Sending Money to China Suppliers: Your Complete Guide

In the digital age, sending money to China suppliers has become more accessible than ever. If you’re looking to pay for goods or services, you have a variety of payment options at your disposal. You can send money instantly, although some methods may take 1 to 4 business days. Whether you prefer using your bank account, a credit/debit card, mobile phone, or WeChat account, you can transfer currency quickly to your business partners.

Are you ready to save both time and money? As an experienced purchasing company, we’re here to help you get what you need without spending hours looking through catalogs or waiting on hold with customer service representatives. This article will clear your doubts about how to send money to China. Let’s dive right into how businesses can send payments to China using safe and quick methods.

Before Your Money Sends to China, You Need to Know:

Exchange Rates

The exchange rate between USD and CNY remains relatively stable, with occasional fluctuations. You have the option to exchange currency in advance or lock in prices, both of which will help you prepare for these shifts.

Transfer Fees

Sending money across the border always incurs some extra fees, which can sometimes be hidden in the exchange rate. When sending a large amount of money, the exchange rate may be automatically reduced.

Transfer Limits

The amount of money you can transfer varies by country, and different amounts will attract either higher or lower fees. So, it’s essential to search for the best deal based on the amount of Chinese Yuan you need to transfer.


Money transfers through local banks may take more than a week or longer. If you want quick delivery, we recommend searching for a digital specialist to offer instant transfers to China. We use them almost every time.

Maximum Limits

When exchange rates are favorable, sending money can save you money for the future. If you intend to send a large amount of money to China, you’ll need a provider that doesn’t impose limits.

10 Ways to Send Money to China

As experienced money transfer users, we’ve explored a variety of methods for sending money to China. Here are the top 10 ways we’ve used and can recommend:


PayPal is the fastest and most reliable money transfer service. Its user-friendly experience and worldwide network make it the best choice for transferring funds to families overseas or businesses. You can check your transfer history when using PayPal.

How it works:

  1. Select the account type and fill out the form to register the account.
  2. Add your bank and card information.
  3. Verify your account through your phone number and email.

PayPal is the fastest method for sending funds to China.

Bank or Wire Transfers (via SWIFT)

You can also use banks to send payments to a business account in China. Wire transfer or bank transfer using SWIFT is reliable for sending funds.

How it works:

  1. Gather the recipient’s bank details.
  2. Provide additional delivery instructions to the bank.


Wise is a reliable money transfer company known for offering the best exchange rates. The transfer fee is 2.95 USD plus 1.19% of the total amount.

How it works:

  1. Sign up for an account and add the amount you want to transfer.
  2. Select the transfer type and add your address.
  3. Add the bank details of the recipient.


Companies use electronic money institutions like WorldRemit to send money online to China. It does not charge any fee, but the transfer limit is $5000.

How it works:

  1. Log in or sign up to your WorldRemit account.
  2. Select the amount and the country where you want to transfer money.
  3. Enter the recipient’s details, bank details, name, and address.


The cheapest funds transfer company is Remitly, with no charges for the first transfer and $3 for every $1000 afterward.

Credit Card

You can use a credit card for funds transfer to a business partner in China. However, the fee is usually high for credit card transfers.


International money transfers with Xendpay are secure, with funds reaching your Chinese Yuan account within 2 to 3 business days.

Letter of Credit

The best money transfer method to send money overseas is a letter of credit. It offers protection to both sellers and buyers.

Western Union

Western Union is also a reliable method for electronic money transfer to banks in China.

TT Payment

Wire fund transfer or telegraphic transfer is also secure for transactions to China.

Want to send money to China suppliers safely? Ningqu has a rich experience, and we can help you send money to suppliers in an easy, safe way.

7 Tips for Sending Money to China

If you want to transfer money to China, you’ll notice that there are several ways to do so. Only a few are safe, quick, and economical. According to the World Bank, China is one of the top remittances receiving countries. Here are some tips for optimizing Chinese money transfers:

  1. Use an Online Money Transfer Service: Specialists for online money transfer offer better exchange rates and cheaper fees compared to traditional methods.
  2. Check the Chinese Currency Rules: Ensure your recipient can accept transfers in the currency you choose.
  3. Compare Exchange Rates and Transfer Fees: Look for a service with competitive exchange rates, especially when sending a large amount.
  4. Pay by Local Bank Transfer or Use the Cheapest Payment Method: Using local bank transfer is often the most cost-effective option.
  5. Go to the Bank to Send Money to China: Follow regulations when using a bank for transfers.
  6. Use a Registered Payments Institution: Choose a registered payment institution for safe money transfers.
  7. Look for Refund Policy for Unexpected Expenses: Make sure you won’t incur unexpected costs during the transfer process.

FAQs about Send Money to China

While sending money to China, you may have many questions. Here are some frequently asked questions with the best suitable answers:

  1. How Long Will a Money Transfer to China Take?
    • The recipient in China indicates that it usually takes 7 to 10 days to receive the money.
  2. Can I Use Xoom for Funds Transfer to China?
    • Yes, you can use Xoom for depositing funds using a UnionPay debit card but only in mainland China.
  3. How Can I Send Money Internationally?
    • Your bank, Western Union, PayPal, and Wise are considered to be the best ways to transfer money.
  4. How Monito Helps in Sending Money to China?
    • Monito helps you find the most suitable option for payment transfer anywhere in the world, offering the fastest, cheapest, and best-rated payment platforms.
  5. Which Bank Is Best for International Transfers?
    • Wells Fargo is on top of the list for transferring money at the international level.
  6. How to Link PayPal with a Chinese Bank?
    • Linking PayPal with a Chinese bank is easy. Check the top bar of the PayPal application, which shows linked debit cards and credit cards, and click on the link to a new bank account.

What’s Next

Sending funds to China is easy. Know the processes and which payment network is best for the transfer. We’ve discussed ten money transfer ways with more flexible delivery options. They have their benefits and limitations. Depending on your business needs, select any form to transfer money to China.

We’ve explored a few money transfer services you can use to transfer money to China. If you need help selecting a money transfer provider to China, check out our website. You can easily get your payments where they need to go quickly and securely.

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