SkyRemit Introduction

SkyRemit is a leading remittance tool for expats in China, it offers remittance services for expats to send funds back to their home country.

Most expats working in China prioritize bank transfers when they need to transfer money to their home country because it’s the safest way to do it and people are used to the fees and procedures.

But now, with the emergence of a new platform for expatriates to transfer money abroad - Skyremit - more expats have a safe alternative to banks.

Skyremit offers faster account review service (3 working days) and transfer service (24-28 hours) with low fees (200RMB per transfer). Besides speed, one of the main features of Skyremit is convenience. You can complete registration, check audit status and transfer funds in your free time. Increase efficiency for your working life and save more meaningful time.

**Who is SkyRemit? **SkyRemit is powered by Skyee, a member company of LAKALA, a listed payment company in China(stock code: 300773). It offers a safe, efficient, and compliant solution for foreign personnel to remit their salaries back to home countries.

**Is SkyRemit legit? **SkyRemit business is regulated by the People’s Bank of China (PBOC) and the Hong Kong Customs and Excise Department, ensuring its legitimacy and safety. The PBOC has launched a policy that allows licensed payment companies in China to facilitate salary remittance for foreign personnel in China.

**How does SkyRemit ensure the safety of my funds? **SkyRemit allocates client a trust account called an Accounting Data Centralized System (ACS) account. When you make a transfer, your funds are deposited into this account in your own name. As shown below, these ACS accounts have a similar account structure to your bank accounts. In other words, SkyRemit’s safety level is comparable to that of a bank.

**How many countries and currencies does SkyRemit support? **SkyRemit can transfer funds to 180+ countries and support 50 local currencies. More currencies are updating soon. Please follow and contact SkyRemit to confirm whether your country is included in the list of supported countries.