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Looking for the best way to send money from Australia to family, friends or businesses in China (or even to your own bank account)? Don't head straight to your Australian bank - turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees - which means for the same amount of dollars you send, the recipient will receive more renminbis.
Use our table below to compare services that send money from Australia to China. Compare the money transfer providers' fees and speeds, then click "Go to site" when you've found the best one to send your Australian Dollars to China.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Here's our simple process for sending a money transfer to China as a cash pickup or bank transfer - the two options are similar:
If you send to a Chinese bank account, your recipient just needs to wait for the funds to arrive. For a cash pick up, your Chinese recipient will need to show some form of photo ID in order to pick up the funds. It's also important that you give them the transaction reference number to streamline the process.
How to decide which option is best for you to send money to China.
To send money from Australia to China, you'll need the following:
Most providers require a driver's license, passport or other Australian government-issued ID. You can send transfers without the above but may need to give alternate ID instead.
Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal cheques.
You'll need their name (matching their ID) plus contact details. If sending to a Chinese bank account, you'll need the a/c number, SWIFT and branch details.
To collect money in person in China, the recipient will need:
The reference number - sometimes called a PIN, MTCN or tracking number.
A official ID, such as a Chinese passport or driving license.
To know how much has been sent, usually to within 10% of the total.
The sender's name and address and the country from where the money was sent.
The cost of sending money to China from Australia depends on the exchange rate between AUD to CNY, the fees, how you want your recipient to receive your transfer and the turnaround time:
SPONSORED: Sending money overseas shouldn't be complicated or expensive.
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Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
New customers get their first transaction for free with code FIRSTFREE. T&Cs apply.
Send money in minutes at competitive exchange rates with this Australian money transfer service.
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