Quick Answer: How To Send Money To China From Nigeria?

How can I send money to China?

What’s the best method for sending money to China?

  1. PayPal.
  2. Bank or Wire Transfers (via SWIFT)
  3. TransferWise (now renamed ‘Wise’)
  4. WorldRemit.
  5. Statrys Business Account.

What is the cheapest way to send money to China?

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option here.

Can I send money to China through Western Union?

Western Union allows you to send to major banks in China, including: Postal Savings Bank of China, Bank of China, Industrial & Commercial Bank and many others. Send money to a bank account on WU.com, the Western Union ® app or from an agent location.

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What is the safest way to send money to China?

If you want to send money to a bank account in China, we recommend using a specialist currency provider. If you’re transferring under $100 or equivalent, your best options include Pangea, Xoom and Transfast. If you’re sending more than $100, we recommend Pangea, Xoom and TransferWise.

Does PayPal work in China?

China has its own type of online payment platforms and the general population in China does not use PayPal and many banks don’t even know what PayPal is if you were to ask them about it. Alternative ways to send funds to China using Xoom.com or a foreign ATM card.

Can I send money to China using PayPal?

Send Money to China Quickly In just a few clicks, your family and friends in China can receive money in a variety of ways, to their PayPal account or bank account. See where else you can send money to.

How can I send money to China for free?

When it comes to getting money into China, especially as an expat, I’ve found that Wise (formerly Transferwise) is the best cheap and convenient option. You can create a free account easily, send money to your China bank or just hold one of 50+ currencies in your Wise account.

How much can you wire to China?

Bank wire fees and limits to send money to China There’s no legal limit on the amount of yuan people can send to China. But Chinese citizens do have a limit on the amount of converted or purchased foreign currency per year — US $50,000, limit also applies to money being sent out of China as we wrote down above.

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How much does it cost to send money to China via Western Union?

How much is the Western Union transfer fee?

Send to China in Cash Online Order Online Order and Pay
Remittance Amount fee fee
500 5 USD 25 USD
1000 7 USD 26 USD
2000 8 USD 36 USD

How much does it cost to send $1000 through Western Union?

The fee is $4.50 to transfer up to $50 and $9.50 to send up to $900. Western Union, in comparison, charges $5 for a money transfer of up to $50, but a transfer of $900 could cost $76. There are a number of price points in between, dependent on the amount of money to transfer.

How long does it take to wire money to China?

Time: Transfer takes 3-5 business days, depending on how long it takes to exchange the currency as well as the banks involved. Every time I send money to China, the money arrives within 2 business days, so I’ve been very happy.

Is TransferWise available in China?

We’re excited to announce that TransferWise is launching transfers to China. TransferWise now supports Chinese Yuan (CNY) transfers to Chinese UnionPay card accounts. It’s fast, as fair as ever, and – with a fee starting from ¥24 – it’s great value, no matter how much you’re sending.

Does Xoom send to China?

With Xoom, you can instantly deposit money to your recipient’s UnionPay credit or debit card in mainland China. The card is provided by most major banks, including Bank of China, Industrial and Commercial Bank of China, and China Construction Bank. Simply create a free Xoom account to start sending money.

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Does Zelle work in China?

No, Zelle is available only in the US. The company allows sending money from one US bank account to another. Both the sender and the recipient must have US bank accounts. Use Monito to find a cheap and fast alternative to Zelle to send money abroad.

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