USD to CNY exchange rate | Send money from United States to China

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📈 USA to China Money Transfer Snapshot Today

Best USD to CNY exchange rate today: CNY 6.9465, offered by MoneyGram
Number of money transfer providers compared: 15
Exchange rate range: CNY 6.7702 to CNY 6.9465
Potential savings on USD 1000: CNY 176.30
Number of deals and promo codes: 4
Mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real USD to CNY exchange rate before providers add their margin or fees. exchange rate: 1 USD = CNY 6.8915 (Updated about an hour ago)

See detailed USA to China money transfer comparison below.

Money Transfer Providers that matched the search criteria

💡What today's USD-CNY exchange rates mean for you

Compare today's USD-CNY exchange rates and send money from USA to China with confidence. View provider pricing, read detailed reviews, and discover current deals and promotional offers — all in one place.

We compared 15 providers serving this corridor today. Here is how the market looks like right now:

Today's Most Competitive USA to China Providers

🥇 MoneyGram with 1 USD = 6.9465 CNY (best USD to CNY exchange rate today).

🥈 Western Union offering 1 USD = 6.9176 CNY.

🥉 Regency FX & Key Currency are also pricing USD-CNY competitively today.

USD-CNY exchange rates fluctuate throughout the day, and top positions can change quickly. The best provider for a USD 1000 transfer may not be the cheapest for larger amounts.

That's why comparing money transfer providers can significantly impact the final CNY received in China.

🔄 Looking for the reverse route? Send money from China to USA instead.

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 USA.

👇 Look beyond today's USD-CNY exchange rate — historical pricing trends show how they can affect the overall transfer cost of your transfer.

Whilst the exchange rate matters, long-term pricing patterns show that exchange rate markup, transfer fees, and payment and delivery methods can significantly influence your final payout.

Below, we analyze USA to China historical remittance data to help you understand where costs may arise and strategies to potentially maximize your CNY payout.

Data-driven cost insights for USA to China money transfers

When you send money internationally from USA to China, the key factors that will influence the overall cost of your transaction are:

USD-CNY exchange rate
Transfer fee
Payment method
Delivery method

Ideally, you would want to optimize these 4 factors to try to get the maximum CNY payout for your overseas recipient in China.

Another counter-balancing aspect is money transfer speed. If you need to rush money from USA to China, you may have to compromise on some or all of the above factors.

To put these factors into a better perspective with a data-driven approach, we have analyzed historical remittance pricing¹ for the USA to China corridor, comparing total transfer costs, FX margins, fees, and payment and delivery methods across providers.

This historical analysis based on actual USD-CNY transfer data could prove useful in identifying the lowest-cost funding options and payout combinations, thereby helping you reduce transfer costs and maximize the amount received.

Before we deep dive, here are the key trends from our analysis, summarized in an easy to read manner.

📌 Key insights for USA to China money transfers

Typical total cost: 6.87% (range -0.13% to 22.50%, spread 22.63 pp)
Potential value difference: On a USD 200 transfer, that spread can save you up to USD 45.26.
FX markup (exchange rate margin): 0.63% (range -0.33% to 2.80%, spread 3.13 pp)
Average transfer fee: USD 12.48 (range USD 0.00 to USD 45.00)
Cheapest payment/delivery method combo: Cash → Bank Deposit (3.31% avg cost); most expensive is Credit Card → Cash Pickup (8.79%)
Method choice impact: Cheapest vs most expensive combo differs by about 5.48 percentage points.
Market coverage: ~10 active providers (competition level: moderate)
Typical speed: About 22 hours

What to do next: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.

Below, we provide various useful and detailed insights for USA to China money transfers.

📈 USD to CNY exchange rate markup can be the biggest hidden cost

The exchange rate on your USA to China money transfers can often be the single biggest factor that will determine your overall USD cost and your recipient's CNY payout.

To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real USD to CNY exchange rate before providers add their margin or fees. exchange rate and the exchange rate you receive.

Based on 284 pricing observations across 10 providers over the last 3 years (for a USD 200 money transfer benchmark), we see the following exchange rate markup ranges for US Dollar to China transfers:

Average exchange rate markup: 0.63%
Median exchange rate markup: 0.00%
Lowest observed markup: -0.33%^ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts.
Highest observed markup: 2.80%

That is an FX markup spread of 3.13 percentage points between the lowest and highest observed exchange rate markups.

