Send money from the Netherlands to China
Every month, Dutch households and businesses move EUR into yuan for someone in Guangzhou. European businesses pay Chinese suppliers and contractors, and Chinese students in Europe receive support from home. Grey quotes the rate, fixes it, and pays the bank directly.
EUR
CNY
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Getting CNY to China from the Netherlands
Seen from Amsterdam. European businesses pay Chinese suppliers and contractors, and Chinese students in Europe receive support from home. Most banks in the Netherlands either won't quote CNY or route it through a second currency, adding a spread nobody discloses.
Grey quotes EUR to CNY directly for senders in Amsterdam and Rotterdam. The CNY lands at ICBC, Bank of China, China Construction Bank, Agricultural Bank of China or any Chinese bank as a domestic deposit. Nothing to install on the receiving side.
How sending to China works

Sign up
Grey asks for a passport or residence permit and nothing else to open. Add Guangzhou as a destination straight after. Grey works with regulated partners in the EU.
Fund
Any EUR top-up works: SEPA or iDEAL transfer from any Dutch bank. Regular senders to Guangzhou usually keep a small balance ready.
Send
For China, enter the beneficiary's name exactly as their bank holds it, plus bank, branch and account number. Confirm the CNY amount and send.
What the fee doesn't tell you
Grey does one conversion, EUR to CNY, and shows it. What lands at ICBC, Bank of China, China Construction Bank, Agricultural Bank of China is what was on screen in Amsterdam.

The CNY figure doesn't move

Whatever the market does after you tap send in Amsterdam, the CNY amount arriving at ICBC is fixed.
For a bill with a due date in Guangzhou, this removes the guesswork.


The old way to Guangzhou, and why it costs more
Ask a bank in Amsterdam to send yuan and you'll often be told to send dollars instead. When you wire dollars to a Chinese supplier, their bank converts at a rate you never see and sometimes holds the funds for review. Yuan lands as a domestic credit.
On the receiving side
CNY into any bank account in China. ICBC and ICBC, Bank of China, China Construction Bank, Agricultural Bank of China are all supported, and the credit looks domestic. The sender in Amsterdam sees the same settlement confirmation in the app.

Bank delivery
CNY to ICBC and any other bank in China.

Repeat recipients
Store a recipient once. Every future payment is three taps.

GreyTag
Both on Grey? GreyTag delivers instantly with no fee.
Getting money onto Grey in the Netherlands
Dutch senders fund by SEPA or iDEAL from ING, ABN AMRO, Rabobank or bunq. The euro balance waits on Grey until the transfer is due. Then Guangzhou is a conversion and a tap.
SEPA or iDEAL transfer from any Dutch bank
The standard route from ING, ABN AMRO, Rabobank, bunq or any Dutch bank.
Dollars from abroad
Skip the EUR leg by sending from a USD balance.
Leftover balance
Whatever's on Grey converts to CNY instantly.
Sending to ICBC for the first time? Check the account details twice. After that, Grey remembers them.
The people behind the Netherlands to China transfers
Agents and freight
Paying Chinese sourcing agents and forwarders in local currency.
Importers
Deposits and balance payments to factories in Guangzhou, Shenzhen, Yiwu and Ningbo.
E-commerce sellers
Recurring payments to suppliers on 1688 and Alibaba who accept bank transfer.
Students
Tuition at universities in Nanjing, Wuhan and Guangzhou, paid in yuan.
For senders in Amsterdam and Rotterdam, the Guangzhou side matters most. European businesses pay Chinese suppliers and contractors, and Chinese students in Europe receive support from home. From Amsterdam and Rotterdam, the senders are a mix of families, students' parents and businesses.


