Send money to China
InstaReM
Rate 6.6573 · Fee free
You send
$1,000
Estimated receipt
¥6,657
¥210 more than the lowest estimate · 0.71% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: InstaReM ranks first of 8 for 1,000 USD → CNY: 6,657.27 CNY estimated. 211.41 CNY separates first from last.
Latest pricing observation: . Oldest observation used: . Quotes are kept per USD→CNY pair, not per country, so check is served before you commit. Methodology.
What is the cheapest way to send USD to CNY?
Sending $1,000 to China, ranked by estimated payout.
Source: our collected quotes
6.5775
Free
¥6,577.48
Send
Effectively tied · rated 4.7
6.5399
Free
¥6,539.94
Send
6.5560
$1.99
¥6,542.98
Send
Estimated payout difference: ¥211.41 between first and last on $1,000.
Sending money to China involves navigating some of the world's strictest foreign exchange controls. Individuals in China can receive up to USD 50,000 equivalent per year under SAFE (State Administration of Foreign Exchange) rules, and most transfers must go through licensed banking channels. Alipay and WeChat Pay dominate domestic payments but have limited support for international inbound transfers.
- SAFE (State Administration of Foreign Exchange) caps annual FX remittance receipts at USD 50,000 equivalent per person. Transfers above this require documentary approval.
- Alipay and WeChat Pay can receive international transfers through licensed partner banks, but direct wallet funding from abroad is restricted — most providers deliver to a Chinese bank account.
- Popular receiving banks: ICBC, Bank of China (BOC), China Construction Bank (CCB), Agricultural Bank of China (ABC), and Bank of Communications. Bank of China has the strongest international correspondent network.
- CNY (onshore yuan, also called RMB) is distinct from CNH (offshore yuan). International providers buy CNY at the onshore rate; recipients receive funds in their onshore bank account.
- SWIFT transfers to China go through UnionPay International or correspondent banks. Domestic settlement via CNAPS (China National Advanced Payment System) takes a few hours after SWIFT receipt.
Which provider offers the best USD to CNY rate?
InstaReM
4.0Exchange rate
6.6573
Fee
Free
Recipient gets
¥6,657.27
Speed
1-3 business days
Guides, fees & how it works
Which provider suits each USD→CNY transfer?
InstaReM currently delivers the most CNY on this route, while Remitly is the fastest.
Cheapest transfer
InstaReM
Delivers the most CNY for your money
Fastest transfer
Remitly
Delivers in Minutes to 3-5 days
Cash pickup
Remitly
Widest cash pickup network
Bank transfer
InstaReM
Best rate for bank deposit to China
What you need to send money to China
Full name (Chinese characters)
Recipient's name in Chinese characters as registered with their bank
Bank account number
16–19 digit Chinese bank account or UnionPay card number
Bank name & branch
Full bank name and province/city of the branch
CNAPS code
OptionalChina National Advanced Payment System code (12 digits) identifying the specific branch
Note: China does not use IBAN. You need the recipient's Chinese name (in characters), bank account or card number, and the bank branch location. Some providers also accept Alipay or WeChat Pay for smaller amounts.
