Due to jurisdictional reasons, you will often receive dirty money when you use domestic cards to withdraw funds, and WeChat and Alipay are no exception. Generally, you will receive more money by selling virtual currencies, but there is almost no risk when buying.
If you have an overseas account, it is basically very convenient to use an ATM card to spend locally. Here I will share a few accounts that are used by many people in the currency circle and can be opened directly in China.
1:wise is a platform that provides international remittance and transfer services. You can withdraw your PayPal balance to wise and then withdraw it to your bank card through wise. Wise will provide you with 5 bank accounts, including US dollars, New Zealand dollars, Euros, Australian dollars and British pounds, including support for remittance of RMB back to the country. Domestic thresholds only require a passport to open, it is very simple.
2: ifast bank is a British digital bank that supports domestic opening. The account opening documents only require ID card/passport + proof of address, and you need to record a video. Before, you had to have a video call with customer service, but now you can record a video. , to reduce the fear of opening due to social fear, and at the same time, it supports receiving funds after exchange from the exchange. It is very friendly to cryptocurrencies. When ifast recharges and transfers to wise, it is all in my own account, which is very safe.
Three: Dupay or other platforms or cards that provide virtual cards or personal iban are convenient for depositing money into wise.
