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SGD/CNY Remittance Guide
Singapore Dollar (SGD) → Chinese Yuan (CNY) Complete Transfer Guide
Corridor Overview
Main channel for Singapore Chinese community remittances to China, covering Shanghai, Guangzhou, Beijing, and other cities.
Recommended Platforms
Top Pick
Wise Visit →
Fees ~0.4–1% fee, transparent exchange rate
Transfer Speed 1–2 business days
Min. Amount USD 1
Best For Personal transfers, transparent rates
Alipay International Visit →
Fees ~0.5–1.5% fee; better rates for larger amounts
Transfer Speed Instant (Alipay to Alipay)
Min. Amount CNY 1
Best For Transfers into mainland China, Alipay users
Remitly Visit →
Fees First transfer free; Economy ~USD 1–3, Express ~USD 3–5
Transfer Speed Express: instant; Economy: 3–5 days
Min. Amount USD 1
Best For Family support remittances, competitive rates
SWIFT Bank Transfer Visit →
Fees Bank fee USD 15–50; correspondent banks may deduct additional fees
Transfer Speed 3–5 business days
Min. Amount USD 1
Best For Large formal transfers, business use
Practical Tips
- Singapore has multiple licensed remittance providers (e.g., Instarem, YouTrip) offering better rates than banks.
- Wise is MAS-licensed in Singapore; use PayNow for instant SGD credit, then convert to CNY.
Key Regulations
- MAS strictly regulates all remittance service providers in Singapore.
Important Notice
Exchange rates above are reference values (last synced 2026-07-21). Actual rates are determined by the market and change constantly. Fee data is sourced from public information; confirm current charges on each platform. This page does not constitute investment or financial advice.
Data reference: 2026-07