This spread is important because FX markup is not consistent across providers or payment methods. In other words, a "good deal" on one day or transfer amount can look very different on another.

For example, on a USD 200 transfer, the above markup range is equivalent to roughly CNY 6.26 purely from differences in the exchange rate. That incremental saving can be CNY 15.65 for a USD 500 transfer.

How to use this insight: When comparing providers for USA to China international remittances, always compare the exchange rate you receive (not just fees). A small difference in the FX markup can outweigh fees quickly, and the impact typically grows as transfer amounts increase.

USD to CNY exchange rate can be the single most critical cost determining factor for your transfer. When comparing providers, pay close attention to the rate you will get.

💰 Transfer fees influence your total USA to China remittance cost

Whilst exchange rate is a major factor affecting total percentage cost, the transfer fee itself can also have a major impact on how much of your US Dollar amount actually reaches your recipient in China.

Based on 284 pricing observations across 10 providers over the last 3 years (USD 200 benchmark), we notice the following fee patterns for US Dollar to China money transfers:

Average transfer fee: USD 12.48
Median transfer fee: USD 8.99
Lowest observed fee: USD 0.00
Highest observed fee: USD 45.00

On a USD 200 transfer, the average fee amount of USD 12.48 represents 6.24% of the total amount sent.

Looking at the overall fee variation, even if two providers provide similar exchange rates, a worst case transfer fee can reduce the final payout by USD 45.00 on the same transfer amount.

For larger transfers, fixed fees generally become less significant as a percentage of the total amount. But for smaller transfers, fees can represent a substantial portion of total cost.

How to use this insight: For your next money transfer from USA to Chinese Yuan, look for providers that provide lower (or even 0) fees.

One caveat to this, though, is something called the hidden fee. Some providers may hide their fees by providing lower exchange rates (referred to as a hidden fee), so you should also keep an eye on rates whilst paying attention to fees.

💸 Payment and delivery methods matter for USD-CNY remittances

Based on our detailed analysis of historical pricing on the USA to China corridor, we see meaningful variation in overall cost depending on the payment method and delivery method you choose.

Based on 284 pricing observations across 10 providers over the last 3 years (USD 200 money transfer benchmark), the lowest-cost payment and delivery options consistently differ from the highest-cost ones.

For example, here is the average cost variation for popular payment methods used to send money to China from USA:

Cash: 5.01%
Debit Card: 5.54%
Bank Account Transfer: 7.62%
Credit Card: 8.52%

That is a total spread of 3.51 percentage points.

This means that on a USD 200 USD-CNY transfer, you could save (or lose) up to USD 7.02 simply by choosing from amongst the available payment methods.

The savings will only multiply for higher USD amounts.

Similarly, here is the average cost of popular delivery methods used to send money to China:

Cash Pickup: 6.38%
Bank Deposit: 7.17%

The difference between the above delivery methods is 0.80 percentage points.

Once again, this means that you could save up to USD 1.59 on a USD 200 transfer to China by choosing Cash Pickup versus Bank Deposit.

As you can imagine, the possible combinations of USA payment methods and China delivery methods will all have disparate cost associated with them. Let us look at that next.

Here is a summary table that shows the average cost of payment and delivery method combinations for USA to CNY money transfers.

Payment Method	Delivery Method	Avg cost (%)
Cash	Bank Deposit	3.31
Debit Card	Cash Pickup	4.88
Cash	Cash Pickup	5.38
Debit Card	Bank Deposit	6.21
Bank Account Transfer	Bank Deposit	7.52
Credit Card	Bank Deposit	8.33
Bank Account Transfer	Cash Pickup	8.47
Credit Card	Cash Pickup	8.79

Combinations are sorted by average total cost % (cheapest to most expensive).

As you can see, the cost differential between these USD-CNY payment and delivery options is significant. To put this in further perspective:

Cash → Bank Deposit has the lowest average cost at 3.31%.
Credit Card → Cash Pickup has the highest average cost at 8.79%.
Cash → Bank Deposit average cost is 5.48 percentage points lower than Credit Card → Cash Pickup.
This means that on a USD 200 money transfer, you could save up to USD 17.59 simply by choosing the best payment and delivery method combo.
Further, on a USD 500 money transfer, the savings increase to USD 43.96.

