SEND MONEY TO CHINA [IN USD AND CNY]
BFX Money Transfer provides fast, secure and easy money transfers to just about anywhere in China, with convenient delivery options for everyone.
Account Deposits in USD
You can have the money deposited directly into the recipient’s bank account anywhere in the China for personal and business purposes. In order to send USD funds to a Chinese bank account, you will need the 11-character SWIFT code of the beneficiary bank-branch.
Account Deposits in CNY (Chinese Yuan /Renminbi)
You can have the money deposited directly into the bank account of a beneficiary company incorporated in mainland China, for business purposes. For this, you will need the SWIFT code of the beneficiary bank and the bank’s CNAPS number. Business Transfers to China in CNY are permitted for following purposes only.
What is CNAPS ?
China National Advanced Payment System (CNAPS) is an electronic inter-bank clearing system in China for processing Yuan payments. CNAPS number is a 12-digit number used as a clearing code by Chinese banks and is equivalent of a UK sort code.