Thunes, UnionPay Raise China Daily Payout Cap to US$10,000
The expanded service allows instant transfers for financial institutions and money operators to 79 major Chinese banks, including ICBC and Bank of China.
Thunes, UnionPay Lift Transfer Limits
Thunes has expanded its collaboration with UnionPay International, significantly increasing the daily payout limit for transfers into mainland China. Cardholders can now receive up to US$10,000 per day through this service.
The enhanced capability covers 79 major Chinese banks, including prominent institutions like Industrial and Commercial Bank of China (ICBC), Bank of China, and China Construction Bank. This strategic move aims to boost cross-border payment efficiency for financial institutions and money transfer operators sending funds to UnionPay cards.
Streamlining Cross-Border Flows
The expanded service facilitates instant transfers, enabling financial institutions, payment service providers, and money transfer operators to send larger sums directly to recipients. This eliminates the need for splitting transfers over multiple days or undergoing manual processing, which previously added complexity and delays for higher-value transactions.
Thunes and UnionPay established a direct technical connection in January 2026. This integration links Thunes' Direct Global Network with UnionPay's infrastructure via a single application programming interface (API), providing network members direct access to UnionPay cardholders in mainland China.
Expanding Payment Corridors
This higher daily limit targets key payment corridors, including Indonesia, Thailand, Australia, New Zealand, Africa, and the United States. Chloé Mayenobe, Deputy CEO at Thunes, stated that enabling high-capacity, direct-to-card payouts into China addresses long-standing barriers in one of the world's most dynamic payment corridors.
She added that unlocking these increased transaction limits supports the growth of Thunes' members, empowering financial institutions everywhere to scale their cross-border flows into China with greater speed and compliance.
For Asian businesses and financial institutions, this development streamlines the process of sending larger payments into China, potentially reducing transaction costs and processing times.
Companies engaged in trade or services with mainland China, particularly those in Indonesia, Thailand, Australia, and New Zealand, can now execute higher-value remittances and business-to-business (B2B) payments more efficiently. This operational improvement facilitates smoother financial interactions and supports increased cross-border economic activity within the region.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
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