How to send money to China from India with the best INR-CNY rate
Compare the best ways to send money from India to China. Find the cheapest, fastest, and most reliable providers with the best INR to CNY exchange rates.
Explore the best deals, read expert information, and discover all you need to send money to China from India.
"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."
"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."
"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."
"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."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"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."
"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."
Overall top choice: Wise
Of the 5 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 22,100 INR to CNY will cost you ₹958.01 in fees, and you will receive 1,652.41 CNY.
When sending money from India to China, using Wise in a great option.
How to get the best deal on your India to China transfer
Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from India to China.
Choose a provider
Select the provider that offers you the best value & service for transfers between India and China.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to China.
Summary of recent searches
Considerations ahead of sending money from India to China
A comparison of providers offering services between India 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 5 providers that provide services for sending Indian Rupee to China. This ensures you will get the best options for your transfer to China from India.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from India to China.
The fastest way to send money to China from India is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many INR/CNY transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to China from India is via PayPal P2P Transfer
The coverage of INR/CNY transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a INR transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Send large sums of money abroad with Currencies Direct
From the 5 options we compared, Currencies Direct offers the strongest all-round option for large transfers to China from India.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Yuan Renminbis to Yuan Renminbi.
As such, we recommend Currencies Direct for large China transfers.
Understanding the cost of sending money to China from India
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 INR-CNY is 0.0783 CNY per Indian Rupee.
Finding a provider offering an exchange as close to 0.0783 as possible will ensure more Yuan Renminbi received when transferring.
For context, the INR-CNY mid-market rate for the past week has averaged 0.0785 CNY per Indian Rupee. This includes a high of 0.0787, and low of 0.0782.
Wise currently offers the best exchange rate on transfers from India to China.
For the most part the INR-CNY exchange rate you receive is the biggest factor impacting the cost of sending INR to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Ria Money Transfer currently offers the lowest fees on transfers to China from India, costing 4 INR per transfer. 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 Indian Rupees to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for Indian Rupee to Yuan Renminbi
Timing is essential for sending money between INR and CNY. The exchange rate you secure impacts how much CNY you get for your INR.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from INR to CNY has seen some fluctuation. On average, it stood at 0.0785.
During this period, the highest value recorded was 0.0787, while the lowest was 0.0782.
Wise, which is our recommended service to send money online from India to China offers an exchange rate that is only -0.01% above the mid-market rate.
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Payment methods available to fund your India to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to China.
Sending money via a bank transfer with a company such as Ria Money Transfer for transfers from India to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Ria Money Transfer is the best provider for bank transfers of the 5 we tested when sending INR to China.
With a fee of INR4 to send money from India to China, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to China with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from India to China, competing among a total of 5 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
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 India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 India to China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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Tools & resources
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