How to get some money from China / HK?

[CyprusLawyer101]

Draw up a simple agreement for the work carried out or issue an invoice corresponding to the same. Recieve the payment into your bank account . If you have any questions from the bank show them the doc.

 

[daniels27]

It is just tax fraud at its best. If you get money for a favour from a friend, it is salary.

Anyway. You can use the WeChat QR code in many supermarkts and retail locations to make payments. Or you add his credit card onto your Google/Apple pay and spend his money that way.

 

[Alex Braun]

Hello everyone,
I have a question for you, which may seem easy to answer...

I have a Chinese friend who I helped with his work. He wants to pay me for this (we're talking about €5,000). However, there is no employment contract, nothing. So it's simply impossible to pay this into my bank account.

Is there any other easy way for him to send me the money? He was thinking of transferring it to my credit card but I find the system a bit strange.
How would you go about this?

If it's important, i am from germany.
Thank you!

Crypto is the way
Card payments are the way to pay via paylinks
Good ol' p2p
It all depends on how much you're willing to 'pay' for that

 

[meze99]

24 September 2021 - China declares all crypto-currency transactions illegal
"Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning it "seriously endangers the safety of people's assets".

Visa Direct or Mastercard MoneySend is the easiest option for such amounts if your Chinese friend has a bank app that supports it. Usually the transfer fee is 1%. You will receive it next day or even instantly on your debit card.
2500 USD Per Transaction, 5000 USD Daily Limit.

 

[daniels27]

24 September 2021 - China declares all crypto-currency transactions illegal
"Virtual currency-related business activities are illegal financial activities," the People's Bank of China said, warning it "seriously endangers the safety of people's assets".

Yes, and why? Because China has capital controls and there were too many Chinese taking money out of China.

Visa Direct or Mastercard MoneySend is the easiest option for such amounts if your Chinese friend has a bank app that supports it. Usually the transfer fee is 1%. You will receive it next day or even instantly on your debit card.
2500 USD Per Transaction, 5000 USD Daily Limit.

Is this even available in China? IMO this functionality is only available in a very limited number of countries.

 

[cryptofriendly]

Yes, and why? Because China has capital controls and there were too many Chinese taking money out of China.


Is this even available in China? IMO this functionality is only available in a very limited number of countries.

I don't think Visa direct is available in China, for sure they have some alternatives from UnionPay.

AFAIK Visa direct (credit card 2 credit card transfer) is available in these countries:

• Southeast Asia: Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam.
• Europe: Finland, Georgia, Greece, Hungary, Iceland, Netherlands, Poland, Portugal, Romania, Spain, Sweden, Ukraine.
• Africa: Ghana, Kenya, Morocco, Senegal, South Africa, Zambia.
• Middle East: Kuwait, Lebanon, Oman, Saudi Arabia, UAE, Yemen.
• Other Regions: South Korea, Sri Lanka, Turkey, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan.

To the OP: Just get an own crypto wallet address and ask your Chinese friend to transfer USDT or BTC. Or even a pre-paid CC.