How to send money from abroad to China

When remitting money domestically, there are many options, including bank wire transfer, traditional remittance companies such as Western Union, and online remittance platforms such as Kaixinhui. The following is a brief overview of each method:

1. Bank wire transfer

Wire transfer is a common cross-border remittance method used by banks. The handling fee varies depending on the amount. The larger the amount, the more favorable it may be. . Wire transfers usually require detailed remittance information, including amount, payee name, address, account number and bank SWIFT code. It may take 3-5 days, and there may be delays during holidays.

2. Western Union

Western Union is famous for its wide range of agent outlets around the world, but there are quota limits for remittances and collections, and handling fees increase with the amount of remittances. Although convenient, it may not be as cost-effective as online remittance for large amounts.

3. Online remittance company - Kaixinhui

Online platforms such as Kaixinhui use electronic payment, eliminating the need for transfer links, and the fees are usually lower. Taking Kaixinhui USA as an example, the single handling fee is fixed. If the remittance amount is between $10 and $2995, it only charges $2.99. You only need to complete the real-name authentication and bank card binding through your mobile phone, which is easy to operate.

When choosing a remittance method, consider cost, speed, and convenience, weighing them against your personal needs and amount. If you need quick payment and are not too concerned about fees, bank wire transfer may be a good choice; Western Union is suitable for cross-border small-amount remittances, while online platforms such as Kaixinhui are suitable for large-amount and low-cost remittances. Always make sure to provide accurate payee information and a valid payment method.