What's the cheapest way to send money from Hong Kong to China?

The cheapest way to send money from Hong Kong to China is through an online provider. Among the 7 available, Instarem was most often the cheapest provider (in 45.5% of the searches on Monito.com in the past 3 months).

What are the best providers to send money from Hong Kong to China?

Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com: Instarem (cheapest in 45.5% of the searches) SingX (cheapest in 25.8% of the searches) Bank of East Asia (cheapest in 15.2% of the searches)

How much does it cost to send money from Hong Kong to China?

If you send money with the cheapest available provider, the total cost of a HKD-CNY transfer was 0.6% of the transfer amount (including all fees and exchange rates) over the past month. In contrast, the cost of the most expensive option was 8.0%.

What is the cost of making an international transfer from Hong Kong to China using my bank?

The average total cost (including hidden exchange rate markup) of making a HKD-CNY transfer with banks compared by Monito.com during the past months was 5.8% of the transfer amount. This is 10.0x more expensive than sending money with the cheapest online provider alternative. For a 40000 HKD transfer, this represents a saving potential of around 2089.8 HKD.

What is the fastest option to send money from Hong Kong to China

The provider that was most often the fastest provider in comparisons of the past 30 days was Wise (average fastest transfer time: In minutes)

Find the best ways to send money to China from Hong Kong

Monito's comparison engine is trusted by 6 million users every year
Monito users have saved nearly $40 million in fees to date!
We only recommend regulated and secure companies.

As featured on

Top Providers For transfers from Hong Kong to China

Based on 66 comparisons made by Monito users in the past 3 months.

Compare live results

Cheapest
8.1

Cheapest

in 46% of all comparisons
Go to Instarem
Top rated
9.5

Top rated

in 89% of all comparisons
Fastest

in 62% of all comparisons
Go to Wise

Best of 7 providers. Compare all

Stay on top of the market

1 HKD = CNY Mid-market exchange rate

Get our email alerts

We'll send you the exchange rate, best deal, and other helpful tips.

25M+ comparisons made

With more than 7 million searches per year, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$80M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved around $80 million in total to date!
200+ providers compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ in-depth guides

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice.

Monito's Recommendations for Sending Money from Hong Kong to China

Affiliate disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Hong Kong to China:

Best Ways to Send Money from Hong Kong to China

The best rated: Wise (9.5/10)
The cheapest: Instarem and SingX
The fastest: Wise

Frequently Asked Questions

What's the cheapest way to send money from Hong Kong to China?

The cheapest way to send money from Hong Kong to China is through an online provider. Among the 7 available, Instarem was most often the cheapest provider (in 45.5% of the searches on Monito.com in the past 3 months).
What are the best providers to send money from Hong Kong to China?
Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:
- Instarem (cheapest in 45.5% of the searches)
- SingX (cheapest in 25.8% of the searches)
- Bank of East Asia (cheapest in 15.2% of the searches)
How much does it cost to send money from Hong Kong to China?

If you send money with the cheapest available provider, the total cost of a HKD-CNY transfer was 0.6% of the transfer amount (including all fees and exchange rates) over the past month.
In contrast, the cost of the most expensive option was 8.0%.
What is the cost of making an international transfer from Hong Kong to China using my bank?

The average total cost (including hidden exchange rate markup) of making a HKD-CNY transfer with banks compared by Monito.com during the past months was 5.8% of the transfer amount. This is 10.0x more expensive than sending money with the cheapest online provider alternative.
For a 40000 HKD transfer, this represents a saving potential of around 2089.8 HKD.
What is the fastest option to send money from Hong Kong to China

The provider that was most often the fastest provider in comparisons of the past 30 days was Wise (average fastest transfer time: In minutes)

About Money Transfers from Hong Kong to China

Monito compares 7 providers offering international money transfer services from Hong Kong to China. The total cost of the cheapest available option at any given point in the past month was 0.6% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 8.0%.

💸 Number of providers	7
🏆 Cheapest provider (on average)	Instarem
💰 Lowest total cost (on average)	0.6%
💰 Highest total cost (on average)	8.0%
💸 Most transferred amount	40000 HKD
⚡ ️Fastest transfer time	In minutes
💳 Pay-in options	Bank transfer, Debit card, Credit card
💵 Pay-out options	Bank account, Bank account (via international transfer)
👍 Recommended providers	Instarem, Wise, SingX

Best Rated Providers to Send Money from Hong Kong to China

9.5

Go to Wise

8.8

Read the full review

8.1

Read the full review

See Monito's In-Depth Money Transfer Guides

Best Ways To Send Money Internationally

August 25, 2023 - by François Briod

Fastest Ways To Send Abroad

November 22, 2022 - by François Briod

Transfer Specialists vs Banks

November 22, 2022 - by Byron Mühlberg

Best Money Transfer Services

August 25, 2023 - by François Briod

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

How can I use Monito to find the best option to send money to China?

Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
I simply use my bank to send money to China, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Can I trust a company I found on Monito but never heard about before?

Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to China.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito

Monito is Trusted by 15+ Millions Users across the globe.
Monito's experts spend hours researching and testing services
Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.