Best way to send money to Canada from USA

Highest remittance rate for converting 1 USD to CAD = 1.34

Send Money from US to Canada

Explore & compare 1 money transfer services to send money from USA to Canada. Compare exchange rate and fees for US Dollar to Canada Dollar. Choose the best remittance service for your fund transfer from USA to Canada for US Dollar to Canada Dollar to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

Many people are stuck between options when it comes to sending money from USA 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.

Country Guide - Canada


Mid Market Rate



Mid Market Rate


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You Pay (Includes Fee $ 2.5) $ 500
Receiving Amount
$ 675.3563
Realized Exchange Rate
instarem USD to CAD Exchange Rate
Best Value


Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from USA to Canada for sending amount 500. Today’s Instarem exchange rate for sending money from USD to CAD is 1.3575 with a $ 2.5 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.34. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

USD to CAD - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to Canada after comparison?
  • With our real-time comparison on sending money from USA to Canada ,
      we have found Instarem remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Instarem, 1.34 ) .
  • To remit money in the bank account of Canada, best companies is ( Instarem, 1.34 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from USA to Canada with agent service is Instarem with exchange rate 1.34.
  • Available pay in when sending money from USA to Canada Bank.
  • Available pay out when sending money from USA to Canada Bank.
  • Other options to transfer money from USA to Canada are Ria, Travelex, Westernunion .
  • The comparison result was last updated on Mar 05, 2024.
  • For the latest comparison result of USA to Canada, Please visit ExchangeRate IQ regularly.

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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Historical Mid Market Exchange Rate From US Dollar (USD) to Canada Dollar (CAD) (Weekly)

Current Exchange Rate(Mid Market) :- 1.36 CAD/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To CAD

Send US Dollar To CANADA Receive Canada Dollar
1 USD TO CAD 1.36
50 USD TO CAD 68
100 USD TO CAD 136
250 USD TO CAD 340
500 USD TO CAD 680
1000 USD TO CAD 1360
5000 USD TO CAD 6800
10000 USD TO CAD 13600
Send Canada Dollar Receive US Dollar From CANADA
50 CAD FROM USD 36.76
100 CAD FROM USD 73.53
250 CAD FROM USD 183.82
500 CAD FROM USD 367.65
1000 CAD FROM USD 735.29
5000 CAD FROM USD 3676.47
10000 CAD FROM USD 7352.94

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to CAD

Company Name Live Exchange Rate
XE Money Transfer $ 1.36
Instarem $ 1.36

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