Q4 2024 Mission Update: Speed
At Wise, we’re committed to giving you the best experience when sending money across borders. That’s why we’re always working to make your transfers instant....
Send Chinese yuan instantly to Weixin users (card & wallets)
Our current link up with Weixin (微信) now gives Wise customers a way to send and receive Chinese yuan instantly with Weixin wallet. While there is still a need for your recipient to assign a bank card to their Weixin account, they can now choose to receive Chinese Yuan to their Weixin wallet instead. And as always, your money will be sent with the real exchange rate — like the one you see on Google.
Note: Weixin is the equivalent of WeChat, for mainland Chinese users.
How do I send CNY to Weixin users?
- Log in to Wise and set up a transfer to CNY.
- Select Weixin, then tell us who you’re sending money to by entering your recipient’s name and Weixin ID (email or phone number registered with Weixin).
- Tell us why you are sending the money and confirm your details.
- Pay for your transfer.
- Tell your recipient to look out for SMS text message from Weixin that contains a unique URL to receive the transfer.
Note: you can only send to Chinese citizens registered with a Chinese Mainland Resident Identity Card on Weixin.
How can my recipient send me their receipt card?
If you are adding a new Weixin recipient, your recipient may retrieve their info from Weixin App to be shared with you.
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On the App, search for “微汇款” (Micro Remittance)
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Select “全球收款” (Global Transfer).
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Your recipient may then create a Receipt Card that can be shared with you.
What currencies can I send from?
You can send money from a personal Wise account from the following 21 currencies supported by Wise: AUD, BGN, BRL, CAD, CHF, CZK, DKK, EUR, GBP, HRK, HUF, IDR, JPY, MYR, NOK, NZD, PLN, RON, SEK, SGD and USD. Sending to and from business accounts are currently not supported.
How does my recipient receive the transfer?
Once you set up and paid for your transfer, your recipient should receive a SMS text message from Weixin that contains an unique URL to receive the transfer.
After clicking on the URL, this will open up the Weixin app.
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On the app, complete real name and phone number authentication.
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Bind the bank card to the wallet and select the receiving method. Take note that card binding is a mandatory process (first time recipient).
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Fill in personal information and sign the service agreement.
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Once completed, your recipient can track the status of the transfer on their Weixin app.
Who can I send CNY to via Weixin?
Anyone can receive money via Weixin if they’re a Chinese citizen and have a Weixin app. However you can only send to individual recipients and not businesses. Your money will arrive in either your recipient’s Weixin wallet or the bank linked to their Weixin ID within seconds, depending on the receiving method they selected on Alipay. They have to receive the money within 48 hours of it being sent.
How much can I send?
Each transaction’s capped at 50,000 CNY, with an annual limit of 500,000 CNY.
How much does it cost to send money to China?
The following costs are the estimated transfer fees when sending 5,000 CNY to China with bank debit (ACH) as payment method for USD and bank transfer as payment method for the rest. Total fees consist of upfront transfer fee and pay-in fees dependent on your pay-in method.
| Send from | Fees |
|---|---|
| USD | USD 11.86 |
| GBP | GBP 6.63 |
| EUR | EUR 10.40 |
| MYR | 41.27 MYR |
| AUD | AUD 12.109 |
Actual total fees may vary depending on the method you choose to pay for your transfer. Bank transfer is a free pay-in method and it may take some time for your money to reach Wise, depending on your bank.
If you need to make an urgent transfer, you can pay with debit or credit card, with a fee. As soon as we receive your money, we’ll pay out to your Alipay recipient instantly.
For our latest pricing, visit our fees calculator.
Besides Weixin, we also support sending to Unionpay cards and Alipay recipients. You can learn more about these here.
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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