What's the best way to send money to/from China?

Discussion in 'Payment Processing' started by dinosaur, Jun 20, 2007.

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  1. #1
    What's the best way to send money and receive money to china?

    Paypal? Someone told me that the paypal systems are separated and one can only send money to Chinese banks, which charges a sizable fee. Could someone clarify on this?

    Ikubo charges $8 for $100, and 12.5 for $250. Since most of my transactions are probably lower than $100, it doen't seem like the best solution.

    Does anyone else know some alternatives? Thanks in advance.

    Ren
     
    dinosaur, Jun 20, 2007 IP
  2. inworx

    inworx Peon

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    #2
    2CheckOut? e-gold? Moneybookers...besides PayPal.
     
    inworx, Jun 20, 2007 IP
  3. ringtonegeezer

    ringtonegeezer Peon

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    #3
    Moneygram if you know the persons well or legit business
     
    ringtonegeezer, Jun 21, 2007 IP
  4. priyakochin

    priyakochin Banned

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    #4
    Hope xoom can do better
     
    priyakochin, Jun 21, 2007 IP
  5. mgrohan

    mgrohan Active Member

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    #5
    Open a bank account with 'Bank of China' to T/T money into China, or Western Union.
    Open Paypal Int'l Account to pay out of China
     
    mgrohan, Jun 23, 2007 IP