Send money from NZ to China:
fees and rates.
Sending money from New Zealand to China costs a transfer fee, the provider's exchange-rate margin and sometimes overseas bank charges. On 11 Nov 2026 the mid-market rate was CN¥3.7247 per NZ$1, so NZ$1,000 was worth CN¥3,725 before costs. On 11 Nov 2026, Remitly showed CN¥3.7504 per NZ$1 on a first NZ$1,000 transfer, fee waived.
said October 2026
said 18 Sep 2026
Checked 10 Nov 2026
What do NZ banks and transfer services charge to send CNY to China?
We read each provider's own fee page or fee brochure on 10 Nov 2026; where the figures come from a brochure, its date is in the table.
| Provider | Fee to send online | Other ways to send | Overseas bank charges | Exchange rate |
|---|---|---|---|---|
| ANZ →Bank · checked 10 Nov 2026 | NZ$0 in goMoney or Internet Banking (ANZ says this is a current fee offer) | NZ$15 in a branch or by phone | An ANZ "OUR Fee" may apply to foreign-currency payments; the page gives no amount | ANZ converts at its own exchange rate; the page does not state the margin |
| BNZ →Bank · checked 10 Nov 2026 | No charge to send foreign currency online; NZ$5 to send NZ dollars | NZ$25 staff-assisted | BNZ covers the correspondent bank fee on online foreign-currency payments; NZ$12 for "Charges Our" on NZD payments | "BNZ includes a margin on foreign exchange conversions"; the size is not stated |
| ASB →ASB Guide to fees, 15 Sep 2026 | NZ$5 in FastNet Classic internet banking | NZ$30 at an ASB Advice Centre | Choose "Sender to Pay" and ASB adds an Other Bank Fee (NZ$5 to NZ$25 by currency); choose "Recipient to Pay" and fees will likely come out of the payment | The fee guide does not state ASB's exchange-rate margin |
| Westpac →Westpac personal fees, effective 10 Nov 2026 | NZ$0 in Westpac One in a foreign currency; NZ$5 in NZ dollars | NZ$30 staff-assisted | NZ$25 for the OUR charge option; other banks may still deduct fees | The fee brochure does not state Westpac's exchange-rate margin |
| Kiwibank →Kiwibank Fees & Limits, effective 14 May 2026 | NZ$10 in internet banking with SHA charges; NZ$20 with OUR | NZ$25 in a branch or by email (SHA); NZ$35 (OUR) | SHA: overseas bank fees come out of the payment. OUR: you pay them, though the recipient may still be charged | The brochure does not state Kiwibank's exchange-rate margin |
| Wise →Transfer service · checked 10 Nov 2026 | Mid-market rate 3.733 CNY per NZ$1 on Wise's converter (read 11 Nov 2026); the converter showed no fee or amount for NZ$1,000 | — | — | Wise says it uses the mid-market rate, with a fee discount on transfers over NZ$44,000 |
| Remitly →Transfer service · checked 10 Nov 2026 | NZ$3.99 fee (NZ$1,000, read 11 Nov 2026). First transfer: fee waived and 3.7504 CNY per NZ$1 on the first NZ$1,000; the page shows no standard rate | — | — | Remitly quotes its own rate; new customers get a better rate or no fee on their first transfer |
| OFX →Transfer service · checked 10 Nov 2026 | NZ$12 on transfers under NZ$10,000; no transfer fee from NZ$10,000 | — | Third-party banks may deduct a fee before paying your recipient; OFX gets none of it | OFX says its rate is the market rate plus its margin, shown before you confirm; new customers get an introductory rate on a first online transfer |
| Western Union →Transfer service · checked 10 Nov 2026 | Converter: 3.7638 CNY per NZ$1 and a NZ$0.00 fee (default options, read 11 Nov 2026) | — | — | Western Union quotes its own exchange rate in its converter |
Fees as published on each provider's page or fee brochure, read on 10 Nov 2026. Fees change, and the overseas bank or the recipient's bank may charge too. None of these links are affiliate links.
Before fees and margins
How many Chinese yuan do NZ dollars buy at the mid-market rate?
The amounts below use the European Central Bank reference rate for 11 Nov 2026. No bank or transfer service pays out at this rate: the amount that arrives will be lower once its margin and fee are taken off. Use it to see how far below the mid-market rate a quote is.
- CN¥1,862NZ$500 at the mid-market rate
- CN¥3,725NZ$1,000 at the mid-market rate
- CN¥18,624NZ$5,000 at the mid-market rate
- CN¥37,247NZ$10,000 at the mid-market rate
Three costs
How do the costs of a transfer to China add up?
Compare the amount that arrives in CNY, not the fee alone. A transfer with no fee can still cost more if the exchange rate is further from the mid-market rate.
- 1
What is the transfer fee?
The transfer fee is a flat charge per payment. ANZ, BNZ and Westpac charge nothing to send foreign currency online, ASB charges NZ$5 and Kiwibank NZ$10 to NZ$20. All five charge more in a branch or with staff help.
- 2
What is the exchange-rate margin?
The exchange-rate margin is the gap between the mid-market rate and the rate the provider converts your NZ dollars at. None of the five main NZ banks states its margin on its fee page or brochure, so check the CNY amount on the quote.
- 3
Do overseas banks charge too?
Yes. Banks along the way, and the recipient's bank, may take a fee from the payment. BNZ says it covers the correspondent bank fee on online foreign-currency payments; ANZ may add an "OUR Fee".
This page lists published fees. It doesn't recommend a provider or tell you when to send. Every provider's general fees are on send money overseas. See what the banks expect for NZD/CNY, or compare sending to Australia, India, the UK, the Philippines, the US, South Africa, South Korea, Samoa, Tonga or Fiji.
FAQ
What else do people ask about sending money to China?
Straight answers, with the source and date for every figure.
What is the cheapest way to send money from NZ to China?
Compare the yuan that arrive, not the fee. On 11 Nov 2026, Western Union's converter showed CN¥3.7638 per NZ$1 with a NZ$0.00 fee on its default options. That is above the mid-market rate on Wise's converter the same day (CN¥3.733), so check Western Union's final quote before you pay. Remitly showed CN¥3.7504 per NZ$1 on a new customer's first NZ$1,000, with its NZ$3.99 fee waived. When we read the banks' fee pages on 10 Nov 2026, ANZ, BNZ and Westpac charged nothing to send foreign currency online.
How much does Remitly charge to send money from NZ to China?
On 11 Nov 2026, Remitly's calculator showed a NZ$3.99 fee on NZ$1,000. New customers had the fee waived and got a welcome rate of CN¥3.7504 per NZ$1 on the first NZ$1,000 of their first transfer. The page showed no standard rate for later transfers, and Remitly says its rates can change.
How many Chinese yuan is NZ$1,000?
At the European Central Bank reference rate for 11 Nov 2026, CN¥3.7247 per NZ$1, NZ$1,000 is CN¥3,725. That is the mid-market rate. A bank or transfer service pays out less, because it converts at its own rate and may charge a fee.
Will the NZ dollar go up against the Chinese yuan?
ANZ is the only bank we track that forecasts NZD/CNY. Its 18 Sep 2026 forecasts are 3.83 for December 2026 and 3.90 for December 2027, against the ECB reference rate of 3.7247 on 11 Nov 2026. Bank forecasts are often wrong. See the NZD/CNY forecast.