.svg)
"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."
Overall best way: Wise
Wise scored the highest of the 4 money transfer companies supporting CNY to GBP transfers.
In total, Wise appeared in 88.5% of China to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Wise for your China to United Kingdom transfer.
How to compare companies offering money transfers from China to United Kingdom
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from China to the United Kingdom. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to the United Kingdom.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from China to your chosen country & currency.
Summary of recent searches
Considerations for sending money from China to United Kingdom
Always compare ways to send money from China to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between China and United Kingdom.
Through this, you get a comprehensive view of all the options you have in China when you need to send money to the United Kingdom.
Cheapest way to send money from China to United Kingdom: TorFx
Our data shows, over the past six months, that TorFx 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-GBP exchange rate for international transfers that is 0.33% different to the mid-market rate.
Securing the best rates on a CNY to United Kingdom transfer can be done with TorFx but you can always search for your specific amount.
*The most common fee applied by TorFx when sending CNY-GBP, based on data from the past six months.
Fastest money transfers to United Kingdom from China: Wise.
Through our research, we found Wise to be the quickest way to send CNY into Pound Sterling in 74.4% of instances. For fast transfers between CNY and GBP, Wise is generally a good option.
Money transfers from China to the United Kingdom through Wise have an average fee of 306.87 CNY.
To confirm that Wise was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from China to the United Kingdom. This was made up of depositing Yuan Renminbi to a money transfer account and transfer times to the United Kingdom.
When sending quickly is a priority, Wise is our recommended choice for sending into United Kingdom from China.
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 United Kingdom 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.
Understanding the costs involved when transferring money from China to United Kingdom
When calculating the costs of money transfers between China and United Kingdom, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CNY-GBP mid-market rate equals 0.1087 GBP per Yuan Renminbi.
For reference, the CNY-GBP average mid-market rate for the past three months has been 0.108 GBP per Yuan Renminbi, with a high of 0.1109 and a low of 0.1063.
The company offering the best exchange rate is Wise.
Often the CNY-GBP exchange rate you receive is the bigger factor than how much it costs to send Yuan Renminbis to the United Kingdom.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is TorFx, 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 Pound Sterling is the biggest indicator the total cost of sending money from China to the United Kingdom. Essentially, the more the recipient receives in the United Kingdom, the less it is costing to send from China.
How to find the best exchange rate for Yuan Renminbi to Pound Sterling
Timing is essential for sending money between CNY and GBP. The exchange rate you secure impacts how much GBP you get for your CNY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CNY to GBP has seen some fluctuation. On average, it stood at 0.108.
During this period, the highest value recorded was 0.1109, while the lowest was 0.1063.
Wise, which is our recommended service to send money online from China to United Kingdom offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CNY-Pound Sterling 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 United Kingdom!
How to pay for money transfers between China and United Kingdom
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from China to the United Kingdom.
Using a money transfer company such as TorFx for transfers from China to the United Kingdom, will mean being able to 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 of the 4 we compared for transfers from CNY to the United Kingdom.
To send money from China to United Kingdom, TorFx has an average fee of 0 CNY.
Debit cards and prepaid options
Sending money from China to the United Kingdom 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 the United Kingdom. This is of the 4 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from China to the United Kingdom, emerges as our top choice of the 4 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 United Kingdom 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 United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CNY to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
