FX and Transfers

International business transfers to China

Streamline payments to suppliers, vendors, contractors and employees in China or around the world and access market-leading FX rates no matter the transaction size. Airwallex is legally authorised to support business payments to China.

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Regulated by MAS

Airwallex (Singapore) Pte. Ltd. is licensed in Singapore as a Major Payment Institution and is regulated by the Monetary Authority of Singapore (License No. PS20200541)

Save money as you pay vendors and suppliers globally

How often do hidden bank fees eat into your profits? There’s the SWIFT fee, FX fee, and all the other hidden fees that gets deducted even before your transfer reaches your recipient. Want to minimise that? Learn more about how Airwallex can help streamline your financial operations today.

150+ countries and regions, 60+ currencies

Access Airwallex's global network and send CNY globally, with payments received in as little as one business day.

Access market-leading FX rates

Access interbank FX rates on your CNY conversions no matter the transaction size and avoid hidden transaction fees.

Pay up to 1,000 recipients or bills in one go

Use our batch transfers capability to send funds to multiple recipients around the world in one go, each with a specified amount.

Simplify your bookkeeping

Connect Airwallex to your favourite accounting software in just a few clicks to automatically reconcile transfers, saving time and cost.

FX and Transfers

The ability to transact like a local

Receive CNY from China

Receive CNY from customers in China directly to your Airwallex account. Receive, hold, and spend CNY without unnecessary conversion fees.

Transfer to suppliers or contractors in China in CNY

Expect faster transfers and lower international transaction fees with Airwallex's global network and connection to local payment rails.

Receive payments with our eCommerce plugin integrations

Our integrations with platforms such as Shopify, Woocommerce and Magento means you can collect CNY payments from your overseas customers and settle to your account in CNY, converting only when needed.

How it works

Convert and send CNY with Airwallex in 3 simple steps

1

Sign up for a free Airwallex business account

Make deposits in your preferred currencies and manage in your multi-currency Wallet.

2

Convert funds to CNY

Select your currency of choice and enter the amount of money you wish to convert into CNY.

3

Send your payment

Initiate a transfer to your country of choice and track the progress of your transfer in real-time with live updates.

Airwallex Testimony

"Before Airwallex, we had no idea when our payments were going to reach our suppliers. Using Airwallex instead of traditional banks has increased the speed of our overseas transfers and optimised our cashflow significantly. We've also saved up to 99% of our TT and FX fees."

Ying Tze Her

Chief Operating Officer, Saturday Club

Airwallex Testimony

"Singapore is a small market. Businesses who wish to make decent earnings have to export to other markets, at some point. Before Airwallex, we had to travel physically to China to pay our suppliers. Now, we can transfer money in minutes. If Airwallex isn't around, I think a lot of traditional businesses will take a very long route to success."

Emily Chu

Co-founder, Hey! Chips

Airwallex Testimony

“Typically, traditional banks take up to 2-3 days to process a transaction. With Airwallex, we can make same-day transfers around the clock and pay our employees all over the world easily.”

Dominic Law

CEO, World of Neopets

Airwallex Testimony

"I’m so thankful that Airwallex exists! Airwallex allows me to exchange currencies at really great rates, and the interface is very modern and easy to use compared to my bank. We save so much money with Airwallex! In just a few months, we've already saved more than SGD$13,000 in unnecessary bank fees!"

Jennifer Chong

Co-founder, Linjer

Access our global transfer method network

Airwallex offers you a wide array of local and global transfer options to make sure you get the fastest and most cost-effective solution.

Australia
Hong Kong SAR
United States
New Zealand
United Kingdom
Singapore
Germany
Brazil
South Africa

Explore our growing network of 150+ payout countries and regions

View our payout network

Bank Transfer
BPAY
SWIFT
Bank Location
Australia
Transfer Method
Bank Transfer
Bank Transfer
BPAY
SWIFT

Explore our growing network of 150+ payout countries and regions

View our payout network

Frequently asked questions

How long will it take for me to send money to China?

You can send money to any bank account in China that accepts international SWIFT payments. These payments can take up to 5 working days to arrive.

How much does an international transfer to China cost?

A standard SWIFT fee will be charged for an international transfer to China. If you are sending other currencies such as USD to China and there is conversion involved, Airwallex charges a market-leading FX margin of the conversion amount. Airwallex will not charge any other additional fees than what is shown on our dashboard when you initiate a transfer.

Why Airwallex?

Airwallex is a leading end-to-end payments and financial platform trusted by more than 100,000 businesses around the world. In Singapore, Airwallex is regulated by the MAS and operates as a financial service. Through our Global Business Account, customers can send and receive international payments, hold multiple currencies, and save on bank charges. Your Airwallex account also gives you access to financial software and products to help manage your global business such as corporate cards with inbuilt expense management, bill pay, and accounting integrations.

Sign up free online, or watch the free demo today

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