![]() ![]() Waiver limited to handling charge incurred by Citibank (Hong Kong) Limited and/ or Citibank, N.A. Please refer to the Terms and Conditions of Global Banking Services stated below.Īpplicable to overseas cash withdrawal from Citibank and non-Citibank ATMs by clients of Citibank (Hong Kong) Limited and/ or Citibank, N.A. Some regions are exempted from providing part of the services and some services are only applicable to Citigold Private Client and Citigold clients. Global Banking Services are applicable to designated regions only. Citibank reserves the right to change Global Banking Services product offerings without prior notice to clients. ![]() does not guarantee the availability of any of these services in any market Citibank operates in. WeChat Pay also sets restrictions if the total amount topped up, received, or paid within a 30-day period exceeds RMB50,000 or its equivalent in foreign currency.All services provided under Global Banking Services are subject to availability and local regulatory restrictions and Citibank (Hong Kong) Limited and/ or Citibank, N.A. WeChat Pay has transaction limits for foreign cardholders, and the international credit card function is still in its pilot program, which means there may be limitations on payment options available. When using foreign cards on WeChat Pay, there are certain limitations to be aware of. What are the limitations of using foreign cards on WeChat Pay? Limitations for Foreign Cards on WeChat Payįoreign cards on WeChat Pay have limitations, such as not being able to withdraw money from ATMs and only being able to make purchases within mainland China. Keep in mind that WeChat Pay does not have its own currency exchange rates, so the exchange rate you get will depend on the credit cards you use. It is based on the spot exchange rate provided by partner settlement banks through the WeChat Pay Cross-Border Service. The exchange rate used in WeChat Pay is determined by the card organization and the issuing bank of your international card. It’s important to note that the specific transaction fees may vary depending on different factors and transaction types within WeChat Pay. WeChat is a social media giant in China with more than a billion users and counting, the next logical step for this mega platform was the introduction of cashless payments via WeChat Pay (Weixin Pay in China).Īdditionally, if you’re conducting business through WeChat Pay, there is a merchant fee of 0.6%, slightly higher than Alipay’s charges. How to Set Up WeChat Pay with International Bank Cards
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