What is PocketRemit? PocketRemit Review, Features

PocketRemit provides a new option for young people to send money from Australia to China with simple, convenient, safe and professional products and considerate services. It adopts POLi Payment online remittance and provides Australia's exclusive T+0 clearing solution to achieve extremely fast payment. It integrates online payment channels such as UnionPay International and Alipay, and is committed to providing a simple, safe and fast cross-border payment experience. It joins hands with Symantec, a global leading solution provider in the field of information security, to deeply protect the platform data and information security.

About PocketRemit

PocketRemit is headquartered in Sydney. It is a cross-border remittance service platform that holds an Australian AFS formal financial license (authorized and issued by the Australian Securities and Investments Commission) and is subject to strict supervision by the Chinese and Australian governments. It focuses on providing convenient remittance services to China for Australian students and Chinese.

A group of young international students created Pocket Remittance, a new way of online remittance, because they wanted to change the traditional model of remittances from Australia to China, which has complicated procedures, high fees, slow efficiency, frequent pending transactions, and other issues.

If you have spent a long time "enduring" the many troubles in previous cross-border remittances, please take a minute to register for Pocket Remittance and start a new and convenient remittance experience.

PocketRemit integrates online payment channels such as UnionPay International and Alipay, and is committed to providing a simple, safe and fast cross-border payment experience. Together with Symantec, a global leading provider of information security solutions, we deeply protect the data and information security of the platform.

Products and Services

• Speedy remittance

Online operation saves tedious steps and a single order can be credited to your account in as fast as two minutes.

• Fixed Fee

The exchange rate, handling fee and amount to be transferred are clearly displayed before remittance, with no other hidden fees.

• Achieve "0 exchange loss"

Benchmarked against the market exchange rate, you can lock in the exchange rate when placing an order, which increases the amount of payment by an average of 3% compared to banks.

• Support multiple payment methods

It supports online banking and Alipay payment from major domestic banks, and supports real-time viewing of order status.

• Platform full guarantee

Funds are subject to compliance supervision. If funds are not received, the platform will pay the full amount.

• Data bank-level encryption

With a strong sense of risk awareness, user information and data are encrypted at the bank level, ensuring security and convenient operation.

Frequently asked questions

Q : What should I prepare before remittance?

A : ① Register a Koudaihui user account;

② Complete user (KYC) authentication;

③ Fill in the payee information and payment account number;

Q : Why do I need to provide proof of identity of the recipient?

A : China's State Administration of Foreign Exchange stipulates that the annual upper limit of foreign exchange that domestic residents can purchase with their ID cards is US$50,000, so domestic recipients must provide their ID numbers for supervision.

Q : How to modify the bound mobile phone number, email address and login password?

A : Mobile web version:

Log in to the H5 web version of Pocket Exchange, click the "three" personal center in the upper right corner, continue to click the avatar, enter the "Account Settings" to make changes.

APP (iOS) version:

Log in to the mobile web version of Pocket Exchange, click "My", enter "Account Settings" to make changes.