We are offering this service as a convenient way to help you to topup Alipay account which can then be used to pay for your online purchases using RMB!
Because we work with licensed financial institutions, both locally and internationally, to facilitate the transfer and payments in multiple foreign currencies, we are able to offer you very attractive SGD/RMB exchange rates.
How It Works
Step 1 - Ensure that your Alipay account is a Verified Account
Step 2 - Submit a new request for "Alipay Topup" service via our request management system (RMS), providing the following details
1. Your Alipay account ID
2. Total RMB amount
Step 3 - You will be notified via our online request management system (and through email) with the following details
1. Applicable SGD/RMB exchange rate
2. SGD amount payable
3. Our account details for the SGD transfer to us via PayNow, DBS PayLah, Internet transfer or ATM transfer
Step 4 - After we have received your payment, we will top up your Alipay account within 48 hours.
The SGD/RMB exchange rate we offer will be at a discount of around 1% against the prevailing rate stated on XE.com
Reference - XE.com SGD/RMB Exchange Rate