If you’ve ever tried to pay a supplier in China from your Chilean bank account, you already know the pain:
- ❌ 3–5 day delays
- ❌ High SWIFT fees
- ❌ Unclear FX rates
- ❌ Risk of frozen funds or missing references
For Chilean importers, e-commerce operators, finance teams and sourcing agents, traditional banking is simply not built for fast-moving, international trade.
The good news? There’s now a faster, more transparent way to pay Chinese suppliers using stablecoins and local settlement partners, without needing a crypto wallet or dealing with offshore entities.
This guide breaks it all down.
💸 Why Traditional Transfers Are So Slow (and Expensive)
Let’s say you use BancoEstado or any Chilean Bank to send a wire transfer to a supplier in Shenzhen:
- The money leaves your account in CLP
- It’s converted to USD by an intermediary bank
- Routed through the SWIFT system
- Possibly passed to another intermediary bank in Hong Kong
- Finally lands in the supplier’s account (hopefully with the right reference)
Each step adds:
- Delays (2–5 business days)
- Fees (up to $50–$100)
- FX margin losses (hidden in conversion)
- Risk (funds get held or lost in transit)
✨ The Modern Alternative: Stablecoin-Powered Cross-Border Payments via Yativo
Yativo enables businesses in Chile to send fast, transparent payments to China by leveraging regulated stablecoins (USDC/USDT) and trusted local settlement partners in Asia.
Here’s how it works:
1. Fund Your Yativo Balance
Top up using CLP from your Chilean Bank account via using a local bank transfer, or using stablecoins (USDC/USDT)
2. Submit Supplier Payment
Create a payout with your supplier’s bank details in China, Hong Kong, or Singapore.
Yativo supports CNY, HKD, SGD and USD payouts.
3. Yativo Sends via On-the-Ground Partners
Instead of routing via SWIFT, Yativo converts the CLP to USDC/USDT, and sends to local liquidity partners in China and Asia enabling near-instant settlement. This flow looks like this: CLP > USDC > CNY, with your recipient getting the funds as a local bank transfer, not an international payment.
4. Supplier Gets Paid Fast
Your supplier receives funds in their local account, usually in minutes, no crypto knowledge needed on their end.
🧮 Why It’s Better Than SWIFT
| Feature | Traditional Banks | Yativo |
|---|---|---|
| Settlement Speed | 3–5 business days | 0–1 business day |
| FX Transparency | ❌ | ✅ |
| Fees | $30–$100 | Flat Fees of $20 or less for high volume |
| Stablecoins? | ❌ | Optional (you can use fiat or crypto) |
| Supplier Experience | High friction | Seamless local transfer |
🧑💼 Real Use Case: Santiago-Based Importer
A Santiago business importing electronics from Shenzhen previously used a local Chilean Bank. Each transfer:
- Took 4 days
- Cost $65 in fees
- Had 45% of failed payments in 2023
They switched to Yativo:
- Funds arrive in 1–12 hours
- FX rates are visible in real-time
- Supplier now prefers this method for consistency
🛠️ Bonus: Automate Your Supplier Payouts
If you pay multiple suppliers or use ERP systems, Yativo offers a full Payments API that lets you:
- Schedule recurring supplier payouts
- Integrate invoices and payment approvals
- Track status and FX for each transaction
- Generate downloadable reports and audit logs
Perfect for growing import/export businesses that want control and scale without overhead.
✅ Final Thoughts: Don’t Let Banks Slow You Down
If speed, clarity, and cost matter to your supply chain especially when working with China, it’s time to rethink how you send money.
With Yativo, Chilean businesses can:
- Avoid delays
- Settle faster
- Keep suppliers happy
- Gain full visibility on FX and delivery status
👉 Get started with global payouts on Yativo
👉 Talk to our team to see how you can streamline payments to China