Money Transfer Companies from USA to Canada

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.

1. WorldRemit

Necessary money transfer information while send money to Canada using Worldremit -

Transfer Type Online
Pay-In Methods
Credit Card
Debit Card
Pay-Out Methods Bank Deposit
Fee $3.99
Speed 1-2 working days

PROS

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

CONS

Low maximum transfer amount

How to send money to Canada ?

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.

2. Transferwise

Necessary money transfer information while send money to Canada using Transferwise -

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

PROS

Easy process to sign up and initiate a transfer

It’s affordable

Offers better rates than many other providers

High daily transfer limits

CONS

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

How to send money to Canada ?

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.

3. Ria Money Transfer

Necessary money transfer information while send money to Canada using Ria Money Transfer -

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

PROS

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

CONS

Low maximum daily limit

How to send money to Canada ?

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.

Necessary money transfer information while send money to Canada using Xoom -

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

PROS

Offers 24/7 customer service

Track your transfers

Money-back guarantee

CONS

Many money transfer providers that service larger international networks than Xoom.

How to send money to Canada ?

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.

5. Worldfirst

Necessary money transfer information while send money to Canada using Worldfirst -

Transfer Type Online
Pay-In Methods Bank Account
Pay-Out Methods Bank Account
Speed 1 day

PROS

Transparent fee structure

Higher exchange rates than local banks

Easy to use website

CONS

High minimum transfers

No live chat information

Two step process

How to send money to Canada ?

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

Necessary money transfer information while send money to Canada using OFX -

Transfer Type Online
Pay-In Methods
Online
Phone
Agent
Speed 1 day

PROS

Multiple transfer options

No transfer fees

Wide range of currencies

CONS

Deliver funds using bank deposit only

Phone verification for new accounts

How to send money to Canada ?

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.

Necessary money transfer information while send money to Canada using Hifx -

Transfer Type Online
Pay-In Methods Bank
Speed 3-5 days

PROS

Uses online security technology

Trusted Company

Lower fees

Large transfer allowed

CONS

Bank to bank transfers only

No same currency transfer

How to send money to Canada ?

1. Sign up.

2. Get a quote.

7. Send.

8. Money2Anywhere

Necessary money transfer information while send money to Canada using Money2Anywhere -

Transfer Type Online
Pay-In Methods Bank Account
Pay-Out Methods
Bank Account
Cash Pickup
Fee $4.99
Speed 3-5 days

PROS

Best exchange rates

Multiple payment options

Safe and secure

CONS

Transfers for certain countries can be expensive

9. Western Union

Necessary money transfer information while send money to Canada using Western Union -

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

PROS

More than 500,000 agent locations around the world

Multiple transfer and pick up options

Safe and secure

CONS

Low maximum transfer amount

How to send money to Canada ?

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

10. Moneygram

Necessary money transfer information while send money to Canada using Moneygram -

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

PROS

Second largest money transfer provider

Wide range of sending, receiving and financing options

Fast and secure transactions

CONS

Maximum online transfer amount.

Fees can be higher when you use a credit or debit card to pay.

11. Transfast

Necessary money transfer information while send money to Canada using Transfast -

Transfer Type Online
Pay-In Methods
Bank account
Debit card
Credit Card
Pay-Out Methods Bank Transfer
Fee $4.99
Speed 3-5 days

PROS

Initiate transfer just creating account

Customer can choose from multiple payment options

Safe and secure

CONS

Higher fee when sending from credit card

How to send money to Canada ?

1. Visit Transfast’s website.

2. Select your recipient’s country.

3. Enter the amount you want to send.

4. Enter your recipient’s information and delivery method.

5. Pay for your transfer via bank account, credit card or debit card.

6. Review and confirm your transaction.

7. Complete the transaction

12. CurrencyFair

Necessary money transfer information while send money to Canada using CurrencyFair -

Transfer Type Online
Pay-In Methods Bank
Pay-Out Methods Bank
Fee Lower fee than banks
Speed 1-2 days

PROS

CurrencyFair very simple to use

Transparency of data

Safe and secure

CONS

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.

How to send money to Canada ?

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.