Coinepay | How to Send Money to China from Australia: Step-by-Step Guide

Sending money from Australia to mainland China is a common need - supporting family, paying a supplier or settling a bill. With Coinepay Global Remittance you can do this from the self-service dashboard or the mobile app, with the exchange rate and fees shown clearly before you confirm. This guide walks through what you need, the local payout methods you can choose, and how to track your transfer to China from Australia.

Before you start: what the sender needs

To send a transfer you need a Coinepay account with identity verification (KYC) completed. You must use your real identity and your real billing details - every transfer is subject to identity verification, sanctions screening and local regulations, and Coinepay may ask for documents such as the purpose of the payment or the source of funds.

You will also need accurate details for the person or business receiving the money in China. Collect these from the recipient directly before you begin, because a small error can delay or return the payment:

Recipient's full legal name exactly as held by their bank or wallet provider. Name matching matters particularly for China-bound payments.
The payout details for the method you choose (see below).
The recipient's address and the purpose of the transfer may also be requested.

Local currency and receiving details for China

China's local currency is the renminbi, also called the yuan, with the currency code CNY. Money sent from Australia is commonly funded in Australian dollars (AUD) and paid out in CNY. Coinepay supports multi-currency transfers, and the amount, rate and fees are displayed before you confirm.

One point specific to China: mainland China has no national IBAN format in the SWIFT registry. Do not invent or substitute an IBAN - use the recipient's actual bank account number. Likewise, codes used in other countries (such as IFSC, CLABE, US routing numbers or Australian BSBs) are not used on the Chinese receiving account. Always use exactly the details the receiving bank provides.

Payout methods you can choose

Coinepay supports bank account deposit, mobile wallets and cash pickup. Which options are available for a given transfer depends on the recipient and the route, so confirm the method with your recipient before collecting their details.

Bank account deposit

For a deposit into a Chinese bank account, you will generally need:

The recipient's name exactly as held by the bank.
Their bank account number (not an IBAN).
The receiving bank name and the relevant branch details.
For an international wire, the receiving bank's SWIFT/BIC code. Large banks such as Bank of China publish different SWIFT codes for different mainland branches, so confirm the exact code with the recipient's branch.

Some routes may also request a CNAPS code - a Chinese bank-clearing identifier - or intermediary-bank details. Whether these are required depends on the route; the app will tell you which fields to complete.

Mobile wallets

China's main wallets are Alipay and Weixin/WeChat Pay. Wallet payouts use different identifiers than bank deposits: typically the recipient's phone number or email registered with the wallet. The name on the wallet should match the recipient's legal name. Coinepay also supports other local wallets in its global network (for example UPI, GCash, Maya, M-Pesa, bKash, JazzCash and GoPay in other countries), but for China the relevant options are the local wallets shown at checkout.

Cash pickup

Where cash pickup is offered for China, the recipient collects the funds using identification that matches the name on the transfer. Make sure the name you enter is spelled exactly as it appears on the recipient's ID, or the payout location may refuse to release the money.

Step by step: sending the transfer

Sign in and start a transfer. Open the Coinepay app or dashboard and choose to send money. If you have not registered yet, you can create an account and complete verification first.
Choose the destination and currency. Select China as the destination and set your send currency (commonly AUD) and the payout currency (CNY).
Select a payout method. Pick bank deposit, a mobile wallet or cash pickup, then enter the details that method requires.
Enter the recipient's details. Type the full legal name and payout details exactly as provided. Double-check every digit of the account number and every character of the name.
Review the exchange rate and fees. Coinepay shows the rate, the fees and the amount the recipient will receive before you confirm. Review this screen carefully.
Confirm the transfer. Once you are satisfied, confirm. You may be asked for the purpose of the payment or supporting documents as part of compliance checks.
Track the status. Every transfer has status tracking in the app, so you can follow it from submitted through to delivered.

Recipient-side considerations in China

A few general points help avoid surprises on the recipient's end. First-time bank recipients may need to validate their identity and the transfer purpose before the deposit is released. For cross-border receipts, Chinese banks collect and report basic transaction information, and certain conversions into yuan may require the recipient to provide supporting documents depending on local rules. These are standard local requirements - encourage your recipient to respond promptly to any request from their bank or wallet provider so the funds are not held up.

Troubleshooting: delays, reviews and returns

Wrong or incomplete recipient details

Incorrect names, account numbers, bank identifiers or addresses are the most common cause of investigation, delay or return. If you spot an error after submitting, contact Coinepay support as soon as possible. If a transfer is returned, it will generally come back once the funds are confirmed received - the rate applied on return may differ from the original.

Compliance review

Transfers can be paused while Coinepay completes identity verification, sanctions screening or reviews the purpose and source of funds. Provide any requested documents quickly and accurately to help the review conclude. Never split a transfer, use a third party or take any step intended to avoid these checks.

Wallet or pickup not completed in time

For wallet payouts, the recipient may need to complete wallet verification or card linking within a set window; if they do not, the transfer can be cancelled and the funds returned. Make sure your recipient is ready to receive and has a verified wallet before you send.

General delays

Processing hours, time-zone differences, intermediary banks, regulatory checks and a receiving bank's inability to accept a particular payout can all affect timing. Check the status in your Coinepay dashboard first; if it is stuck or you have questions, reach out through support.

Important: where Coinepay can and cannot send

Coinepay sends to every country and region except those under comprehensive sanctions (such as Cuba, Iran, North Korea, Syria and the occupied regions of Ukraine), and does not serve sanctioned persons. Mainland China is supported. Note that virtual-asset-related services are not available to residents of mainland China, and some services are not available in every jurisdiction. You can manage everything from the Coinepay dashboard or the mobile app for iOS and Android.

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FAQ

What details do I need to send money to a bank account in China?

You need the recipient's name exactly as held by their bank, their actual bank account number (China has no IBAN), the receiving bank name and branch, and for an international wire the bank's SWIFT/BIC code. Some routes may also ask for a CNAPS code. Enter only what the app requests for your chosen route.

Can I send to Alipay or WeChat Pay in China with Coinepay?

Coinepay supports mobile wallet payouts, and China's main wallets are Alipay and Weixin/WeChat Pay. Wallet payouts use the recipient's registered phone number or email rather than a bank account number. Availability depends on the recipient and route, so confirm the option shown at checkout and make sure the recipient's wallet is verified.

How much does it cost and what exchange rate will I get?

Coinepay shows the exchange rate, the fees and the amount your recipient will receive before you confirm the transfer. Review that screen in the app each time, since rates and fees are displayed per transfer.

Why is my transfer to China taking longer than expected?

Common causes include incorrect recipient details, a first-time recipient needing to validate their identity or transfer purpose, a compliance review, time-zone and processing-hour differences, or intermediary banks. Check the status in your dashboard and contact Coinepay support if it appears stuck.

Will the recipient in China need to provide any documents?

Possibly. Chinese banks collect and report basic transaction information, and first-time recipients or certain conversions into yuan may require identity validation or supporting documents under local rules. Ask your recipient to respond promptly to any request from their bank or wallet provider.

How to Send Money to China from Australia: Step-by-Step Guide