Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Australia to China searches, and was the top rated company out of 4 that support AUD to CNY.
So for a great mix of cost, speed & features, make your Australia to China transfer using Wise.
How to get the best deal on your Australia to China transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Australia to China.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Australia to China
Don't settle for the first option. Always compare ways to send money from Australia to China to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Australia and China.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to China.
Cheapest way to send money to China from Australia: Instarem
Data collected over the past six months shows that Instarem is 0.7% cheaper than the second-best option.
The $4.96 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 Instarem to send your money online.
*The most common fee applied to AUD-CNY by Instarem, based on data from the past six months.
Fastest way to send money from Australia to China: Remitly
Our data shows that Remitly came up as the fastest way to send money from Australia to China in 50% of searches. This makes them well suited to urgent AUD to CNY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Australia to China - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Remitly is your best choice at the moment. This service emerged as the quickest way to send money to China from Australia in 50% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
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 costs involved when moving money from Australia to China
When calculating the costs of money transfers between Australia and China, here's what really matters:
The Mid-Market Rate: Today, the AUD-CNY mid-market rate equals 4.745898 CNY per Australian Dollar.
The AUD-CNY average exchange rate for the past three months has been 4.7206 CNY per Australian Dollar, with a high of 4.7801 and a low of 4.6615.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from AUD to CNY.
How to find the best exchange rate for to
Timing is essential for sending money between AUD and CNY. The exchange rate you secure impacts how much CNY you get for your AUD.
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 4.7206.
During this period, the highest value recorded was 4.7801, while the lowest was 4.6615.
Wise, which is our recommended service to send money online from Australia to China offers an exchange rate that is only 0% 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 default option for sending money from Australia to China.
By using a money transfer company such as Instarem for transfers from Australia to China, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 4 we tested when sending AUD to China.
With an average fee of AUD5.67 to send money from Australia to China, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Australia to China with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Australia to China, competing among a total of 4 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Australia to China, Instarem emerges as our top choice of the 4 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card 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.
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