Bank of China exchange rates

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

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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 250 1 - 2 days AUD 0.00 4.758 CNY
$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 200 1 day AUD 0.00 4.741 CNY
Low minimum transfer amount of just AU$200, with no set-up fees or transfer fees. Go to site Show details
AUD 1 Within an hour AUD 3.99 4.722 CNY
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available. Go to site Show details
AUD 3,000 1 day AUD 0.00 4.761 CNY
Global Reach will match any competitor's exchange rates. Conditions apply.
No transfer fee when transferring more than £10,000 or equivalent. Send money in over 130 currencies. No maximum transfer amount.
Go to site Show details
AUD 200 1 - 2 days AUD 50.00 4.790 CNY
Exclusive: Finder customers receive $15 off their first transaction. T&Cs apply.
Quick and simple international money transfers with zero-margin exchange rates. There's a flat 0.5% transfer fee for most transfers. Earn loyalty points on sign up, referral and every transaction.
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.

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