Question 1

What is the best way to send money from Canada to China?

Accepted Answer

For amounts under $1,000 CAD, Wise is typically cheapest. For larger amounts over $1,000 CAD, OFX charges no transfer fees and competitive FX rates.

Question 2

How do I send money to a Chinese bank account from Canada?

Accepted Answer

You can send to Chinese bank accounts via SWIFT using Wise, OFX, or Western Union. Most providers support major Chinese banks including Bank of China, ICBC, and China Construction Bank. Note that direct WeChat Pay or Alipay transfers from foreign accounts are not widely supported by Western remittance providers.

Question 3

What is the best CAD to CNY exchange rate?

Accepted Answer

Wise provides the closest rate to the mid-market rate for CAD to CNY. OFX is competitive for transfers over $1,000 CAD with no flat fee. Western Union and Xoom apply a higher FX margin, typically 1.5–2.5% above mid-market.

Question 4

How long does a Canada to China transfer take?

Accepted Answer

Wise typically takes 1–3 business days for CAD to CNY transfers. OFX is 1–2 business days. Western Union can be near-instant for cash pickup, though cash pickup in China is more limited.

Question 5

Is OFX better than Wise for Canada to China?

Accepted Answer

For large transfers over $1,000 CAD, OFX can be cheaper because they charge no flat fee and offer competitive FX margins on larger amounts. For smaller amounts under $1,000, Wise's low percentage fee is typically the better choice.

Provider	Transfer Fee	You Receive	vs Western Union	Delivery	Action
W WiseBEST 16M+ customers worldwide	CAD 4.75 total: CAD 4.75	¥2,650	Save CAD 68.62	1–2 days	Send →
O OFX No transfer fees, ever	CAD 0.00 total: CAD 40.13	¥2,635	Save CAD 33.25	1–2 days	Send →
X Xoom (PayPal) Backed by PayPal	CAD 6.99 total: CAD 59.74	¥2,585	Save CAD 13.63	Minutes–2 days	Send →
W Western UnionFASTEST 500,000+ agent locations	CAD 7.50 total: CAD 73.37	¥2,569	—	Minutes–1 day	Send →

🇨🇦 🇨🇳 Best Way to Send Money from Canada to China (2026)

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