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Frequently Asked Questions
Main options include bank transfers (SWIFT), online payment systems (PayPal, Wise), as well as specialized services like Western Union and MoneyGram. For domestic transfers within China, AliPay and WeChat Pay are the primary payment platforms.
Fees depend on the transfer method. International transfers usually involve higher fixed fees and possible extra charges from intermediary banks. Online services often offer lower rates and more competitive exchange rates. Comparing fees before sending is recommended.
The rate depends on the chosen service and may vary. Banks, exchange offices, and online platforms set their own rates. It’s best to check the current rate before sending to avoid extra conversion costs in China.
Timeframes vary. International SWIFT transfers typically take 2–5 business days. Transfers to AliPay or WeChat within China are instant. Online services can process transfers within a few hours.
Yes, limits may depend on regulations and bank policies. International transfers are subject to currency control laws, and limits vary by sending country, transfer type, and service. Check current limits before sending large amounts.
Most services allow tracking via their website or mobile app. For bank transfers, including SWIFT, contact your bank for status updates.
Yes, depending on the amount and method, you may need to verify your identity or state the transfer purpose. Banks and payment services may require additional forms or documents.
Use only trusted, licensed services. Double-check recipient details, avoid suspicious offers, and be cautious with unfamiliar accounts. If an offer seems too good to be true, it might be a scam.
The main currency is the Chinese yuan (CNY). Many services also allow sending USD and other currencies, which are then converted to yuan at the service’s current rate.