Sending Money to Relatives in China

[LBeachey 45]

As these things change all the time, does anyone have a best way to get small sums of money to China on a monthly basis.  I am thinking around $500.

 

My wife is in China right now and she is withdrawing money from her BofA US account from China Construction Bank ATM. We are getting charged 3% on each transaction.   At one point it was free but I called BofA and they said the 3% is standard though they are waiving an ATM fee.  Normally, she leaves her ATM card with a relative who can continue to withdraw the money.

 

We are going to need to send about $500 a month once she gets back.

 

Does anyone have a method that would be cheaper?

 

Thanks in advance.

[POA 178]

You can use https://www.xoom.com/china/send-money.

 

I used xoom to send money to the Philippines. They have it available in China. 

[Cyberfx1024 7,980]

14 minutes ago, LBeachey said:

As these things change all the time, does anyone have a best way to get small sums of money to China on a monthly basis.  I am thinking around $500.

 

My wife is in China right now and she is withdrawing money from her BofA US account from China Construction Bank ATM. We are getting charged 3% on each transaction.   At one point it was free but I called BofA and they said the 3% is standard though they are waiving an ATM fee.  Normally, she leaves her ATM card with a relative who can continue to withdraw the money.

 

We are going to need to send about $500 a month once she gets back.

 

Does anyone have a method that would be cheaper?

 

Thanks in advance.

I second Xoom as well. It is fast and easy, and 100% all online. There is also WU but to send money online they charge a buttload in fees unlike in person. 

[Hana heem 0]

You can send Money to China via Western Union. You can send $400 a day without any fees. The exchange rate is lower than official rate.