If you need to send money to China then finding the best way to do so can see you save money and avoid unnecessary costs!
You may be sending money to a loved one in Shanghai or maybe you are looking to delve into a business venture in Beijing. Whatever your reasons are, having some thought on what is the best way to send money can ensure you get the most out of your money in China!
For example, you might need to send money to a recipient bank account in the Bank of China there are a few main ways to do so.
Your bank is an obvious first option to send money to China, although it has to be said that it is not the cheapest method to do so. You will be looking at an expensive rate of exchange as well as being charged a bank fee for every transfer you make to China. This could see substantial costs add up if you need to send money regularly.
A money sending bureau is another option that can provide you with the service of sending money to China. Easily accessible and can even give you the ability to send money to a recipient that may not possess a bank account. However, their rates are particularly bad and you will be looking at a damaging 10-15% fee for them to do your transfer! This is not really an ideal option if you want to save money.
Sending money to China doesn’t have to be costly with expensive exchange rates and transfer fees. Using a foreign exchange broker like RationalFX can make your transfers easier and cheaper!
RationalFX are highly experienced at sending money to China and we will offer you a great competitive rate that will beat your bank and money sending bureau, furthermore, will charge you little transfer fees!
RationalFX is FSA authorised and regulated by the HMRC so you know you are safe going through us! With our simple and secure online payments service you can send money to multiple recipients at your convenience and have the ability to monitor and track your payments!
Get started with sending money to China cheaply and quickly! Register now!