Royal Integrated Ventures
Royal Integrated Ventures
  • Home
  • About Us
  • Contact Us
  • Blog
shape
  • Home
  • RMB Payment
  • Making Payments to Chinese Suppliers: A Simple Guide to RMB Transaction with RIVNL
Making payment to chinese suppliers - Royal Integrated Ventures

Making Payments to Chinese Suppliers: A Simple Guide to RMB Transaction with RIVNL

    Trading with China is one of the fastest ways Nigerian businesses grow — For many businesses, paying suppliers in U.S. dollars has always been the “default,” but this often comes with high costs, delays, and hidden charges. But while finding the right supplier is one part of the journey, making smooth payments is another big challenge.

    At Royal Integrated Ventures (RIVNL), we’ve simplified the process by enabling direct RMB (Chinese Yuan) payments. Here’s a simple guide to how it works and why it matters for your business.

    Making payment to chinese suppliers - Royal Integrated Ventures

    Why Pay Chinese Suppliers in RMB?

    1. Faster Transactions
      RMB payments reduce delays in production and shipping, helping you keep up with customer demand.
    2. Stronger Supplier Relationships
      Paying in RMB shows commitment. Suppliers are more likely to prioritize your orders, offer better pricing, or even extend credit terms when they’re confident about payments.
    3. Lower Costs: By avoiding unnecessary USD conversions, you save on hidden charges and exchange rate losses.
    4. Transparency & Predictability: Clear settlement terms mean no surprises with exchange rates or hidden fees.

    How RIVNL Simplifies RMB Payments

    At Royal Integrated Ventures Nigeria Limited (RIVNL), we provide Nigerian businesses with a direct, reliable way to pay Chinese suppliers in RMB. Here’s how it works:

    Step 1: Contact our team to get today’s RMB exchange rate.
    Step 2: Pay the equivalent amount in Naira to RIVNL.
    Step 3: We transfer RMB directly to your supplier’s account.
    Step 4: You receive a telex copy as proof of payment.

    No stress. No middlemen. Just fast, secure payments that keep your supply chain moving.

    READ MORE

    Previous Post
    Understanding RMB
    Next Post
    How Nigeria’s

    Comments are closed

    Nigeria’s No.1 foreign currency payment company that specifically focused on facilitating RMB (Chinese Yuan) payments.

    Instagram Tiktok Facebook Youtube

    © RIVNL 2024. All rights reserved.

    Contact

    Head Office
    23 Diya Street,Beside Fidelity Bank, Gbagada Road, Lagos State.

    Branch Office
    112, Igaduganran Off Idumagbo Avenue, Lagos Island.

    Email
    [email protected]

    Resources

    About Us

    Contact Us

    TradeBeta