Transfer examples: USD to CNY
Send $500
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| InstaReM6.66 · 1-3 business days | Free | 6.66 | ¥3,329 | 1-3 business days |
| Wise6.71 · Instant | $4.43 | 6.71 | ¥3,323 | Instant |
| Remitly6.64 · Minutes to 3-5 days | $1.99 | 6.64 | ¥3,307 | Minutes to 3-5 days |
| Panda Remit6.66 · Minutes | $6.99 | 6.66 | ¥3,284 | Minutes |
| TapTap Send6.54 · Under 3 minutes (95% of transfers) | Free | 6.54 | ¥3,270 | Under 3 minutes (95% of transfers) |
| Western Union6.56 · Minutes to 5 days | $1.99 | 6.56 | ¥3,265 | Minutes to 5 days |
Send $1,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| InstaReM6.66 · 1-3 business days | Free | 6.66 | ¥6,657 | 1-3 business days |
| Remitly6.64 · Minutes to 3-5 days | $1.99 | 6.64 | ¥6,627 | Minutes to 3-5 days |
| Wise6.71 · Instant | $13.52 | 6.71 | ¥6,615 | Instant |
| Panda Remit6.66 · Minutes | $6.99 | 6.66 | ¥6,614 | Minutes |
| Ria Money Transfer6.58 · Minutes to 2 days | Free | 6.58 | ¥6,577 | Minutes to 2 days |
| TapTap Send6.54 · Under 3 minutes (95% of transfers) | Free | 6.54 | ¥6,540 | Under 3 minutes (95% of transfers) |
Send $5,000
| Provider | Fee | Rate | Receives | Speed |
|---|---|---|---|---|
| Wise6.71 · Instant | $13.52 | 6.71 | ¥33,437 | Instant |
| InstaReM6.66 · 1-3 business days | Free | 6.66 | ¥33,286 | 1-3 business days |
| Panda Remit6.66 · Minutes | $6.99 | 6.66 | ¥33,257 | Minutes |
| Remitly6.59 · Minutes to 3-5 days | $1.99 | 6.59 | ¥32,955 | Minutes to 3-5 days |
| Ria Money Transfer6.58 · Minutes to 2 days | Free | 6.58 | ¥32,887 | Minutes to 2 days |
| Western Union6.56 · Minutes to 5 days | $1.99 | 6.56 | ¥32,767 | Minutes to 5 days |
How much does it cost to send money to China?
Of the 8 estimates we hold for $1,000 USD to CNY, 3 charge no transfer fee and 5 charge between $1.99 and $13.52. Their exchange rates sit 0.00% to 3.38% above the mid-market rate (median 1.90%), a spread worth 227 CNY on this amount.
A steady pair: just 0.6 points apart; today reads "typical". Best payout day InstaReM (13 March 2026), worst Wise (4 May 2026).
Ways to send money to China
Alipay and WeChat Pay are increasingly popular for receiving international transfers in China — they're faster than bank deposits and don't require branch details. For bank transfers, ensure the recipient's name is in Chinese characters exactly as registered.
How can my recipient receive money in China?
Recipients in China have 4 ways to receive this transfer: bank deposit; alipay; wechat pay; unionpay card.
Bank Deposit
Transfer to major Chinese banks. Requires accurate Chinese-character recipient name matching bank records.
Alipay
Transfer directly to recipient's Alipay account — China's largest digital payment platform with 1B+ users.
WeChat Pay
Send to WeChat Pay wallet — deeply integrated into daily life in China.
UnionPay Card
Deposit directly to any UnionPay-linked bank card.
What are the transfer limits and regulations for China?
Regulatory body
State Administration of Foreign Exchange (SAFE) / People's Bank of China (PBOC)
Inbound transfer limits
Individuals can receive up to $50,000 USD equivalent per year without additional documentation under SAFE rules
Documentation you may need
- Sender's government-issued ID
- Recipient may need to provide their Chinese ID number to their bank for amounts over $500
- Purpose of transfer may be required (family support, tuition, etc.)
Important things to know
- China has strict foreign exchange controls managed by SAFE. Individual recipients have an annual limit of $50,000 equivalent for personal foreign exchange.
- Recipient's Chinese name must match their bank records exactly (in Chinese characters) — mismatches will cause the transfer to be rejected.
- Some providers cannot send to business accounts in China — only personal accounts.
- CNY exchange rates can be affected by PBOC policy — rates may not float freely.
How long does it take to send money to China?
6 of the 9 providers quoting USD to CNY advertise delivery within minutes (Remitly, Wise, Panda Remit); 3 quote longer, such as InstaReM at 1-3 business days on USD to CNY.
Provider-stated speeds for China, not our measurement.
- RemitlyMinutes to 3-5 days
- WiseInstant
- Panda RemitMinutes
- Ria Money TransferMinutes to 2 days
- TapTap SendUnder 3 minutes (95% of transfers)
- InstaReM1-3 business days
- OFX1-3 business days
- Regency FXSame day may be available; confirm your route
Popular banks in China
6 banks commonly receive international transfers in China, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB) — each bank's SWIFT/BIC code is below.
Industrial and Commercial Bank of China (ICBC)
ICBKCNBJXXX
China Construction Bank (CCB)
PCBCCNBJXXX
Agricultural Bank of China (ABC)
ABOCCNBJXXX
Bank of China (BOC)
BKCHCNBJXXX
China Merchants Bank (CMB)
CMBCCNBSXXX
Bank of Communications
COMMCNSHXXX
Typical time to send
SendScoreBest rate -0.05% vs the 30-day average, 10% up the 90-day range. Rates are flat over the past week. Today's best beats the median provider by +3.62%.
