1. Advertising
    y u no do it?

    Advertising (learn more)

    Advertise virtually anything here, with CPM banner ads, CPM email ads and CPC contextual links. You can target relevant areas of the site and show ads based on geographical location of the user if you wish.

    Starts at just $1 per CPM or $0.10 per CPC.

Transferring $642 to China - Fastest & Reliable Mode of Payment?

Discussion in 'Payment Processing' started by Radz, Jul 8, 2012.

  1. #1
    Hi
    SEMrush
    I need to Transfer 642 US$ to China, What is the fastest and Reliable Method in terms of Time/Fee?

    1) Western Union
    2) Money Gram
    3) Bank Transfer (TT)
    4) PayPal

    I have used Western Union in past, its reliable but Fees are higher, probably will be trying MoneyGram or TT this time.. Bank Tasnfer (TT) might take huge fees & time in processing TT, I'll probably avoid it.

    Kindly suggest Payment processor with fastest processing time & Estimate Fees.

    Thanks
     
    Radz, Jul 8, 2012 IP
    SEMrush
  2. iamgabkwong

    iamgabkwong Banned

    Messages:
    12
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #2
    Paypal of course.
     
    iamgabkwong, Jul 8, 2012 IP
  3. dom19

    dom19 Active Member

    Messages:
    344
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    53
    #3
    Paypal +1, it will be fast, and low transfer fee.
     
    dom19, Jul 9, 2012 IP
  4. Xch4ng3

    Xch4ng3 Member

    Messages:
    62
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    25
    #4
    Don't use PayPal.
    Use WU - the fees are worth it.
     
    Xch4ng3, Jul 9, 2012 IP
  5. Radz

    Radz Notable Member

    Messages:
    1,495
    Likes Received:
    304
    Best Answers:
    0
    Trophy Points:
    280
    #5
    Thanks guys, The person i was sending money is Trusted so I have bypassed PayPal and used Western Union, Fees were high but worth it.. No headache Simple Transfer :p
     
    Radz, Jul 10, 2012 IP
  6. Dan321

    Dan321 Well-Known Member

    Messages:
    343
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    120
    #6
    I've heard western union is used by a lot of scammers, but if the person you are sending money to is trusted shouldn't be a problem.

    I would have used paypal personally.
     
    Dan321, Jul 10, 2012 IP
  7. lifeplayer

    lifeplayer Notable Member

    Messages:
    15,612
    Likes Received:
    475
    Best Answers:
    0
    Trophy Points:
    265
    #7
    I used to deal with some company from China and most of the time i use paypal. I use WU if only the amount is greater than 2,000
     
    lifeplayer, Jul 10, 2012 IP
  8. INDIAN123

    INDIAN123 Active Member

    Messages:
    701
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    60
    #8
    u have to use paypal for this
     
    INDIAN123, Jul 19, 2012 IP
  9. zappak

    zappak Active Member

    Messages:
    366
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    80
    #9
    money gram have less fees then paypal.
    4.4% + .30$ for 750$ = 33.30$
    and moneygram have = 4.4$
    westurn union have also less..

    and I love their conversion rates :) they are paying on market rates. and paypal paying less then market rates..
     
    zappak, Jan 27, 2014 IP
  10. John Eulizer Nimo

    John Eulizer Nimo Active Member

    Messages:
    111
    Likes Received:
    10
    Best Answers:
    0
    Trophy Points:
    53
    #10
    You have to measure the time it takes for the transfer to be completed and the fees. Personally, I'd go with WU. I don't wanna recommend Paypal because of the crappy system they have now. (It's even crappier now compared to when I was still working as an associate for their mother company)
     
    John Eulizer Nimo, Jan 27, 2014 IP
  11. ash1ey82

    ash1ey82 Active Member

    Messages:
    589
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    88
    #11
    I would go with PayPal as I use it for everything, but I do not know its functionalities in China.
     
    ash1ey82, Feb 2, 2014 IP
  12. karlster

    karlster Greenhorn

    Messages:
    26
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    13
    #12
    I would highly recommend Paypal. It is by far the safest way to make a payment online, especially that you are sending the money out of the country.
     
    karlster, Feb 3, 2014 IP
  13. seofriend

    seofriend Well-Known Member

    Messages:
    148
    Likes Received:
    8
    Best Answers:
    1
    Trophy Points:
    190
    #13
    sending $642.00 USD to China Using Paypal would cost $25.34 USD and the recipient will receive $616.66 USD source :PayPal Fee Calculator

    And it may put a hold on the funds if the recipient's PayPal account is new.

    But with all that said, I'd still recommend using PayPal specially if you are sending money and you gonna get something in return.
     
    seofriend, Feb 4, 2014 IP
  14. razashah

    razashah Well-Known Member

    Messages:
    386
    Likes Received:
    8
    Best Answers:
    0
    Trophy Points:
    145
    #14
    1) Western Union
    This is what i will prefer, instant payment transfer to person only you need to visit there office to send the payment to person, much better, paypal is also good but both of you must have paypal to instant transfer money....
     
    razashah, Feb 7, 2014 IP
  15. ash1ey82

    ash1ey82 Active Member

    Messages:
    589
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    88
    #15
    The limitation would only occur if the person doesn't receive that large amount of funds often. It doesn't matter if it is new too often. If it is a couple days old and the guy gets a couple hundred dollars worth of transactions daily then he'llbe fine.
     
    ash1ey82, Feb 9, 2014 IP
  16. Radz

    Radz Notable Member

    Messages:
    1,495
    Likes Received:
    304
    Best Answers:
    0
    Trophy Points:
    280
    #16
    Wow it has been over 2 years and people are still replying :D In meantime i has send Payments to china multiple times. Used Bank Transfer once, it was cheapest way (30$ processing fee on 2000$)

    Will be transferring 4500$ to China next month. I will prefer Bank Transfer :)

    Thanks everyone for suggestions
     
    Radz, Feb 21, 2014 IP