How does Alipay transfer money internationally to a US bank account?Overseas transfer process

AlipayCan the money be transferred to an overseas bank?Alipay international remittance to美国bank account method

There is a foreign tradeInternet marketingfriends, triedE-commercePayment tool - Alipay's "international remittance" function.

It's certainly not the most cost-effective, nor the fastest way to get to your account.

But it is very simple, the following is the process of using Alipay international remittance.

Alipay International Remittance Process

Log in to Alipay account:

Computer operation:

• "Service Hall" → "Application Services" → "Transfer to Bank Card" → "Bank Remittance" on the left

Mobile APP:

• Open Alipay, select Add in Services, and search for "International Remittance".
• After the addition is successful, enter the "International Remittance" business and select "Remittance Now" ▼

Fill in the remittance account information in turn, including name, country, address, bank and account number ▼

Countries and banks can choose directly ▼

• When done, click Next.

Fill in the remittance information, including the amount, user and postscript ▼

In order to improve the success rate of Alipay's international remittance, it is recommended to use personal remittance and select "shopping for private travel"▼

After making your selections, click Next.

On the information confirmation page, confirm the remittance account information and remittance amount.

After confirmation, click Confirm Remittance, the payment password window will pop up, fill in the password, and complete the remittance ▼

"Receiving Accounts" lists some common banks:

• You can click select without looking for the SWIFT Code repository.

If you enter the SWIFT code manually, please note:

• The code used for international payment and US domestic payment is different.
• It is best to obtain the "SWIFT Code for international incoming wire" from the bank's customer service department.
• Alipay international remittance uses the channels of Shanghai Bank.
• The U.S. cooperative bank is Citibank, which charges an intermediary bank $8.
• The fee for direct remittance to Citibank is $8.

Please Note

• Alipay must use a Chinese bank card for international remittance.

How do foreigners apply for a bank account in China?Please see the following Alipay teaching▼

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• You cannot bind a US bank card or US credit card.
• Currently, each account can remit up to 2 times a day, with a single limit of 3 yuan.That is, up to 60,000 per day.
• A handling fee of RMB 50 per transaction.

The cheapest way to send money to the US

• In theory, the cheapest way to send money to the US is to use some domestic Chinese bank cards to withdraw money from some ATMs in the US.
• For example, the first three days of withdrawal from Hua Xia Bank card are free, then find a free ATM such as WAWA.
• 0 fees for transfers from China to the US, but the withdrawal limit is very low (10000RMB per day).
• Finding an ATM is very troublesome.
• In addition, the US is generally not suitable for depositing and depositing large amounts of cash, otherwise, it is easy to be suspected of money laundering by banks.

To use Alipay to send money internationally, you don't need to find an ATM in particular.

• It is much more convenient than going to the Bank of China to buy foreign capital.
• If you don't mind a small fee, this is ideal for international money transfers.
• According to ChineseForexManagement stipulates that the annual limit is $5 per person.