Complete Guide to Remittance to China: Mobile Wallet, Bank Deposit, and UnionPay

Remittance to China: What is required?

To send money to China, Korean nationals need a National ID card or Driver's License, while foreign nationals need an Alien Registration Card or Passport for identity verification. On the Hanpass app, you can complete non-face-to-face mobile registration using these documents to get started without visiting a bank.

Depending on the payout method, an Alipay/WeChat wallet account, an accurate bank account number, or a UnionPay card number is required. Top-up funds can be loaded via bank transfer, convenience store payment, or mobile payment.

3 Receiving Methods: Which one to choose?

You can choose among mobile wallet, bank account deposit, or UnionPay card transfer depending on which method is most convenient for the recipient in China.

Partnered officially with Alipay and WeChat—widely used financial apps in China—sending money directly to a recipient's mobile wallet is exceptionally convenient. Alternatively, you can deposit into major specified bank accounts or transfer indirectly to account balances via UnionPay card numbers.

Mobile Wallet	Funds are deposited into wallets instantly by scanning the recipient's QR code or directly entering recipient details. Transfer fees are waived when sending via Alipay or WeChat.
Bank Account Deposit	Simply select the receiving bank and input recipient details to complete the remittance effortlessly. Bank transfers also enjoy zero transfer fees.
UnionPay Card Transfer	Money can be transferred using a UnionPay card number, which gets credited directly to the local bank account linked to that card.

Zero Transfer Fee Benefit for Mobile Wallet & Bank Transfers

Hanpass is officially partnered with Alipay and WeChat—the most popular platforms in China—ensuring fast and secure transfers.

A major highlight is the $0 transfer fee policy depending on the receiving method. Transfer fees are free when sending to mobile wallets or bank accounts, and pre-funding processing ensures no intermediary bank fees are deducted.

4 Steps for Money Transfer

China remittances on the Hanpass app follow 4 steps: Registration & Identity Verification, Recipient Details, Amount Entry, and Payment & Confirmation. Non-face-to-face registration allows Koreans with a National ID/Driver's License and foreigners with a Passport/ARC to begin without visiting a bank.

In the Recipient Details step, choose the payout method among Mobile Wallet, Bank Account Deposit, or UnionPay first. Accurately enter the registered phone number, payout info, or bank account details according to the chosen option.

1. 1. Install the Hanpass app and complete non-face-to-face membership registration using an ID.
2. 2. Select China as the destination country and pick a receiving method (Mobile Wallet, Bank Account, UnionPay, etc.).
3. 3. Carefully enter the wallet account, receiving bank details, or card number based on the selected method.
4. 4. Enter the amount, check total costs, free fee benefits, and applicable exchange rates, then complete the transfer.

When you input the remittance amount, exchange rates and transfer fees are pre-displayed in the app. Top up using bank transfer, convenience store payment, or mobile micro-payment, confirm the displayed details, and proceed.

Hanpass relies on a pre-funding system that avoids intermediary banks. While average arrival takes within 3 minutes, actual arrival times may vary depending on payout methods and local conditions.

Fees and Limits

The limit for transfers without supporting documentation is USD 100,000 per year across all financial institutions (for Korean nationals), based on Foreign Exchange Transactions Regulations effective January 2026.

Recipients receive Chinese Yuan (CNY). You can review real-time CNY exchange rates and total costs reflecting zero-fee benefits (for wallet/account transfers) on the app screen right before sending.

Final Checklist Before Transferring

Carefully verify the recipient's name, bank info, mobile wallet account details, or UnionPay card number once more before confirming the remittance.

It is recommended to check the applied exchange rate, fees, and expected payout amount shown on the app before making the transfer. Arrival times may vary based on the receiving option and local circumstances.

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