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Both the EURO and the CAD are popular currencies, being used for businesses across very many countries. They are among the 5 most remitted currencies in the world as reported by the World Bank. This is together with the Japanese Yen, the US Dollar and the Sterling pound.
It is therefore safe to say that several transfers are usually made from France to Canada as many French are living in Canada. They therefore require money from their counterparts abroad to enable them to operate normally. Below, we will take you through some of the most used and trusted service providers and what to look for in each.
There are so many companies to use when sending money from France to Canada. More than 20 trusted service providers offer this service and perhaps this is aided by the good relationship ties between these two countries.
Apart from banks, some of the best online money transfer companies you can use when sending money from France to Canada include:
No company values your money the way TransferGo does. With its headquarters in London, these service providers transfer funds from over 33 countries to over 45 countries, including France and Canada. They do this via their website and apps. Some of their benefits are:
XE Money is a good go-to for your money transfers especially from France to Canada. The Canadian based service provider is efficient in its operations as it offers competitive exchange rates at no fees without compromising their quality of service or security. It is recognized as a currency specialist because it:
Did you know that with Instarem, you can transfer money from over 60 countries to 25+ countries. Despite offering most of its services to Asian countries, it has an extended scope that covers transfers in other parts of the world including sending money from France to Canada. It:
You have to be considerate and strict when choosing a transfer option to carry out your remittance from France to Canada. Remember, this is your money we are talking about and security is of high priority. With that said, some of the things to watch out for when choosing a service provider are:
Security: Is the service provider secure and are they able to handle large amounts of cash carefully? They should and you can check this out by looking at their safety measures, security protocols and history of past remittances.
Refund policy: Good service providers should protect you from loses. This is because they take the role of handling your cash wholly without you being involved in the final processes involved. They should be able to refund you in case of losses. Better yet, they should offer you forward and limit contracts to help protect your cash further.
Transparency: A good service provider should lay out its fee structure and show all the costs incurred when making your transfers. This way, they show that they are reliable and can be trusted with your money.