Pay China for your importers.No new correspondent.
Nilos pays your importers' suppliers in mainland China, in CNY. You fund in any of 20+ local currencies, through a partner your board can approve.
- You fund in
- 20+ local currencies, from KES to NGN
- Supplier gets
- CNY in a mainland China bank account or Alipay
- Payer shown
- Your importer
- Your customers get
- USD accounts under your brand
- Your board gets
- The licence stack and flow of funds, in writing
- $2B+processed a year
- 1M+payments
- 99.97%success rate
- MSBFINTRAC-registered, Nilos Canada Ltd
- SOC 2Type II audited
In Nigeria, Senegal, Kenya and the EU, Nilos works through licensed partners. See the licence behind each market
Importers want faster TAT.Correspondents don't help.
Your importers want a fast route to China. Your board wants a partner it can approve.
China takes days
USD into mainland China is restricted and often clears through Hong Kong. Your importer waits days and calls the branch every few hours.
Correspondents cost money and say no
Each correspondent wants a minimum balance. Some reject payments not sent from the importer's own account.
New providers need approval
A new provider goes to your board, and sometimes to the regulator for approval. A fintech with no local story stalls there.
What Nilos runsfor your bank.
Banks and MFBs (microfinance banks) use Nilos to pay China and to open USD accounts for customers. Your board gets a partner it can clear.
Pay China in your local currency.
You fund in local currency. Nilos pays the supplier's bank account or Alipay in mainland China, in CNY.
- CNY to Alipay and to bank accounts in mainland China
- USD, EUR and GBP over SWIFT, SEPA and local USD rails, to 180+ countries
- Your customer's name on the payout, not ours
- MT103 and paid status on every SWIFT payment
A USD account for every customer.
Offer USD accounts under your own brand. Each customer gets a sub-account under your master account, so funds reconcile without proof of payment.
- One master account, a sub-account per customer
- In the customer's name where the rail allows, otherwise in Nilos's name, with a unique reference per customer
- Collect and pay out from one account
A partner your board and regulator will clear.
Your committee gets the licence stack and documents up front. In Kenya, Nilos is an ASP of a CBK-licensed microfinance bank.
- Nilos Canada Ltd, registered with FINTRAC as an MSB (C100000178)
- EU accounts via an EMI partner authorised by De Nederlandsche Bank
- Nigeria: partnership with a CBN-licensed IMTO
- SOC 2 Type II, segregated client accounts at licensed partner banks
- Profile, flow of funds and questionnaire answers before your first committee
Nairobi to Guangzhou,paid in CNY.
Your bank funds in KES. The supplier gets CNY in a mainland China bank account or Alipay, with your importer named as payer.
The products banks use.
Your treasury and ops teams see all three in one dashboard.
Live in about six weeks,with board approval in parallel.
Integration takes about two weeks. Compliance onboarding and your internal approvals run alongside it.
Map the corridors
Tell us where your importers pay. We send the rails and typical timings per corridor.
Approval pack
Treasury, compliance and the board get our profile, licences, flow of funds and questionnaire answers.
Onboard and integrate
We run KYB on your bank while your team connects the API. The build takes about two weeks.
First payment
Fund in your local currency and pay a supplier in China. Check the receipt and status end to end.
Roll out
Open the corridor to your importers. Add USD accounts for customers who want them.
What banks askbefore treasury signs off.
What do you give our board and regulator?
The licence stack, our board documents and our SOC 2 Type II report. In Kenya, Nilos is an ASP of a CBK-licensed microfinance bank. Our team helps with regulator questions.
Which licence covers the payments, and where does the money sit?
Nilos Canada Ltd is a FINTRAC-registered MSB (C100000178). Local legs run through licensed partners, and client funds sit in segregated accounts at licensed partner banks.
What is the TAT to mainland China?
It depends on the corridor and the receiving bank. We share typical timings for your importers' corridors before you sign. Each payout sends a paid status by webhook and shows in the dashboard.
Do we have to integrate an API, or can we start on a platform?
Both. You can start in the dashboard at app.nilos.io, one payout at a time or as a CSV batch. The API takes about two weeks to integrate.
Bring us your importers' corridors.We'll bring the approval pack.
Tell us where your customers pay suppliers. We'll send the rails, timings and documents your board will want.