Tuesday, November 17, 2015

The easiest way to transfer money from China to the US




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Update: I don't know if I have discovered an easier way to transfer money, but recently I discovered a way to transfer money using Bitcoin. This method is not too difficult (quite geeky though) but it can be very financially beneficial. Worth checking out here: Use Bitcoin to transfer money from China to the US.
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Ever since being in China, I have found that doing anything that involves a bank is frustrating at best. I have been trying to find a way to transfer my money here from China back home to the US. The methods I have heard about to transfer money are:
  1. Go to the bank and have them do some sort of wire transfer. (Not every bank does this)
  2. Do a Western Union wire transfer.
  3. Carry a wad of cash over the border and convert the money once you are outside of China.
I recently discovered a fourth and perhaps simplest method for transferring money.

Here is how:

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