Before sending money to Canada, there are couple of things you have to keep in mind like what is the cheapest way ? Depending on your sending amount, what is the fastest money transfer service because time can mean everything. What are the transfer methods available ? Is your final option is the best option for sending money ?
For the all above questions, you can see and compare all popular money transfer services for sending money from USA to Canada on this page.
Transfer Type | Online |
Pay-In Methods | Credit Card Debit Card |
Pay-Out Methods | Bank Deposit |
Fee | $3.99 |
Speed | 1-2 working days |
Lower fees than you will find in banks
There is no minimum amount for your transfers
Convenient to send money to Canada online transaction makes it easier to send money
A good feature of WorldRemit is that they will send your recipient an SMS message when the transfer is initiated and give them the transaction number. You will receive a similar SMS once your beneficiary has collected the cash
Low maximum transfer amount
1. How you want to send money to Canada: Choose bank deposit and enter the amount so that you can transfer to all banks in 1-2 working days.
2. Fill your recipient's details:you can choose from a list of people you’ve sent to in the past, or add a new recipient
3. Now pay for the transfer:you and the recipient both will get notifications by SMS and email when the money is sent and received.
Transfer Type | Online |
Pay-In Methods | Bank |
Pay-Out Methods | Bank |
Fee | A fee of 1% of the amount sent |
Speed | 3-5 days |
Security |
1. 2-factor authentication
2. Registered with the Financial Crimes Enforcement Network (FinCEN)
3. Standard HTTPS encryption safeguards
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Easy process to sign up and initiate a transfer
It’s affordable
Offers better rates than many other providers
High daily transfer limits
Bank account transfers only
It's a Two-step process, firstly wire money to TransferWise and then deposits the money to recipient’s bank account
Need an SSN(Social Security Number) to send money
1. Initiate your transfer by using the TransferWise website on a desktop, laptop, or mobile device.
2. Provide the recipient’s bank account details or an email address.
3. Enter the sending amount or the exact amount you want the recipient to receive. If you opt for a specific amount transfer, you have to pay an extra 3% deposit, in the event there is a fluctuation in the exchange rate.
4. Make your payment using any of the available methods.
Transfer Type | Online |
Pay-In Methods | Bank Account Credit Card Debit Card |
Pay-Out Methods | Cash Pickup |
Fee | Different fee when choosing different payment methods |
Speed | 3-5 working days |
Offers expert advice and simple, secure transactions
It offers multiple ways of transaction and receiving money
Exchange rates are higher than banks, with lower fees
Low maximum daily limit
1. Create a free online account on Ria’s website.
2. Fill the details of money transfer.
3. Enter your recipient’s full name and address.
4. If you’re sending money for cash pickup, select a location near your recipient from the provided list.
5. Select a payment method.
6. If paying by credit or debit card, enter your card information and billing address.
7. Check that the information is correct on the Pre-Order Confirmation.
8. Get your order number, which you can use to track your transfer.
9. Track the progress of your transfer by entering your order number, PIN or reference number in the box.
Transfer Type | Online |
Pay-In Methods | Bank Account Credit Card Debit Card |
Pay-Out Methods | Bank |
Fee | Free for transfers over $1000 when sending with Bank Account |
Speed | Instant |
Security |
1. Offers a money-back guarantee
2. Website relies on 128-bit encryption
3. Works with a number of leading banks
|
Offers 24/7 customer service
Track your transfers
Money-back guarantee
Many money transfer providers that service larger international networks than Xoom.
1. Sender can transfer the money using a computer or a mobile device.
2. After filling details, you can choose payment options.
3. Enter your recipient’s details.
4. Track the progress of your transfer.
5. Xoom lets you cancel your transfer if it hasn’t gone through, and cancellations do not attract any fees.
Transfer Type | Online |
Pay-In Methods | Bank Account |
Pay-Out Methods | Bank Account |
Speed | 1 day |
Transparent fee structure
Higher exchange rates than local banks
Easy to use website
High minimum transfers
No live chat information
Two step process
1. Create a personal account.
2. Complete your personal information.
3. Choose your receiver country and currency.
4. Provide your passport information.
5. Login with your username and password.
6. Answer two security questions
7. Complete all fields regarding your recipient's detail
Transfer Type | Online |
Pay-In Methods | Online Phone Agent |
Speed | 1 day |
Multiple transfer options
No transfer fees
Wide range of currencies
Deliver funds using bank deposit only
Phone verification for new accounts
1. Register an account with Ofx.
2. Enter personal details, address and occupation.
3. Verify your identity and log into your account.
4. You will get a rate quote.
5. Add the receiving account details.
6. Confirm the transaction.
7. Track the status of transaction.
Transfer Type | Online |
Pay-In Methods | Bank |
Speed | 3-5 days |
Uses online security technology
Trusted Company
Lower fees
Large transfer allowed
Bank to bank transfers only
No same currency transfer
1. Sign up.
2. Get a quote.
7. Send.
Transfer Type | Online |
Pay-In Methods | Bank Account |
Pay-Out Methods | Bank Account Cash Pickup |
Fee | $4.99 |
Speed | 3-5 days |
Best exchange rates
Multiple payment options
Safe and secure
Transfers for certain countries can be expensive
Transfer Type | Online At agent locations Mobile apps |
Pay-In Methods | Bank account Credit/debit card Pay With Cash |
Pay-Out Methods | Bank Cash |
Fee | Different fee when sending with different sending methods |
Speed | 3-5 days |
More than 500,000 agent locations around the world
Multiple transfer and pick up options
Safe and secure
Low maximum transfer amount
1. Set up a free account.
2. Log into account and initiate transfer.
3. Choose your payment method.
4. Fill recipient’s name and contact information.
5. If sending to a bank account, you’ll need the bank name and account number. If you’re sending a prepaid card for home delivery, you’ll need the address and phone number.
6. Fill your contact information.
7. Complete the transaction
Transfer Type | Online In person |
Pay-In Methods | An agent location Online |
Pay-Out Methods | Account deposit Cash Pickup |
Fee | Lower fee |
Speed | 3-5 days |
Second largest money transfer provider
Wide range of sending, receiving and financing options
Fast and secure transactions
Maximum online transfer amount.
Fees can be higher when you use a credit or debit card to pay.
Transfer Type | Online |
Pay-In Methods | Bank |
Pay-Out Methods | Bank |
Fee | Lower fee than banks |
Speed | 1-2 days |
CurrencyFair very simple to use
Transparency of data
Safe and secure
You will not use the conventional credit cards, bank drafts, and cheques, as it is an online currency exchange platform. Instead, you need to have several bank accounts registered in the currencies that will typically be involved in the transfer.
1. First, decide whether you want to send the money through CurrencyFair and straight to the recipient, or keep it in CurrencyFair to send later.
2. Then, use your internet banking to transfer the money using our instructions.
3. Once your money arrives into CurrencyFair, it's time to exchange. You can exchange instantly at the best rate available on CurrencyFair at that time, or you can choose a better rate and wait for it. You're in complete control.
4. Once your money is exchanged, you can send it to the recipient.
5. The money will arrive safely in the recipient's bank account in just a couple of days.