Compare money transfers from China to the United Kingdom

Compare and Identify The Cheapest Way To Send Money From China To the UK

Since 1954, UK and China have witnessed stable diplomatic relationship while trade between the two countries has peaked since then. However, finding the easiest way to wire money from China to the UK is still a huge challenge as there are several restrictions in place. On an average, you can’t expect to transfer more than $50,000 per year, if it’s not for business. However, Chinese businesses transferring money online to the UK can make larger transfers. If you’ve been looking forward to make transfers to bank accounts intended to cover remittances to friends and family members, tuition fees or to just cover medical expenses then there’re obviously smarter ways to do so. Finding the best way to transfer money from China to the United Kingdom is easier with our comparison service.

How to Send Money from China to the UK

Although banking in the UK is a sophisticated system, Chinese expats can get easily frustrated because of the complications involved in opening a bank account. There’re more than 20 institutions that offer Chinese expats an opportunity to open bank accounts but it involves a long and complex documentation process. They’ll need to produce local address proof, income proof, passport, and employment. Although, it’s easier to transfer money from China to the UK with a bank account but it certainly isn’t the cheapest.

On the other hand online money transfer is certainly the cheapest way to send money from China to the UK. However, before you decide on which service to use, you must learn about the costs involved in transferring money to the UK from China. This will enable you to decide on the cheapest and the best service to send money from China to the UK.

Which Service to Use for Sending Money from China To the UK?

Well, this is a million dollar question because the choice of service must always be dependent on multiple factors like exchange rates being offered, fee for money transfer and time taken for the money transfer. Thus, it becomes even more important to compare the services based on these factors and then decide which online money transfer service to avail.

How Much does it Cost?

Cost of transfer obviously depends on the exchange rate being offered and the fees being charged by different service providers. Exchange rate keeps changing and you will have to study our comparison charts carefully before identifying the service provider that’s offering the highest exchange rate. Who doesn’t like to send the maximum amount of money possible to their receivers but much of it is depended on the exchange rate. Thus, apart from the fees, which seldom change, you must add the exchange rate to calculate the exact rate. Irrespective of whether you’re paying through credit card or cash, you’ll always find a service provider that offers the best exchange rates and charges the lowest fees.

Our Advantages

We’ve done all the research and present you the comparison chart to make it easier for you to choose a cheap and efficient online money transfer service provider. We offer you the advantage of making your choice quickly and without drilling a hole in your pocket. Affordability, convenience, and speed are guaranteed when you choose a service provider on our website.