This feature might attract a lot more customers in @revolut
we can’t even make CNY payments, let alone keeping currency.
I believe only CNH is legally possible though
it seems Transfer money on the bank accounts in the most populated countries on earth (INDIA &CHINA) is also not supported at the moment.
because the governments of those countries don’t want others to deal on their currencies.
CNY is supported as a spending currency only at the moment.
Hi @AndreasK, any insight on why Transferwise allows us to keep and transfer INR but Revolut had to (silently) remove it?
No I don’t know why Transferwise allows INR.
Capital controls and restrictions on capital movement means that there are two markets in terms of FX: Onshore and offshore.