Send Money from Singapore to China

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Chinese yuans rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are bank deposit, cash pickup and card payout. The most widely used options in China are bank deposit and Alipay. China applies annual foreign-exchange limits per recipient, so large or frequent transfers may need extra documentation. Not every provider supports every method, so check the table above before you commit.

No. Western Union offer cash pickup in China, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bank deposit and Alipay generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For SGD to CNY, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Singapore under the Monetary Authority of Singapore, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. China also applies an annual foreign-exchange conversion limit per individual, which can restrict repeated large transfers to the same recipient. For transfers above roughly S$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Wise's cost on this corridor is the highest of any destination it prices out of Singapore, and like the other three dynamically charged currencies in this hub it carries no send amount. No figure is published here for that reason. Wise states no send amount on this corridor. Its table reads "Sending SGD" where the same hub's Indian, Thai and Pakistani pages read "Sending 1,000 SGD", and the four corridors missing the amount are the four whose currencies Wise flags as less widely used and dynamically charged. The service is available and the rate is real; only the cost is unverifiable from the page, so no Wise figure appears in the table above. Wise notes on its own page that recipients paid into Alipay and Weixin may face additional steps. A wallet payout into China is not simply a faster bank deposit, and the recipient's side of it is worth confirming before the money moves. China applies foreign-exchange controls on individual inbound conversion, with an annual allowance per person. A large or frequent transfer can meet that ceiling at the recipient's end rather than the sender's, which no comparison on this page can see.