.svg)
Companies for transfers from China to South Africa
"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."
"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."
Overall best option: Wise
Of the 9 companies that support CNY to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 82.6% of China to South Africa searches, consistently scoring as one of the best ways to send CNY to ZAR.
So for a great mix of cost, speed & features, send Yuan Renminbis to South Africa using Wise.
Compare for the best deal on your China to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from China to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for CNY to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from China to South Africa
A comparison of providers offering services between China and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Yuan Renminbi to South Africa we've compared 9 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from China.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from China to South Africa.
Cheapest way to send money from China to South Africa: Moneycorp
Our data shows, over the past six months, that Moneycorp is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* CNY and a CNY-ZAR exchange rate for international transfers that is 1.98% different to the mid-market rate.
Securing the best rates on a CNY to South Africa transfer can be done with Moneycorp but you can always search for your specific amount.
*The most common fee applied by Moneycorp when sending CNY-ZAR, based on data from the past six months.
Fastest money transfers to South Africa from China: Moneycorp.
Through our research, we found Moneycorp to be the quickest way to send CNY into Rand in 42% of instances. For fast transfers between CNY and ZAR, Moneycorp is generally a good option.
Money transfers from China to South Africa through Moneycorp have an average fee of 0 CNY.
To confirm that Moneycorp was the 'fastest' option we compared 9 money transfer providers for overall speed of sending money from China to South Africa. This was made up of depositing Yuan Renminbi to a money transfer account and transfer times to South Africa.
When sending quickly is a priority, Moneycorp is our recommended choice for sending into South Africa from China.
Need to make a large transfer?
Wise is the best option for large transfers of the 9 providers compared.
While Wise may not always be the cheapest or fastest way to send CNY from China to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money from China to South Africa
When calculating the costs of money transfers between China and South Africa, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CNY-ZAR mid-market rate equals 2.5207 ZAR per Yuan Renminbi.
For reference, the CNY-ZAR average mid-market rate for the past three months has been 2.5008 ZAR per Yuan Renminbi, with a high of 2.5741 and a low of 2.4391.
The company offering the best exchange rate is Wise.
Often the CNY-ZAR exchange rate you receive is the bigger factor than how much it costs to send Yuan Renminbis to South Africa.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Moneycorp, 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 Rand is the biggest indicator the total cost of sending money from China to South Africa. Essentially, the more the recipient receives in South Africa, the less it is costing to send from China.
Getting best exchange rate for transfers between Yuan Renminbi and Rand
Timing is essential for transferring money between CNY and ZAR. The exchange rate you secure impacts how much ZAR you get for your CNY.
The recent trends between the currencies are:
Over the past six months, the mid-market rate from CNY to ZAR has moved slightly. On average, it was 2.5008.
During this same period,there was a high of 2.5741, and a low of 2.4391.
Wise, which is our recommended service to send money online from China to South Africa offers an exchange rate that is only -0.1% above the mid-market rate.
Want to secure the best CNY-Rand 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 South Africa!
How to pay for money transfers between China and South Africa
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from China to South Africa.
Using a money transfer company such as Moneycorp for transfers from China to South Africa, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers of the 9 we compared for transfers from CNY to South Africa.
To send money from China to South Africa, Moneycorp has an average fee of 0 CNY.
Debit cards and prepaid options
Sending money from China to South Africa with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between China and South Africa. This is of the 9 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from China to South Africa, Wise emerges as our top choice of the 9 companies offering this service.
Be aware of fees: 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, 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 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.
Money transfer company reviews
