From China to the World: More Flexibility for Your International Finances

For many Chinese customers today, life — and money — is increasingly international. 

You may have children studying overseas. Family living in another country. International travel plans. Income or expenses in different currencies. Or you may simply want an international banking relationship that gives you more options for managing your money beyond a single market. 

Wherever you are based, having greater visibility, flexibility and control can make managing an international financial life feel much simpler. 

That is where iFAST Global Bank can help. 

An international bank account, wherever life takes you 

You do not necessarily have to live in the UK to have international banking needs. 

We allow customers in the UK and many overseas locations to apply digitally for a UK bank account, giving internationally minded customers another way to manage their finances across borders. 

For customers living in China, that could mean having a banking relationship ready for future international needs whether connected to education, work, travel, family or other overseas commitments. 

One account. More currencies. More possibilities for managing an international life. 

Keep different currencies in one place 

When your financial life crosses borders, constantly moving between different accounts can quickly become complicated. 

With iFAST Global Bank's Multi-Currency Current Account, you can hold and manage 11 supported currencies, including: 

GBP, USD, EUR, HKD, SGD, CNY, JPY, CHF, AED, CAD and AUD. 

Instead of maintaining separate banking relationships simply because your money is held in different currencies, a multi-currency account can give you a clearer view of your international finances in one place. 

The account is also interest-bearing across all currencies, meaning that simply by depositing with us, you're already growing your money while you sleep*. 

That means money held for future international needs does not necessarily have to sit outside your everyday banking relationship while you wait to use it. 

18+, Interest rates are variable and are subject to change. Details regarding the interest rates can be found on our website at www.ifastgb.com. Please refer to our website for full terms and conditions. Deposits up to £120,000 are fully protected by FSCS (Financial Services Compensation Scheme). https://www.fscs.org.uk/ has further details on the scheme. 

More confidence when your plans cross borders 

International financial needs do not always start with a transfer. 

Perhaps your child is planning to study overseas next year. 

Perhaps you regularly travel between China and other countries. 

Perhaps part of your income, savings or future expenditure is connected to another currency. 

Planning ahead can mean having access to the currencies and banking infrastructure you may need before those international commitments arise. 

It is less about predicting exactly where life will take you. 

It is about having more flexibility when it does. 

Sending money internationally without overseas transaction fees 

When you do need to move money internationally, the cost of the payment matters too. 

With iFAST Global Bank, cross-currency international payments via EzRemit can be made with no overseas transaction fee from iFAST Global Bank**. 

EzRemit is also faster than traditional international payment networks, with funds arriving in minutes, not days, meaning whoever you're sending your money to gets it that much faster. 

EzRemit really shows its worth when you're sending money to family, paying for an overseas commitment or moving between supported currencies as part of your international financial life. Many other international transfer options take a bite out of your money. EzRemit ensures you only need to pay our market-competitive exchange rate, meaning that as much of your money remains yours as possible. 

Before confirming a transfer, always review the exchange rate and details so you understand what is being sent and what the recipient is expected to receive. 

**Same currency international transfers will incur fees. Refer to our Fees and Charges (Link) for up to date figures. 

And if home is China? 

For Chinese customers living overseas, international banking can work in the other direction too. 

You may be earning in pounds or another currency while still supporting family or meeting expenses in China. 

Worldwide Scan & Pay allows customers to scan participating Alipay+ merchant QR codes to make cross-currency payments, straight from your iFAST Global Bank account***. 

This is particularly useful in China, where QR code payments are the primary method used to make purchases. 

But even outside of China, as long as there's an Alipay+ QR code, Worldwide Scan & Pay will be able to cover you safely. 

So whether your financial life is moving from China to the world, or from the world back to China, your banking relationship can move with you. 

***Scan & Pay is for cross-currency payments only. Availability of QR payments may vary by country and merchant. T&Cs apply. 

Financial comfort can mean having more options 

Financial comfort does not have to mean constantly moving money or chasing the next opportunity. 

Sometimes it is simpler than that. 

Knowing you can hold different currencies. 

Knowing you have an international banking relationship available when you need it. 

Knowing you can manage your account digitally even when you are thousands of miles from the UK. 

And knowing that when you need to make a cross-currency international payment, iFAST Global Bank does not charge an overseas transaction fee. 

For Chinese customers whose lives, families and ambitions increasingly cross borders, having those options can make international money management feel a little more comfortable. 

Wherever you are today and wherever life takes you next.