- 40%10% up the 90-day range
- 25%-0.05% vs the 30-day average
- 20%today's best beats the median provider by +3.62%
- 15%flat over the past week
Who is usually cheapest here
InstaReM delivered the most on 91 of the last 91 days it quoted here (100%); InstaReM is today's best too.
- 100%InstaReM — cheapest on 91 of 91 days it quoted
- 0%TapTap Send — cheapest on 0 of 91 days it quoted
- 0%Remitly — cheapest on 0 of 91 days it quoted
- 0%Bank of America — cheapest on 0 of 40 days it quoted
91 contested days of 91; single-quote days excluded for USD→CNY. See every corridor.
USD→CNY: 196 days of our recorded provider rates
USD to CNY Exchange Rate History
Per 100 USD sent, 196 days.
| Date | Wise | __mid Market__ | InstaReM | Remitly | TapTap Send |
|---|---|---|---|---|---|
| Trend | |||||
| Oct 3 | 6.7053 | 6.7053✓ | 6.6576 | 6.6408 | 6.5400 |
| Oct 2 | 6.7053 | 6.7066✓ | 6.6578 | 6.6410 | 6.5400 |
| Oct 1 | 6.7052 | 6.7052✓ | 6.6577 | 6.6428 | 6.5400 |
| Sep 30 | 6.7063 | 6.7064✓ | 6.6576 | 6.6408 | 6.5400 |
| Sep 29 | 6.7076 | 6.7082✓ | 6.6561 | 6.6393 | 6.5400 |
| Sep 28 | 6.7117 | 6.7130✓ | 6.6654 | 6.6486 | 6.5400 |
| Sep 27 | 6.7128 | 6.7154✓ | 6.6649 | 6.6481 | 6.5500 |
| Sep 26 | 6.7121 | 6.7128✓ | 6.6658 | 6.6490 | 6.5500 |
| Sep 25 | 6.7121 | 6.7128✓ | 6.6655 | 6.6487 | 6.5500 |
| Sep 24 | 6.7133 | 6.7140✓ | 6.6658 | 6.6490 | 6.5400 |
| Sep 23 | 6.7111✓ | 6.7111✓ | 6.6641 | 6.6473 | 6.5400 |
| Sep 22 | 6.6996✓ | 6.6996✓ | 6.6527 | 6.6360 | 6.5300 |
| Sep 21 | 6.6941 | 6.6961✓ | 6.6484 | 6.6317 | 6.5300 |
| Sep 20 | 6.7012 | 6.7019✓ | 6.6547 | 6.6380 | 6.5300 |
| Sep 19 | 6.6965 | 6.7019✓ | 6.6506 | 6.6339 | 6.5300 |
| Sep 18 | 6.6965 | 6.6992✓ | 6.6506 | 6.6339 | 6.5300 |
| Sep 17 | 6.7051 | 6.7078✓ | 6.6604 | 6.6437 | 6.5400 |
| Sep 16 | 6.7088 | 6.7101✓ | 6.6591 | 6.6423 | 6.5400 |
| Sep 15 | 6.7117✓ | 6.7117✓ | 6.6642 | 6.6474 | 6.5400 |
| Sep 14 | 6.7101✓ | 6.7101✓ | 6.6612 | 6.6445 | 6.5500 |
| Sep 13 | 6.7107✓ | 6.7107✓ | 6.6628 | 6.6461 | 6.5400 |
| Sep 12 | 6.7080✓ | 6.7080✓ | 6.6610 | 6.6443 | 6.5400 |
| Sep 11 | 6.7080 | 6.7114✓ | 6.6610 | 6.6443 | 6.5400 |
| Sep 10 | 6.7122✓ | 6.7122✓ | 6.6592 | 6.6424 | 6.5400 |
| Sep 9 | 6.7067 | 6.7080✓ | 6.6607 | 6.6440 | 6.5400 |
| Sep 8 | 6.7086 | 6.7106✓ | 6.6635 | 6.6468 | 6.5400 |
| Sep 7 | 6.7104 | 6.7117✓ | 6.6638 | 6.6470 | 6.5400 |
| Sep 6 | 6.7116 | 6.7123✓ | 6.6638 | 6.6470 | 6.5400 |
| Sep 5 | 6.7100 | 6.7120✓ | 6.6638 | 6.6470 | 6.5400 |
| Sep 4 | 6.7166✓ | 6.7166✓ | 6.6699 | 6.6520 | 6.5500 |
| Sep 3 | 6.7185✓ | 6.7185✓ | 6.6699 | 6.6531 | 6.5500 |
| Sep 2 | 6.7200✓ | 6.7200✓ | 6.6728 | 6.6553 | 6.5500 |
| Sep 1 | 6.7220 | 6.7227✓ | 6.6749 | 6.6591 | 6.5600 |
| Aug 31 | 6.7220 | 6.7227✓ | 6.6749 | 6.6591 | 6.5600 |
| Aug 30 | 6.7290 | 6.7317✓ | 6.6789 | 6.6621 | 6.5600 |
| Aug 29 | 6.7290✓ | 6.7290✓ | 6.6789 | 6.6621 | 6.5600 |
