How to Pay Your Deposit and Rent Using Wise
To secure your new home in China, please follow these instructions to settle your security deposit and first rent installment. Wise is our recommended platform for fast, transparent, and low-fee international transfers to Chinese CNY accounts.
Estimated Setup Time
🚀 3 Minutes: If you already have a Wise account.
🆕 10 Minutes: If you are a new user.
Step-by-Step Payment Guide
Register: Use our Referral Link to set up your account and potentially reduce your first transfer fee.
Access: Open the Wise app or log in via wise.com.
Start Transfer: On your dashboard, click the "Send" button.
Source of Funds: Select your payment method (e.g., Wise Balance or Bank Card/Debit Card).
Currency Selection: * Set the "Recipient gets" currency to CNY (Chinese Yuan).
Enter the exact amount provided in your booking invoice.
Add Recipient: Click "Add" and select "Someone else."
Enter Account Details: Click "Enter bank details" and bypass the email field.
Choose Platform: Under "Bank details," select either Alipay or WeChat.
Input Recipient Info: Enter the Full Name and Alipay/WeChat ID exactly as provided by our team.
Payment Reason: To ensure a smooth transfer, select "Pay for services" and then "Estate agency service."
Review & Confirm: Double-check the details and click "Submit."
Success: Your transfer is complete! Payments typically arrive within 24 hours.
⚠️ Important Security Notes
Verification: Do not send funds until you have received the specific Alipay or WeChat ID directly from a Here Coliving representative.
Confirmation: Always send a screenshot of your transfer confirmation to your account manager for faster processing.
Why use Wise for your China Move?
Moving to a new country is complex. We use Wise because it offers the mid-market exchange rate without the hidden markups used by traditional banks, ensuring your housing payments are handled efficiently.
Would you like me to create a shortened, mobile-friendly version of this guide to send directly to your clients via WeChat?
