ChinaCNYChinese Yuan
Yuan to Chinese suppliers or relatives - without Western intermediary banks. Rubles, dollars, or USDT: we credit CNY to the recipient's Alipay or WeChat Pay wallet. Commission from 0.9%, route confirmed before payment.
The route, the receiving bank and the payout amount are agreed before payment.
China is a strategically important destination for ATM24. The main audience for transfers to China includes entrepreneurs paying Chinese suppliers, students in Beijing, Shanghai, and Harbin, as well as specialists working on joint Russian-Chinese projects. China remains Russia's largest trading partner, and a significant portion of settlements between the countries is conducted in national currencies - rubles and yuan - without using the dollar. The Chinese yuan exists in two circuits: onshore CNY is used within mainland China and trades within a fixed range around the People's Bank of China rate, while offshore CNH circulates outside mainland China at a more freely floating market rate.
The recipient in China receives funds in CNY, so the final transfer rate is locked in before payment. The main methods of receipt are Alipay and WeChat Pay. The route, details, rate, commission, and timeframe are confirmed before payment.
CNY. Credited to the recipient's Alipay account - the primary method for private transfers to China. Details: recipient's phone number or Alipay ID. Credit in CNY - typically within one hour. ATM24 commission from 0.9%
CNY. Credited to the recipient's WeChat Pay wallet. Details: recipient's WeChat ID or phone number. Credit in CNY - typically within one hour. ATM24 commission from 0.9%
Alipay or WeChat Pay wallet details and transfer route are agreed with the manager before payment - this locks in the rate and the specific channel for crediting yuan to your account.
We accept RUB, USD, EUR and USDT — we pay out in CNY
RUB CNY
0.07021per 1 RUB
10 000 ₽ = 702 CNYUSD CNY
6.29per 1 USD
100 $ = 629 CNYEUR CNY
7.14per 1 EUR
100 € = 714 CNYUSDT CNY
6.29per 1 USDT
100 USDT = 629 CNY| You send | Payout in CNY |
|---|---|
| 100 USDT | 629 CNY |
| 300 USDT | 1 888 CNY |
| 500 USDT | 3 147 CNY |
| 1 000 USDT | 6 295 CNY |
| 5 000 USDT | 31 473 CNY |
Where recipients usually get the money in China
The world's largest bank by assets. SWIFT ICBKCNBJ. Accepts incoming transfers in CNY and foreign currencies. Extensive network - over 16,000 branches throughout China.
Second largest by assets among Big Four. SWIFT PCBCCNBJ. Serves individuals and businesses across the country. Accepts SWIFT transfers in CNY through correspondent network.
Third largest state-owned bank by assets. SWIFT ABOCCNBJ. China's largest ATM network - covers rural areas. Accepts incoming transfers in CNY.
One of the four largest state-owned banks (Big Four). SWIFT BKCHCNBJ. Specializes in international operations: accepts incoming transfers in CNY, USD, EUR. Most convenient for cross-border settlements among Big Four.
Fifth largest state-owned bank by assets. SWIFT COMMCNSH. Partially owned by HSBC (19%). Accepts SWIFT transfers in CNY and USD. Active in international operations.
National currency
China's national currency is CNY (yuan, official name - Renminbi). CNY is a partially convertible currency, and yuan operations are regulated by the People's Bank of China. The People's Bank of China controls monetary policy, sets benchmarks for the yuan exchange rate, and regulates foreign exchange and cross-border operations.
Card systems
UnionPay is China's national card system, operating in over 180 countries. Visa and Mastercard are not available for domestic transactions in China; foreigners use Visa/MC cards issued abroad. Contactless payments and QR codes dominate; cash is gradually being phased out.
Payment applications
Super apps WeChat Pay and Alipay are China's primary payment systems, with QR code payments through them available at most retail points in the country.
Interbank transfers
SWIFT is used for international transfers. CIPS (Cross-Border Interbank Payment System) is China's SWIFT alternative for CNY operations, actively used for trade settlements. IBAN format is not used in China: transfers require the bank's SWIFT/BIC code, account number (16-19 digits), and recipient's full name in pinyin.