| Aug 28 | 6.7209✓ | 6.7209✓ | 6.6734 | 6.6565 | 6.5500 |
| Aug 27 | 6.7212✓ | 6.7212✓ | 6.6739 | 6.6569 | 6.5500 |
| Aug 26 | 6.7214✓ | 6.7214✓ | 6.6733 | 6.6565 | 6.5500 |
| Aug 25 | 6.7236✓ | 6.7236✓ | 6.6751 | 6.6583 | 6.5500 |
| Aug 24 | 6.7211✓ | 6.7211✓ | 6.6741 | 6.6573 | 6.5500 |
| Aug 23 | 6.7213 | 6.7220✓ | 6.6740 | 6.6572 | 6.5500 |
| Aug 22 | 6.7213 | 6.7220✓ | 6.6740 | 6.6572 | 6.5500 |
| Aug 21 | 6.7250✓ | 6.7250✓ | 6.6754 | 6.6586 | 6.5500 |
| Aug 20 | 6.7315✓ | 6.7315✓ | 6.6824 | 6.6656 | 6.5600 |
| Aug 19 | 6.7443✓ | 6.7443✓ | 6.6954 | 6.6785 | 6.5700 |
| Aug 18 | 6.7409✓ | 6.7409✓ | 6.6927 | 6.6759 | 6.5700 |
| Aug 17 | 6.7435✓ | 6.7435✓ | 6.6944 | 6.6776 | 6.5700 |
| Aug 16 | 6.7446✓ | 6.7446✓ | 6.6940 | 6.6772 | 6.5700 |
| Aug 15 | 6.7446✓ | 6.7446✓ | 6.6940 | 6.6772 | 6.5700 |
| Aug 14 | 6.7442✓ | 6.7442✓ | 6.6956 | 6.6787 | 6.5800 |
| Aug 13 | 6.7442✓ | 6.7442✓ | 6.6956 | 6.6787 | 6.5700 |
| Aug 12 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 11 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 10 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 9 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 8 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 7 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 6 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 5 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 4 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 3 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 2 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Aug 1 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 31 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 30 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 29 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 28 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 27 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 26 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 25 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 24 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 23 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 22 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 21 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 20 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 19 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 18 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 17 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 16 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 15 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 14 | 6.7811 | 6.7831✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 13 | 6.7811 | 6.7838✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 12 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 11 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 10 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 