How Can Companies Receive Cross-Border Payments from Overseas Clients via Banks?

For companies dealing with international clients, receiving cross-border payments efficiently is a key part of maintaining cash flow. The process involves multiple currencies, international banking networks, and compliance requirements. Having the right corporate account, such as one with CBiBank, can simplify international collections and ensure payments are processed securely.

1. Understanding Cross-Border Payments for Companies

Cross-border payments occur when clients from other countries transfer funds into your corporate account. Compared with domestic transfers, these payments may involve intermediary banks, currency conversions, and regulatory checks.

CBiBank’s corporate accounts are designed for a wide range of business types—from consulting and IT services to e-commerce and logistics—making it easier to receive payments globally without unnecessary delays.

📌 Tip: Verify that your bank supports the currencies and regions you frequently work with. CBiBank supports 20+ major currencies including USD, EUR, GBP, HKD, CNH, and JPY.

2. Opening a Corporate Account for International Transactions

To receive international payments, your company needs a corporate account capable of handling multi-currency transfers. With CBiBank, accounts can be opened online in 1–3 days. Required documents typically include company registration, shareholder information, business proof, and completion of a video verification.

⚠️ Attention: Incomplete or inconsistent documentation is a common cause of delays. Make sure all certificates and records are up-to-date.

CBiBank link: Open a Business Account

3. Choosing the Right Payment Channels

Once the account is active, companies should provide clear instructions for client transfers. Common channels include wire transfers via SWIFT for B2B payments and service trade settlements. CBiBank supports:

Physical trade (B2B)

Service trade payments

Cross-border e-commerce (Amazon, eBay, Wish, Tmall Global, JD Global, Pinduoduo Global)

International investment and financing

📌 Tip: Always provide accurate IBAN/SWIFT codes and your registered business name to avoid rejected or delayed transfers.

4. Compliance and Transparency

Cross-border transactions are monitored for anti-money laundering (AML) and other regulations. Keeping clear invoicing and transaction records is essential. CBiBank provides verification and monitoring tools that help businesses meet compliance requirements and avoid unnecessary holds.

⚠️ Attention: Large or frequent transfers may trigger additional review. Prepare supporting documents in advance to minimize delays.

5. Tracking and Reconciling Payments

Monitoring incoming funds is critical for accurate accounting. CBiBank offers online dashboards that show pending and completed transactions, simplifying reconciliation and ensuring accurate invoicing.

📌 Tip: Integrating bank data with accounting software can further reduce errors and save time.

6. Benefits of Using a Bank Optimized for International Business

CBiBank offers:

Fast account opening (1–3 days, fully online)

Multi-currency support for 20+ major currencies

Flexible fund transfers without strict foreign exchange restrictions

Wide business coverage including trade, e-commerce, IT, logistics, and consulting

Stable operation with low risk of freezes or closures

Professional support: bilingual customer service and 1-on-1 managers

FAQ: Cross-Border Payments for Companies

Q1: How long does it take to receive an overseas payment?
A: Wire transfers via SWIFT typically take 1–5 business days depending on the client’s bank and currencies involved.

Q2: What information should I provide to clients?
A: Include your registered business name, account number, IBAN/SWIFT codes, and invoice reference information.

Q3: Can my company receive payments in multiple currencies?
A: Yes. CBiBank supports 20+ global currencies, allowing seamless international collections.

Q4: What if a payment is delayed or rejected?
A: Delays are usually caused by incorrect client information or compliance checks. Provide requested documents promptly to resolve issues.

Q5: Can I track all incoming payments in one place?
A: Yes. CBiBank’s online dashboard allows real-time tracking, making reconciliation and reporting easier.

Summary:
Receiving cross-border payments from overseas clients is straightforward when a company has the right corporate account and clear procedures. Steps include opening a multi-currency account (CBiBank), providing accurate banking information to clients, ensuring compliance, and tracking payments efficiently. With proper preparation and a reliable banking partner, companies can maintain smooth cash flow and manage international transactions effectively.