What is Baofu? Baofu Review

Supported currencies

Baofu cross-border payment cooperates with many domestic and foreign bank channels, supporting 11 currencies including U.S. dollar (USD), euro (EUR), British pound (GBP), Hong Kong dollar (HKD), Japanese yen (JPY), Singapore dollar (SGD), and Australian dollar (AUD).

Supported Platforms

Accept global payments, support AMAZON North America/Japan/European platforms

Withdrawal

Cash withdrawals are available 24/7 and are transferred to domestic bank accounts in real time. We support mainstream domestic banks and cooperate with more than 30 domestic financial institutions including Industrial and Commercial Bank of China, China Merchants Bank, Bank of Communications, China Construction Bank, and Agricultural Bank of China.

Security

On December 22, 2011, Baofu was awarded the "Payment Business License" issued by the People's Bank of China and obtained the Internet payment business license.

In 2017, Baofu became the first payment institution to be approved for a cross-border foreign exchange payment license.