Send money to China for Chinese New Year with Paysend
The 2020 Chinese New Year marks the start of the year of the Metal Rat. This is a sign of wealth and prosperity which will bring good fortune to people in their affairs of money and business. Traditionally during Chinese New Year, people give gifts of Red Pocket money to wish good luck and fortune for the new year to their friends and families.
How can I send money to China?
Paysend offers a new, alternative way to send money to China from the UK or any other destination. Using the simple and secure Paysend app, users can easily send money to their loved ones in China. Paysend has over 1.4 million users, and China is one of the top destinations for money transfers on the Paysend platform. With Paysend, you can send money directly to many Chinese card accounts. Here's a list of Chinese banks we work with:
- Industrial and Commercial Bank of China
- Limited Bank of China
- China Construction Bank
- Bank of Communications
- China Everbright Bank
- Hua Xia Bank
- Bank of Shanghai
- Linshang Bank
- Hunan Rural Credit Cooperative
- Qinghai Rural Credit Cooperative
- Guangdong Rural Credit Cooperative
- Henan Rural Credit Cooperative
- Fujian Credit Cooperative
How much does it cost for sender and recipient?
Whereas many money transfer services charge large fees or take a percentage of the amount sent, it costs only £1, $2 or €1.50 to send money to cards in China, no matter how much you want to send. So if you want to transfer money from the UK to China, it will always cost you just £1 to send it via Paysend.
Special requirement for recipients in China
The amount of a single transfer delivered to a China-issued card must not exceed 15000 CNY. No more than 50000 CNY can be delivered to a single bank card within one day. The overall amount of money delivered must not exceed 250000 CNY per month.
How long does it take to transfer money to China?
Most of our transfers to China arrive instantly, although it can take up to three days (depending on your recipient’s bank’s processing time).
Is Paysend secure?
Paysend is FCA-regulated, so all of our transfers are authorised and protected. We take security very seriously, and all transfers are as safe as funds held in high street banks!
Customer support
Taking care of our customers is a top priority for us. You can get in touch with us via online chat or by email at [email protected]. If customers would prefer Chinese language support, they can talk to us through official Paysend WeChat account.
Download the Paysend app* from the App Store or Google Play to transfer funds, fast, simply and affordably to China
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Paysend, a UK-based FinTech company, and Currencycloud have announced a substantial expansion of their long standing partnership, indicating Paysend's intention to extend its services globally.
Under this agreement, Currencycloud will enhance Paysend's skills in foreign exchange (FX) and financial operations, establishing Paysend as a major player in global money transfers across the US, EMEA, and Asia-Pacific regions.
Paysend, a leading platform for cross-border money transfers, is excited to announce its inclusion in the prestigious FT1000 List for the second year in a row.
The FT1000 is an annual ranking that identifies Europe's fastest-growing companies based on their revenue growth rate over a specific period. Earning a place on this esteemed list underscores Paysend's impressive growth trajectory and resilience in the fiercely competitive financial industry, affirming its status as one of Europe's top success stories.