MariBank Adds Weixin Pay to Overseas Transfers for Retail, SME Users

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MariBank has added Weixin Pay to its Overseas Transfers service through a partnership with TenPay Global, Tencent’s cross-border payments platform.

Customers in Singapore can send salaries or savings directly to their own or close relatives’ Weixin Pay wallets in China.

MariBank said the expansion follows growth in its Chinese yuan transaction volumes, which it attributed partly to promotional pricing and exchange rate offerings.

Users will receive competitive exchange rates and a transfer fee waiver until 30 June 2026, subject to terms and conditions.

Transactions that do not proceed will not be affected by exchange rate fluctuations.

The bank provides remittance services to retail customers and small and medium-sized enterprises.

The addition of Weixin Pay expands its Singapore-China payment corridor.

Natalia Goh, EO of MariBank, said,

“Through our partnership with TenPay Global, we’re making cross-border remittances to Weixin Pay as seamless as a local transfer.

We’re removing the friction from international payments and managing global transfers and expenses instantly.”

Yang Wenhui, CEO of TenPay Global Singapore, said,

“At TenPay Global, we are committed to helping our users stay connected no matter where they reside. Through this partnership with MariBank, we look forward to becoming a bridge for individuals sending money home.

We will continue to develop solutions that will enhance cross-border connectivity with our customers at the heart of it.”

MariBank Overseas Transfers supports transfers to more than 40 countries in 20 currencies, with funds credited almost instantly or within one to three business days depending on destination.

Featured image: Edited by Fintech News Singapore, based on image by Weixin Pay