Financial regulator
China's financial regulator is the People's Bank of China (PBOC, People's Bank of China).
Specifics for ATM24
PBOC strictly controls cross-border CNY flows: individuals can receive transfers via Alipay or WeChat Pay. Annual conversion limit for individuals is 50,000 USD. ATM24 clarifies the route (Alipay or WeChat Pay) and details with the manager before confirming the request.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Only methods present in both the country description and the current route are shown.
Real stories from real people
Yandex
I needed to get cash in Dubai! I found the service very quickly through Google and didn’t regret it. Everything is clear, everything is convenient, manager Ekaterina helped at every step, the courier also helped and was very friendly. It's great that there are companies like this and by the way with a very good rate and terms!
Read full reviewThe rate is favorable, exchanged in 40 minutes, operator Ekaterina - well done)
Read full reviewThey helped exchange rubles to baht very quickly and efficiently, thank you!
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
Country not found
We've collected answers to frequently asked questions about the yuan, money in China, and transfers from Russia.
To send money to China with payout in CNY through ATM24, choose a bank route or an available Alipay or WeChat Pay route. The manager checks ICBC, Agricultural Bank of China, China Construction Bank, or the selected service, then confirms the CNY amount, fee from 0.9%, and timing. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
For China, a CNY payout can be checked as a bank route or, where available, through Alipay or WeChat Pay. ATM24 reviews the recipient name, bank or service identifier, and route requirements for ICBC, Agricultural Bank of China, or China Construction Bank. A bank account and a wallet route need different recipient details. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
Transfers to China in CNY can be checked through banks such as ICBC, Agricultural Bank of China, China Construction Bank, Bank of China, and Bank of Communications. ATM24 also separates bank routes from Alipay or WeChat Pay where those options are available. The recipient bank or service is confirmed before payment.
For a CNY transfer to China, ATM24 needs the recipient name and the selected route: bank account, Alipay, or WeChat Pay. A bank payout may require bank name, account or card data, and name spelling for ICBC, Agricultural Bank of China, or China Construction Bank. A wallet route needs the service identifier checked before payment. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
A CNY transfer to China can start from 15 minutes when the bank, Alipay, or WeChat Pay route is ready. Timing depends on ICBC, Agricultural Bank of China, China Construction Bank, service identifier, recipient-name match, and amount. ATM24 confirms the expected processing window before payment. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
For a CNY transfer to China, the ATM24 fee starts from 0.9% and depends on whether payout goes to a bank, Alipay, or WeChat Pay. Industrial and Commercial Bank of China, Agricultural Bank of China, or China Construction Bank may require different recipient details, so the route is priced before payment. Any international-card or sending-bank fee is charged outside ATM24. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
Yes, ATM24 can calculate a CNY transfer to China when the sender pays by an available card, bank transfer, USDT, or another confirmed method. The manager checks ICBC, Agricultural Bank of China, China Construction Bank, Alipay, or WeChat Pay before payment. External payment fees from the sender's provider are separated from the CNY payout calculation. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
CNY transfers to China through ATM24 start from 100 USD or the equivalent. The upper limit depends on whether the recipient uses ICBC, Agricultural Bank of China, China Construction Bank, Alipay, WeChat Pay, or a card route. The manager confirms the CNY route limit and any document request before payment. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
For a large CNY transfer to China, ATM24 reviews the bank or wallet route first: ICBC, Agricultural Bank of China, China Construction Bank, Alipay, or WeChat Pay. The manager may request sender ID, source-of-funds details, recipient name, service identifier, and payment purpose before payment. The document list is confirmed after the CNY route is selected. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
For a 1000 USD transfer to China, the live CNY estimate depends on whether payout goes to a bank, Alipay, or WeChat Pay: 6,294.68 CNY. ATM24 checks the CNY route, fee from 0.9%, exchange conditions, and recipient identifier before payment. The final amount is fixed in the order. Bank-route examples for China: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, and Bank of Communications.
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