Revolut Partners with Ant International for Alipay Transfers to China
Fintech firm Revolut has teamed up with Ant International, allowing its customers worldwide to send money to China via Alipay. This new partnership enables Revolut users to transfer Chinese Yuan directly to a recipient’s Alipay ID.
Fee Structure and How to Send
Revolut offers a tiered fee system for this service:
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Standard customers will incur a 0.15% fee, with a minimum charge of S$5.9.
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Premium customers pay a slightly lower 0.12% fee, with a minimum of S$4.72.
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Metal customers can enjoy fee-free transfers.
To initiate a transfer, Revolut users simply select the “Send International” option in the app, choose mainland China as the destination, enter the transfer amount, select Alipay as the method, and then provide the recipient’s Alipay account ID and other necessary details.
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