Paysend has some exciting news!
Our team wants to provide customers with an all-new method of moving money, allowing users to send support to family and friends in China quickly for less!
2022 is the year of the Tiger, considered in China to be the king of all beasts. The zodiac sign for the Tiger is the symbol of strength, said to exorcise demons and evil, representing bravery and courage. Many children in China will dress up like tigers during this time of year!
The fantastic news for our customers is that they can now make their first money transfer to a Weixin user in China fee-free* up until the 20th of March, with no need to enter a promo code!
Users can receive transfers with Weixin by following these simple steps:
- Sign up for a Weixin account
- Provide proof of Chinese citizenship using a National ID card
- Obtain authorization from the bank to receive money with Weixin
- Sign the kinship commitment letter (Stating you are receiving money as family support)
How to authorize your bank card?
- Make sure you have signed up for Weixin and downloaded the app.
- When sending money for the first time, you will receive a text message that includes a link to Weixin. Select the link to open the WeRemit section in your Weixin app
- Select Agree to authorize your phone number.
- Choose the bank card to receive money.
- Authorize your card.
Why might a transfer be cancelled?
- If the authorization was not completed within 48 hours in the Weixin app after receiving a notification
- You have reached your receiving limit. (Applying to all transfers, even if delivered by another transfer service)
- If you've exceeded the monthly five transfer limit for Family Support or Salary reasons.
- You don't meet the age requirements. (Recipients must be 18-65 years old)
Why do I need to sign a kinship commitment letter?
Signing a kinship commitment letter declares your relationship with the sender, selecting Family Support as the purpose for receiving. This documentation is mandatory for banks in China.
Visit the Paysend app† or website now to move money home to China via Weixin!
*Promo only applies to the first 20,000 customers who move money to a Weixin user in China before the 20th of March 2022.
MOVE FUNDS TO CHINA VIA Weixin
†Standard data rates from your wireless service provider may apply.