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Transfer Assets via UnionPay
Transfer Assets via UnionPay
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Written by Support
Updated over a week ago

Need to remit funds to China fast and securely? UTGL platform allows users to withdraw assets to UnionPay accounts. This guide includes information and details on how to transfer assets via UnionPay on UTGL platform.

Key Information

For information on transaction limits, supported banks, and valid beneficiaries regarding UnionPay transactions, please check out Key Information on UnionPay Transaction.

Steps

Please follow the steps below to ensure that your withdrawal instruction (UnionPay) is processed correctly:

  1. First, navigate to 'Payment Beta' under Quick Actions.

  2. From the payment options presented, select 'UnionPay'.

  3. A transfer amount pop-up window will then appear. Enter the amount you intend to send in the 'You Send' box or the desired amount for the recipient in the 'Recipient Receives' box. Once the debit amount is successfully calculated, click 'Continue'.

  4. Once the Recipient Information form appears, select the UnionPay account of the recipient, purpose, fund source, and enter other optional remarks. Once done, click 'Submit'.

    *In case you need to transfer funds to a new account, click 'New Account' when selecting the recipient's account.

  5. Next, you will enter a payment instruction confirmation page. Please review the instruction to avoid any errors. Once all information is confirmed to be accurate, click 'Confirm' to proceed. If not, click 'Back' to go back and re-enter the correct information.

  6. Following your confirmation, you are required to verify your identity. As the verification page shows up, enter the authentication code for verification purposes, and click 'Confirm'.

  7. Your withdrawal instruction will be placed once the confirmation page appears.

If you have any questions or issues, please feel free to contact UTGL customer service for assistance.

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