Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Kenyan Shilling to CNY money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to China from Kenya. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final CNY amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best remit rate for transferring money from Kenya to China?

Accepted Answer

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to China from Kenya.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your KES to Chinese Yuan remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for KES to CNY remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.

Question 3

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

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to China from Kenya. 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 China using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Chinese Yuan foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best KES to China 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 China from Kenya.

Question 4

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

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low KES to CNY exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Kenya to China money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to China from Kenya. They do this by letting you fund your transaction through your local bank account in Kenya, and by allowing you to choose the payout to be your recipient's bank account in China. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money to China from Kenya fast?

Accepted Answer

The speed of your Kenyan Shilling to Chinese Yuan 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 KES to CNY. 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 China from Kenya 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 China 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 CNY into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Kenya bank to China bank transfer.

Question 6

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

Accepted Answer

Since the Kenyan Shilling to Chinese Yuan money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Kenya that may also be able to send money to China. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your KES to CNY money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in China gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Kenya to China transaction.

Question 7

Step by step guide to send money from Kenya to China

Accepted Answer

With so many possible ways to transfer Kenyan Shilling to Chinese Yuan, 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 Kenya to China 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 Kenya and the receiver in China. 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 KES to Chinese Yuan money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 KES	0.05 CNY
5 KES	0.27 CNY
10 KES	0.53 CNY
25 KES	1.33 CNY
50 KES	2.67 CNY
100 KES	5.33 CNY
150 KES	8.00 CNY
200 KES	10.66 CNY
250 KES	13.33 CNY
300 KES	15.99 CNY
400 KES	21.32 CNY
500 KES	26.65 CNY
600 KES	31.98 CNY
700 KES	37.31 CNY
800 KES	42.64 CNY
1000 KES	53.30 CNY
1500 KES	79.95 CNY
2000 KES	106.60 CNY
2500 KES	133.25 CNY
3000 KES	159.90 CNY
4000 KES	213.20 CNY
5000 KES	266.50 CNY
10000 KES	533.00 CNY
15000 KES	799.50 CNY
20000 KES	1,066.00 CNY
30000 KES	1,599.00 CNY
40000 KES	2,132.00 CNY
50000 KES	2,665.00 CNY
100000 KES	5,330.00 CNY

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