How to Send Money to Bank of China Accounts from Abroad: A Complete Guide

Transferring money from overseas to a Bank of China account can be complex, with different requirements, high fees, and long processing times. Whether you're supporting family, paying for tuition, or handling business transactions, finding an efficient, affordable, and secure way to send money is crucial.  

This guide will walk you through how to send money from abroad to Bank of China, what documents are required, and why Panda Remit is a smarter alternative to traditional bank transfers.  

1. How to Send Money from Overseas to Bank of China

There are several ways to transfer money internationally to it:  

(1) Traditional Bank Wire Transfers 
Many people use SWIFT wire transfers through their local bank to send money to a Bank of China account. While reliable, this method comes with drawbacks:  

✅ Secure and widely accepted  
❌ High fees ($30–$50 per transfer, plus intermediary fees)  
❌ Poor exchange rates  
❌ Slow processing time (3–5 business days)  

(2) International Money Transfer Services (Like Panda Remit)
A more efficient option is using online remittance platforms like Panda Remit, which are designed for fast, low-cost international transfers.  
✅ Lower fees or even zero fees for certain transactions  
✅ Competitive exchange rates  
✅ Faster processing times (often within minutes)  
✅ No hidden intermediary bank fees  

(3) PayPal or Western Union
Some people choose PayPal or Western Union, but these services tend to charge high conversion fees and poor exchange rates compared to specialized remittance providers.  

2. What You Need to Transfer Money to a Bank of China Account  

If you're sending money to a Bank of China account from abroad, you typically need:  

✅ Recipient’s Full Name (exactly as registered with the bank)  
✅ Recipient’s Bank Account Number
✅ Bank Name & Branch Details
✅ SWIFT Code of Bank of China (e.g., BKCHCNBJ for Bank of China headquarters)  
✅ Reason for Transfer (some banks may require additional information for compliance)  

💡 Pro Tip: With Panda Remit, you don’t need to worry about complicated bank details. Just enter the recipient’s bank info, and the system takes care of the rest—no hidden fees, no delays!  

3. Why Choose Panda Remit Over Traditional Bank Transfers?  

Compared to banks, PandaRemit is a faster, cheaper, and more user-friendly way to send money to China.  

✅ Lower Fees
Traditional banks charge $30–$50 per transfer, while PandaRemit offers zero fees for first-time users and lower ongoing fees than most banks.  

✅ Better Exchange Rates
Banks often mark up exchange rates, meaning you get less money on the receiving end. PandaRemit offers near mid-market exchange rates, so you get more value for every dollar sent.  

✅ Faster Transfers
Bank transfers take 3–5 days, while PandaRemit processes transactions within minutes—ensuring your money arrives quickly.  

✅ No Hidden Charges
Some banks charge intermediary fees, meaning the amount sent is not the amount received. With PandaRemit, there are no hidden deductions—your recipient gets exactly what you send.

4. How to Send Money to Bank of China with PandaRemit

Sending money with PandaRemit is simple:  

1️⃣ Sign up for a free account on [PandaRemit](https://www.pandaremit.com/)  
2️⃣ Enter recipient details 
3️⃣ Choose your payment method (bank transfer, debit/credit card, etc.)  
4️⃣ Confirm & send—your money will arrive in minutes!  

Conclusion: Save Time & Money with PandaRemit
If you’re looking for the best way to send money from abroad to a Bank of China account, skip the long wait times and high fees of traditional banks. PandaRemit offers faster transfers, lower costs, and better exchange rates—making international remittances easier than ever. 

Sign up today and enjoy your first transfer with zero fees!
WEBSITE: https://www.pandaremit.com
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