Here is a quick summary of the average historical cost of various payment and delivery methods for USD to China money transfers.

💸 Cheapest payment and delivery methods (data-backed)

Cheapest payment method: Cost of Cash averaged 5.01%, compared to 8.52% for Credit Card, a difference of 3.51 percentage points.
Cheapest delivery method: Cost of Cash Pickup averaged 6.38%, compared to 7.17% for Bank Deposit (0.80 percentage points higher).
Cheapest combo: Cost of Cash → Bank Deposit averaged 3.31%, which is 5.48 percentage points lower than Credit Card → Cash Pickup (8.79%).

How to use this insight: As you compare money transfer providers for your next USA to China international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.

This approach can help you avoid a common remittance pitfall of "cheap exchange rate, expensive methods" that can raise total cost even when the headline exchange rate looks attractive.

You can save money on your USA to China remittances by carefully choosing the most economical payment and delivery methods.

🏦 Are banks more expensive than specialist providers for USD-CNY money transfers?

We compared traditional banks with specialist money transfer providers based on 3 years of pricing data for USA to China transfers (USD 200 benchmark), and noticed some patterns.

We observed that traditional banks charge 3.22 percentage points more on average than specialist money transfer providers for the USA to China remittance corridor.

That means banks are approximately 1.53x more expensive than money transfer companies on average.

Here are the key stats behind this comparison:

	Banks	Specialists	Difference
Average transfer fee	USD 18.53	USD 10.39	USD 8.14
Exchange rate markup	0.00%	0.85%	-0.85 pp
Average total cost (%)	9.27%	6.04%	3.22 pp

How to use this insight: Whilst banks in USA may offer convenience and brand familiarity, specialist money transfer providers often deliver lower overall cost driven by better exchange rates and lower fees. Even if you want to send money overseas with your bank in USA, we recommend comparing with money transfer companies to find the best options.

📊 Does sending more reduce the cost of USD-CNY money transfers?

To see if transfer cost varies based on the amount sent, we compared the average costs of sending USD 200 vs USD 500 from USA to China.

We found that sending the higher amount (USD 500) tends to be cheaper - average cost drops from 6.87% to 4.12%, a reduction of 2.75 percentage points.

It is possible that the cost may continue to drop for higher transfer amounts. That said, always check the latest exchange rates and fees for your transfer amount.

How to use this insight: Since it is generally cheaper to send higher US Dollar amounts to China, consider consolidating smaller, more frequent transfers into fewer, larger sends as doing so may reduce the total cost you pay.

🏛 How competitive is the USA to China remittance market?

Based on 284 pricing observations over the last 3 years (USD 200 money transfer benchmark), the USD-CNY corridor is served by 10 active providers on an average.

With 10 providers serving this market, we consider the level of competition in this corridor to be moderate.

Banks and specialist providers have a fairly balanced presence in this corridor: banks account for 40% of providers (4 out of 10).

A corridor with more active providers is typically more competitive, which can translate into better pricing and more payment and delivery options for your USA to China remittances.

⏱️ How fast are USD-CNY money transfers?

Transfer speed can matter just as much as cost, especially when your recipient in China needs funds urgently.

Based on 284 historical pricing observations across 10 providers over the last 3 years (USD 200 benchmark), here is what we see for USA to China transfers:

Typical transfer time: About 22 hours.
Fastest transfer time: About less than 1 hour.
Slowest transfer time: About 96 hours (~4.0 days).
Average speed at USD 200: About 22 hours.
Average speed at USD 500: About 22 hours.

Banks vs money transfer providers: We observed that banks take on average 9 hours longer than specialist money transfer providers on this corridor.

How to use this insight: If you need to send money from USA to China in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed often varies by payout method (bank vs cash vs wallet) and local rails in China.

On the USA to China corridor, delivery speed can vary across providers, so it is worth comparing transfer speed alongside total cost for time-sensitive money transfers.

Frequently Asked Questions about USA to China money transfers

These FAQs use data from RemitFinder's historical analysis of USA to China money transfers over several years.

What factors affect the total cost of sending money from USA to China?

USD-CNY exchange rate markup, transfer fees, payment method and delivery method all affect total cost.

The total cost of your USD-CNY money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate markup applied, and any transfer fee charged by the provider. You can generally avoid overpaying by comparing various providers.

