Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's CNY to MWK (Chinese Yuan to Malawian Kwacha) exchange rates

China
Malawi
CNY

Interbank Exchange Rate: 1 CNY = 249.7951 MWK
Updated about an hour ago

Found 1 Remittance Service Providers

airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 CNY =
246 267.20 MWK
Transfer Limit (CNY): No Limits
Indicative Rate1 CNY = 246.2672 MWK

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Chinese Yuan to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from China to Malawi. Send money overseas to your loved ones by comparing Chinese Yuan (CNY) to Malawian Kwacha (MWK) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from China to Malawi.

The best rate to send Malawian Kwacha from Chinese Yuan to your loved ones in Malawi is currently offered by Airwallex; their 1 CNY to MWK exchange rate today is 246.2672.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from China.

Were you looking to send money from Malawi to China instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest CNY to MWK Conversion Rates

Here are some latest CNY to MWK (Chinese Yuan to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 CNY249.80 MWK
5 CNY1,248.98 MWK
10 CNY2,497.95 MWK
25 CNY6,244.88 MWK
50 CNY12,489.76 MWK
100 CNY24,979.51 MWK
150 CNY37,469.27 MWK
200 CNY49,959.02 MWK
250 CNY62,448.77 MWK
300 CNY74,938.53 MWK
400 CNY99,918.04 MWK
500 CNY124,897.55 MWK
600 CNY149,877.06 MWK
700 CNY174,856.57 MWK
800 CNY199,836.08 MWK
1,000 CNY249,795.10 MWK
1,500 CNY374,692.65 MWK
2,000 CNY499,590.20 MWK
2,500 CNY624,487.75 MWK
3,000 CNY749,385.30 MWK
4,000 CNY999,180.40 MWK
5,000 CNY1,248,975.50 MWK
10,000 CNY2,497,951.00 MWK
15,000 CNY3,746,926.50 MWK
20,000 CNY4,995,902.00 MWK
30,000 CNY7,493,853.00 MWK
40,000 CNY9,991,804.00 MWK
50,000 CNY12,489,755.00 MWK
100,000 CNY24,979,510.00 MWK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do China to Malawi money transfers?

It can be very confusing when sending money from China to Malawi given so many choices. Additionally, Chinese Yuan to MWK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose China to Malawi as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Malawi from China. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Chinese Yuan to Malawian Kwacha remittances.


How to get the best exchange rate for sending money from China to Malawi?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Malawi from China. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CNY to Malawian Kwacha money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the China to Malawi corridor to give you more good choices for your next MWK money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from China to Malawi?

One of the most important things to watch out for is hidden fees when sending money to Malawi from China. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malawi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malawian Kwacha foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best CNY to Malawi exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malawi from China.


How to send money to Malawi from China through a bank?

Bank transfers have been a traditionally popular way to send money overseas from China to Malawi. 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 MWK 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 Malawi 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.


How to send money from China to Malawi fast?

The speed of your Chinese Yuan to Malawian Kwacha funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert CNY to MWK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Malawi from China is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malawi if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MWK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than China bank to Malawi bank transfer.


Which are the best money transfer companies to transfer money to Malawi from China?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from China to Malawi, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Chinese Yuan to Malawian Kwacha exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MWK money transfers to Malawi. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Malawi getting more money for every Chinese Yuan you send.


Step by step guide to transfer money to Malawi from China

With so many possible ways to transfer Chinese Yuan to Malawian Kwacha, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your China to Malawi remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in China and the receiver in Malawi. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your CNY to Malawian Kwacha money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.