海外送金
Cross-border Remittance

MoneyExpress is a cross-border remittance service that has been launched in 45 countries and regions including the US, Japan, Singapore, Australia, the UK, Russia.20 cooperating institutions are included. Banks like CIBC,Kookmin Bank and specialized institutions like MoneyGram, and Transferwise. Through these institutions’ offline outlets, official websites, and mobile APP, costoms outside Mainland China can easily make cross-border remittance to UnionPay cards issued by 20 banks in China, including ICBC, BOC, China Construction Bank, Agricultural Bank of China, Bank of Communications, China Everbright Bank, and Hua Xia Bank. UnionPay cardholders in Mainland China can get remittance in RMB and then can make purchases or withdraw cash, and they do not have to handle the payment of remittance and foreign exchange settlement.


Different from the traditional cross-border telegraphic transfer, MoneyExpress settles the exchange rate in advance and deposit the remittance into the remittee’s UnionPay account in RMB. Therefore, the payee does not need to handle the payment of remittance or pay the bank service fee; she/he can use the money directly. In general, the remittance is deposited into the payee’s account in real time or within 12 hours.

 

Sending institutions that support this service are as follows:



Institution

Region

Service channels

MoneyGram

The UK, Korea, Australia and other countries and regions. (For details, please refer to MoneyGram’s public notice.)

  1.Official websites

2.Offline outlets (including branch  outlets and other  cooperative outlets)

Transferwise

Countries and regions including the UK and France. (For details, please refer to Transferwise’s public notice.)

  1.Official websites

Canadian Imperial Bank of Commerce

Canada

  1.Official websites

  2.Mobile App

  3.ATM

  4.Branch outlets

QIWI Bank

Russia

  1.Mobile APP

Golden Crown

  2.Official websites

Credit Ural Bank

  Offline outlets

  Branch outlets

VTB

  1.Official websites

  2.Mobile APP

Mifinity

The UK

  1.Official websites

PaySend

  2.Mobile APP

KB Card

South Korea

  Mobile APP

Kookmin Bank

  Branch outlets

Woori Bank

Tranglo

Malaysia

  1.Official websites

  2.Mobile APP

WING

Cambodia

  Mobile App

Geoswift

Hong Kong SAR

  Official websites

Bank of China (Hong Kong)Limited

  Mobile APP

 Aleta Planet  Pte. Ltd.

Singapore

  Mobile APP

ABC Bank

Mauritius

  1.Official websites

  2.Mobile APP

Rawbank

The Democratic Republic of the Congo

  1.Official websites

  2.Mobile APP

SBI

Japan

  Mobile APP

CB International Bank

Puerto Rico

  1.Official websites

  2.Mobile APP

Russian Standard Bank

Russia

  Official websites

BPRemit

UK

  Official websites


Domestic receiving institutions of Mainland China that support MoneyExpress are as follows: 


Issuers

Debit card

Credit card

Industrial and Commercial Bank of China Limited

Bank of China

China Construction Bank

×

Agriculture Bank of China

×

Bank of Communications

×

China Everbright Bank

×

Hua Xia Bank

×

Harbin Bank

×

Bank of Shanghai

×

Fujian Rural Credit Cooperative

×

Linshang Bank

×

Hunan Rural Credit Cooperative

×

Qinghai Rural Credit Cooperative

×

Guangdong Rural Credit Cooperative

×

Henan Rural Credit Cooperative

×

Bank of Inner Mongolia

×

Zhejiang Rural Credit Cooperative

×

Wuhan Rural Commercial Bank

×

Shanxi Rural Credit Union

×

Bank of Hainan

×

Guangxi Beibu Gulf Bank

×