Money transfer · CAD → CNY · from Toronto
Send money to China.
Send Canadian dollars to bank accounts in mainland China, delivered in yuan (renminbi). Priced off the live board with no commission, with the purpose and paperwork Chinese banks expect handled up front.
- Lock it for2 hours
- CommissionNone
- At a big bankCNY 46,472.83
Lock this rate and it's held for you for 2 hours.
What you need from your recipient
Recipient's full name
In pinyin, exactly as registered with their Chinese bank.
Bank account number
Their account or card number at the receiving bank.
Bank name, branch and SWIFT code
China does not use IBANs; the SWIFT code and branch route the payment.
Purpose of the transfer
Chinese banks require it for incoming payments, for example family support or tuition.
How sending money to China works
Quote & lock
Tell us the amount and we quote CAD → CNY off the interbank rate, with no commission. The rate is fixed when you book.
MinutesVerify & pay
Government photo ID, and source of funds on larger amounts, as FINTRAC requires. Pay by e-transfer, EFT, wire, cheque or at our office.
Same dayWe send it
We wire Chinese yuan to your recipient's account in China and send you written confirmation with the reference.
Usually 1–2 business daysWhy Toronto sends money to China
Whatever the reason, you get a real dealer, a firm rate before you send, and a documented transfer from a FINTRAC-registered Money Service Business (MSB M23907027).
- Family support
- Tuition and living costs for students
- Paying Chinese suppliers and manufacturers
- Property and investment transfers
Send money to other countries
All destinations →- Send money to England CAD → GBP · British pounds 1 CAD = 0.5243 GBP
- Send money to the USA CAD → USD · US dollars 1 CAD = 0.7084 USD
- Send money to Germany CAD → EUR · euros 1 CAD = 0.6192 EUR
- Send money to Dubai CAD → AED · UAE dirhams 1 CAD = 2.6110 AED
- Send money to South Korea CAD → KRW · South Korean won Rate quoted by our dealer
- Send money to Mexico CAD → MXN · Mexican pesos Rate quoted by our dealer
- Send money to the Philippines CAD → PHP · Philippine pesos 1 CAD = 44.8597 PHP
- Send money to Turkey CAD → TRY · Turkish lira 1 CAD = 35.0822 TRY
China transfer questions
How long does a transfer to China take?
Most transfers to China arrive within one to two business days of booking. You get written confirmation with the transaction reference as soon as the wire is sent.
What details do I need to send money to China?
The recipient's name in pinyin, their account number, their bank's name, branch and SWIFT code, and the purpose of the payment. China does not use IBANs.
Can I pay a Chinese supplier from Toronto?
Yes. Send us the supplier's invoice and banking details; we quote CAD to CNY, you pay us, and we wire the yuan with the invoice reference attached.
Is Diplomat Exchange licensed?
Yes. Diplomat Exchange Inc. is registered with FINTRAC as a Money Service Business under MSB number M23907027, and follows Canadian record-keeping and reporting requirements on every transaction.