9 | 6.7811 | 6.7988✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 8 | 6.7811 | 6.7967✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 7 | 6.7811 | 6.7933✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 6 | 6.7811 | 6.7886✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 5 | 6.7811 | 6.7818✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 4 | 6.7811✓ | 6.7811✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 3 | 6.7811 | 6.7825✓ | 6.7369 | 6.7199 | 6.6100 |
| Jul 2 | 6.7912 | 6.7932✓ | 6.7467 | 6.7298 | 6.6200 |
| Jul 1 | 6.7872 | 6.7892✓ | 6.7376 | 6.7206 | 6.6200 |
| Jun 30 | 6.7956✓ | 6.7956✓ | 6.7460 | 6.7291 | 6.6300 |
| Jun 29 | 6.8005✓ | 6.8005✓ | 6.7504 | 6.7334 | 6.6300 |
| Jun 28 | 6.8005✓ | 6.8005✓ | 6.7504 | 6.7334 | 6.6300 |
| Jun 27 | 6.8005 | 6.8012✓ | 6.7504 | 6.7334 | 6.6300 |
| Jun 26 | 6.7975✓ | 6.7975✓ | 6.7500 | 6.7330 | 6.6200 |
| Jun 25 | 6.8103✓ | 6.8103✓ | 6.7629 | 6.7459 | 6.6300 |
| Jun 24 | 6.7918✓ | 6.7918✓ | 6.7425 | 6.7255 | 6.6200 |
| Jun 23 | 6.7761✓ | 6.7761✓ | 6.7271 | 6.7101 | 6.6100 |
| Jun 22 | 6.7684✓ | 6.7684✓ | 6.7199 | 6.7038 | 6.6000 |
| Jun 21 | 6.7705✓ | 6.7705✓ | 6.7212 | 6.7043 | 6.6000 |
| Jun 20 | 6.7705✓ | 6.7705✓ | 6.7212 | 6.7043 | 6.6000 |
| Jun 19 | 6.7683 | 6.7697✓ | 6.7212 | 6.7043 | 6.6000 |
| Jun 18 | 6.7610✓ | 6.7610✓ | 6.7104 | 6.6935 | 6.5900 |
| Jun 17 | 6.7669✓ | 6.7669✓ | 6.7156 | 6.6987 | 6.6000 |
| Jun 16 | 6.7669✓ | 6.7669✓ | 6.7156 | 6.6987 | 6.6000 |
| Jun 15 | 6.7669✓ | 6.7669✓ | 6.7156 | 6.6987 | 6.6000 |
| Jun 14 | 6.7625 | 6.7645✓ | 6.7153 | 6.6984 | 6.6000 |
| Jun 13 | 6.7625 | 6.7645✓ | 6.7153 | 6.6984 | 6.6000 |
| Jun 12 | 6.7625 | 6.7761✓ | 6.7153 | 6.6984 | 6.6000 |
| Jun 11 | 6.7742 | 6.7749✓ | 6.7248 | 6.7079 | 6.6000 |
| Jun 10 | 6.7742 | 6.7749✓ | 6.7248 | 6.7079 | 6.6000 |
| Jun 9 | 6.7834✓ | 6.7834✓ | 6.7357 | 6.7188 | 6.6100 |
| Jun 8 | 6.7715✓ | 6.7715✓ | 6.7144 | 6.7050 | 6.6100 |
| Jun 7 | 6.7883✓ | 6.7883✓ | 6.7181 | 6.7012 | 6.6100 |
| Jun 6 | 6.7883✓ | 6.7883✓ | 6.7181 | 6.7012 | 6.6100 |
| Jun 5 | 6.7742✓ | 6.7742✓ | 6.7139 | 6.7092 | 6.6000 |
| Jun 4 | 6.7782✓ | 6.7782✓ | 6.7139 | 6.7049 | 6.6000 |
| Jun 3 | 6.7632✓ | 6.7632✓ | 6.7139 | 6.6980 | 6.5900 |
| Jun 2 | 6.7666✓ | 6.7666✓ | 6.7176 | 6.7007 | 6.6000 |
| Jun 1 | 6.7686✓ | 6.7686✓ | 6.7196 | 6.7030 | 6.6000 |
| May 31 | 6.7662 | 6.7669✓ | 6.7188 | 6.7019 | 6.6000 |
| May 30 | 6.7662✓ | 6.7662✓ | 6.7188 | 6.7019 | 6.6000 |
| May 29 | 6.7757 | 6.7791✓ | 6.7321 | 6.7152 | 6.6100 |
| May 28 | 6.7793✓ | 6.7793✓ | 6.7313 | 6.7144 | 6.6100 |
| May 27 | 6.7863✓ | 6.7863✓ | 6.7385 | 6.7215 | 6.6200 |
| May 26 | 6.7834 | 6.7943✓ | 6.7367 | 6.7198 | 6.6200 |
| May 25 | 6.7949 | 6.7956✓ | 6.7467 | 6.7295 | 6.6200 |
| May 24 | 6.7975✓ | 6.7975✓ | 6.7469 | 6.7300 | 6.6200 |
| May 23 | 6.7975✓ | 6.7975✓ | 6.7469 | 6.7300 | 6.6200 |
