A Chinese online money transfer platform was launched by Xendpay

How do Chinese people living abroad send money back home to China? In the last few years, the majority of the people sending money back home to China send the money through the Bank of China, or by doing a bank draft. Recently, RationalFX have launched a new online money transfer platform - Xendpay, which provides customers with competitive exchange rates when they send money back to China, Hong Kong, Taiwan and other countries and regions.

Xendpay is a worldwide online money transfer platform, which now provides versions of it’s site in both simplified and traditional Chinese. Customers of Xendpay will be able to send money 24/7 to bank accounts in mainland China, Hong Kong, and Taiwan, from the UK and EU. Xendpay have over 100 bank accounts worldwide. The minimum transfer amount is GBP100 or EUR120 and you can do a bank transfer, or use credit or debit card to send their payment to any of the Xendpay accounts.  Normally, it will take 1-3 working days to complete the money transfer, depending on when the customer completes the online payment and the processing speed of the recipient's bank. Currently, customers can transfer HKD, USD, GBP, EUR, SGD, TWD, AUD, and CNY back home through Xendpay. 

RationalFX also provides foreign currency exchange, overseas property and mortgage payment advice. If you just want to send money back home, pay your children’s tuition fees, or even want to invest in a property overseas, why not contact RationalFX to acquire professional advice now. 

Established in 2005, RationalFX are authorised by a UK Government Agency (the Financial Conduct Authority) and are registered at HRMC (MSB: No 12206957) as a payments Institution. RationalFX has transferred well over £1.25 Billion worldwide and are one of the world’s fastest growing privately owned Financial Services businesses. 

If you want to know more about Xendpay, please visit www.xendpay.com.