We compared 7 companies sending money from the United States to China. Regency FX is the best and cheapest, while TapTap Send is the fastest.
Sending $7,000 with Regency FX gets your recipient 46,865.87 CNY at 6.6951 CNY per USD.
| 7 of 7 providers Last updated on 27 September 2026 | |||
| Based on 7,000 USD transfer Best companies for USD/CNY transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee $68.48 1 USD = 6.7121 CNY +0.02% vs mid-market | Recipient gets ¥46,525.12 Same day | |
Ways to receive money in China with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $68.481 USD = 6.7121 CNY ¥46,525.12You pay$7,000.00 | |||
| Promoted  Xe Pay via Bank transfer | Fee $0.00 1 USD = 6.5940 CNY +1.79% vs mid-market | Recipient gets ¥46,158.00 Minutes - 24 hours | |
Ways to receive money in China with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 6.5940 CNY ¥46,158.00You pay$7,000.00 | |||
Run a live search Showing top United States to China deals for 7,000 USD. 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 USD 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 USD you're planning to spend in China. | |||
Run a live search These are managed services with real human support for large USD 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 USD = 6.6951 CNY +0.27% vs mid-market | Recipient gets ¥46,865.87 Minutes - 24 hours | |
Ways to receive money in China with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 6.6951 CNY ¥46,865.87You pay$7,000.00 | |||
 OFX Pay via Bank transfer | Fee $0.00 1 USD = 6.6797 CNY +0.50% vs mid-market | Recipient gets ¥46,757.79 Minutes - 24 hours | |
Ways to receive money in China with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 6.6797 CNY ¥46,757.79You pay$7,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Bank transfer | Fee $0.00 1 USD = 6.6524 CNY +0.91% vs mid-market | Recipient gets ¥46,566.80 Minutes - 24 hours | |
Ways to receive money in China with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:WeChat Free1 USD = 6.6524 CNY ¥46,566.80You pay$7,000.00 Card depositMinutes - 24 hoursAvailable via:UnionPay Cards $1.991 USD = 6.6328 CNY ¥46,429.60You pay$7,001.99 | |||
| Wise Pay via Bank transfer | Fee $68.48 1 USD = 6.7121 CNY +0.02% vs mid-market | Recipient gets ¥46,525.12 Same day | |
Ways to receive money in China with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:Bank Transfer $68.481 USD = 6.7121 CNY ¥46,525.12You pay$7,000.00 | |||
 Moneycorp Pay via Bank transfer | Fee $0.00 1 USD = 6.6193 CNY +1.40% vs mid-market | Recipient gets ¥46,334.85 Minutes - 2 days | |
Ways to receive money in China with Moneycorp when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 2 days Free1 USD = 6.6193 CNY ¥46,334.85You pay$7,000.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit card | Fee $0.00 1 USD = 6.6094 CNY +1.56% vs mid-market | Recipient gets ¥46,265.80 Minutes - 24 hours | |
Ways to receive money in China with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:WeChat Free1 USD = 6.6094 CNY ¥46,265.80You pay$7,000.00 Card depositMinutes - 24 hoursAvailable via:UnionPay Cards $1.991 USD = 6.5951 CNY ¥46,165.70You pay$7,001.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee $210.00 1 USD = 6.6094 CNY +1.56% vs mid-market | Recipient gets ¥46,265.80 Minutes - 24 hours | |
Ways to receive money in China with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Mobile walletMinutes - 24 hoursAvailable via:WeChat $210.001 USD = 6.6094 CNY ¥46,265.80You pay$7,210.00 Card depositMinutes - 24 hoursAvailable via:UnionPay Cards $177.991 USD = 6.5951 CNY ¥46,165.70You pay$7,177.99 | |||
| Xe Pay via Bank transfer | Fee $0.00 1 USD = 6.5940 CNY +1.79% vs mid-market | Recipient gets ¥46,158.00 Minutes - 24 hours | |
Ways to receive money in China with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 6.5940 CNY ¥46,158.00You pay$7,000.00 | |||
| Xe Pay via Debit card | Fee $35.00 1 USD = 6.5940 CNY +1.79% vs mid-market | Recipient gets ¥45,927.21 Minutes - 24 hours | |
Ways to receive money in China with Xe when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $35.001 USD = 6.5940 CNY ¥45,927.21You pay$7,000.00 | |||
 TapTap Send Pay via Debit card | Fee $0.00 1 USD = 6.5500 CNY +2.46% vs mid-market | Recipient gets ¥45,850.00 Minutes | |
Ways to receive money in China with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutesAvailable via:Alipay, WeChat/Weixin Free1 USD = 6.5500 CNY ¥45,850.00You pay$7,000.00 Card depositMinutesAvailable via:Bank China, UnionPay Free1 USD = 6.5500 CNY ¥45,850.00You pay$7,000.00 Bank depositMinutesAvailable via:Banks (DEPRECATED) Free1 USD = 6.5500 CNY ¥45,850.00You pay$7,000.00 | |||
| Xe Pay via Credit card | Fee $210.00 1 USD = 6.5940 CNY +1.79% vs mid-market | Recipient gets ¥44,773.26 Minutes - 24 hours | |
Ways to receive money in China with Xe when paying by credit card. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours $210.001 USD = 6.5940 CNY ¥44,773.26You pay$7,000.00 | |||
| How Our Results Work Mid-market rate: 1 USD = 6.7133 CNY Updates every 60 minutes. | |||
Transfer details
If you're sending a one-off transfer, then Regency FX is the best option.
