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You can transfer money to Postal Savings Bank of China accounts in just five simple steps:
Sign up for your free account with RemitBee. It comes with a secure and user-friendly digital wallet system called RemitBee Wallet.
To complete your profile, enter your full name, mailing address, and occupation. Check that your contact information, including your phone number and email address, is up to date.
Enter the recipient's contact information, such as their name and phone number. You will also be asked for the swift code and bank account number of the recipient.
Take a look at the CAD/CNY exchange rate. If everything appears to be in order, enter the amount you intend to send and select a payment method. After that, finish your transaction. Although exchange rates fluctuate frequently, the amounts set for each payment method remain.
Your email address will be used to notify you when the cash transfer is complete. The RemitBee app updates you on the status of your money transfer.
There are many benefits to sending directly to Postal Savings Bank of China with Remitbee. Here’s a quick overview:
You'll need the following information to send a transfer with RemitBee:
Name of the person receiving the transfer as it appears on their bank statement
Mobile phone number and home address of the recipient
Swift code for Postal Savings Bank of China (PSBCCNBJXXX) and the Cnaps code of the receiving branch
The recipient’s account number
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees: