Best companies for EUR/CNY transfers
7 of 7 providers Last updated on 28 October 2026
Based on 7,000 EUR transfer Best companies for EUR/CNY transfers Sort Cheapest
Promoted Wise Pay via Debit card	Fee €417.31 1 EUR = 7.4113 CNY +0.01% vs mid-market	Recipient gets ¥48,786.42 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in China with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €417.311 EUR = 7.4113 CNY ¥48,786.42You pay€7,000.00
Promoted TorFx Pay via Bank transfer	Fee €0.00 1 EUR = 7.3902 CNY +0.30% vs mid-market	Recipient gets ¥51,731.20 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in China with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 7.3902 CNY ¥51,731.20You pay€7,000.00
Run a live search Showing top Germany to China deals for 7,000 EUR. 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 EUR to CNY rates.
Run a live search These companies offer multi-currency accounts for spending CNY. We suggest doing a live search based on how much EUR you're planning to spend in China.
Run a live search These are managed services with real human support for large EUR 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 EUR = 7.3924 CNY +0.27% vs mid-market	Recipient gets ¥51,746.76 Minutes - 24 hours
9 reviews Cheapest Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in China with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 7.3924 CNY ¥51,746.76You pay€7,000.00
TorFx Pay via Bank transfer	Fee €0.00 1 EUR = 7.3902 CNY +0.30% vs mid-market	Recipient gets ¥51,731.20 Minutes - 24 hours
2 reviews Personal account managerReceive to bank accountIdeal for buying property abroad
Ways to receive money in China with TorFx when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 7.3902 CNY ¥51,731.20You pay€7,000.00
OFX Pay via Bank transfer	Fee €0.00 1 EUR = 7.3753 CNY +0.50% vs mid-market	Recipient gets ¥51,627.42 Minutes - 24 hours
7 reviews Personal account managerReceive to bank account
Ways to receive money in China with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 EUR = 7.3753 CNY ¥51,627.42You pay€7,000.00
Moneycorp Pay via Bank transfer	Fee €0.00 1 EUR = 7.3086 CNY +1.40% vs mid-market	Recipient gets ¥51,160.44 Minutes - 2 days
0 reviews
Ways to receive money in China with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 EUR = 7.3086 CNY ¥51,160.44You pay€7,000.00
$0 fee on first online transfers MoneyGram Pay via Debit card	Fee €9.99 1 EUR = 7.2674 CNY +1.98% vs mid-market	Recipient gets ¥50,871.80 Minutes - 24 hours
2 reviews
Ways to receive money in China with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Card depositMinutes - 24 hoursAvailable via:UnionPay Cards €9.991 EUR = 7.2674 CNY ¥50,871.80You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:WeChat €9.991 EUR = 6.6852 CNY ¥46,796.40You pay€7,009.99

$0 fee on first online transfers MoneyGram Pay via Credit card	Fee €9.99 1 EUR = 7.2674 CNY +1.98% vs mid-market	Recipient gets ¥50,871.80 Minutes - 24 hours
2 reviews
Ways to receive money in China with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Card depositMinutes - 24 hoursAvailable via:UnionPay Cards €9.991 EUR = 7.2674 CNY ¥50,871.80You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:WeChat €9.991 EUR = 6.6852 CNY ¥46,796.40You pay€7,009.99
$0 fee on first online transfers MoneyGram Pay via Bank transfer	Fee €9.99 1 EUR = 7.2674 CNY +1.98% vs mid-market	Recipient gets ¥50,871.80 Minutes - 24 hours
2 reviews
Ways to receive money in China with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Card depositMinutes - 24 hoursAvailable via:UnionPay Cards €9.991 EUR = 7.2674 CNY ¥50,871.80You pay€7,009.99 Mobile walletMinutes - 24 hoursAvailable via:WeChat €9.991 EUR = 6.6852 CNY ¥46,796.40You pay€7,009.99
TapTap Send Pay via Debit card	Fee €0.00 1 EUR = 7.2300 CNY +2.49% vs mid-market	Recipient gets ¥50,610.00 Minutes
0 reviews Receive to bank account
Ways to receive money in China with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutesAvailable via:Alipay, WeChat/Weixin Free1 EUR = 7.2300 CNY ¥50,610.00You pay€7,000.00 Card depositMinutesAvailable via:Bank China, UnionPay Free1 EUR = 7.2300 CNY ¥50,610.00You pay€7,000.00 Bank depositMinutesAvailable via:Banks (DEPRECATED) Free1 EUR = 7.2300 CNY ¥50,610.00You pay€7,000.00
Wise Pay via Debit card	Fee €417.31 1 EUR = 7.4113 CNY +0.01% vs mid-market	Recipient gets ¥48,786.42 Within minutes
25 reviews FastestRecommended Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in China with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €417.311 EUR = 7.4113 CNY ¥48,786.42You pay€7,000.00

Wise Pay via Credit card	Fee €417.31 1 EUR = 7.4113 CNY +0.01% vs mid-market	Recipient gets ¥48,786.42 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in China with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer €417.311 EUR = 7.4113 CNY ¥48,786.42You pay€7,000.00
How Our Results Work Mid-market rate: 1 EUR = 7.4124 CNY Updates every 60 minutes.

