How to send money to China from US with the best USD-CNY rate
Compare the best ways to send money from the United States to China. Find the cheapest, fastest, and most reliable providers with the best USD to CNY exchange rates.
Explore the best deals, read expert information, and discover all you need to send money to China from United States.
Transferring the other way? Send CNY from China to United States 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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"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."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
Overall top choice: Wise
Of the 11 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Sending 7,000 USD to CNY will cost you $68.37 in fees, and you will receive 48,950.82 CNY.
When sending money from the United States to China, using Wise in a great option.
How to get the best deal on your United States 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 States to China.
Choose a provider
Select the provider that offers you the best value & service for transfers between the United States 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 States to China
A comparison of providers offering services between the United States 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 11 providers that provide services for sending US Dollar to China. This ensures you will get the best options for your transfer to China from the United States.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to China.
Cheapest way to send money to China from the United States: Remitly
They offer a fee of 0 USD and exchange rate between USD-CNY that is 0.05% different to the mid-market rate.
In comparison, Remitly is 0.22% cheaper than the second-best option.
To secure affordable and great rates on a USD to China transfer, Remitly is our recommended choice.
Fastest way to transfer money to China from the United States: Wise.
For example, if you send 7,000 USD with Wise to China, the transfer time is same day
When using Wise to send money from the United States to China you can expect to pay 68.37 USD in fees. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 11 money transfer providers. To test overall speed of sending money from the United States to China we included the timeframe for depositing US Dollar to a money transfer account and average transfer times to China.
When sending money to China from United States quickly is a priority, Wise is our recommended choice.
The best apps to send USD to China from United States
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 11 apps & companies for USD/CNY transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 2.6K reviews Android: 4.4 / 4.19K reviews | Yes (30+ currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) |
Send large sums of money abroad with Currencies Direct
From the 11 options we compared, Currencies Direct offers the strongest all-round option for large transfers to China from the United States.
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 United States
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 USD-CNY is 7.0581 CNY per US Dollar.
Finding a provider offering an exchange as close to 7.0581 as possible will ensure more Yuan Renminbi received when transferring.
For context, the USD-CNY mid-market rate for the past week has averaged 7.0688 CNY per US Dollar. This includes a high of 7.0717, and low of 7.0636.
Wise currently offers the best exchange rate on transfers from the United States to China.
For the most part the USD-CNY exchange rate you receive is the biggest factor impacting the cost of sending USD to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Remitly currently offers the lowest fees on transfers to China from the United States, costing 0 USD 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 US Dollars to CNY, paired with a low fee, means a higher total amount received in China.
How to find the best exchange rate for US Dollar to Yuan Renminbi
Timing is essential for sending money between USD and CNY. The exchange rate you secure impacts how much CNY you get for your USD.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from USD to CNY has seen some fluctuation. On average, it stood at 7.0688.
During this period, the highest value recorded was 7.0717, while the lowest was 7.0636.
Wise, which is our recommended service to send money online from United States to China offers an exchange rate that is only 0.04% above the mid-market rate.
Want to secure the best USD-Yuan Renminbi exchange rates?
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Payment methods available to fund your United States to China transfer
Bank transfers
Bank transfers are often the better option for money transfers from the United States to China.
Sending money via a bank transfer with a company such as Remitly for transfers from the United States to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Remitly is the best provider for bank transfers of the 11 we tested when sending USD to China.
With a fee of USD0 to send money from the United States to China, Remitly offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to China with a prepaid or a debit card is very simple with Xe.
Xe is a leader in card payments for transfers from the United States to China, competing among a total of 11 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 United States.
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 States to China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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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