How to send money from Canada to China
Canada is home to over a million people from China - in Vancouver alone 20% of the population now identifies as Chinese.
If you’re a Chinese expat living in Canada and you need to send money home to friends and family, you’ll want to find the cheapest way to send money from Canada to China. This is because money transfers are often sent with high commission charges, hidden fees and poor exchange rates.
How to find the cheapest way to send money from Canada to China
The only way that you’ll be able to find the cheapest way to send money from Canada to China is by knowing how much it will cost you in terms of fees, and how much your recipient will receive (this depends on the exchange rate).
If you’re using an offline method like a bank, money transfer store or post office, this will involve going in-store and asking the cashier how much it’ll cost.
However, it may be quicker and easier to just check online by using a money transfer calculator from an online platform. This will help you to compare ways to send money from Canada to China really quickly, and will help you decide which is the cheapest.
To get you started with this, check out Paysend’s money transfer calculator on our home page.
Send money quickly and cheaply with Paysend
Paysend helps over 2.4 million people send money to over 100 countries around the world, including many people wanting to send money from Canada to China.
We’ve partnered with Alipay, so that when using Paysend, you can send money straight to Alipay accounts using just the recipient’s account number/email, full name and reason for transfer.
Alternatively, you can send to a UnionPay or Mastercard account using just the recipient’s name and card number.
When you send money from Canada to China with Paysend, it costs just C$3 in transfer fees, no matter how much you want to send. So if you’re sending C$200 or C$400 from Canada to China, it will cost you just 3 Canadian dollars either way!
Plus, money transfers using Paysend usually arrive within seconds - 75% of our money transfers reach their destination in 20 seconds or less. The only thing that normally slows us down is if the recipient bank isn’t quite as quick as us! You may also read about how to easily transfer money to China online!
Visit our homepage to find out how much your recipient will receive in Yuan using Paysend’s excellent exchange rates!
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Referring friends to Paysend already earns a reward in a normal month. This August, that reward simply goes further. Every friend who joins through your link and completes a qualifying transfer earns you $6 instead of the usual $3, and the total you can earn across the month rises from $36 to $72. It’s easy to invite a friend - just share your invite a friend link found in the app.
