Compare Korea South Won to Canada Dollar For Sending Money to Canada from USA

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About USD and CAD

The good business relationship between US and Canada has significantly contributed to the establishment of various US to Canada cash transfer services. Whether you are an immigrant or you need to purchase property in Canada from the US, the transaction can take as short as a couple of seconds. With over 80% of Canadians receiving money from US annually, it is safe to say that it is easy to send money from US to Canada.

Best way to send money from US to Canada

There are so many options to go with if you want to transfer money from US to Canada. Some of the best options you may want to consider include;

  1. Online Money transfer

    Technology has become an important player in the cash transfer industry and today, online money transfer from US to Canada is widely preferred. Some online money transfer companies that we have tested and proved to be worth your time and money include Transfer Wise, World Remit, OFX and XE Money Transfers.

  2. Direct bank transfer

    There are several Canadian banks in the US like CIBC US and this is good news more if you plan to remit lots of money regularly. If you are sending money to Canada from US via the same bank it takes a shorter time and the rates are also fair.

  3. Post office services

    There are some post offices that have a special agreement with money transfer companies that allow you to send or pick your money from the post office. Other similar services include Western Union.

What to consider when you want to send money from US to Canada

There are several factors that come into play if you want to send money from US to Canada and they include;

  • USD to CAD exchange rate
  • How long until the transfer in complete
  • How much money you want to send
  • If the receiver is comfortable with the channel you select

Fastest way to send money from US to Canada

Sending money to Canada from US can take a few seconds if you choose any of the online or bank transfer services that can offer fast transfers. You don’t need to worry about how much work you need to do before you can identify a prompt service because at Exchange Rate IQ, we get everything done for you as far as converting USD to CAD is concerned.

It is however important to point out that prompt cash transfer services to Canada from US fast usually come at an extra cost. You will get to pay less for the service if you are comfortable with the payment taking on or more days to be delivered.


What is the shortest time for sending money to Canada from US?

It can take upto a few minutes to transfer money from US to Canada but it all depends on the transfer option that you opt for. Some come at a high cost while others will favor you depending on how much you want to transfer.

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What is the cost for sending money from US to Canada?

There is no fixed rate for sending money to Canada from US since different transfer companies charge different rates. It is also good to know that the USD and CAD exchange rates are always fluctuating and this also can affect the cost of transfer.

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When is the best time to send money to Canada from US?

The best time to convert USD to CAD is when the USD is doing better in the market than the CAD. that way, your USD will be worth more in Canada hence things will be cheap.

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