Companies for transfers to China

Sponsored - Online

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 1.3%

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%
Fees
$0 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2%

"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%
Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.7% - 2%

"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%

Overall top choice: Wise

Wise is the best way to transfer Australian Dollar into Yuan Renminbi.

Of the 9 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.

Over the last six months, Wise appeared in 33.3% of searches for transfers between Australia and China.

When sending money from Australia to China, using Wise in a great option.

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How to get the best deal on your Australia to China transfer

Summary of recent searches

Top rated for transfers from Australia to China
Wise
Total number of AU - CN providers
9
Average cheapest fees & rate
Revolut
Average fastest transfer
Airwallex
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Instarem
Best for credit card
Instarem

Considerations ahead of sending money from Australia to China

1
Compare providers

A comparison of providers offering services between Australia and China, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.

We’ve compared 9 providers that provide services for sending Australian Dollar to China. This ensures you will get the best options for your transfer to China from Australia.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Australia to China.

2
Get ahead of the Australian Dollar-Yuan Renminbi exchange rate
3
Choose the right payment method
4
Financial regulation in China and Australia
5
Consider transfer limits
6
Receiving money in China
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to China from Australia: Revolut

Get the lowest fees with Revolut - the cheapest transfer service at just $0 per transaction*

Data collected over the past six months shows that Revolut is 0.3% cheaper than the second-best option.

The $0 transfer cost represents the most common fee for AUD to CNY international transfers, based on data from the past six months.

If you want to secure the best rates on a AUD to China transfer, make sure you pick Revolut to send your money online.

*The most common fee applied to AUD-CNY by Revolut, based on data from the past six months.

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Fastest way to transfer money to China from Australia: Airwallex.

We tested 9 companies offering transfers from Australia to China and Airwallex offered the quickest option.

Airwallex was the quickest way to send Australian Dollar to Yuan Renminbi in 44.4% of searches. For fast transfers between AUD and CNY, Airwallex comes highly recommended.

When using Airwallex to send money from Australia to China you can expect an average fee of 0 AUD. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 9 money transfer providers. To test overall speed of sending money from Australia to China we included the timeframe for depositing Australian Dollar to a money transfer account and average transfer times to China.

When sending money to China from Australia quickly is a priority, Airwallex is our recommended choice.

Need to send over $10,000?

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.


While Wise may not always be the cheapest or fastest way to send AUD from Australia to China, it’s the provider that will keep you safe and relaxed while your money moves into CNY.

Understanding the cost of sending money to China from Australia

The cost of sending money from China to China, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from AUD-CNY is 4.5621 CNY per Australian Dollar.

  • Finding a provider offering an exchange as close to 4.5621 as possible will ensure more Yuan Renminbi received when transferring.

  • For context, the AUD-CNY mid-market rate for the past three months has averaged 4.8133 CNY per Australian Dollar. This includes a high of 4.8231, and low of 4.7618.

  • Wise currently offers the best exchange rate on transfers from Australia to China.

For the most part the AUD-CNY exchange rate you receive is the biggest factor impacting the cost of sending AUD to China.

Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to China from Australia, averaging 0 AUD over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Yuan Renminbi is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Australian Dollars to CNY, paired with a low fee, means a higher total amount received in China.

How to find the best exchange rate for Australia to China

Timing is essential for sending money between AUD and CNY. The exchange rate you secure impacts how much CNY you get for your AUD.

Mid-market Rate
1
= 4.562143 CNY

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from AUD to CNY has seen some fluctuation. On average, it stood at 4.8133.

  • During this period, the highest value recorded was 4.8231, while the lowest was 4.7618.

  • Wise, which is our recommended service to send money online from Australia to China offers an exchange rate that is only -0.01% above the mid-market rate.

Want to secure the best AUD-Yuan Renminbi exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Australia to China!

Payment methods available to fund your Australia to
China transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from Australia to China.

    Sending money via a bank transfer with a company such as Revolut for transfers from Australia to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, Revolut is the best provider for bank transfers of the 9 we tested when sending AUD to China.

    With an average fee of AUD0 to send money from Australia to China, Revolut offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Australia to China with a prepaid or a debit card is very simple with Instarem.


    Instarem is a leader in card payments for transfers from Australia to China, competing among a total of 9 active money transfer companies on this route.

  • Credit cards

    When it comes to transferring money with a credit card from Australia to China, Wise emerges as our top choice of the 9 companies offering this service.

    Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between China and Australia.


Our comparison engine and algorithms evaluate providers based on over 25 factors.

We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.

This thorough analysis helps you get the best available deal - every time you want to move money from Australia to China.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to CNY.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

FAQs

How much money can be transferred from Australia to China?
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