How to send money to China from New Zealand with the best NZD-CNY rate
Compare the best ways to send money from New Zealand to China. Find the cheapest, fastest, and most reliable providers with the best NZD to CNY exchange rates.
Explore the best deals, read expert information, and discover all you need to send money to China from New Zealand.
Transferring the other way? Send CNY from China to New Zealand instead.
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
Overall top choice: Wise
Of the 8 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 10,000 NZD to CNY will cost you $86.7 in fees, and you will receive 40,450.43 CNY.
When sending money from New Zealand to China, using Wise in a great option.
How to get the best deal on your New Zealand 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 New Zealand to China.
Choose a provider
Select the provider that offers you the best value & service for transfers between New Zealand 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 New Zealand to China
A comparison of providers offering services between New Zealand 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 8 providers that provide services for sending New Zealand Dollar to China. This ensures you will get the best options for your transfer to China from New Zealand.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from New Zealand to China.
Cheapest way to transfer money to China from New Zealand: TorFx
Of the 8 providers compared, data shows that TorFx is 0.04% cheaper than the second-best option.
The is cost is made up of an average NZD-CNY exchange rate that is 0.3% different to the mid-market rate and an average fee of 0* NZD.
If you want to secure the best rates on a NZD to China transfer, TorFx will result in the most Yuan Renminbi received.
Fastest way to transfer money to China from New Zealand: TorFx.
For example, if you send 10,000 NZD with TorFx to China, the transfer time is minutes - 24 hours
When using TorFx to send money from New Zealand to China you can expect to pay 0 NZD in fees. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 8 money transfer providers. To test overall speed of sending money from New Zealand to China we included the timeframe for depositing New Zealand Dollar to a money transfer account and average transfer times to China.
When sending money to China from New Zealand quickly is a priority, TorFx is our recommended choice.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 8 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from New Zealand to China can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to China from New Zealand.
Understanding the cost of sending money to China from New Zealand
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 NZD-CNY is 4.0856 CNY per New Zealand Dollar.
Finding a provider offering an exchange as close to 4.0856 as possible will ensure more Yuan Renminbi received when transferring.
For context, the NZD-CNY mid-market rate for the past week has averaged 4.0522 CNY per New Zealand Dollar. This includes a high of 4.0807, and low of 3.9839.
Wise currently offers the best exchange rate on transfers from New Zealand to China.
For the most part the NZD-CNY exchange rate you receive is the biggest factor impacting the cost of sending NZD to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. TorFx currently offers the lowest fees on transfers to China from New Zealand, costing 0 NZD 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 New Zealand Dollars to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for New Zealand Dollar to Yuan Renminbi
Timing is essential for sending money between NZD and CNY. The exchange rate you secure impacts how much CNY you get for your NZD.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from NZD to CNY has seen some fluctuation. On average, it stood at 4.0522.
During this period, the highest value recorded was 4.0807, while the lowest was 3.9839.
Wise, which is our recommended service to send money online from New Zealand to China offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best NZD-Yuan Renminbi exchange rates?
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Payment methods available to fund your New Zealand to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from New Zealand to China.
Sending money via a bank transfer with a company such as TorFx for transfers from New Zealand to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, TorFx is the best provider for bank transfers of the 8 we tested when sending NZD to China.
With a fee of NZD0 to send money from New Zealand to China, TorFx offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from New Zealand to China with a prepaid or a debit card is very simple with Remitly.
Remitly is a leader in card payments for transfers from New Zealand to China, competing among a total of 8 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 New Zealand.
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 New Zealand to China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NZD 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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