Finder’s International Money Transfer Awards recognizes Canada’s best money transfer platform. Find out the overall winner as well as those named category winners for Coverage, Beginners, Features and more.
Not only do OFX offer convenient, low-cost global transfers, but its website and app are also packed with handy features for individuals and businesses. Rate alerts, transfer tracking, payment APIs and transfer options such as forward contracts put it out in front for our Features category.
Remitly’s handy app has proved popular with its customers and has seen the platform take out the win in our App category. App users can use it to do everything they would on the Remitly website and manage their transfers in their language of choice.
MoneyGram is a household name in global money transfers and is our winner for the Coverage category. Those looking to transfer money can transfer up to 100 currencies to up to 200 countries with this platform.
Global money transfer platform Paysend has come out on top in our Value category, which required it to score well across a range of features including fees, coverage, features, payment options and transfer speed.
In a second win for OFX it has been named the winner of our Business category. OFX offers business customers a number of great features including an account manager, a large number of payment options, low-cost transfers, payment APIs and transfer options that can benefit businesses such as forward contracts.
If you’re sending money to China from Canada, Remitbee is your best option. It scored highly for its low fees to transfer money from Canadian Dollars to Chinese Yuan along with a good exchange rate, fast transfers, customer support, payment options and transfer features.
Online money transfer platform XE is the winner of our Sending Money to India category. The platform was found the be the best for transferring money from Canadian Dollars to Indian Rupees with a competitive exchange rate, speedy transfer and other features such as a good range of payment options and customer support.
XE was also the winner of our Sending Money to the UK category. The online money transfer platform was the most competitive for Canadians transferring Dollars into Pounds and offered a competitive exchange rate, fast transfer, a range of payment options and other handy features such as customer support.
XE also came out on top for our Sending Money to the US category. Those looking to transfer Canadian Dollars to United States Dollars will find XE to have fast transfers, a wide range of payment options, customer support, and of course, a competitive exchange rate.
XE is also the winner of our Sending Money to the Philippines category. Canadians looking for a fast, convenient way to send money to the Philippines will benefit from XE’s competitive exchange rate, payment options, customer support and other features on offer.
Elizabeth Barry is lead editor for Finder's global financial niches which includes banking, crypto and investments. She has written about finance for 10 years and is regularly featured in a range of publications and media including Seven News, the ABC, MSN, the Irish Times and Singapore Business Review.
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