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Bank of China exchange rates

Find out what the Bank of China's exchange rates are before you send money overseas.

Updated

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Getting a better exchange rate means more money for you and your recipient – especially on a large transfer.

As such, it's important to compare exchange rates from several services before sending money overseas. In this guide, we'll go through how you can find the Bank of China's rates and how they compare.

What are the Bank of China's foreign exchange rates?

To find out what the exchange rate is to send AUD with the Bank of China, you'll need to either have an account or call and speak to one of its currency specialists. In Australia, the banks generally add around 5% to 10% to the mid-market exchange rate, so you can expect to see something similar here.

A lot of specialist money transfer services, by comparison, will only add a margin of 1% to 2%. Get some quotes below to see how the Bank of China compares to the other options and to the mid-market rate.

Sending money with the Bank of China: What to know

What we like

  • Quick RMB transfers. Pre-settled RMB transfers mean you can send money to mainland China almost instantly.
  • Schedule transfers. You can set up a transfer online to happen at a future date.

What to watch out for

  • Limited options. If you need to deal with a wider range of currencies or countries, the Bank of China might not be suitable.
  • Uncompetitive rates. Bank of China takes a margin on exchange rates, while some specialist money transfer services will offer better mid-market rates.

How do the Bank of China's exchange rates compare?

Because exchange rates make such an impact on how much money arrives, it's worth comparing your options before making a transfer.

The table below will show you what your transfer could look like with other services.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 4.755 CNY
47,546
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 2,000 1 day AUD 0.00 4.755 CNY
47,546
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 250 1 - 2 days AUD 0.00 4.755 CNY
47,546
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 0 Same day AUD 2.99 4.721 CNY
47,198
Special offers like free transfers and better exchange rates available for new customers.
Affordable transfers around the world with both express and economy options. Express transfers delievered in as little as 10 minutes for an extra fee.
Go to site Show details
AUD 1 Same day AUD 0.00 4.75 CNY
47,498
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 200 1 - 2 days AUD 50.00 4.764 CNY
47,406
Exclusive: Use code FINDER10 to receive US$10 off your first transaction.
Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.
Go to site Show details
AUD 1 Same day AUD 3.99 4.716 CNY
47,145
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
Go to site Show details

Compare up to 4 providers


The "Rate" and "Amount Received" displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention "Finder" before you commit to a brand.

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

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