Why compare

EUR/CNY exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Germany to China

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 27 of the 27 days it quoted €7,000 transfers to China.

On a 7,000 EUR transfer, Regency FX delivers the most CNY.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/CNY rate.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to China?

How much EUR you send to China heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from €7,000 it quoted, and in 100% of all the transfers it quoted.


€1,000	0.26%	€0.00	¥7,395.80with debit card to bank deposit	+¥84.56
€5,000	0.30%	€0.00	¥36,957.43with bank transfer to bank deposit	+¥494.79
€7,000This page	0.27%	€0.00	¥51,746.76with bank transfer to bank deposit	+¥1,040.35
€50,000	0.25%	€0.00	¥369,833.40with bank transfer to bank deposit	+¥3,563.08

Mid-market rate: 1 EUR = 7.4124 CNY

EUR/CNY Exchange Rate History

Is today a good time to send money from Germany to China?

The cheapest way to send EUR to CNY can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 7,000 EUR transfers to China.

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more CNY per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of CNY on every transfer from Germany.

Right now, Regency FX pays 51,746.76 CNY on 7,000 EUR, which is 140.1 CNY less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 53,224.78 CNY.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Ways to send money from Germany to China

There are 7 companies for sending money from Germany to China, across broker, online, app, global account, in person, and multi-currency account, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with Moneycorp to China gets you 51,160.44 CNY with a €0 fee and 1.4% markup.

In our comparisons over the past month, it was the cheapest online service on 8 of the 27 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to China.

For large transfers from Germany

Currency brokers

For buying property, moving to China, or moving pensions, a currency broker is the best option.

A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/CNY which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to China.

Be it overseas suppliers and contractors, receiving CNY payments, or holding CNY and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and CNY in one account.

You get CNY bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert CNY to EUR or EUR to CNY whenever you need.

The best multi-currency account is Wise, it adds ~0.01% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund EUR and receive CNY in China

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 51,746.76 CNY.

You can pay for the transfer using bank transfer, debit card, and credit card.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to China.

The recipient in China can receive CNY by bank deposit, card deposit, and mobile wallet.

To receive CNY by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

1

Bank transfer Bank deposit

You pay €7,000.00

元51,747

Cheapest
2

Bank transfer Card deposit

You pay €7,009.99

元50,872

-元875
3

Debit card Card deposit

You pay €7,009.99

元50,872

-元875
4

Credit card Card deposit

You pay €7,009.99

元50,872

-元875
5

Debit card Mobile wallet

You pay €7,000.00

元50,610

-元1,137

Show moreShow less

6

Debit card Bank deposit

You pay €7,000.00

元50,610

-元1,137
7

Credit card Bank deposit

You pay €7,000.00

元48,786

-元2,960
8

Bank transfer Mobile wallet

You pay €7,009.99

元46,796

-元4,950
9

Credit card Mobile wallet

You pay €7,009.99

元46,796

-元4,950

Things to know before sending money from Germany to China

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/CNY transfer options

For a €7,000 transfer to China, these are the best options:

Cheapest way to send money to China

The cheapest option is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 51,746.76 CNY, which is 0.03% more than the next best option.

Fastest way to send money to China

The fastest option is Wise. Pay by debit card and choose bank deposit for the payout. Your recipient gets 48,786.42 CNY in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into CNY sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 7 of them on EUR to China, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 78 comparisons across 4 amounts.

This page covers the cheapest and fastest options for EUR/CNY transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on who we are, why you can trust us and how to get 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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Tue, 29 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	7.6241	–	¥53,368.88
Regency FX Cheapest	7.6035	€0.00	¥53,224.78	−¥144.10
TorFx	7.6013	€0.00	¥53,208.77	−¥160.11
OFX	7.5860	€0.00	¥53,102.03	−¥266.85

Wed, 30 Sept 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	7.6084	–	¥53,258.54
Regency FX Cheapest	7.5878	€0.00	¥53,114.74	−¥143.80
TorFx	7.5855	€0.00	¥53,098.77	−¥159.77
OFX	7.5703	€0.00	¥52,992.25	−¥266.29

Thu, 1 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	7.5852	–	¥53,096.10
Regency FX Cheapest	7.5647	€0.00	¥52,952.74	−¥143.36
TorFx	7.5624	€0.00	¥52,936.81	−¥159.29
OFX	7.5472	€0.00	¥52,830.62	−¥265.48

Fri, 2 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	7.5497	–	¥52,848.01
Regency FX Cheapest	7.5293	€0.00	¥52,705.32	−¥142.68
TorFx	7.5271	€0.00	¥52,689.46	−¥158.54
OFX	7.5120	€0.00	¥52,583.76	−¥264.24

Sat, 3 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	7.5489	–	¥52,842.24
Regency FX Cheapest	7.5285	€0.00	¥52,699.56	−¥142.68
TorFx	7.5262	€0.00	¥52,683.71	−¥158.53
OFX	7.5111	€0.00	¥52,578.03	−¥264.21

How to send money to China from Germany with the best EUR-CNY rate

Best companies for EUR/CNY transfers