For recurring transfers, I'd suggest using an app or a multi-currency account with MoneyGram.
For large transfers using a broker like Regency FX is the best option.
How much you send will affect the best option for you right now.
You have 3 ways to pay for your transfer to China, including bank transfer, debit card, and credit card.
Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).
You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.
I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).
First time round you'll need to confirm who you are.
An SSN isn't required, an ITIN or a foreign passport works with most companies here.
How much USD 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.
| Cheapest service | |||||
|---|---|---|---|---|---|
| $500 | -0.15% | $1.59 | ¥3,350.91with paypal to mobile wallet | +¥124.62 | |
| $2,000 | 0.16% | $0.00 | ¥13,405.40with bank transfer to bank deposit | +¥299.19 | |
| $5,000 | 0.50% | $0.00 | ¥33,398.42with bank transfer to bank deposit | +¥441.34 | |
| $7,000This page | 0.27% | $0.00 | ¥46,865.87with bank transfer to bank deposit | +¥657.64 | |
| $10,000 | 0.27% | $0.00 | ¥66,951.24with bank transfer to bank deposit | +¥978.04 |
Mid-market rate: 1 USD = 6.7133 CNY
There are 7 companies available for sending money from the US to China, across online, app, broker, global account, in person, and multi-currency account, and more.
For regular transfers home
If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.
MoneyGram charges $0 on a $7,000 transfer with 0.91% markup, saves your recipient's details for next time, and CNY arrives in minutes - 24 hours.
Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.
For one-off transfers
For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to China.
Of all online companies listed here, MoneyGram gets you the most CNY per USD.
On a $7,000 transfer, you will get 46,566.8 CNY after a $0 fee and 0.91% markup.
But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.
For transfers over $10,000
For large transfers to China (e.g. a property purchase, tuition, or moving to China), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/CNY that gets lower the more you send.
It's also good to check Wise since you get a bulk discount on transfers over $25,000.
Business payments from the US
Global accounts are for US businesses paying people abroad.
Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.
Holding & spending currencies
A multi-currency account like Wise is the best for holding and receiving CNY.
This is useful for traveling to China, building up CNY balance, or receiving payments in CNY.
Wise converts $7,000 at 0.02% markup plus small fee and holds the CNY until you spend it.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $7,000 gives your recipient 46,865.87 CNY.
Deposit USD by bank transfer, debit card, and credit card.
The simplest way is to pay from your US checking account
Pay by bank transfer using your routing and account numbers.
An ACH payment is usually cheaper than a card, but the it may take some time for it to clear before a money transfer company can send the money to China.
Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to China.
Your recipient in China can collect CNY through bank deposit, mobile wallet, and card deposit.
You pay $7,000.00
元46,866
Cheapest
You pay $7,000.00
元46,567
-元299
You pay $7,001.99
元46,430
-元436
You pay $7,000.00
元46,266
-元600
You pay $7,210.00
元46,266
-元600
You pay $7,001.99
元46,166
-元700
You pay $7,177.99
元46,166
-元700
You pay $7,000.00
元45,927
-元939
You pay $7,000.00
元44,773
-元2,093
The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.
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 46,865.87 CNY, which is 0.23% more than the next best option.
Fastest way to send money to China
The fastest option is TapTap Send. Pay by debit card and choose mobile wallet for the payout. Your recipient gets 45,850 CNY, with the money arriving in minutes.
Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.
Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.
The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.
There is no federal cap on how much of your own money you can send electronically abroad.
Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.
Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.
Do not split cash transactions to avoid a report.
The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.
You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.
You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.
Contact the company first and keep the receipt.
For transfers over $10,000, Wise is the best option.
It offers the best exchange rate, which is more important than the fee for large transfers to China.
While Wise may not always be the cheapest or fastest way to send CNY, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.
The rate changes how much CNY your recipient gets for your USD. Recent movement gives you a useful benchmark before you send.
Mid-market rate:1 USD = 6.71325 CNY
We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between China and United States.
We work with leading money transfer companies to provide real time fees and exchange rates.
We also conduct detailed company reviews, combined with in-depth analysis, we can offer the best deals on the market - every time you want to transfer money from United States to China.
For a deeper understanding of our commitment to integrity and transparency, check out these articles:
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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