4.2 / 5 from 201,403 reviews
Fast, low-cost, and secure online money transfers from Singapore to China.
Regulated by the Monetary Authority of Singapore (MAS)
Over 16 million customers
Save when you send money to China
| Sending 1,000.00 SGD with | Recipient gets(Total after fees) | Transfer fee | Exchange rate(1 SGD → CNY) |
|---|---|---|---|
 Cheapest | 5,329.23 CNYSave up to 109.13 CNY | 11.45 SGD | 5.39096Mid-market rate |
 | 5,283.43 CNY- 45.80 CNY | 3.99 SGD | 5.30460 |
 | 5,220.10 CNY- 109.13 CNY | 0.00 SGD | 5.22010 |
No hidden fees
We’re on a mission to bring transparency to finance,for people without borders.We charge as little as possible, and we always show you upfront. No hidden fees. No bad exchange rates. No surprises.How do we collect this data?
How to send money to China in 3 easy steps
Enter amount to send in SGD.
Pay in SGD with your debit card or credit card, or send the money from your online banking.
Choose recipient in China.
Select who you want to send money to and which pay-out method to use.
Send SGD, receive CNY.
The recipient gets money in CNY directly from Wise’s local bank account.
How to send money to China from Singapore
How to send money to China from Singapore
- Just tap in how much, and where to.
- Then make a local payment to Wise, whether it's with a bank transfer, swift or your debit or credit card.
- And that's it.
Wise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). On Wise, there's no room for sneaky bank surcharges or creeping hidden charges.
How much does it cost to transfer money to China?
Pay a small, flat fee and percentage
To send money in SGD to China, you pay a small, flat fee of 0.45 SGD + 0.59% of the amount that's converted (you'll always see the total cost upfront).
Fee depends on your chosen transfer type
Some transfer types have different fees which are usually tiny.
No hidden fees
No big fees, hidden or otherwise. So it's cheaper than what you're used to.
Fixed fee
0.45 SGD
Variable feeup to 168,064 SGD/month
0.59%
Variable feemore than 168,064 SGD/month
How long will a money transfer to China take?
A money transfer from Singapore (SGD) to China (CNY) should arrive in seconds. Sometimes transfer times can differ based on payment methods or verification changes. We’ll always keep you updated, and you can track each step in your account.
On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.
Your transfer route
SGD
CNY
Should arrive
in seconds
What you’ll need for your online money transfer to China
1
Register for free.
Sign up online or in our app for free. All you need is an email address, or a Google or Facebook account.
2
Choose an amount to send.
Tell us how much you want to send. We’ll show you our fees upfront, and tell you when your money should arrive.
3
Add recipient’s bank details.
Fill in the details of your recipient’s bank account.
4
Verify your identity.
For some currencies, or for large transfers, we need a photo of your ID. This helps us keep your money safe.
5
Pay for your transfer.
Send your money with a bank transfer, PayNow, or a debit or credit card.
6
That’s it.
We’ll handle the rest. You can track your transfer in your account, and we'll tell your recipient it's coming.
Best ways to send money to China
Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
Debit Card
Paying for your transfer with a debit card is easy and fast. It’s also usually cheaper than credit card, as credit cards are more expensive to process. Read more about how to pay for your money transfer with a debit card.
Credit Card
Paying for your transfer with a credit card is easy and fast. Wise accepts Visa, Mastercard and some Maestro cards. Read more about how to pay for your money transfer with a credit card.
Trust Wise with safe & secure money transfers to China
Safeguarded with leading banks
We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.
Audited regularly
We make sure your money’s secure, and that Wise is financially stable. As we’re not a bank, your money isn’t FSCS protected — instead we safeguard it.
Extra-secure transactions
We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.
Data protection
We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.
Dedicated anti-fraud team
We work round the clock to keep your account and money protected from even the most sophisticated fraud.
Online scams are on the rise. Learn how to stay safe.
Send money to China from Singapore with the most international app
Looking for an app to send money to China? Sending money is easy with Wise app.
- Cheaper transfers abroad - free from hidden fees and exchange rate markups.
- Check exchange rates - see on the app how exchange rates have changed over time.
- Repeat your previous transfers - save the details, and make your monthly payments easier.
Wise works nearly everywhere
Send money
See why customers choose Wise for their international money transfers
It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it.
Read our reviews at Trustpilot.com.
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Let's answer some of your questions
As an expert in financial technology, specifically in the realm of international money transfers and fintech solutions like Wise, I can provide insights and information on the various concepts and features presented in the article you shared.
Wise (formerly TransferWise)
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Regulation: Wise is regulated by the Monetary Authority of Singapore (MAS), ensuring that it meets the necessary standards and compliances set forth by Singapore's financial regulatory body.
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Exchange Rates: Wise provides money transfers at the 'inter-bank' rate, which is essentially the real exchange rate. This transparency ensures that customers get the true value for their money without any hidden markups.
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Fees:
- Wise charges a small, flat fee along with a percentage of the amount being transferred. The fee structure is clear and upfront, ensuring customers are not hit with hidden charges.
- The fee depends on the transfer type chosen by the user. Some transfer methods might have different fee structures, but they are generally minimal.
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Speed of Transfer:
- Transfers from Singapore to China typically occur within seconds. However, certain factors like payment methods or verification processes might influence the transfer time.
- Wise offers various transfer speed options, including same-day transfers or even instant transfers, depending on the route and specific requirements.
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Process of Sending Money:
- Users can easily send money through Wise by registering for a free account online or via the app.
- They specify the amount, provide recipient bank details, verify their identity (sometimes required for security reasons), and then initiate the transfer using various payment methods such as bank transfers, debit cards, or credit cards.
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Payment Methods:
- Wise supports multiple payment methods, including bank transfers, debit cards, and credit cards. Each method has its advantages in terms of cost, speed, and convenience.
- Bank transfers are usually the most cost-effective, while debit cards offer a balance between speed and cost.
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Security Measures:
- Wise prioritizes the security of its users' funds and personal information.
- They employ 2-factor authentication to ensure that only authorized individuals can access accounts.
- Regular audits, dedicated anti-fraud teams, and data protection measures are in place to safeguard users against potential risks.
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Wise App:
- The Wise mobile app offers a user-friendly interface, allowing customers to send money, check exchange rates, and manage their transfers on the go.
- Features like rate change notifications and the ability to repeat previous transfers enhance user experience and convenience.
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Global Reach:
- Wise supports transfers to numerous countries worldwide, making it a versatile solution for individuals and businesses needing to send money internationally.
- This extensive network underscores Wise's commitment to facilitating seamless cross-border transactions for its vast customer base.
In summary, Wise has positioned itself as a reliable, transparent, and cost-effective solution for international money transfers, leveraging technology to simplify processes, reduce costs, and enhance user experience. Their adherence to regulatory standards, commitment to transparency, and focus on security make them a preferred choice for many individuals and businesses seeking efficient cross-border payment solutions.
