Highest remittance rate for converting 1 AUD to CAD = 0.93
Money transfer companies that can help you send money to Australia are so many but you cannot rely on all of them. Typically, you will be looking for the best rates to send money from Australia to Canada and that is what we provide at Exchange Rate IQ. Discover all the best options available for sending money to Australia from Canada and at the most favorable rates.
Many people are stuck between options when it comes to sending money from Australia to Canada because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.
Canada and Australia have a long-standing relationship in trade and other fields. That explains why there is quite a good number of Australian immigrants in Canada. Nevertheless, both countries benefit from each other is many ways hence the dire need for an efficient money transfer agent to help make a remittance. Millions of money are remitted to Canada from Australia every year therefore when it comes to how to complete your transfer, you should never worry about the options you have.
Recognize that there are different methods for transferring money to Canada from Australia and any can be the best way to send money from Australia to Canada. Typically, your money can reach Canada through three main channels namely:
Online transfer: Online money transfer apps to Canada have grown to be very popular. That is because they are ideal for small and quick transactions. With thousands of Canadians residing in Australia, sending money back home is a must hence the establishment of various online transfer agents in the AUD to CAD exchange corridor. From the experiences of people who have sent money to Canada, some of the top online transfer options include; WorldRemit, CurrencyFair, Ria, and XE Money.
Bank transfers: Bank transfers have been for a long time used to transfer funds to Canada from Australia and even though they have been convenient, they are not very popular today thanks to cash transfer apps. However, it does not mean that you cannot deposit money directly into a Canadian bank account. To avoid spending more for a bank transfer, try finding a bank that operates both in Australia and Canada. It will save you more money and time.
Cash pickups: There is a way through which you can send money to Canada for it to be picked in cash. While you can make payments using your debit or credit card, the receiver gets to pick up the money in cash as a designated pick up point as provided by a transfer agent. Some of the top services that you can rely on for cash pick up services are Travelex and Money Gram.
If there is one thing that many people want to avoid when sending money is the high cost of the transfer. Through our platform, you should be able to complete your money transfer for as cheap through transfer agents like XendPay. When considering the cost of the transfer, you will want to find a transfer agent that offers a relatively higher exchange rate. Take care of hidden charges and always look out for transfer terms. There are some companies that offer better rates for large transfers and others allow you to send money for free for the first time.
When you want to send money without any issues, you will want to be certain about who you want to trust with your money. You will need to break down your needs and see if the transfer company satisfies every need. Firstly, you will want to confirm if the receiver will get their money without inconvenience. You can solve this by ensuring that you select a transfer agent that is available in both countries.
The duration taken for your transaction to complete is also an important factor and for you to be in control, you should be able to track your money. With that said, always make sure to work with a transfer agent with a reliable tracking system. By knowing how long your transfer should take, you will know the best time to send money so that it is received on time. If there is any form of delay, you will know through track after which you can make the most suitable action which is getting in touch with the support team.