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Lock in the best deal on international money transfers

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

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.

Compare international money transfer options below.

Rates last updated March 20th, 2019
Name Product Min. Transfer Amount Transfer Speed Services Description Online Transfer Fee Rate Amount Received
WorldRemit International Money Transfers
CAD 0
Within an hour
Online, Bank Account to Bank Account, Cash Transfer
Use code FINDERCA and pay zero fees on your first transfer. Conditions apply.
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
TransferWise International Money Transfers
CAD 1
1 - 2 days
Online
Make online transfers with transparent exchange rates, low fees and low minimum amounts.
WorldFirst International Money Transfers
CAD 250
1 day
Online, Phone
Send 60+ currencies at competitive rates with $0 transfer fees for Finder customers. WorldFirst will beat any eligible quote from another provider.
XE International Money Transfers
CAD 0
1 day
Online, Phone, Bank Account to Bank Account
Send money in more than 60 currencies. Fee-free international money transfers with a global brand.
TorFX International Money Transfers
USD 150
1 day
Online, Phone, Agent
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.

Send money overseas in 45 currencies.
Exclusive: OFX (Ozforex) International Money Transfers
USD 150
1 day
Online, Phone, Agent
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.
CurrencyFair International Money Transfers
EUR 3
1 - 2 days
Online
CurrencyTransfer International Money Transfers
GBP 5,000
1 - 2 days
Online, Phone, Bank Account to Bank Account, International Money Order
Only suited to transfers above £5000 or your currency equivalent. Ideal for large transfers and business transfers.
The ‘Rate’ and ‘Amount Received’ displayed are indicative rates that have been supplied by each brand or gathered by Finder.

Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.

Compare up to 4 providers

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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