Send money to China from the UK at best rates

Highest remittance rate for converting 1 GBP to CNY = 8.9

Best way to send money to China from the UK

To find the best way to send money to China from the United Kingdom, decide in what way you want to send money, cash pickup or bank transfer, and how faster recipient wants the money, instant or within 3-5 days. After finalizing all the details of transfer, select the one which is charging low fees and also offering a high exchange rate. Select the company, sign up, submit all the details asked and complete the transfer. So, for sending money abroad, please find the list of companies below in a sorted order which is providing the best money transfer services which offer the “cheapest way to send money to China” with the highest exchange rates and low fee.

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Country Guide - China

9.03

Mid Market Rate

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9.03

Mid Market Rate

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Currencies:
GBP-CNY GBP-CNH GBP-USD GBP-EUR
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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee £ 3.75) £ 500
Receiving Amount
¥ 4482.6263
Realized Exchange Rate
8.9
instarem GBP to CNY Exchange Rate
9.033
Best Value

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Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from United Kingdom to China for sending amount 500. Today’s Instarem exchange rate for sending money from GBP to CNY is 9.033 with a £ 3.75 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 8.9. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 6.99) £ 506.99
Receiving Amount
¥ 4460.7
Realized Exchange Rate
8.8
worldremit GBP to CNY Exchange Rate
8.9214
1.12% vs Best Value

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Transfer Time :
Promoted
Worldremit is a one of the safest & leading money transfer service provider for sending money from United Kingdom to China for sending amount 500. Today’s Worldremit exchange rate for sending money from GBP to CNY is 8.9214 with a £ 6.99 fee. Based on the Exchange Rate IQ calculations it offers 1.12% less than the best value for your money transfer. The realized exchange rate after considering the fees is 8.8. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bankdeposit, at multiple Worldremit partner locations. The transfer time usually range between . For more detailed review of Worldremit click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 7.09) £ 500
Receiving Amount
¥ 4452.9982
Realized Exchange Rate
8.78
transferwise GBP to CNY Exchange Rate
9.0341
1.35% vs Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to China for sending amount 500. Today’s Transferwise exchange rate for sending money from GBP to CNY is 9.0341 with a £ 7.09 fee. Based on the Exchange Rate IQ calculations it offers 1.35% less than the best value for your money transfer. The realized exchange rate after considering the fees is 8.78. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 0) £ 500
Receiving Amount
¥ 4306.2
Realized Exchange Rate
8.61
ofx GBP to CNY Exchange Rate
8.6124
3.26% vs Best Value

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Transfer Time : 1-2 Days
Ofx is a one of the safest & leading money transfer service provider for sending money from United Kingdom to China for sending amount 500. Today’s Ofx exchange rate for sending money from GBP to CNY is 8.6124 with a £ 0 fee. Based on the Exchange Rate IQ calculations it offers 3.26% less than the best value for your money transfer. The realized exchange rate after considering the fees is 8.61. The pay in options available are Bank, also you can receive money using Bank, at multiple Ofx partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Ofx click here

More Available Options

You can check rates of some more providers that may support your country
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
With Xendpay you get the best deal and make a big difference with every transfer
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
Post Office aspires to be at the very heart of customers choice by becoming the most trusted provider of essential services to every person in the land.

GBP to CNY - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from United Kingdom to China after comparison?
  • With our real-time comparison on sending money from United Kingdom to China ,
      we have found Instarem remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Instarem, 8.9 ) ( Worldremit, 8.8 ) ( Transferwise, 8.78 ) .
  • To remit money in the bank account of China, best companies is ( Instarem, 8.9 ).
  • Current money transfer offeres/promotions are available with Instarem, Worldremit, Ofx money transfer services.
  • For quick money transfer from United Kingdom to China with agent service is Worldremit with exchange rate 8.8.
  • Available pay in when sending money from United Kingdom to China Bank, Creditcard, Debitcard.
  • Available pay out when sending money from United Kingdom to China Bank, Bankdeposit.
  • Other options to transfer money from United Kingdom to China are Westernunion, Xendpay, Travelex, Money2anywhere, Moneygram, Postoffice .
  • The comparison result was last updated on Nov 23, 2019.
  • For the latest comparison result of United Kingdom to China, Please visit ExchangeRate IQ regularly.

FAQ's

How long does it take to transfer money to China from the UK?

It may take 1 to 5 business days to transfer money to China from the UK as the foreign transfers depends upon the number of banks involved in the transaction and how many days they will take to exchange money.

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Are wire transfers from the UK to China are instant?

No. Wire transfers are not instant. They will take approximately 1-2 business days to transfer money to the recipient in China as money moves from bank to bank.

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Historical Mid Market Exchange Rate From Pound (GBP) to Chinese Yuan Renminbi (CNY) (Weekly)

Current Exchange Rate(Mid Market) :- 9.03 CNY/GBP

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion GBP To CNY

Send Pound To CHINA Receive Chinese Yuan Renminbi
1 GBP TO CNY 9.03
50 GBP TO CNY 451.5
100 GBP TO CNY 903
250 GBP TO CNY 2257.5
500 GBP TO CNY 4515
1000 GBP TO CNY 9030
5000 GBP TO CNY 45150
10000 GBP TO CNY 90300
Send Chinese Yuan Renminbi Receive Pound From CHINA
1 CNY FROM GBP --
50 CNY FROM GBP --
100 CNY FROM GBP --
250 CNY FROM GBP --
500 CNY FROM GBP --
1000 CNY FROM GBP --
5000 CNY FROM GBP --
10000 CNY FROM GBP --

Click To Compare Money Transfer Services For The Following

USD

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