Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for United States Dollar 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 USA. 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 rate to transfer money to China from USA?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to Chinese Yuan money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from USA to China. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to CNY remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to transfer money from USA to China?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to China from USA. 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 USD 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 USA.

Question 4

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

Accepted Answer

We do not recommend using your local bank in USA for your next USD to CNY overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from USA to China (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending CNY to China. These companies will let you use your local bank account in USA to pay for your China money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to transfer money from USA to China?

Accepted Answer

If you need to convert USD to CNY as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from USA to China could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your United States Dollar to Chinese Yuan funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to China.

With so many choices available, make sure to compare various forex operators that enable you to remit money from USA to China. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for USA 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 United States Dollar 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 USA

Accepted Answer

With so many possible ways to transfer United States Dollar 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 USA 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 USA 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 USD 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 USD	7.07 CNY
5 USD	35.35 CNY
10 USD	70.71 CNY
25 USD	176.77 CNY
50 USD	353.55 CNY
100 USD	707.09 CNY
150 USD	1,060.64 CNY
200 USD	1,414.18 CNY
250 USD	1,767.73 CNY
300 USD	2,121.27 CNY
400 USD	2,828.36 CNY
500 USD	3,535.45 CNY
600 USD	4,242.54 CNY
700 USD	4,949.63 CNY
800 USD	5,656.72 CNY
1,000 USD	7,070.90 CNY
1,500 USD	10,606.35 CNY
2,000 USD	14,141.80 CNY
2,500 USD	17,677.25 CNY
3,000 USD	21,212.70 CNY
4,000 USD	28,283.60 CNY
5,000 USD	35,354.50 CNY
10,000 USD	70,709.00 CNY
15,000 USD	106,063.50 CNY
20,000 USD	141,418.00 CNY
30,000 USD	212,127.00 CNY
40,000 USD	282,836.00 CNY
50,000 USD	353,545.00 CNY
100,000 USD	707,090.00 CNY

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

Found 14 Remittance Service Providers

All you need to know about US Dollar to Chinese Yuan money transfers

Latest USD to CNY Conversion Rates

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

How to get the best rate to transfer money to China from USA?

What's the cheapest way to transfer money from USA to China?

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

What is the fastest way to transfer money from USA to China?

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

Step by step guide to transfer money to China from USA

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