XTransfer B2B Cross-Border Trade Payments

XTransfer is a B2B cross-border trade payment platform with a Shanghai base and a Singapore entity regulated by MAS as a Major Payment Institution. It serves small and medium-sized importers and exporters that struggle to open foreign accounts, collect from overseas buyers and manage FX costs, and it is licensed in eight jurisdictions including Hong Kong, the UK, the US and Singapore.

The platform provides local accounts in about 60 countries and regions, a global account for major currencies, Smart FX with mid-market rates, payouts to more than 200 markets, Pay to China and seamless withdrawal, all on a risk control and compliance engine. In Vietnam it offers a VND local account so that buyers can pay through domestic rails. Funds are segregated across more than 170 partner financial institutions, and businesses use it through web and mobile apps.

• Local accounts: Opens collection accounts in about 60 countries and regions.
• Global accounts: Holds and receives major global currencies in one account.
• Smart FX: Converts currencies at mid-market rates with live quotes.
• Payouts: Pays suppliers and third parties in more than 200 markets.
• Pay to China: Sends payments to Chinese suppliers.
• Risk control and compliance: Screens trade transactions to keep accounts safe.

A Vietnamese furniture or garment exporter can collect from US and EU buyers into local accounts and convert at mid-market rates. An importer can pay Chinese suppliers quickly through Pay to China. A trading company can let overseas buyers pay in VND through the local account.

Exporters get local collection accounts in about 60 countries without opening foreign bank accounts. Local collection in Vietnam carries zero transfer fee, and FX uses a mid-market rate refreshed every 15 minutes. More than 1 million business customers and US$60.5 billion in 2025 payment volume indicate a mature network, with funds segregated across 170+ institutions.

Trade between China and ASEAN keeps growing, and small exporters in markets such as Vietnam need cheaper, faster ways to collect and pay across borders than traditional wire transfers. Intra-ASEAN corridors and local-currency settlement are becoming important as supply chains diversify.

Website operated under a Shanghai ICP filing, with XTransfer Pte. Ltd. regulated by MAS as a Major Payment Institution (licence PS20200590). Licensed in eight jurisdictions: Chinese Mainland, Hong Kong, the UK (FCA), the US, Singapore, the Netherlands, Australia and Canada. Ranked first among B2B cross-border trade payment platforms by 2025 payment volume, per CIC research cited by the company.