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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 67.9% of China to South Africa searches, and was the top rated company out of 3 that support CNY to ZAR.
So for a great mix of cost, speed & features, make your China to South Africa transfer using Wise.
How to get the best deal on your China to South Africa transfer
Summary of recent searches
Important things to consider before sending money from China to South Africa
Don't settle for the first option. Always compare ways to send money from China to South Africa to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between China and South Africa.
Through this, you get a comprehensive view of all the options you have in China when you need to send money to South Africa.
Cheapest way to send money to South Africa from China: TorFx
Data collected over the past six months show that TorFx is 0% cheaper than the second-best option.
The 元0 transfer cost represents the most common fee for CNY to ZAR international transfers, based on data from the past six months.
If you want to secure the best rates on a CNY to South Africa transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to CNY-ZAR by TorFx, based on data from the past six months.
Fastest way to send money from China to South Africa: Wise
Our data shows that Wise came up as the fastest way to send money from China to South Africa in 64% of searches. This makes them well suited to urgent CNY to ZAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from China to South Africa - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to South Africa from China in 64% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CNY from China to South Africa, it’s the provider that will keep you safe and relaxed while your money moves into ZAR.
Understanding the costs involved when moving money from China to South Africa
When calculating the costs of money transfers between China and South Africa, here's what really matters:
The Mid-Market Rate: Today, the CNY-ZAR mid-market rate equals to 2.657351 ZAR per Yuan Renminbi. Keep in mind that this rate fluctuates all the time.
The CNY-ZAR average exchange rate of the past three months has been 2.6162 ZAR per Yuan Renminbi, with a high of 2.6621 and a low of 2.5143.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent CNY to ZAR rates that are only 0.07% away from the average.
How to find the best exchange rate for Yuan Renminbi to Rand
Timing is essential sending money between CNY and ZAR. The exchange rate you secure impacts how much ZAR you get for your CNY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CNY to ZAR has seen some fluctuation. On average, it stood at 2.6162.
During this period, the highest value recorded was 2.6621, while the lowest was 2.5143.
Wise, which is our recommended service to send money online from China to South Africa offers an exchange rate that is only 0.16% above the mid-market rate.
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Payment methods available to fund your China to South Africa transfer
Bank transfers
Bank transfers are often the default option for sending money from China to South Africa.
By using a money transfer company such as TorFx for transfers from China to South Africa, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, TorFx is the cheapest provider for bank transfers from the 3 we tested when sending CNY to South Africa.
With an average fee of CNY0 to send money from China to South Africa, TorFx offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from China to South Africa with a debit or a prepaid card is very simple with .
is a leader in debit card payments for transfers from China to South Africa, competing among a total of 3 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from China to South Africa, emerges as our top choice of the 3 companies offering this service.
Our comparison engine's last six months of data on CNY to ZAR searches show has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and China.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 South Africa .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CNY to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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