Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 93% of China to Spain searches, and was the top rated company out of 4 that support CNY to EUR.
So for a great mix of cost, speed & features, make your China to Spain transfer using Wise.
How to get the best deal on your China to Spain transfer
Important things to consider before sending money from China to Spain
Don't settle for the first option. Always compare ways to send money from China to Spain to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between China and Spain.
Through this, you get a comprehensive view of all the options you have in China when you need to send money to Spain.
Cheapest way to send money to Spain from China: TorFx
Data collected over the past six months shows that TorFx is 0% cheaper than the second-best option.
The 元0 transfer cost represents the most common fee for CNY to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a CNY to Spain transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to CNY-EUR by TorFx, based on data from the past six months.
Fastest way to send money from China to Spain: Wise
Our data shows that Wise came up as the fastest way to send money from China to Spain in 86% of searches. This makes them well suited to urgent CNY to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from China to Spain - 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 Spain from China in 86% 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 Spain, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from China to Spain
When calculating the costs of money transfers between China and Spain, here's what really matters:
The Mid-Market Rate: Today, the CNY-EUR mid-market rate equals to 0.129286 EUR per Yuan Renminbi.
The CNY-EUR average exchange rate for the past three months has been 0.1288 EUR per Yuan Renminbi, with a high of 0.1307 and a low of 0.1267.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CNY to EUR.
How to find the best exchange rate for Yuan Renminbi to Euro
Timing is essential for sending money between CNY and EUR. The exchange rate you secure impacts how much EUR you get for your CNY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CNY to EUR has seen some fluctuation. On average, it stood at 0.1288.
During this period, the highest value recorded was 0.1307, while the lowest was 0.1267.
Wise, which is our recommended service to send money online from China to Spain offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CNY-Euro exchange rates?
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Payment methods available to fund your China to Spain transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CNY to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.