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Q: this country is a financial joke 1 day into a holiday every ATM in town is broke
end of the month payday bills to pay what is a man to do? no cash and no counters available for days
5 years 51 weeks ago in Money & Banking - China
I suppose that's why wechat pay is so popular now.
diverdude1:
pezactly. pay most utility bills w/ wechat or alipay. E z PeeZee ~
*ooops,,, had to edit it..... shoulda said pay most ANYthing w/ Ali or WeChatI suppose that's why wechat pay is so popular now.
diverdude1:
pezactly. pay most utility bills w/ wechat or alipay. E z PeeZee ~
*ooops,,, had to edit it..... shoulda said pay most ANYthing w/ Ali or WeChat
China systemically fails at consistency. I mean how often your local store runs out of some basic necessities for several days or even weeks before they return on the shelves, happens all the time in every supermarkets I know of in Guangzhou, never happens back in Germany. Unreliable, just like everything else in this country.
ambivalentmace:
I went into a supermarket quickly before catching a train Saturday, I kid you not, they did not have any coffee of any kind in the store were I have been buying coffee for 6 years. I buy it black without sugar, Nescafe or whatever they have but even the mix sugar coffee was gone. NOTHING.
Send me your ATM cards and I'll check to see if the machines have money here.
You clearly don’t know how to China’r...who uses ATM’s now? It’s all phone payments. Wechat & Alipay! Get mit it!
Its getting the same where I am. They are closing ATMs because everyone is paying with their phone.
Apparently it takes longer for a foreigner to open a bank account too. I applied for an account at the Agricultural bank of China a month ago. 2 days ago I was told the application was sent to the top brass for approval. Another person told me some banks are asking for SSNumbers, and SINumbers for tax purposes. a few years ago it took about 2 hours to open an account.
ambivalentmace:
the new FATCA law in America tracking Americans with 50 k or more in foreign bank accounts, America is so desperate for money, they are threatening foreign banks with no business if they don't snitch on Americans hiding money overseas. I had to close all my accounts in Singapore and reopen with another country passport to avoid moving so much on a wire transfer which is also tracked. It's getting hard to make a dishonest living anymore.
ambivalentmace:
Some good news, Bangkok bank has a branch in New York city now, so you can send a domestic deposit to the New York branch with Bank of America and get the funds in Thailand 3 business days later for 3 dollars, 1 day service 20 dollars, instant 35 dollars regardless of amount. The card has visa,master card, and union pay logos. The bank of america card to set it up for international service is 20 dollars, the card has a built in screen for encrypted code for your transfer that you type online with your transfer, can not get the card wet or it does not work. Most of the Americans in Thailand are buying Cambodia passports to get around the Fatca and just keep one account with American passports for social security and pension deposits.
clarification my paycheque goes to a Canada bank and the ATM is by far the cheapest and quickest way to get it here. TRUST ME. been doing this a while. used to be a better way but the banks screwed that up. (not sure if Canada or China or USA) but they just made it more difficult and expensive.
I use wechat for groceries long distance delivery THAT IS IT. and stirring the pot on a chat group thing once in a while after a couple beer.
paycheque to paycheque only way to go
BHGAL:
April 30, 2018
International Money Transfer
Send up to $2,500 CAD per day to almost anywhere in the world for just $13.50 per transfer. Your recipient might be charged an additional transfer fee from their bank or an intermediary bank, depending on that bank's rules.
All you need is the recipient's name and address, their account number (if applicable) and the name and location orSWIFT BIC/ABA Routing Number of the destination bank. Your transfer usually arrives within 2 to 5 business daysApril 30, 2018
BHGAL:
who in their right mind agrees to a financial transaction without knowing the cost YOUR RECIPIENT "MIGHT" BE CHARGED AN ADDITIONAL TRANSFER FEE. They sent mine to New York converted to USD and then to me in RMB converted it twice and charged grotesque fees
