Picked up my 732x18.5x8mm belt today, so the old belt came out, I was surprised at the physical difference between the old belt and the new one, both the same make and model, Kymco 23100-KCX-9000, made by Bando. 2.7mm makes a big difference when placed side by side.
I first put in the 732 belt and at 18.5mm wide it was a bit too big, with the clutch closed and wrap the belt around the pulley it has about 1mm outside the circumference of the pulley. It was too wide to fit in the variator comfortably and pulled the belt into the clutch to make it fit, though with some use I expect it will wear in ok.
Comparing the two genuine belts, the worn one sits a fair way into the rear pulley with pulley closed, the new one sits just proud of the pulley, but, when fitting to the variator I had to pull the belt into the clutch to fit it over the drive boss, so the 732 belt might be ok after all. A longer belt might still be on the cards. I went for a ride with the 732 belt, went past 80kmh which is the highest speed on the dial, found no signs of belt rub.
I have taken some pics of the belts in the clutch, buit can't seem to uplod pics to the forum anymore.