| May 22 | 6.8030✓ | 6.8030✓ | 6.7549 | 6.7379 | 6.6300 |
| May 21 | 6.8013✓ | 6.8013✓ | 6.7529 | 6.7596 | 6.6300 |
| May 20 | 6.8143✓ | 6.8143✓ | 6.7667 | 6.7735 | 6.6400 |
| May 19 | 6.8001✓ | 6.8001✓ | 6.7524 | 6.7592 | 6.6300 |
| May 18 | 6.8157✓ | 6.8157✓ | 6.7695 | 6.7784 | 6.6500 |
| May 17 | 6.8128✓ | 6.8128✓ | 6.7615 | 6.7683 | 6.6400 |
| May 16 | 6.8128✓ | 6.8128✓ | 6.7615 | 6.7683 | 6.6400 |
| May 15 | 6.7991✓ | 6.7991✓ | 6.7466 | 6.7534 | 6.6200 |
| May 14 | 6.7855 | 6.7889✓ | 6.7376 | 6.7447 | 6.6200 |
| May 13 | 6.7923✓ | 6.7923✓ | 6.7393 | 6.7460 | — |
| May 12 | 6.7945✓ | 6.7945✓ | 6.7481 | 6.7549 | — |
| May 11 | 6.7956 | 6.7963✓ | 6.7473 | 6.7541 | — |
| May 10 | 6.8007 | 6.8014✓ | 6.7529 | 6.7597 | — |
| May 9 | 6.8007 | 6.8014✓ | 6.7529 | 6.7597 | — |
| May 8 | 6.8043✓ | 6.8043✓ | 6.7559 | 6.7627 | — |
| May 7 | 6.8044✓ | 6.8044✓ | 6.7565 | 6.7632 | — |
| May 6 | 6.8194 | 6.8201✓ | 6.7709 | 6.7777 | — |
| May 5 | 6.8301✓ | 6.8301✓ | — | — | — |
| May 4 | 6.8292 | 6.8299✓ | — | — | — |
| May 3 | 6.8297 | 6.8304✓ | 6.7795 | 6.7863 | — |
| May 2 | 6.8297✓ | 6.8297✓ | 6.7795 | 6.7863 | — |
| May 1 | 6.8289 | 6.8296✓ | 6.7795 | 6.7863 | — |
| Apr 30 | 6.8396✓ | 6.8396✓ | — | 6.7968 | — |
| Apr 29 | 6.8346✓ | 6.8346✓ | — | 6.7937 | — |
| Apr 28 | 6.8296✓ | 6.8296✓ | — | 6.7841 | — |
| Apr 27 | 6.8287✓ | 6.8287✓ | — | 6.7892 | — |
| Apr 26 | 6.8322 | 6.8349✓ | — | 6.7949 | — |
| Apr 25 | 6.8322 | 6.8349✓ | — | 6.7949 | — |
| Apr 24 | 6.8368✓ | 6.8368✓ | — | 6.7903 | — |
| Apr 23 | 6.8238✓ | 6.8238✓ | — | 6.7825 | — |
| Apr 22 | 6.8239✓ | 6.8239✓ | — | 6.7799 | — |
| Apr 21 | 6.8163✓ | 6.8163✓ | 6.7668 | 6.7739 | — |
| Apr 20 | 6.8193✓ | 6.8193✓ | 6.7696 | 6.7760 | — |
| Apr 19 | 6.8180 | 6.8214✓ | 6.7682 | 6.7760 | — |
| Apr 18 | 6.8180✓ | 6.8180✓ | 6.7682 | 6.7760 | — |
| Apr 17 | 6.8244 | 6.8251✓ | 6.7755 | 6.7874 | — |
| Apr 16 | 6.8191✓ | 6.8191✓ | 6.7707 | — | — |
| Apr 15 | 6.8175✓ | 6.8175✓ | 6.7679 | — | — |
| Apr 14 | 6.8201✓ | 6.8201✓ | 6.7735 | — | — |
| Apr 13 | 6.8345✓ | 6.8345✓ | 6.7913 | — | — |
| Apr 12 | 6.8293✓ | 6.8293✓ | 6.7800 | — | — |
| Apr 11 | 6.8293✓ | 6.8293✓ | 6.7800 | — | — |
| Apr 10 | 6.8309✓ | 6.8309✓ | 6.7836 | — | — |
| Apr 9 | 6.8324✓ | 6.8324✓ | 6.7809 | — | — |
| Apr 8 | 6.8629✓ | 6.8629✓ | 6.8087 | — | — |
| Apr 7 | 6.8838✓ | 6.8838✓ | 6.8356 | 6.8169 | — |
| Apr 6 | 6.8825✓ | 6.8825✓ | 6.8343 | 6.8158 | — |
| Apr 5 | 6.8822 | 6.8850✓ | 6.8342 | 6.8154 | — |
| Apr 4 | 6.8822 | 6.8829✓ | 6.8342 | 6.8154 | — |
| Apr 3 | 6.8822 | 6.8863✓ | 6.8342 | 6.8154 | — |
| Apr 2 | 6.8851✓ | 6.8851✓ | 6.8371 | 6.8180 | — |
| Apr 1 | 6.8755 | 6.8851✓ | 6.8259 | 6.8328 | — |
| Mar 31 | 6.8944 | 6.9124✓ | 6.8465 | 6.8293 | — |
| Mar 30 | 6.9126 | 6.9133✓ | 6.8635 | 6.8462 | — |
| Mar 29 | 6.9121✓ | 6.9121✓ | 6.8629 | 6.8457 | — |
| Mar 28 | 6.9115 | 6.9122✓ | 6.8632 | 6.8459 | — |
