Send money to China from Australia

Because their costs are lower no shops or agents to pay they will generally be cheaper — offering better exchange rates and cheaper fees than a bank or High street based money sender. To send money online is very simple and safe, you only have to create an account to get a live quote and make a payment by credit or debit card, or in some cases pay via cash voucher or local bank transfer.

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It is very important to know that there are a number of restrictions relating to receiving money in China. Before making a transfer, always check with your recipient in China the currency in which he or she is allowed to accept transfers.

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For more information about restrictions in China. You should look for a service that offers a competitive exchange rate because the exchange rate will affect the final amount of money received by your recipient. Also note that, generally, sending larger quantities gives you a better exchange rate.

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All money transfers operators generate revenue on money transfers. In most cases, this fee is a fixed amount as well as a profit margin on the exchange rate. You should know that sometimes there are additional costs associated with the type of payment method you use.

But if you use a UK debit card as payment method, you can avoid these additional costs. However, the best way to send money to China is the payment by local bank transfer. Make sure your supplier has that option available in your local country. Before sending money, you need to think about how you want your recipient receives it in China.

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