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Best Ways to Send Money from the USA to China

Country from
Country to
You send
To
  • 300 USD =
    1,932 CNY
    Same day
    Preferential fee and/or exchange rate only on your first transfer
    Best deal
    Monito Score
    9.0
    Go to Remitly
    You pay
    300 USD
    Payment options
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    • Credit card Same day
      2.99 USD 0 USD
    • Debit card Same day
      2.99 USD 0 USD
    • Bank transfer 3-5 days
      2.99 USD 0 USD
    Exchange rate
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    Remitly's exchange rate (1 USD = 6.4400 CNY) is 0.73% better than the mid-market exchange rate, subtracting -2.20 USD from the total cost of this transfer.
    6.19 USD -2.20 USD
    1,932 CNY
    arrives in China
  • 300 USD =
    1,887 CNY
    2 days
    45.30 CNY less than with Remitly
    Monito Score
    9.5
    Go to Wise
    You pay
    300 USD
    Payment options
    • Direct bank payment 2 days
      4.88 USD
    • Debit card Same day
      7.75 USD
    • Bank transfer 3-5 days
      8.50 USD
    • Credit card Same day
      15.52 USD
    Exchange rate
    Wise's exchange rate (1 USD = 6.3930 CNY) is 0% worse than the mid-market exchange rate, adding 0.01 USD to the total cost of this transfer.
    0.01 USD
    1,887 CNY
    arrives in China
  • 300 USD =
    1,849 CNY
    2 days
    Get $60 off your first two transfers with code GET60
    83.31 CNY less than with Remitly
    Monito Score
    8.0
    Go to InstaReM
    Get $60 off your first two transfers with code GET60
    You pay
    300 USD
    Payment options
    • Direct bank payment 2 days
      0 USD
    • Bank transfer 3-5 days
      0 USD
    Exchange rate
    InstaReM's exchange rate (1 USD = 6.1623 CNY) is 3.61% worse than the mid-market exchange rate, adding 10.83 USD to the total cost of this transfer.
    10.83 USD
    1,849 CNY
    arrives in China
  • 300 USD =
    1,832 CNY
    2 days
    99.72 CNY less than with Remitly
    Monito Score
    6.4
    Go to Xoom
    You pay
    300 USD
    Payment options
    • Bank transfer 2 days
      4.99 USD
    • Credit card 2 days
      20 USD
    • Debit card 2 days
      20 USD
    Exchange rate
    Xoom's exchange rate (1 USD = 6.2109 CNY) is 2.85% worse than the mid-market exchange rate, adding 8.41 USD to the total cost of this transfer.
    8.41 USD
    1,832 CNY
    arrives in China
  • 300 USD =
    1,826 CNY
    3-5 days
    105.64 CNY less than with Remitly
    Monito Score
    5.4
    Go to PayPal
    You pay
    300 USD
    Payment options
    • PayPal 3-5 days
      4.99 USD
    • Bank transfer 3-5 days
      4.99 USD
    Exchange rate
    PayPal's exchange rate (1 USD = 6.1908 CNY) is 3.17% worse than the mid-market exchange rate, adding 9.34 USD to the total cost of this transfer.
    9.34 USD
    1,826 CNY
    arrives in China

How to send money from the USA to China at the best rate?

Monito compares 6 different options to send money from the USA to China.

To transfer US dollars to a bank account in Chinese yuans in China, the most competitive provider currently is Remitly, with no transfer fees and a competitive USD-CNY conversion rate (current rate: 1 USD = 6.44 CNY).

When taking the exchange rate and the fees into account, the total cost of your transfer with Remitly is -2.2 USD, compared to that, the total cost of your transfer would be 14.33 USD (around -7x more) if you were to use PayPal to make the same transaction.

Two other options are worth considering: Wise and InstaReM.

If the person you're sending money to wants to receive Chinese yuans in cash at an agent location in China, then Xoom currently offers the best deal you can get with 4.99 USD for the transfer fees and a very competitive USD-CNY exchange rate (their current rate is 1 USD = 6.2109 CNY).

This recommendation was updated a few minutes ago.

Last Updated 21 hours ago - Source XE.com
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Monito's Recommendations for Sending Money from the USA to China

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 the USA to China:

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Best Ways to Send Money from the USA to China

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.

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Questions you may have

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.

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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.

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