How much does the exchange rate markup affect USA to China transfers?

USD-CNY exchange rate markup can significantly affect your final payout.

Historical US Dollar to CNY FX markup ranges from -0.33% to 2.80%, a spread of 3.13 percentage points. As you can see, even small differences in the exchange rate markup can easily outweigh fees.

Can USD-CNY exchange rate markup be negative?

Yes, negative markup can occur for USA to China transfers, usually representing a promotional rate.

In some cases, providers may offer promotional exchange rates that are better than the mid-market rate, resulting in a negative USD-CNY exchange rate markup. These offers are typically limited in size, eligibility, or duration. Compare providers to see if you can take advantage of such special offers.

Is the exchange rate or the fee more important for USA to China transfers?

The transfer fee contributes more to pricing variation for USD-CNY transfers (and that remains true at higher amounts).

Exchange rate markup ranges from -0.33% to 2.80% (a spread of 3.13 percentage points). Transfer fees range from USD 0.00 to USD 45.00, which equals roughly 22.50 percentage points of a USD 200.00 transfer.

At both USD 200.00 and USD 500.00, the transfer fee shows larger variation than the other component.

But regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for USA to China transfers.

As the transfer amount increases, the % impact of fees often decreases (because the fee gets spread across a larger USD amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.

For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate markup often becomes the bigger driver. Either way, comparing both helps you get the most CNY for your USD.

How much can USA to China transfer costs vary between providers?

Transfer costs can vary significantly depending on provider and method.

Historical transfer costs range from -0.13% to 22.50% for USD transfers to China. That is a spread of 22.63 percentage points, meaning the difference between providers can be material.

A major contributor to this variation is exchange rate markup. Markup alone ranges from -0.33% to 2.80% (a spread of 3.13 percentage points). Even small differences in FX margin, therefore, can significantly change the final CNY payout.

Why does the same USD transfer cost different amounts when sending CNY to China?

Payment method, delivery method, exchange rate markup, and fees all affect total USD-CNY cost.

Costs vary because providers apply different US Dollar exchange rate markups, charge different transfer fees, and offer different payment and delivery methods. Even small differences amongst all these factors can significantly change the final payout in CNY in China.

How stable are transfer costs in the USA to China corridor?

Money transfer costs can vary meaningfully across providers and methods in the USA to China market.

When we analyzed the historical total cost for USD-CNY transfers, we observed a range from -0.13% to 22.50% (22.63 percentage points), along with a variability (standard deviation) of about 4.83%.

A major driver of cost in this market is exchange rate markup. Markup ranges from -0.33% to 2.80% (3.13 percentage points), with a standard deviation of about 0.93%. Fees and method choices can contribute to further volatility.

This reinforces why comparing money transfer providers and their services can matter when it comes to getting the most of your USD-CNY transfers.

Which payment method is cheapest for USA to China remittances?

Cash is the cheapest payment method in USA based on average cost.

Cash averages 5.01% of total cost compared to Credit Card at 8.52%, a difference of 3.51 percentage points.

Based on this, we recommend paying for your USD transfer with Cash, and avoiding Credit Card if possible.

Is Debit Card cheaper than Credit Card for USA to China transfers?

Debit Card is cheaper on average when sending money to China from USA.

For USD-CNY transfers, Debit Card funding averages 5.54% compared to 8.52% for Credit Card payments, a difference of 2.98 percentage points.

As a result, we recommend that you avoid paying for your transfer to China with a Credit Card.

Which delivery method is cheapest for USD-CNY money transfers?

Cash Pickup is the cheapest delivery method in China on average.

Cash Pickup averages 6.38% total cost compared to Bank Deposit at 7.17%, a spread of 0.80 percentage points.

If your recipient in China can accept Cash Pickup, we recommend choose it as your preferred delivery option for USD-CNY transfers.

Is Bank Deposit cheaper than Cash Pickup for USA to China transfers?

Cash Pickup is cheaper on average for transfers to China.

For USD transfers to China, Bank Deposit averages 7.17% versus 6.38% for Cash Pickup, a difference of 0.80 percentage points. To save more, consider choosing the cheapest delivery option for China.

What is the cheapest way to send money from USA to China?

For USD-CNY transfers, Cash → Bank Deposit has the lowest-cost combination on average.

We evaluated 8 payment and delivery method combinations in the USA to China remittance market.

