Global Forum on Migration and Development
Published on the Global Forum on Migration and Development Web Portal (https://www.gfmd.org)


Date Shared: 
Thursday, August 21, 2014 - 15:00
Title: 

Sending Remittances by Wells Fargo (China)

Countries and areas: 
China, United States
Partner(s): 
Wells Fargo;  Agricultural Bank of China (ABC)
Thematic Area: 
Remittances
Tags: 
Remittances, Diaspora Empowerment and Engagement
Summary: 

Wells Fargo has made inroads to China by partnering with the Agricultural Bank of China (ABC), one of the largest banks in China, by offering an account-to-account remittance program. Customers in the United States can send up to $1,000 a day to China for $8. Recipients can claim their funds at more than 31,000 ABC branches and 12,500 ATMs throughout China.

GFMD Source: 

GFMD 2007- RT 2.1 'Improving the formalization of transfers and reducing their cost.'

Link: 

https://www.wellsfargo.com/international-remittances/asia


Source (retrieved on 04/13/2026 - 21:59): https://www.gfmd.org/pfp/ppd/1934