Companies for transfers from China to New Zealand
"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 advice & no max transfer limit."
"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 advice & no max transfer limit."
"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."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Best recommended: Wise
Of the 4 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 50% of China to New Zealand searches, and was the top rated company supporting CNY to NZD transfers.
Make your China to New Zealand transfer using Wise for the best mix of cost and speed.
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How to get the best deal on sending money from China to New Zealand
Understanding China to New Zealand money transfers
Comparing providers when sending money from China to New Zealand is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Yuan Renminbi to New Zealand. This ensures you will get the best options for your transfer to New Zealand from China.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from China to New Zealand.
Cheapest way to send money from China to New Zealand: Regency FX
Our data shows, over the past six months, that Regency FX is 0.4% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* CNY and a CNY-NZD exchange rate for international transfers that is 0.15% different to the mid-market rate.
Securing the best rates on a CNY to New Zealand transfer can be done with Regency FX but you can always search for your specific amount.
*The most common fee applied by Regency FX when sending CNY-NZD, based on data from the past six months.
Fastest way to send money from China to New Zealand: TorFx.
Data from the last six months shows TorFx to be the quickest way to send money from China to New Zealand Dollar in 100% of searches. For fast transfers between CNY and NZD, TorFx comes highly recommended.
Using TorFx for fast transfers from China to New Zealand has an average fee of 0 CNY.
Within our comparison we looked at the 4 money transfer providers offering transfers from China to New Zealand. Within this we looked at overall speed of sending money from China to New Zealand after depositing Yuan Renminbi to a money transfer account.
When faster money transfers are a priority, TorFx is our recommended choice for sending into New Zealand from China.
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Sending large sums of money?
Of the 4 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to New Zealand from China can be expensive.
Wise is our choice for big transfers to CNY because of all round price, speed and management when making large transfers.
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Understanding the costs involved when transferring money from China to New Zealand
When calculating the costs of money transfers between China and New Zealand, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CNY-NZD mid-market rate equals 0.2402 NZD per Yuan Renminbi.
For reference, the CNY-NZD average mid-market rate for the past three months has been 0.2321 NZD per Yuan Renminbi, with a high of 0.2326 and a low of 0.2315.
The company offering the best exchange rate is Wise.
Often the CNY-NZD exchange rate you receive is the bigger factor than how much it costs to send Yuan Renminbis to New Zealand.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Regency FX, averaging 0 CNY over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in New Zealand Dollar is the biggest indicator the total cost of sending money from China to New Zealand. Essentially, the more the recipient receives in New Zealand, the less it is costing to send from China.
Getting best exchange rate for transfers between Yuan Renminbi and New Zealand Dollar
Timing is essential for transferring money between CNY and NZD. The exchange rate you secure impacts how much NZD you get for your CNY.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from CNY to NZD has moved slightly. On average, it was 0.2321.
During this same period,there was a high of 0.2326, and a low of 0.2315.
Wise, which is our recommended service to send money online from China to New Zealand offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CNY-New Zealand Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from China to New Zealand!
How to pay for money transfers between China and New Zealand
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between New Zealand and China.
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 China to New Zealand.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CNY to NZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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