Best way to Transfer Money from the US to China

Highest remittance rate for converting 1 USD to USD = 0.99

Transfer Money from the US to China.

Explore & compare 1 money transfer services to send money from USA to China. Compare exchange rate and fees for US Dollar to US Dollar. Choose the best remittance service for your fund transfer from USA to China for US Dollar to US Dollar to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

There are many ways in which you can send money from the US to China. However, are they the best ways to make your remittances? We are sure the latter is what you are looking for. Moreover, how can you as the sender pick one out of the very best so that you do not get indecisive?

Learn about everything you need to know about foreign currency conveyance and expound your decision making criteria for a more satisfying experience here at Exchange Rate IQ.

Country Guide - China


Mid Market Rate



Mid Market Rate


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You Pay (Includes Fee $ 7) $ 507
Receiving Amount
$ 500
Realized Exchange Rate
wellsfargo USD to USD Exchange Rate
Best Value


Transfer Time : Instant
Wellsfargo is a one of the safest & leading money transfer service provider for sending money from USA to China for sending amount 500. Today’s Wellsfargo exchange rate for sending money from USD to USD is 1 with a $ 7 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 0.99. The pay in options available are Bank, also you can receive money using Bank, at multiple Wellsfargo partner locations. The transfer time usually range between Instant. For more detailed review of Wellsfargo click here

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
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 USD - 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 Wellsfargo remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Wellsfargo, 0.99 ) .
  • To remit money in the bank account of China, best companies is ( Wellsfargo, 0.99 ).
  • Current money transfer offeres/promotions are available with money transfer services.
  • For quick money transfer from USA to China with agent service is Wellsfargo with exchange rate 0.99.
  • 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 Ria, Travelex, Westernunion .
  • The comparison result was last updated on Nov 29, 2023.
  • For the latest comparison result of USA to China, Please visit ExchangeRate IQ regularly.

About USD and YUAN

Whenever we talk about the USD and the Chinese Yuan, the two most competitive states in the history of the world rings in our minds. In 2017, $16,141,000,000 was the total recorded remittance to China from USA. This was the second largest after Mexico. India superseded this chart but the margin was $5,000,000,000 large.

This is a clear depiction of how desperate people are to send money from US to China. But do they know how to? Are they using the best means the markets have to offer? Find out below and get ahead of the rest in the game.

The best way to send money from the USA to China

As already stated, there are many ways to send money from US to China. You cannot be limited to just how easy you can make this transaction. You have to be careful, however, when selecting a transfer service provider. This will make you not lose money to a bad deal. Here are some tips on which providers to use when sending money from US to China:


Instarem is the best online money transfer service to use when sending money from US to China. It not only offers excellent exchange rates, but also the quickest way to remit money in the bank account of China. Other online money transfer companies that do offer these services are XE Money, Pangea and TransferWise.

Bank Transfers

Check payments are also a reliable means of money transfer from US to China. However, they have a long process of sending your money and can take up to 15-28 days. The best alternative would be using bank transfers as they are faster. Many banks operate in China and enable international transfers to be made via them. Such include: 

  • Postal Savings bank of China
  • Agricultural Bank of China
  • Bank of Jilin
  • Zhejiang ChouZhou Commercial Bank
  • Longjiang Bank.

Cash pick-up

Cash pick-up services are the best resort to settle for if you want your money transferred at greater speeds. Western Union, MoneyGram and Transfast have multiple agents located in China where you can pick up your cash from. On the sender’s side, you can post your cash either via your bank account, your credit card or debit card.

Wire Transfers

Wire transfers are bank services whereby the recipient can get his/her money directly in their bank accounts. It takes about 2 to 3 days for the cash to be received.

3 Things to consider before sending money from US to China:

  1. Transfer limit: You have to look at the maximum and minimum limits as to which these transfer service providers offer. Some have transfer limits of as low as $5 while others as high as $5000. The maximum limits of transfer on the other hand may vary on a daily or weekly basis based on the location or a company’s policies.

  2. Exchange Rate: You need to compare this to the interbank rate and choose a transfer option with the exchange rate closest to this. Most service providers compete when it comes to offering low exchange rates so you have to look at other factors such as the transfer fees they charge you for a certain amount of transfer you want to make. 

  3. Safety: Choose the transfer options mentioned here at Exchange Rate IQ as we have confirmed that they are the safest ways of cross-border remittances. If you wish to use other methods, then remember to do a background check on the records of the company of your choice. This way, you can know if it is okay to send money with them.


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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What is the fastest way to send money from US to China?

Cash pick-up services such as Western Union and Money Gram instantly deliver your cash for pick-up. Transfast on the other hand delivers your cash in a matter of hours and is the next good choice. Most online money transfer companies can also provide instant transfer service when sending money to another account on the same platform. Sending to bank accounts on the other hand can take at least 2 days.

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When is the right time to send money from US to China?

The best time to send money and will ensure that you send money from the US to China cheaply is when the USD is gaining on CNY. If the dollar is much stronger than the CNY then you will end up spending less for your transfer. To know when the dollar is doing better compared to the Yen, you will want to stay updated with the exchange rate news or alternatively, use our calculators to confirm the exchange rates.

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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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How can I track the progress of my transfer?

If you use a quick transfer option like direct cash pick-up agents, then there is no need to track your funds since it will reach its destination in no time. However, you will be relieved to find out that most transfer companies enable you to track the position and progress of your transfers with the help of their various phone apps.

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What is the fastest way of sending money from US to China?

You can send money to China instantly using money apps or cash pick up services like Western Union. Remember that a fast transfer option comes at an extra cost. The cheapest way to send money from the US to China can be free but the downside is, the transaction can take a couple of days to complete.

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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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Is it safe to send money to China?

Safety goes a long way when it comes to money transfer. That is because there are several risks and most of them are because senders don’t pay attention. However, if you choose to work with any of the companies from our platform then we can assure you 100% safety. Also make sure to keep your accounts secure by keeping your details private.

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Can I use more than one money transfer apps?

You can use as many money transfer apps as you wish as long as you abide by the set rules of law. Illegal activities will be detected and your transfers will be interrupted. You are not restricted to any cash transfer option and if you like, you can combine all the three options and use them to complete different transfers.

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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 US Dollar (USD) (Weekly)

Current Exchange Rate(Mid Market) :- 1 USD/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 USD

Send US Dollar To CHINA Receive US Dollar
50 USD TO USD 50
100 USD TO USD 100
250 USD TO USD 250
500 USD TO USD 500
1000 USD TO USD 1000
5000 USD TO USD 5000
10000 USD TO USD 10000
Send US Dollar Receive US Dollar From CHINA
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Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to USD

Company Name Live Exchange Rate
XE Money Transfer $ 1
Wellsfargo $ 1

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