| Mar 18 | 6.8819✓ | 6.8819✓ | 6.8523 | 6.8153 | — |
| Mar 17 | 6.8852 | 6.8852✓ | 6.8579 | 6.8202 | — |
| Mar 16 | 6.8917✓ | 6.8917✓ | 6.8671 | 6.8293 | — |
| Mar 15 | 6.9036 | 6.9037✓ | 6.8685 | 6.8306 | — |
| Mar 14 | 6.9036 | 6.9037✓ | 6.8685 | 6.8306 | — |
| Mar 13 | 6.9036 | 6.9037✓ | 6.8685 | 6.8306 | — |
Frequently asked questions
Common questions about sending money to China
What is the cheapest way to send money to China?
Wise offers the mid-market CNY rate with transparent fees, making it one of the best options for USD-to-CNY. Remitly and WorldRemit are also competitive. For large amounts, OFX offers preferential rates. Given capital control complexity, using an established regulated provider is important for smooth delivery.
How long does a bank transfer to China take?
SWIFT transfers to Chinese banks typically take 2–5 business days from initial payment. Wise often delivers within 1–2 business days through its optimised SWIFT routing. Domestic CNAPS processing within China adds a few hours after the international transfer is received by the correspondent bank.
What bank details do I need to send money to a Chinese bank?
You need the recipient's full name (in Pinyin as on their bank account), account number, and SWIFT code or CNAPS code. Common SWIFT codes: ICBC (ICBKCNBJ), Bank of China (BKCHCNBJ), CCB (PCBCCNBJ), ABC (ABOCCNBJ). You may also need the bank's branch address. China does not use IBAN.
What is the $50,000 annual remittance limit for China?
SAFE rules allow each Chinese citizen to convert up to USD 50,000 equivalent of foreign currency per calendar year through their bank. Inbound personal transfers contribute to this limit. For amounts above $50,000, recipients need SAFE approval and documentation proving legitimate purpose (business, education, medical, etc.). This is a recipient-side limit, not a restriction on the sender.
Can I send money directly to Alipay or WeChat Pay?
Direct international funding of Alipay and WeChat Pay from foreign countries is restricted. Some providers offer 'Alipay transfers' that actually go via a Chinese bank account linked to the Alipay account. The recipient can then transfer from their bank to Alipay instantly. Western Union and MoneyGram partner with Alipay for some corridors. WorldRemit supports Alipay delivery on select routes.
Are there taxes on money received from abroad in China?
Genuine personal remittances (e.g. family support, gifts) below the SAFE annual limit are not taxed in China. However, China has been tightening enforcement of its individual income tax rules — large regular receipts that look like income may trigger questions from tax authorities. Recipients should ensure transfers have clear documented purposes. Business income remitted to China is fully taxable.
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