.svg)
Overall top choice: Wise
Of the 15 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 74.1% of searches for transfers between the United Kingdom and China.
When sending money from the United Kingdom to China, using Wise in a great option.
How to get the best deal on your United Kingdom 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 United Kingdom to China.
- Choose a provider
Select the provider that offers you the best value & service for transfers between the United Kingdom 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 United Kingdom to China
A comparison of providers offering services between the United Kingdom 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 15 providers that provide services for sending Pound Sterling to China. This ensures you will get the best options for your transfer to China from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to China.
Cheapest way to send money to China from the United Kingdom: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0.3% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Yuan Renminbi with Pound Sterling that is 0.13% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to China transfer, Revolut offers value. We would still recommend searching for the amount you want to send to China.
*The most common fee applied to GBP-CNY by Revolut, based on data from the past six months.
Fastest way to transfer money to China from the United Kingdom: Wise.
Wise was the quickest way to send Pound Sterling to Yuan Renminbi in 63% of searches. For fast transfers between GBP and CNY, Wise comes highly recommended.
When using Wise to send money from the United Kingdom to China you can expect an average fee of 9.65 GBP. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 15 money transfer providers. To test overall speed of sending money from the United Kingdom to China we included the timeframe for depositing Pound Sterling to a money transfer account and average transfer times to China.
When sending money to China from United Kingdom quickly is a priority, Wise is our recommended choice.
Transferring large sums of money
Of the 15 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to China.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from the United Kingdom to China can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to GBP because they offer a strong all-round product.
Understanding the cost of sending money to China from United Kingdom
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 GBP-CNY is 9.164 CNY per Pound Sterling.
Finding a provider offering an exchange as close to 9.164 as possible will ensure more Yuan Renminbi received when transferring.
For context, the GBP-CNY mid-market rate for the past three months has averaged 9.3027 CNY per Pound Sterling. This includes a high of 9.4284, and low of 9.015.
Wise currently offers the best exchange rate on transfers from the United Kingdom to China.
For the most part the GBP-CNY exchange rate you receive is the biggest factor impacting the cost of sending GBP to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to China from the United Kingdom, averaging 0 GBP over the last 6 months. 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 Pound Sterlings to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for Pound Sterling to Yuan Renminbi
Timing is essential for sending money between GBP and CNY. The exchange rate you secure impacts how much CNY you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to CNY has seen some fluctuation. On average, it stood at 9.3027.
During this period, the highest value recorded was 9.4284, while the lowest was 9.015.
Wise, which is our recommended service to send money online from United Kingdom to China offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best GBP-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 United Kingdom to China!
Payment methods available to fund your United Kingdom to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from the United Kingdom to China.
Sending money via a bank transfer with a company such as Revolut for transfers from the United Kingdom to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Revolut is the best provider for bank transfers of the 15 we tested when sending GBP to China.
With an average fee of GBP0 to send money from the United Kingdom to China, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United Kingdom to China with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from the United Kingdom to China, competing among a total of 15 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from the United Kingdom to China, Wise emerges as our top choice of the 15 companies offering this service.
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 United Kingdom.
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 United Kingdom to China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
