‘汇款’ (huì kuǎn) literally combines ‘汇’ (to gather, channel, or remit) and ‘款’ (funds or money), meaning the act of sending money from one person or account to another—especially across regions or borders. It is commonly used in banking, online payment platforms, and informal personal transfers, such as sending money to family abroad or paying a service provider.

This term emphasizes the formal or procedural aspect of money transfer—not just giving cash, but using a designated system like bank wire, mobile payment apps (e.g., WeChat Pay or Alipay), or international services like Western Union. While it can be used transitively (e.g., ‘我汇款给你’) or intransitively (e.g., ‘今天去银行汇款’), it is most frequently followed by a destination (e.g., ‘给父母汇款’, ‘向国外汇款’). The noun form (‘a remittance’) is also common in financial contexts.