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Understanding the Table:
The comparison table above helps you see the total cost of your St George Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Like all the leading banks, St George Bank offers a wide range of currency related products and services to its customers. If you are a customer of St George and use internet banking to transfer money overseas then you will be interested to learn how St George Bank exchange rates compare to other providers.
* You must be a customer of St George Bank to use their exchange currency services.
To Receive money from overseas into your St George bank account you'll need to provide the sender with:
The best USD to CNY exchange rate is 7.0865 from Wise. This is -0.65% compared to the mid-market rate 7.1329.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Chinese yuan (CNY) rates from different sources before making a conversion.
The above St George Bank - Dollar to Yuan comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by St George Bank and other foreign exchange providers against the latest USD-CNY mid-rate and the possible savings of using various providers.
Looking at the full USD to CNY - Send Money comparison table the provider with the best USD to CNY exchange rate is Wise at 7.0865, -0.65% from the latest mid-market rate 7.1329.
The next best is Western Union at 7.0187, -1.6% from the mid-rate.
Then WorldRemit at 6.9617, which is -2.4% from the mid-rate.
Among the banks the Chase Bank rate is 6.4771 at -9.2% the Wells Fargo Bank rate is 6.4343 at -9.8% and the Citibank rate is 6.7624 at -5.2% compared to the mid-rate 7.1329.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like St George Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
| Best Exchange Rates.com - Compare and Save on Foreign Exchange |
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