A practical guide for businesses funding payments from Colombia, Brazil, and Mexico.
A supplier invoice is ready, but your money is in COP, BRL, or MXN. Before paying, you need to know what the invoice will cost in your own currency, how the supplier will receive it, and whether it will arrive in time for production or shipment.
With Decaf Business, eligible companies can fund through local bank transfers in Colombia, PIX in Brazil, or SPEI in Mexico, then arrange a bank payout to a supplier in China or Hong Kong. Review the exchange rate, fee, expected supplier amount, and delivery estimate before confirming.
Use Decaf to prepare production deposits, settle shipment balances, and manage recurring invoices to established manufacturers and wholesalers. Your supplier receives a bank payment; they do not need to accept cryptocurrency.
Paying suppliers regularly? Explore supplier payments and request volume pricing.
Why use Decaf for supplier payments
For an importer, the value is in connecting the work around the transfer:
- Fund through a local method. Use an available bank deposit option in the currency your business holds.
- Review the payment before sending. See the rate, fee, supplier amount, and delivery estimate together.
- Keep a record for each invoice. Follow payment status and save the receipt for reconciliation.
This gives your finance team a repeatable process for supplier deposits and balances.
Fund locally and pay your supplier abroad
The process has two parts: fund your Decaf balance in your local currency, then send through an available route to the supplier’s bank account. The local deposit method and the international payout are separate steps.
| Where you fund | Funding currency | Listed funding method |
|---|---|---|
| Colombia | Colombian pesos — COP | BRE-B |
| Brazil | Brazilian reais — BRL | PIX |
| Mexico | Mexican pesos — MXN | SPEI |
Decaf offers receiving options in CNY, CNH, and USD for mainland China, and HKD and USD for Hong Kong. The right choice follows the invoice currency and the receiving account’s requirements.
Availability depends on business verification and the combination of funding method, supplier account, and receiving currency. Confirm those details for your account before funding your first payment.
Check Decaf’s payment corridors.
From Colombia
Use the COP bank deposit instructions available to your approved account. If your supplier invoices in USD, compare the Colombian pesos required to deliver that dollar amount, including conversion and transfer charges. A supplier located in China may still want to receive USD.
From Brazil
Use the BRL funding instructions for PIX. PIX handles the deposit into your Decaf balance; the supplier receives a separate international bank payout. Check the delivery estimate for that payout when planning your order.
From Mexico
Use the MXN deposit instructions for SPEI. If the invoice is in CNY, review the full peso cost, including any intermediate conversion. Funding in MXN does not necessarily mean the payment uses a direct MXN to CNY exchange.
Choose mainland China or Hong Kong based on the bank account
A factory in mainland China may provide a Hong Kong receiving account. A Hong Kong trading company may invoice in USD rather than HKD. Use the verified bank instructions to identify the destination instead of assuming it from the supplier’s address.
| Receiving account | Decaf lists these currencies |
|---|---|
| Mainland China | CNY, CNH, USD |
| Hong Kong | HKD, USD |
If the beneficiary differs from the company that issued the invoice, obtain an explanation and supporting documentation before payment.
Agree on the currency with your supplier before preparing the transfer. If they offer two invoice currencies, compare the invoice prices and total payment costs together.
For a broader explanation of payment methods, currencies, and supplier checks, read our guide to paying suppliers in China and Hong Kong.
Make your first supplier payment with Decaf
Create and verify your business account
Register for Decaf Business and complete the verification requirements for your company. Prepare your business registration information and the requested details about its representatives and beneficial owners.
Prepare your account before the invoice is due. Registration and business approval are separate stages.
Prepare your supplier details
Collect the details for the invoice you want to pay:
- Commercial or proforma invoice and agreed payment currency.
- Beneficiary’s legal name and bank account details.
- Receiving bank’s country and the codes required for the route.
- Payment purpose and invoice reference.
- Purchase order or agreement, when requested.
Independently confirm any changed banking instructions with an established supplier contact before using them.
Confirm your route and fund your balance
Confirm the supplier’s destination and receiving currency, then fund using the deposit instructions available to your account.
Check the funding-account requirements, deposit reference, and applicable limits before transferring.
Review the payment before confirming
Check the exchange rate, fee, expected supplier amount, and estimated delivery. Confirm how any possible receiving-bank deductions are handled.
For a partial payment, make sure the amount and reference identify the deposit or balance you intend to settle.
Track and reconcile
Follow the payment’s status and retain the receipt. Match it to the invoice, and confirm receipt with your supplier when that triggers the next step in the order.
Compare the full invoice cost in your local currency
A low transfer fee does not tell you the whole cost. For your business, the useful number is the total COP, BRL, or MXN needed for the supplier to receive the agreed invoice amount.
When comparing Decaf with your existing provider, use the same supplier amount, receiving currency, and bank destination. Request quotes at approximately the same time so exchange-rate changes do not distort the comparison.
| Compare | Question to ask |
|---|---|
| Local funding | What does it cost to add the money? |
| Conversion | Which exchange rate applies, and are there intermediate conversions? |
| Transfer | What fixed or percentage fees apply? |
| Supplier receipt | What amount is expected to reach the bank account? |
| Potential deductions | Can intermediary or receiving-bank charges reduce that amount? |
Plan around production and shipment deadlines
Work backward from when your supplier needs cleared funds. Your first payment may require business approval, funding, and document review before payout begins.
| Payout route | Published delivery guidance |
|---|---|
| China through CIPS | Within the day |
| Hong Kong through CHATS | Under 10 minutes |
| International wire | Depends on beneficiary and intermediary banks |
These are route-specific payout estimates from Decaf’s corridor directory, not the total time to open, fund, and use a new account. The estimate for your actual payment takes precedence.
Allow for bank cutoffs, business hours, holidays, and any requested documents. Ask when the delivery window begins if the payment is tied to a production deadline.
Agree with the supplier whether production or shipment depends on the funds arriving, rather than simply on receiving a transfer receipt.
For a new or unfamiliar supplier, arrange any required purchase protection separately. A supplier bank transfer does not provide escrow or guarantee delivery of the goods.
Frequently asked questions
Can I pay a USD invoice using COP BRL or MXN
Yes, where your approved funding and payout route supports it. You fund in the available local currency and arrange payment in the supplier’s agreed receiving currency. Review all conversions and fees before sending.
Does PIX or SPEI send money directly to China
PIX and SPEI are local funding methods in this workflow. After the deposit reaches your Decaf balance, the supplier payment uses the available payout route for China or Hong Kong.
Does my supplier need to accept cryptocurrency
No. The routes described here deliver to a bank account. You can use supported local funding methods without asking your supplier to receive USDC.
Is Decaf cheaper than my bank
Compare quotes for the same delivered invoice amount. Include funding, conversion, transfer charges, and any receiving-bank deductions. The result depends on your specific route and payment; a lower advertised fee alone does not establish a lower total cost.
Can I send a batch to several suppliers
Decaf’s current supplier-payment guidance states that international supplier bank payments are sent individually. Discuss batch bank-payment requirements with the team if they are essential to your workflow.
Can I make a payment immediately after registering
Registration starts the process. You need business approval, an available payment route, and a funded balance before sending. Complete onboarding ahead of your supplier’s deadline.
Pay your next China or Hong Kong supplier invoice with Decaf
Start with your next invoice: the supplier’s bank country, receiving currency, amount, and due date. Then open your Decaf Business account to begin verification.
Once approved, use your available local funding method and review the payment details before sending.
For recurring supplier payments, request pricing for your business. Share your country, funding currency, supplier’s bank location and currency, typical invoice amount, and monthly volume.
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