Comments on: 5 Cheapest Ways to Get Money to China in 2026

By: Josh Summers

Josh Summers — Fri, 15 May 2020 02:21:47 +0000

In reply to Jessy. They use decent exchange rates. I would double check against a service like Transferwise, though, to make sure you're getting a good deal. Because a lot of times a bank like Chase will also charge you $40 just to do the transfer.

By: Jessy

Jessy — Wed, 13 May 2020 17:32:42 +0000

How is the exchange rate with Chase? I’ve tried searching on chase website and online but co find anythIng. I need to wire tlmore than $5k to china. ThAnk you!

By: Josh Summers

Josh Summers — Sun, 13 Oct 2019 13:48:26 +0000

Unfortunately, that kind of information changes all the time, so I hesitate to give a definitive answer. I have successfully used Transferwise to send to a Bank of China account in the past, but things may have changed since then.

By: Josh Summers

Josh Summers — Wed, 05 Dec 2018 14:17:50 +0000

Hi Rita, in my experience, you can save a little bit of money by waiting every couple of months – but it’s not a lot. Your best bet is to send money home via a wire transfer with your Chinese bank. It’s the most up-to-date exchange rate and you avoid a lot of the other transfer fees involved. There are a lot of services that can help you get money INTO China, but very few of them are allowed to help you get money OUT of China.