Receiving money in China from somebody in the United States is useful if you do not want to carry large amounts of cash or traveler's checks. If you are a student or taking a trip and need some money for your food, bills, sightseeing or any spending needs, there are three easy ways to send less than $10,000--Western Union, via U.S. bank to Bank of China and by check.
Using Western Union to make money transfers is simple and secure. You can send money with an online account, at a store location or by phone. Cash, credit card or debit card are used to place your order for sending the desired amount of money to the receiver in China. If you have Internet access, you can begin the process by going here to the Western Union website.
If you want to complete your transaction by phone using a credit card or debit card you can call 1-800-225-5227.
If you are using an agent location, there are over 345,000 worldwide and can be found in supermarkets, convenience stores, and check cashing services.
For all Western Union services, there are three options for sending times--"Money in Minutes," "Next Day" and "Direct to Bank." Many locations offer all three options, but some service locations have restrictions and you must check on the time frame for availability of funds.
If you want to wire money from your home bank to the Bank of China the receiver will have to have an account with the bank in China. You will need the bank's branch code and the receiver's account number and full name on the account. You should also have the bank's phone number and address. This method of transfer normally takes one week and U.S. banks will charge about one-tenth of a percent of the amount sent.
If time is not an issue, you can mail a check to the person that requires cash. This method normally takes a month. The money can be deposited to the Bank of China account that the receiver has opened. For this type of transaction, the Bank of China will charge one-tenth of a percent for cashing the check and depositing it into one of its accounts.
