How to send money to South Africa from China with the best CNY-ZAR rate
Find the best deals when you transfer from China to South Africa. Get insights on the fastest, cheapest, and providers with the best CNY to ZAR exchange rates.
Read on to get the best value, expert information, and analysis on ways to send money to South Africa from China.
Transferring the other way? Send ZAR from South Africa to China 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."
"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."
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Overall best option: Wise
Of the 2 companies that support CNY to ZAR, Wise offered the best combination of cost and speed.
Sending 50,000 CNY to ZAR will cost you 元492.23 in fees, and you will receive 118,979.55 ZAR. The delivery time usually is same day, but can be longer depending when you make the transfer.
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 2 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: Wise
Our data shows, that Wise is 0.46% than the second-best option when sending via a bank transfer.
This includes the fee of 492.23 CNY and a CNY-ZAR exchange rate for international transfers that is -0.04% different to the mid-market rate.
Securing the best rates on a CNY to South Africa transfer can be done with Wise but you can always search for your specific amount.
Fastest money transfers to South Africa from China: Wise.
For example, the transfer time for sending 元50,000 to South Africa with Wise is same day.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
Money transfers from China to South Africa through Wise have a fee of 492.23 CNY.
To confirm that Wise was the 'fastest' option we compared 2 money transfer providers for the 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, Wise 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 2 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 2.3899 ZAR per Yuan Renminbi.
For reference, the CNY-ZAR average mid-market rate for the past week has been 2.4008 ZAR per Yuan Renminbi, with a high of 2.4122 and a low of 2.3941.
The company offering the best exchange rate is Wise (2.4032 ZAR per Yuan Renminbi)
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 Wise, only 492.23 CNY. 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 7 days, the mid-market rate from CNY to ZAR has moved slightly. On average, it was 2.4008.
During this same period,there was a high of 2.4122, and a low of 2.3941.
Wise, which is our recommended service to send money online from China to South Africa offers 2.4032 ZAR per CNY which is only -0.04% above the mid-market rate.
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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 Wise for transfers from China to South Africa, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers of the 2 we compared for transfers from CNY to South Africa.
To send money from China to South Africa, Wise has a fee of 492.23 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 .
is the cheapest option for sending money with a debit card between China and South Africa. This is of the 2 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from China to South Africa, we to get the best deal.
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 and review methodology.
Related transfer routes
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Can I send money from China to South Africa with MoneyTransfers.com?
What are the typical transfer fees for sending Yuan Renminbis to South Africa through various providers?
How long does it take to send money from China to South Africa?
What is the best exchange rate I can get for sending money from China to South Africa?
Are there any minimum or maximum transfer amounts for sending money from China to South Africa?
Can I schedule regular transfers between China and South Africa?
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