RateRunnertransfer cost ledger

Corridor USD → CNY · US dollar to Chinese yuan

What does it cost to send US dollars to China?

On 15 October 2026, the most a recipient in China got for 1,000 USD was 6,714.55 CNY via Xoom: a true cost of −3.38 USD (−0.34%) including fee and rate markup. The last of 6 quotes cost 3.59%.

Declaration · Form RR-1

Between 10 and 1,000,000. Snapshot bands: 200 / 1,000 / 5,000; other amounts are fetched live.

Quotes are indicative and come from Wise public comparison data, which lists Wise alongside banks and other services. Ranking is always by what the recipient gets.

Transfer cost receipt · USD → CNY

Most to the recipient: Xoom transfer service

You send
1,000.00 USD
Upfront fee
0.00 USD
Amount converted
1,000.00 USD
Rate given
6.7146
Mid-market when quoted
6.6919
Rate above mid-market inside the rate
−3.38 USD −0.34%
True total cost
−3.38 USD −0.34%
Recipient gets
6,714.55 CNY

Picking the last quote in this ledger (OFX) instead would leave the recipient 262.97 CNY short.

Snapshot indicative quotes retrieved 15 Oct 2026, 14:54 UTC. Quote collected 15 Oct 2026, 05:45 UTC. Source: Wise public comparison data.

Confirm the live quote on xoom.com

Plain link to the provider's official site. No commission.

Every quote for 1,000 USD → CNY

Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.

Provider quotes ranked by amount received
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Xoomservice 0.00 USD −0.34% −3.38 USD −0.34% 6,714.55 CNY best
2. Instaremservice 0.00 USD 0.72% 7.17 USD 0.72% 6,644.00 CNY −70.55 CNY
3. Remitlyservice 1.99 USD 0.67% 8.65 USD 0.86% 6,634.07 CNY −80.48 CNY
4. Wiseservice 17.91 USD 0.00% 17.91 USD 1.79% 6,570.38 CNY −144.17 CNY
5. Western Unionservice 1.99 USD 2.30% 24.92 USD 2.49% 6,525.16 CNY −189.39 CNY
6. OFXservice 5.00 USD 3.11% 35.92 USD 3.59% 6,451.58 CNY −262.97 CNY

Does the cheapest option change with the amount?

Best and worst true cost by amount, USD → CNY. Retrieved 15 Oct 2026, 14:54 UTC.
You sendMost to recipientBest costWorst costRecipient gets (best)Gap best vs worstQuotes
200 USD Instarem 0.72% 5.58% 1,328.80 CNY 65.49 CNY 5
1,000 USD Xoom −0.34% 3.59% 6,714.55 CNY 262.97 CNY 6
5,000 USD Remitly 0.36% 2.34% 33,340.23 CNY 662.40 CNY 5

What the USD → CNY numbers show

  • The provider that delivers the most changes with the amount: Instarem at 200.00 USD, Xoom at 1,000.00 USD, Remitly at 5,000.00 USD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
  • At 200.00 USD, true cost ranged from 0.72% (Instarem) to 5.58% (Wise); the recipient would get 65.49 CNY less with the last quote than with the first.
  • 1 of 6 quotes at 1,000.00 USD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
  • Xoom quoted a rate above the mid-market rate recorded at collection time (negative markup). That usually reflects a promotional rate or a quote collected at a different moment, so confirm it before relying on it.
True cost as a share of 1,000 USD, USD → CNY, by provider (lower is better). Retrieved 15 Oct 2026, 14:54 UTC. Xoom −0.34% Instarem 0.72% Remitly 0.86% Wise 1.79% Western Union 2.49% OFX 3.59% grey = upfront fee · red = exchange-rate markup · share of 1,000 USD
True cost as a share of 1,000 USD, USD → CNY, by provider (lower is better). Retrieved 15 Oct 2026, 14:54 UTC.

How does the quoted mid-market rate compare with the ECB reference?

The European Central Bank reference rate for USD/CNY on 15 October 2026 was 6.6910. The mid-market rate implied by the top quote at its collection time was 6.6919, a difference of 0.01%. ECB rates are published once per working day around 16:00 CET, so they drift from live market rates during the day; RateRunner uses them only as a cross-check, never to rank providers.

Every quote for 200 USD → CNY

Retrieved 15 Oct 2026, 14:54 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Instaremservice 0.00 USD 0.72% 1.43 USD 0.72% 1,328.80 CNY best
2. Remitlyservice 1.99 USD 0.67% 3.31 USD 1.66% 1,316.23 CNY −12.57 CNY
3. Western Unionservice 1.99 USD 2.30% 6.54 USD 3.27% 1,294.62 CNY −34.18 CNY
4. OFXservice 5.00 USD 3.11% 11.06 USD 5.53% 1,264.38 CNY −64.42 CNY
5. Wiseservice 11.17 USD 0.00% 11.17 USD 5.58% 1,263.31 CNY −65.49 CNY
Set aside, not ranked (1): see methodology
Xoomrate 1.18% above mid-market3.09 USD−1.18%——1,333.31 CNY—

Every quote for 5,000 USD → CNY

Retrieved 15 Oct 2026, 14:54 UTC. Sorted by what the recipient gets.
ProviderUpfront feeRate markupTrue costCost %Recipient getsvs best
1. Remitlyservice 1.99 USD 0.32% 17.86 USD 0.36% 33,340.23 CNY best
2. Instaremservice 0.00 USD 0.66% 32.84 USD 0.66% 33,240.00 CNY −100.23 CNY
3. Wiseservice 51.64 USD 0.00% 51.64 USD 1.03% 33,105.52 CNY −234.71 CNY
4. OFXservice 0.00 USD 2.16% 108.23 USD 2.16% 32,735.51 CNY −604.72 CNY
5. Western Unionservice 1.99 USD 2.30% 116.85 USD 2.34% 32,677.83 CNY −662.40 CNY

Read next

Questions people ask

Which provider gave the most for 1,000 USD sent to China?
Xoom, with 6,714.55 CNY delivered, in the snapshot retrieved 15 Oct 2026, 14:54 UTC. Its upfront fee was 0.00 USD and its rate markup −0.34%.
How much of the cost of sending USD to CNY is hidden in the exchange rate?
For the 6 quotes on 1,000 USD, rate markups ranged from −0.34% to 3.11% of the amount converted. 1 quote charged no upfront fee but still had a markup above 0.5%.
How current are these USD to CNY quotes?
RateRunner retrieved them on 15 Oct 2026, 14:54 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.

Related corridors

Sources