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BMO exchange rates

Learn more about BMO foreign exchange rates and supported currencies before sending funds overseas.

BMO customers can send money internationally through online banking or by sending in-branch wire transfers. Learn more about BMO exchange rates, and narrow down your options by comparing rates between money transfer services.

What are BMO’s foreign exchange rates?

Here’s a sample of BMO currency exchange rates. The “buy” price is how much BMO will pay you (in Canadian dollars) when you give them a foreign currency. The “sell” price is how much BMO will charge you (in Canadian dollars) to buy a foreign currency.

This table was last updated March 23, 2021.

CountryCurrencyBMO Buy price BMO Sell price
United StatesUS Dollar (USD)1.221.29
European UnionEuro (EUR)1.431.55
United KingdomPound Sterling (GBP)1.681.79
AustraliaAustralian Dollar (AUD)0.931.01
AustriaEuro (EUR)1.431.55
BelgiumEuro (EUR)1.431.55
DenmarkDanish Krone (DKK)0.190.21
FijiFiji Dollar (FJD)0.540.70
FinlandEuro (EUR)1.431.55
FranceEuro (EUR)1.431.55
GermanyEuro (EUR)1.431.55
GreeceEuro (EUR)1.431.55
GreenlandDanish Krone (DKK)0.190.21
Hong KongHong Kong Dollar (HKD)0.150.17
IrelandEuro (EUR)1.431.55
ItalyEuro (EUR)1.431.55
JapanYen (JPY)0.0110.012
LiechtensteinSwiss Franc (CHF)1.311.38
LuxembourgEuro (EUR)1.431.55
MexicoMexican Peso (MXN)0.060.07
NetherlandsEuro (EUR)1.431.55
New ZealandNew Zealand Dollar (NZD)0.860.94
NorwayNorwegian Krone (NOK)0.140.15
PortugalEuro (EUR)1.431.55
SingaporeSingapore Dollar (SGD)0.910.95
SloveniaEuro (EUR)1.431.55
SpainEuro (EUR)1.431.55
SwedenSwedish Krona (SEK)0.140.15
SwitzerlandSwiss Franc (CHF)1.311.38

Sending money with BMO: What to know

What we like

  • Fast cash transfers. BMO sends money through Western Union so cash transfers arrive within minutes.
  • 24/7 access. Transfers are sent through an online platform that you can conveniently access at any time of day.

What to watch out for

  • Poor exchange rates. BMO adds a larger margin to the exchange rate than specialist money transfer services.
  • High fees. You’ll have to pay a percentage on the total amount you transfer on top of a flat fee. This can add up quickly, especially if you’re sending a large amount.

BMO international money transfers

How do BMO’s exchange rates compare?

BMO’s exchange rates are competitive with other banks in Canada. But dedicated money transfer services usually offer better rates than banks. Comparing BMO to popular money transfers services, and save on your next overseas transfer.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
CAD 1 Same day CAD 0.00 0.805 USD
8,051
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
USD 150 1 day CAD 0.00 0.806 USD
8,059
Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Go to site Show details
CAD 2,000 1 day CAD 0.00 0.806 USD
8,058
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
CAD 10 Within an hour CAD 1.99 0.8 USD
8,001
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
Go to site Show details
USD 10,000 1 - 2 days CAD 0.00 0.802 USD
8,022
Dunbridge Financial offers competitive exchange rates and zero fees on transfers to more than 120 countries. Go to site Show details
CAD 1 1 - 2 days CAD 90.00 0.809 USD
8,018
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
GBP 5,000 1 - 2 days CAD 0.00 0.806 USD
8,056
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. 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.

The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.

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