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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 64% of China to United Kingdom searches, and was the top rated company out of 4 that support CNY to GBP.
So for a great mix of cost, speed & features, make your China to United Kingdom transfer using Wise.
How to get the best deal on your China to United Kingdom transfer
Summary of recent searches
Important things to consider before sending money from China to United Kingdom
Don't settle for the first option. Always compare ways to send money from China to United Kingdom to find out about 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 United Kingdom.
Cheapest way to send money to United Kingdom 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 GBP international transfers, based on data from the past six months.
If you want to secure the best rates on a CNY to United Kingdom transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to CNY-GBP by TorFx, based on data from the past six months.
Fastest way to send money from China to United Kingdom: Wise
Our data shows that Wise came up as the fastest way to send money from China to United Kingdom in 56.9% of searches. This makes them well suited to urgent CNY to GBP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from China to United Kingdom - 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 United Kingdom from China in 56.9% 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 United Kingdom, it’s the provider that will keep you safe and relaxed while your money moves into GBP.
Understanding the costs involved when moving money from China to United Kingdom
When calculating the costs of money transfers between China and United Kingdom, here's what really matters:
The Mid-Market Rate: Today, the CNY-GBP mid-market rate equals to 0.111038. Keep in mind that this rate fluctuates all the time.
The CNY-GBP average exchange rate of the past three months has been 0.1111, with a highest of 0.1136 and a lowest of 0.1087.
When in doubt, use TorFx. On average, TorFx hovers just 0.23% above the mid-market rate.
Fees and Markups: That's where TorFx shines, combining the best of both worlds: excellent CNY to GBP rates that are only 0.23% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Yuan Renminbi to Pound Sterling
Timing is essential 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 0.1111.
During this period, the highest value recorded was 0.1136, while the lowest was 0.1087.
Wise, which is our recommended service to send money online from China to United Kingdom offers an exchange rate that is only 0.46% above the mid-market rate.
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Payment methods available to fund your China to United Kingdom transfer
Bank transfers
Traditional bank transfers are often the default option for sending money from China to United Kingdom.
By using a money transfer company, you can still send a bank transfer, but avoid many of the downsides.
Using TorFx for sending money online from China to United Kingdom, you can save a lot of money on fees. With an average fee of CNY0 to send money from China to United Kingdom, TorFx offers a great combination of competitive exchange rates and lower fees.
You can make a bank transfer, funding your TorFx account, as this offers the best service to send CNY to United Kingdom with this payment method.
In the past six months TorFx received an impressive 72.5% recommendation rate for bank transfers payments between China and United Kingdom.
Debit and prepaid cards
Sending money from China to United Kingdom with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from China to United Kingdom, competing among a total of 4 active money transfer companies on this route. They consistently rank at the top in this category.
Our data show that Instarem was best in this area with a 4% recommendation rate over the past six months.
Credit cards
When it comes to credit card transfers, Instarem emerges as our top choice.
Among 4 companies offering this service, our comparison engine's last six months of data on CNY to GBP searches show Instarem has been ranked as the best provider.
They have an impressive 3.9% recommendation rate for this payment method.
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 United Kingdom 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 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
