If you wish to make a transfer from Great British Pounds to Chinese Yuan RationalFX can process your transfer and make the transaction convenient and inexpensive. We differentiate ourselves from the majority of international money sending agents as we only ever charge low transfer fees to your transaction, and offer competitive exchange rates for Pound to Chinese Yuan conversions.
The Chinese Yuan is the currency of China. The literal meaning of the word Yuan in Chinese is a "round object" or "round coin". Paper notes are issued in 100, 50, 20, 10, 5, 2 and 1 Yuan denominations; 5, 2 and 1 Jiao; and 5, 2 and 1 fen. Coins are issued in1 Yuan; 5, 2 and 1 Jiao; and 5, 2 and 1 fen denominations.
It is wise to consider the alternative ways you can process your GBP to CNY transfer as this could lead you to saving money as well as time.
Although banks and money sending bureaus provide convenient services the benefits of using these money sending agents are outweighed by the costs involved as these services charge substantial transaction fees and offer uncompetitive exchange rates.
Using RationalFX allows you to transfer more Chinese Yuan in the transaction as our exchange rates on Pound to Chinese Yuan conversions are competitive and you will benefit from highly competitive fees.
The online payments system means you can easily make your transfer and make it from a location and time which is convenient. To process your payment you will need to give us the details of the bank account you are crediting the funds to, the SWIFT and IBAN codes of that bank, and your own bank and contact details. We will then make the transfer on your behalf, transferring the funds directly from your bank account.