Regency FX is cheapest for sending money to the Philippines when you pay by bank transfer and receive by bank deposit. Sending CNY 50,000 gets you 463,708.9 PHP.
| 2 of 2 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze CNY/PHP exchange rates from our comparisons. | |||
| Based on 50,000 CNY transfer Best companies for CNY/PHP transfersAll money transfer offers for CNY/PHP transfers, sorted by most PHP received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee ¥411.46 1 CNY = 9.2967 PHP +0.03% vs mid-market | Recipient gets ₱461,008.79 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer ¥411.461 CNY = 9.2967 PHP ₱461,008.79You pay¥50,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee ¥0.00 1 CNY = 9.2742 PHP +0.27% vs mid-market | Recipient gets ₱463,708.90 Minutes - 24 hours | |
Ways to receive money in Philippines with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 CNY = 9.2742 PHP ₱463,708.90You pay¥50,000.00 | |||
Run a live search Showing top China to Philippines deals for 50,000 CNY. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live CNY to PHP rates. | |||
Run a live search These companies offer multi-currency accounts for spending PHP. We suggest doing a live search based on how much CNY you're planning to spend in Philippines. | |||
Run a live search These are managed services with real human support for large CNY transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee ¥0.00 1 CNY = 9.2742 PHP +0.27% vs mid-market | Recipient gets ₱463,708.90 Minutes - 24 hours | |
Ways to receive money in Philippines with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 CNY = 9.2742 PHP ₱463,708.90You pay¥50,000.00 | |||
| Wise Pay via Bank transfer | Fee ¥411.46 1 CNY = 9.2967 PHP +0.03% vs mid-market | Recipient gets ₱461,008.79 Within a week | |
Ways to receive money in Philippines with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer ¥411.461 CNY = 9.2967 PHP ₱461,008.79You pay¥50,000.00 | |||
| Wise Pay via Alipay | Fee ¥1,066.87 1 CNY = 9.2967 PHP +0.03% vs mid-market | Recipient gets ₱454,915.65 Within a week | |
Ways to receive money in Philippines with Wise when paying by alipay. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer ¥1,066.871 CNY = 9.2967 PHP ₱454,915.65You pay¥50,000.00 | |||
| How Our Results Work Mid-market rate: 1 CNY = 9.299286 PHP Updates every 60 minutes. | |||
Transfer details
I suggest starting with Regency FX which is the cheapest option for sending 元50,000.
You have 2 ways to pay, including bank transfer and alipay.
A transfer from your Chinese bank account is the standard way, and you may be asked for the purpose of the transfer.
Some companies also take an Alipay top-up if you're a foreign resident.
What you need depends on who you are.
Foreign residents make transfers against a tax certificate, which is what sets your transfer limit.
Chinese citizens are limited by the yearly allowance, with the transfer purpose documented at the bank.
There are 2 companies that send money from China to the Philippines.
For sending salary abroad
Foreign residents can send their after-tax salary out of China to Philippines.
The money transfer service will ask for tax records and set the sending limit based on verified income.
With Wise your recipient gets 461,008.79 PHP on 元50,000 transfer in within a week.
For paying overseas suppliers
Documented trade payments are supported by invoices and sit outside the personal foreign-exchange allowance.
WorldFirst and Payoneer can manage regular business payments from China to Philippines and foreign-currency balances.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 元50,000 gives your recipient 463,708.9 PHP.
You pay for your transfer from China using bank transfer and alipay.
Paying through a mainland Chinese bank
Your bank may ask for the transfer purpose and supporting documents before allowing you to send money to Philippines.
Education, family support and your own overseas expenses may require different evidence.
For withdrawal in the Philippines, you can choose bank deposit.
You pay 元50,000.00
₱463,709
Cheapest
You pay 元50,000.00
₱454,916
-₱8,793
The legal route depends on whether you are a Chinese citizen converting personal foreign exchange or a foreign worker sending taxed salary abroad.
There are 2 companies in this comparison for a CNY 50,000 transfer to the Philippines. This example assumes an eligible foreign worker is sending documented salary to an account in their own name.
Cheapest way to send money to the Philippines
The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your account in the Philippines receives 463,708.9 PHP, which is 0.58% more than the next best option.
Fastest way to send money to the Philippines
Regency FX delivers 463,708.9 PHP in minutes - 24 hours using the same bank transfer and bank deposit chain.
A Chinese citizen can normally purchase up to the equivalent of US$50,000 in foreign currency per calendar year for permitted personal current-account uses.
The allowance is not permission to buy overseas property or securities.
Do not borrow another person's allowance or split a payment to get around the rule.
For tuition or another documented overseas service, the bank can process the payment against the admission letter, invoice and other evidence it requests.
A foreign resident's lawful after-tax salary follows a different route from the citizen allowance.
The bank or transfer company will usually ask for a passport, work or residence permit, tax record and evidence of salary.
The amount you can send is tied to income you can document.
Keep the tax certificate and bank salary records together before sending money home.
Alipay can fund the Chinese side when a supported transfer company offers it.
Alipay and WeChat Pay do not provide unrestricted person-to-person transfers from China to the Philippines.
The transfer still needs a permitted purpose or documented taxed income.
Avoid any person who promises to move unlimited money through private accounts, crypto or somebody else's quota.
The rate affects how much PHP reaches the account for your CNY.
Mid-market rate:1 CNY = 9.334276 PHP
We only list companies that can genuinely send money out of mainland China, which is a short list and depends on whether you're a resident or a foreign national.
We track 2 of them on CNY to the Philippines in real time on live comparisons, comparing rates, fees and payout options, and each goes through our review.
More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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