Question 1

What's the best way to transfer money from Romania to China?

Accepted Answer

There are many good choices when it comes to sending money from Romania to China. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Romanian Leu to CNY money transfers.

We compare different remittance companies to bring you the best options to send money to China from Romania. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Romanian Leu to Chinese Yuan money transfers. You can take advantage of these deals and make the most of your hard earned money.

Question 2

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

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to China from Romania. 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 RON to Chinese Yuan 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 Romania to China corridor to give you more good choices for your next CNY money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

When you want to send money to China from Romania, you obviously want the cheapest possible option to maximize the money your recipient gets in Chinese Yuan. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your RON to CNY money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Romania to China. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Romania to China exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Chinese Yuan overseas.

Question 4

Should I use my bank to transfer money from Romania to China?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Romania to China. 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 RON to CNY 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 Romania bank for your China 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 do a money transfer to China from Romania?

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Romania 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 RON 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 Romania to China money transfers.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for Romania 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 Romanian Leu 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.

Question 7

Step by step guide to transfer money to China from Romania

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 Romania to China, 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 Romania to China 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 China where they can receive monies in Chinese Yuan.
Then, provide details of your Romania 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 RON travel to another part of the globe.

1 RON	1.56 CNY
5 RON	7.82 CNY
10 RON	15.65 CNY
25 RON	39.12 CNY
50 RON	78.23 CNY
100 RON	156.46 CNY
150 RON	234.69 CNY
200 RON	312.92 CNY
250 RON	391.15 CNY
300 RON	469.38 CNY
400 RON	625.84 CNY
500 RON	782.30 CNY
600 RON	938.76 CNY
700 RON	1,095.22 CNY
800 RON	1,251.68 CNY
1000 RON	1,564.60 CNY
1500 RON	2,346.90 CNY
2000 RON	3,129.20 CNY
2500 RON	3,911.50 CNY
3000 RON	4,693.80 CNY
4000 RON	6,258.40 CNY
5000 RON	7,823.00 CNY
10000 RON	15,646.00 CNY
15000 RON	23,469.00 CNY
20000 RON	31,292.00 CNY
30000 RON	46,938.00 CNY
40000 RON	62,584.00 CNY
50000 RON	78,230.00 CNY
100000 RON	156,460.00 CNY

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