If you have friends or relatives in the People's Republic of China, you have probably faced the problem of transferring money to that country. Today there are many opportunities to carry out this translation with minimal costs. For example, use the Moneybookers bank transfer system.
Instructions
Step 1
Before doing this, open a dollar account with your bank and transfer a certain amount of money to your Moneybookers account. Then send it to China either by direct money order or by sending money to the desired credit card. The money will reach the recipient within a few hours. In very rare cases, payment is delayed for a day.
Step 2
Recently, it became possible to transfer money through CityBank. To do this, open an account with CityBank in your city. And ask your acquaintances from China to open an account in the same bank, which has branches in almost every city. At the same time, you can withdraw money directly in yuan, that is, you do not need to pay extra interest for exchanging dollars for yuan. Thus, you can instantly make a transfer using the services of the bank. This method is very beneficial, since there is no need to pay interest on the amount for transferring money.
Step 3
If you cannot transfer money to an account in China on your own, then contact special organizations and companies that regularly research the leading payment systems in Europe and the world in search of the most optimal and cheapest way to transfer money to China. Be very careful and carefully check the reputation of this or that company, the services of which you intend to use, as otherwise you can fall into the criminal hands of fraudsters, and your money will disappear without a trace. Carefully research the procedure for transferring money for its legality and benefits for you personally. In case of transferring a large amount of money, consult a lawyer who will make sure that the tax office does not have any unjustified claims against you.
Step 4
The difficulty of remittances to China lies in the fact that the government of this country somewhat restricts the activities of European and American payment systems. Therefore, it often happens that the services of such world famous payment systems as Western Union or Moneygram cannot be used. Choose your money transfer method carefully and then you will be able to preserve the integrity of the funds you transfer.
