Wechat wallet

[froztheart]

Mari bank transfer to Alipay is to China id holder accounts only and the fx is better than to WeChat. Can't fathom why.

Probably haven't clear regulations.

 

[HoGnix]

Couldn't transfer from Mari credit card. Able to transfer to WeChat wallet from savings but fx has 0.46% difference.

I can use Mari Saving Account to transfer to my WeChat linked China Bank account previously,(SG Passport opened), not sure now. Recently use DBS, because DBS has it's Remit Promotion for new user ( can do yearly), With that, it beat the Mari Bank FX rate.

 

[yhw22]

I can use Mari Saving Account to transfer to my WeChat linked China Bank account previously,(SG Passport opened), not sure now. Recently use DBS, because DBS has it's Remit Promotion for new user ( can do yearly), With that, it beat the Mari Bank FX rate.

How does DBS remit work? Can share more information.

 

[iamnagel]

Can I transfer the money on my WeChat to another person's wechat?

 

[HoGnix]

How does DBS remit work? Can share more information.

on WeChat, search mini program and set up the “跨境汇款 微汇款”, and set up your wechat receive information first, then use DBS Remit to remit the money to Wechat. see below DBS link for the detail.
https://www.dbs.com.sg/personal/digital-banking/promotion/remit-wechat

 

[hermes76]

so basically, all spending in China (any amount) should be done via WeChat Wallet (backup with Alipay).

The main challenge is to top-up WeChat Wallet with the best exchange rate.

And currently via MariBank overseas transfer is 1 of the best rate around.

All the above correct?

 

[sbl2560]

Couldn't transfer from Mari credit card. Able to transfer to WeChat wallet from savings but fx has 0.46% difference.

Definitely there will be a difference in FX. For CC, Maribank

so basically, all spending in China (any amount) should be done via WeChat Wallet (backup with Alipay).

The main challenge is to top-up WeChat Wallet with the best exchange rate.

And currently via MariBank overseas transfer is 1 of the best rate around.

All the above correct?

Absolutely correct

 

[yhw22]

on WeChat, search mini program and set up the “跨境汇款 微汇款”, and set up your wechat receive information first, then use DBS Remit to remit the money to Wechat. see below DBS link for the detail.
https://www.dbs.com.sg/personal/digital-banking/promotion/remit-wechat

Oh. But the rate like lower than Maribank. i Just check the rate is only RMB5.15 as compared to Maribank RMB5.20.

DBS promo, you referring to this?
Enjoy up to S$60 cashback1 when you make your first overseas transfer with DBS Remit and apply the cashback voucher available on digibank.

• Transfer at least S$300 to enjoy S$12 cashback!
• Transfer at least S$1,500 to enjoy S$60 cashback!

 

[yhw22]

Can I transfer the money on my WeChat to another person's wechat?

Yes. including 红包 too.