Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
How Filipino senders reach China
Start from the recipient's side. Someone in Guangzhou needs a fixed sum in yuan by a fixed date, and they bank with ICBC or another local bank. Southeast Asian importers source from China daily, and paying in yuan is often the difference between two spreads and one.
Grey works backwards from that: enter the CNY figure, see the USD cost from Manila, and send. The rate holds.
How sending to China works
Sign up
You'll need a passport or PhilSys ID. Once verified, you have USD, EUR and GBP account details to give employers or clients, and China as a destination. Grey works with licensed partners serving the Philippines.
Fund
Your salary or client payments in USD, EUR or GBP land in your Grey account. That balance funds the transfer to China.
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.
Two numbers, both shown first
With Grey, a sender in Manila sees three numbers before confirming: the USD debited, the fee, and the CNY that reaches Guangzhou. None of them change afterwards.
CNY amount held from send to settlement
Enter the CNY amount first if the recipient's figure is what matters. Grey shows the USD cost from Manila and locks it.
The person at ICBC sees exactly the sum you agreed.
The corridor most banks won't touch
Between Manila and Guangzhou, the problem is well known. 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. From Manila, Grey does the conversion transparently and delivers CNY as a domestic credit at ICBC or any other bank.
CNY into the account, nothing else
The CNY posts directly to the recipient's own account at any Chinese bank, including ICBC, Bank of China, China Construction Bank, Agricultural Bank of China. To them it looks like a domestic credit. The sender in Cebu sees it settle in the app.
Works with every Chinese bank
From ICBC to the smallest regional lender.
Looks local to them
A CNY deposit on their statement, nothing more.
Grey optional on their side
Unless they want GreyTag, which is instant and free.
Topping up in Manila
Before the CNY reaches Guangzhou, the money has to get onto Grey in Manila. Filipino freelancers and BPO contractors receive dollar pay into Grey. That balance sends onward without a peso conversion. Hold the balance in dollars and convert to CNY exactly when the payment to Guangzhou is due.
Foreign income
Dollars, euros or pounds received on Grey fund the transfer.
Hold, then convert
Keep the balance in USD and convert to CNY when the payment is due.
Existing balance
Convert and send in one step.
For a Filipino sender, being able to convert to CNY at the exact moment you choose is worth more than any fee saving.
Who sends from the Philippines to China
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.
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.
A mixed corridor for senders in Manila and Cebu. Southeast Asian importers source from China daily, and paying in yuan is often the difference between two spreads and one. Amounts range from a monthly allowance to a full supplier invoice.
Why send to China with Grey
Get digital banking
at your fingertips
