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

Compare today's MNT to CNY (Mongolian Togrog to Chinese Yuan) exchange rates

Mongolia
China
MNT

Interbank Exchange Rate: 1 MNT = 0.0021 CNY
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Mongolian Togrog to Chinese Yuan money transfers

Easily compare money transfer providers in one place to send money from Mongolia to China. Send money overseas to your loved ones by comparing Mongolian Togrog (MNT) to Chinese Yuan (CNY) 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.

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 Mongolia.

Were you looking to send money from China to Mongolia 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 MNT to CNY Conversion Rates

Here are some latest MNT to CNY (Mongolian Togrog to Chinese Yuan) exchange rates for popular conversion amounts*.

1 MNT0.00 CNY
5 MNT0.01 CNY
10 MNT0.02 CNY
25 MNT0.05 CNY
50 MNT0.11 CNY
100 MNT0.21 CNY
150 MNT0.32 CNY
200 MNT0.42 CNY
250 MNT0.53 CNY
300 MNT0.63 CNY
400 MNT0.84 CNY
500 MNT1.05 CNY
600 MNT1.26 CNY
700 MNT1.47 CNY
800 MNT1.68 CNY
1,000 MNT2.10 CNY
1,500 MNT3.15 CNY
2,000 MNT4.20 CNY
2,500 MNT5.25 CNY
3,000 MNT6.30 CNY
4,000 MNT8.40 CNY
5,000 MNT10.50 CNY
10,000 MNT21.00 CNY
15,000 MNT31.50 CNY
20,000 MNT42.00 CNY
30,000 MNT63.00 CNY
40,000 MNT84.00 CNY
50,000 MNT105.00 CNY
100,000 MNT210.00 CNY

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


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

Sending money internationally to China from Mongolia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Mongolian Togrog to CNY remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to China. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Chinese Yuan.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Mongolia to China transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MNT to Chinese Yuan international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Mongolian Togrog to Chinese Yuan exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

The final amount your recipient gets when you send MNT to CNY is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Mongolia to China used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Chinese Yuan is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Mongolian Togrog to China exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Mongolia to China money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MNT to CNY transfers.

Given this, there are umpteen additional options to send money to China instead of just your Mongolia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Mongolian Togrog even more so that your recipient in China gets the maximum amount.


What is the fastest way to do a money transfer to China from Mongolia?

It could be a stressful experience if you need to rush money quickly from Mongolia to China. 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 MNT to CNY. 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 Chinese Yuan. 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 Mongolia to China money transfers.


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

The first step in selecting the best money transfer operators for Mongolia to China 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 Mongolian Togrog to Chinese Yuan 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 China.


Step by step guide to send money to China from Mongolia

Follow the below easy steps to send money to China from Mongolia.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Mongolia bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in China).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MNT to CNY remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.