Money Transfer Companies from USA to China

Before sending money to China, there are couple of things you have to keep in mind like what is the cheapest way ? Depending on your sending amount, what is the fastest money transfer service because time can mean everything. What are the transfer methods available ? Is your final option is the best option for sending money ?

For the all above questions, you can see and compare all popular money transfer services for sending money from USA to China on this page.

1. Transferwise

Necessary money transfer information while send money to China using Transferwise -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods Bank
Fee A fee of 1.5% of the amount sent
Speed 3-5 days
Security
1. 2-factor authentication
2. Registered with the Financial Crimes Enforcement Network (FinCEN)
3. Standard HTTPS encryption safeguards

PROS

Easy process to sign up and initiate a transfer

It’s affordable

Offers better rates than many other providers

High daily transfer limits

CONS

Bank account transfers only

It's a Two-step process, firstly wire money to TransferWise and then deposits the money to recipient’s bank account

Need an SSN(Social Security Number) to send money

How to send money to China ?

1. Initiate your transfer by using the TransferWise website on a desktop, laptop, or mobile device.

2. Provide the recipient’s bank account details or an email address.

3. Enter the sending amount or the exact amount you want the recipient to receive. If you opt for a specific amount transfer, you have to pay an extra 3% deposit, in the event there is a fluctuation in the exchange rate.

4. Make your payment using any of the available methods.

Necessary money transfer information while send money to China using Xoom -

Transfer Type Online
Pay-In Methods
Bank Account
Credit Card
Debit Card
Pay-Out Methods Bank
Fee $8.88 when sending with Bank Account
Speed Instant
Security
1. Offers a money-back guarantee
2. Website relies on 128-bit encryption
3. Works with a number of leading banks

PROS

Offers 24/7 customer service

Track your transfers

Money-back guarantee

CONS

Many money transfer providers that service larger international networks than Xoom.

How to send money to China ?

1. Sender can transfer the money using a computer or a mobile device.

2. After filling details, you can choose payment options.

3. Enter your recipient’s details.

4. Track the progress of your transfer.

5. Xoom lets you cancel your transfer if it hasn’t gone through, and cancellations do not attract any fees.

3. Pangea Money Transfer

Necessary money transfer information while send money to China using Pangea Money Transfer -

Transfer Type Online
Pay-In Methods Debit Card
Pay-Out Methods Bank
Fee $4.99
Speed 1-2 days

PROS

Pangea Money Transfer’s online transfer process is simple and straightforward

Low transfer fees

Pangea Money Transfer’s many agents worldwide

Earn $30 off a future transfer by referring friends

CONS

Limited receiving countries only for sending money.

For individuals only. If you’re a business looking to schedule payments, you’ll need to look at other services.

How to send money to China ?

1. Create a free account with your details.

2. Enter sending amount for your receiver country.

3. Once check final exchange rate and transfer fee.

4. Pay using your payment method.

5. Your recipient will receive a text message with a unique transfer code to use when picking up cash.

4. Money2Anywhere

Necessary money transfer information while send money to China using Money2Anywhere -

Transfer Type Online
Pay-In Methods Bank Account
Pay-Out Methods Bank Account
Fee $30
Speed 3-5 days

PROS

Best exchange rates

Multiple payment options

Safe and secure

CONS

Transfers for certain countries can be expensive

5. Western Union

Necessary money transfer information while send money to China using Western Union -

Transfer Type
Online
At agent locations
Mobile apps
Pay-In Methods
Bank account
Credit/debit card
Pay With Cash
Pay-Out Methods
Bank
Cash
Fee $0.00 fee for online bank account
Speed 3-5 days

PROS

More than 500,000 agent locations around the world

Multiple transfer and pick up options

Safe and secure

CONS

Low maximum transfer amount

How to send money to China ?

1. Set up a free account.

2. Log into account and initiate transfer.

3. Choose your payment method.

4. Fill recipient’s name and contact information.

5. If sending to a bank account, you’ll need the bank name and account number. If you’re sending a prepaid card for home delivery, you’ll need the address and phone number.

6. Fill your contact information.

7. Complete the transaction

6. Moneygram

Necessary money transfer information while send money to China using Moneygram -

Transfer Type
Online
In person
Pay-In Methods
An agent location
Online
Pay-Out Methods
Account deposit
Cash Pickup
Fee Lower fee than banks
Speed 3-5 days

PROS

Second largest money transfer provider

Wide range of sending, receiving and financing options

Fast and secure transactions

CONS

Maximum online transfer amount.

Fees can be higher when you use a credit or debit card to pay.

7. Transfast

Necessary money transfer information while send money to China using Transfast -

Transfer Type Online
Pay-In Methods
Bank account
Debit card
Credit Card
Pay-Out Methods Bank Transfer
Fee $4.99
Speed 3-5 days

PROS

Initiate transfer just creating account

Customer can choose from multiple payment options

Safe and secure

CONS

Higher fee when sending from credit card

How to send money to China ?

1. Visit Transfast’s website.

2. Select your recipient’s country.

3. Enter the amount you want to send.

4. Enter your recipient’s information and delivery method.

5. Pay for your transfer via bank account, credit card or debit card.

6. Review and confirm your transaction.

7. Complete the transaction