Based on historical averages, Cash → Bank Deposit costs about 3.31% on average. At the other end of the spectrum, Credit Card → Cash Pickup is the most expensive combination at about 8.79% on average.

The spread between the cheapest and most expensive method combinations is approximately 5.48 percentage points when sending USD to China.

Money transfer providers tend to price payment and delivery methods for USA to China remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your USD-CNY transfers.

Does sending more money reduce the cost for USA to China transfers?

Larger USD-CNY transfers are cheaper as a percentage on average.

The cost of a USD 200 transfer averages 6.87% as compared to 4.12% for a USD 500 transfer, a difference of 2.75 percentage points.

Note that transfer cost can change quickly based on the USD amount you send, so ensure to carefully compare providers.

How long does it take to send money from USA to China?

Most USD-CNY transfers complete in about 22 hours.

Based on our analysis, the average transfer time is 22 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).

Are instant transfers available from USA to China?

Yes, some transfers to China from USA can complete in less than one hour.

Historical data shows that certain providers can complete transfers in under one hour.

Note that the actual speed of your USD-CNY transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.

Are banks more expensive than money transfer companies for USA to China?

Banks in USA are more expensive than specialist money transfer providers on average.

Banks average 9.27% total cost compared to 6.04% for specialist money transfer providers in USA, a difference of 3.22 percentage points.

Why do banks charge more for USA to China transfers?

Banks in USA often apply higher exchange rate markups and charge high wire transfer fees.

In this corridor, banks average 9.27% total cost compared to 6.04% for money transfer specialists.

The difference is often due to the fact that banks in USA charge higher exchange rate markups, and often higher wire transfer fees as well.

How competitive is the USA to China remittance market?

On an average, there have been 10 active providers facilitating USD-CNY transfers.

Based on historical data, the competition level in USA to China is considered moderate with 10 active providers.

Specialist money transfer providers represent about 60% of identified providers in USA.

Do I risk overpaying if I do not compare providers for USA to China?

The difference between providers servicing USA to China can be meaningful, especially as the USD transfer amounts increase.

Historically, total USD-CNY transfer cost has varied by about 22.63 percentage points. On a USD 200 transfer, that can translate to roughly USD 45.26 in savings.

USD-CNY exchange rate markup also varies across providers. The average markup spread has been about 3.13 percentage points. On a USD 200 transfer, that is roughly USD 6.26 saved from FX alone.

Fees can also make a big difference in this market. The fee difference across providers has been about USD 45.00 traditionally.

That is why comparing providers can materially change how much of the USD you send does your recipient receive in China in China.

Latest USD to CNY Conversion Rates

Here are some latest USD to CNY (US Dollar to Chinese Yuan) exchange rates for popular conversion amounts*.

1 USD	6.89 CNY
5 USD	34.46 CNY
10 USD	68.91 CNY
25 USD	172.29 CNY
50 USD	344.58 CNY
100 USD	689.15 CNY
150 USD	1,033.73 CNY
200 USD	1,378.30 CNY
250 USD	1,722.88 CNY
300 USD	2,067.45 CNY
400 USD	2,756.60 CNY
500 USD	3,445.75 CNY
600 USD	4,134.90 CNY
700 USD	4,824.05 CNY
800 USD	5,513.20 CNY
1000 USD	6,891.50 CNY
1500 USD	10,337.25 CNY
2000 USD	13,783.00 CNY
2500 USD	17,228.75 CNY
3000 USD	20,674.50 CNY
4000 USD	27,566.00 CNY
5000 USD	34,457.50 CNY
10000 USD	68,915.00 CNY
15000 USD	103,372.50 CNY
20000 USD	137,830.00 CNY
30000 USD	206,745.00 CNY
40000 USD	275,660.00 CNY
50000 USD	344,575.00 CNY
100000 USD	689,150.00 CNY

*Based on the Mid-market^ⓘThe mid-market exchange rate (also called the interbank rate) is the real USD to CNY exchange rate before providers add their margin or fees. Exchange Rate. Actual payout may vary based on the chosen money transfer provider.

Other popular countries to send money from USA

¹ Based on 284 pricing observations across 10 firms over the last 3 years for a USD 200 money transfer from USA to China. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.

How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the USA to China remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.

Compare today's USD to CNY (US Dollar to Chinese Yuan) exchange rates