the Administration of Customer Due Diligence and Preservation of Customer Identity Materials and Transaction Records by Financial Institutions, Order No. 11 [2025].
- Cross-border RMB trade authenticity: People's Bank of China — Detailed Rules for the Implementation of the Measures for the Administration of Pilot RMB Settlement in Cross-border Trade, Yinfa No. 212 [2009].
These are playbook-level summaries. The payout validation response remains authoritative for the exact instruction and its transaction conditions.