On today’s numbers, sending $1,000, Remitly delivers ¥6,619.97 and Wise ¥6,585.31: ¥34.67 more with Remitly.
Both send US dollars that arrive in China as yuan. The real price is the fee plus how far each one’s exchange rate sits below the mid-market rate, so we compare what actually arrives. Numbers below are recalculated about every 15 minutes from live data, with the time each provider’s quote was collected.
What arrives today
CNY that arrives and total cost versus the mid-market rate
Amount
WisePay by bank (ACH) → bank card / AlipayLive
RemitlyBank account or debit cardLive
You pay $500
¥3,281.07Total cost $8.52 (1.70%)
¥3,303.39Total cost $5.18 (1.04%)Most received
You pay $1,000
¥6,585.31Total cost $13.57 (1.36%)
¥6,619.97Total cost $8.38 (0.84%)Most received
You pay $5,000
¥33,019.20Total cost $53.97 (1.08%)
¥33,269.45Total cost $16.48 (0.33%)Most received
Computed at the mid-market rate 1 USD = 6.6759 CNY (Frankfurter (blended central-bank rates), 2026-10-20); bank wires in USD use Bank of China’s TT buying rate 6.6664. All of today’s rates
Fees, exchange rate and data source
How each one is priced (at $1,000)
Provider
Fees
Delivery
Data
Wise · Pay by bank (ACH) → bank card / Alipay
$3.47 + 1.01% sending fee, converts at the mid-market rate
Online. Pays out CNY to a UnionPay card, Alipay or Weixin.
Wise: Alipay and Weixin up to 50,000 CNY per transfer; UnionPay cards up to 33,000 CNY.
Wise says it converts at the live mid-market rate and charges an upfront fee. The fees above come from Wise’s live price table (flat fee plus the effective percentage at $1,000) and refresh automatically.
Recipient must be a mainland Chinese citizen (Alipay also accepts HK/Macao residents with a Mainland Travel Permit). Alipay caps apply across all services, e.g. family support 800,000 CNY a year.
Wise gives a discount on amounts over 25,000 USD a month, not modelled here.
Online. Pays out to a bank account, Alipay or Weixin.
Remitly publishes a $1.99 fee for China but not its exchange-rate markup. The fee and markup here are Remitly’s standard quotes at $100, $1,000 and $5,000 as recorded by Wise’s price comparison (time shown above).
New customers: no fee on the first transfer and a promotional rate on the first 2,000 USD (not modelled).
Remitly’s US maximum is 300,000 USD; your own limit depends on verification and delivery method.
Is Wise or Remitly cheaper for sending money to China?
On today’s numbers, sending $500, Remitly delivers ¥3,303.39 and Wise ¥3,281.07: ¥22.32 more with Remitly. On today’s numbers, sending $1,000, Remitly delivers ¥6,619.97 and Wise ¥6,585.31: ¥34.67 more with Remitly. On today’s numbers, sending $5,000, Remitly delivers ¥33,269.45 and Wise ¥33,019.20: ¥250.25 more with Remitly. Quotes change several times a day and differ by pay-in method and promotions, so confirm in the provider’s app before sending.
How does Wise charge for transfers to China?
At $1,000: $3.47 + 1.01% sending fee, converts at the mid-market rate. Wise says it converts at the live mid-market rate and charges an upfront fee. The fees above come from Wise’s live price table (flat fee plus the effective percentage at $1,000) and refresh automatically.
At $1,000: $1.99 sending fee, exchange rate 0.64% below mid-market. Remitly publishes a $1.99 fee for China but not its exchange-rate markup. The fee and markup here are Remitly’s standard quotes at $100, $1,000 and $5,000 as recorded by Wise’s price comparison (time shown above).
