Send money to China from USA at best rates

Highest remittance rate for converting 1 USD to CNH = 6.74

Best way to send money to China from USA

Might be you want to pay the tuition fee of your child or have to pay to your business partner, or perhaps you just want to send money to your loved ones back in China. Whatever the case, you are looking for the best way to send money to China online, you do not want to pay too much fees. So you should transfer money using the specialized money transfer company as they offer better exchange rates compared to traditional banks. This will help you in getting the “cheapest ways to send money to China from USA”. So, here you can compare the best options to send money to China on the basis of their exchange rates, transfer fee, delivery period, etc.

Please find the list of companies below in a sorted order which is providing the best money transfer services and get to know the best way to send money to China with the highest exchange rates and low fee.

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Country Guide - China


Mid Market Rate



Mid Market Rate


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You Pay (Includes Fee $ 0) $ 500
Receiving Amount
¥ 3371.5
Realized Exchange Rate
ofx USD to CNH Exchange Rate
Best Value


Transfer Time : 1-2 Days
Ofx is a one of the safest & leading money transfer service provider for sending money from USA to China for sending amount 500. Today’s Ofx exchange rate for sending money from USD to CNH is 6.743 with a $ 0 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 6.74. 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
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. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

USD to CNH - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to China after comparison?
  • With our real-time comparison on sending money from USA to China ,
      we have found Ofx remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Ofx, 6.74 ) .
  • To remit money in the bank account of China, best companies is ( Ofx, 6.74 ).
  • Current money transfer offeres/promotions are available with Ofx money transfer services.
  • For quick money transfer from USA to China with agent service is Ofx with exchange rate 6.74.
  • Available pay in when sending money from USA to China Bank.
  • Available pay out when sending money from USA to China Bank.
  • Other options to transfer money from USA to China are Travelex, Westernunion .
  • The comparison result was last updated on Feb 29, 2020.
  • For the latest comparison result of USA to China, Please visit ExchangeRate IQ regularly.

China Money Transfer Regulations

If you are sending money to China, the Chinese government does not care how much amount has been transferred and from where it came. But there is a limit to which residents of China need to provide the details of the money transfer. So if you send any amount more than RMB 10,000 either wired, cash transfer or any other method of transfer, the recipient needs to provide the details of transfer to the government. If the recipient fails to provide the information of transfer in a stipulated time period, then he/she will need to pay a high penalty.


How much money can I transfer to China from the USA?

One can transfer up to USD 2000 a day with a maximum amount of USD 50,000 per person per year. This is both the sending and receiving limit in China and above that, you need to provide the details of transfer to the customs service department.

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How to send money to China bank from the USA?

You can send money to Chinese banks using the services of WorldRemit, Xoom Money Transfer, Transfast, OFX, Pangea Money Transfer, etc. You need to select the bank and provide the bank details to the company through which you are sending money so that your amount will be received by the recipient as soon as possible. Some of the top banks of China are:

  • Postal Savings Bank of China
  • Agricultural Bank of China
  • Bank of Jilin
  • Zhejiang Chouzhou Commercial Bank
  • Fujian Haxia Bank
  • Yantai Bank
  • Longjiang Bank
  • Bank of Wenzhou
  • Huishang Bank
  • SPD Bank
  • China Construction Bank
  • ICBC
  • China Pay
  • Bank of China
  • Everbright Bank
  • Harbin Bank
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What is the best way to send money to China from USA?

Financial transfers are not as easy as it used to be earlier due to trade wars, interest rates and many more such financial issues between China and the USA. So, here are some of the best ways to send money to China from the USA at the best rates possible are:

Bank transfer: This is one of the easiest and secure ways to transfer money to China from the USA. Users can simply provide the details of the recipient to the company and money will be transferred to the recipient after confirmation of transaction with 3-5 working days.

Paying with check: Many people also write the check to the recipients who will then encash at the bank of the recipient but this is a long process and will take more than 28 days to reach to the recipient.

Mobile Wallet Money: Many companies also offer mobile wallet money transfers which will be received by the recipient instantly and can be used for the bookings, paying bills, etc.

Cash pick up services: WorldRemit, Western Union, Transfast and MoneyGram offers cash pick up services to its users where the recipient will receive money in cash from the agent locations and send can send it in any way, either bank account, debit or credit card.

Wire transfer: Banks also offer wire transfer services where the sender can send money directly to the recipient’s account. This amount will be received by the recipient within 1-2 working days.

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How to send money from USA to China in an hour?

If you want to get the fast delivery of money to the recipient then you can select the cash pick up services of WorldRemit, Western Union, MoneyGram, and Ria Money Transfer which provides instant cash pick up services. Besides this, you can also use the services Transfast Fastrack money transfer which delivers funds within few hours.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Chinese Yuan Renminbi (CNH) (Weekly)

Current Exchange Rate(Mid Market) :- 6.99 CNH/USD

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 USD To CNH

Send US Dollar To CHINA Receive Chinese Yuan Renminbi
1 USD TO CNH 6.99
50 USD TO CNH 349.5
100 USD TO CNH 699
250 USD TO CNH 1747.5
500 USD TO CNH 3495
1000 USD TO CNH 6990
5000 USD TO CNH 34950
10000 USD TO CNH 69900
Send Chinese Yuan Renminbi Receive US Dollar From CHINA
1000 CNH FROM USD --
5000 CNH FROM USD --
10000 CNH FROM USD --

Click To Compare Money Transfer Services For The Following


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