Question 1

What's the best way to send money from China to India?

Accepted Answer

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from China to India. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Chinese Yuan to INR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send CNY to INR in India. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to India from China. We provide you with maximum choices to send money to India by comparing competing money transfer companies thereby making you the winner in the end.

Question 2

How to get the best exchange rate for your money transfers from China to India?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to India.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your China to India transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your CNY to Indian Rupee money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way for transferring money to India from China?

Accepted Answer

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from China to India via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Chinese Yuan to Indian Rupee remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best China to India exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for CNY to INR remittances.

Question 4

Should I use my bank to send money from China to India?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from China to India. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CNY to INR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your China bank for your India money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

What is the fastest way to transfer money from China to India?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from China to India. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert CNY to INR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Indian Rupee. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your China to India money transfers.

Question 6

Which are the best money transfer companies to send money to India from China?

Accepted Answer

The first step in selecting the best money transfer operators for China to India remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Chinese Yuan to Indian Rupee money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to India.

Question 7

Step by step guide to send money from China to India

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from China to India, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from China to India that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in India where they can receive monies in Indian Rupee.
Then, provide details of your China bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your CNY travel to another part of the globe.

1 CNY	13.56 INR
5 CNY	67.82 INR
10 CNY	135.63 INR
25 CNY	339.08 INR
50 CNY	678.17 INR
100 CNY	1,356.33 INR
150 CNY	2,034.50 INR
200 CNY	2,712.66 INR
250 CNY	3,390.83 INR
300 CNY	4,068.99 INR
400 CNY	5,425.32 INR
500 CNY	6,781.65 INR
600 CNY	8,137.98 INR
700 CNY	9,494.31 INR
800 CNY	10,850.64 INR
1000 CNY	13,563.30 INR
1500 CNY	20,344.95 INR
2000 CNY	27,126.60 INR
2500 CNY	33,908.25 INR
3000 CNY	40,689.90 INR
4000 CNY	54,253.20 INR
5000 CNY	67,816.50 INR
10000 CNY	135,633.00 INR
15000 CNY	203,449.50 INR
20000 CNY	271,266.00 INR
30000 CNY	406,899.00 INR
40000 CNY	542,532.00 INR
50000 CNY	678,165.00 INR
100000 CNY	1,356,330.00 INR

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