Lock in the best deal on international money transfers

Compare money transfer services to lock in the lowest fees and most competitive exchange rates

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Are you looking for the best way to send money overseas? You’ve come to the right place. We’ve compiled a list of some of the most reputable and affordable services on the market to help you save money. Check out the table below, and click on [Go to Site] to lock in the best deal.

WorldRemit International Money Transfers

WorldRemit International Money Transfers


WorldRemit can help you get your money where it needs to go in minutes, with upfront exchange rates and low fees.

Use promo code FINDERCA on your first transfer and pay zero fees. T&Cs apply.

  • Transfers to 150+ countries
  • Send to bank account, cash pickup, mobile money, airtime top up
  • Pay with card, Interac or Apple/Android Pay

    Compare international money transfer options below.

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    CAD 0 Within an hour CAD 3.99 0.756 USD
    3,779
    Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
    An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
    Go to site Show details
    CAD 1 1 - 2 days CAD 45.00 0.759 USD
    3,763
    Make online transfers with transparent exchange rates, low fees and low minimum amounts. Go to site Show details
    CAD 0 1 day CAD 0.00 0.752 USD
    3,759
    Send money in more than 60 currencies. Fee-free international money transfers with a global brand. Go to site Show details
    CAD 2,000 1 day CAD 0.00 0.752 USD
    3,759
    TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
    Send money overseas in 45 currencies.
    Go to site Show details
    USD 150 1 day CAD 15.00 0.752 USD
    3,747
    Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
    A higher exchange rate applies to non-finder customers. Send money in 45 currencies.
    Go to site Show details

    Compare up to 4 providers

    Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

    How can I find the best exchange rate?

    The first step to finding the best exchange rate is to figure out the mid-market rate, which is the rate for bank-to-bank trades (also known as the interbank rate). Let’s say, for example, that you want to send money to the United States from Canada. To figure out the mid-market rate, simply punch “CAD to USD exchange rate” into Google (which in this case translates to CAD$1 = USD$0.77).

    Many online money transfer services will display mid-market rates rather than the rates they actually charge when you use the currency conversion calculators on their websites, so it’s best to register for an account or request a free quote directly from your provider to make sure you’re getting the best deal.

    How to find the best exchange rate

    How can I find the lowest fees?

    Even if you manage to find a top-notch exchange rate, high fees can throw a wrench in your plans to lock in the best deal. Many transfer companies offer low to no fees so it’s important to cross-reference if you want to make sure the money you save on exchange rates isn’t eaten up by fees and vice-versa. Best case scenario: you start with the company that has the lowest fees, and see how their exchange rates measure up. And if you’re not sure where to start, take a look at the table below to compare fees for a handful of reputable services.

    Money Transfer Service Transfer Fee (CAD)
    Canadian Forex $15
    Currency Solutions $0
    RationalFX $7
    TransferWise $10
    TorFX $0
    WorldFirst $10
    XE Money Transfer $0

    Fees updated as of 06 June 2018 (subject to change) – you can visit many of these websites directly by clicking ‘Go to Site’ on the interactive transfer comparison table at the top of the page.

    How can I make sure I get the best deal?

    One of the best ways to find a stellar deal is to use our interactive transfer comparison table at the top of the page. And if you’re not quite ready to commit to a money transfer service, we have a few more tricks up our sleeve to help you save money.

    • Lock in zero fees. Our friends at TorFX, Currency Solutions and XE Money Transfer (among other providers) don’t charge fees for transactions, which can save you a lot of money. Pro tip: compare their exchange rates to other money transfer services, to make sure they’re not compensating for zero fees with a less competitive margin.
    • Discover best price guarantees. The peeps at TorFX and Travelex offer price matching services so that even if you find a better deal from another provider, they’ll go out of their way to give you a similar deal (although conditions may apply). This feature can come in handy when you combine with zero or low-fee companies.
    • Track down first transfer free. Some companies, like Travelex and CurrencyFair, will give you your first transfer for free. Take advantage of “new customer” deals to get the most bang for your buck.

    Will my money get to where it needs to be on time?

    If time is of the essence and you need to send money overseas in a matter of minutes (rather than a couple of days) then you will likely need to settle on one of three companies: WorldRemit, Western Union and MoneyGram. These are among the only international money transfer services that offer cash transfers from Canada to hundreds of thousands of agent locations in countries all around the globe! But, just remember, the grass isn’t always greener on the other side, and you will have to pay higher fees and less competitive exchange rates for the privilege of a lightning fast transfer.
    International cash payment companies

    What are some other features I should look for?

    Different companies have different strengths, so it’s important to choose a company that offers what you need. Take a look at the table below to see what some of the most reputable services are bringing to the table.

    Service Zero Fees Forward Contracts Limit Orders Regular Payments Business Transfers
    OFX X
    Currency Solutions
    RationalFX X
    TransferWise X X X
    TorFX
    WorldFirst X
    XE Money Transfer X X >✓

    Details updated as of 06 June 2018 (subject to change) – you can visit many of these websites directly by clicking ‘Go to Site’ on the interactive transfer comparison table at the top of the page.

    What’s the best way to send money to different countries?

    Best practices can differ by destination country so feel free to read more specific information on the best ways to send money to different countries. Simply click on the country you’re sending money to for details about supported currencies, most cost-effective transfer options and other relevant features.

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