With over 25,000 Canadians claiming Tunisian descent, there are plenty of reasons to send money from Canada to Tunisia. Whether you need to manage a portfolio of businesses expenses or want to send money home to family and friends living in the region, check out our handy guide to find the most competitive exchange rates and lowest fees on your next money transfer overseas.
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.
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.
While some Canadian banks do allow transfers to Tunisia, they tend to charge higher transfer fees and offer less competitive exchange rates than money transfer companies. On top of that, they can take up to six business days to process a transfer. Money transfer companies provide more competitive exchange rates and lower transfer fees than the banks. They also tend to take only one to three business days to process bank-to-bank transfers, with cash transfers reaching recipients in a matter of minutes.
Henry’s girlfriend Alyssa has been posted to Tunisia to work for six months. Henry has always wanted to visit Northern Africa, and figures there’s no better time than the present to knock the trip off of his bucket list. He decides to surprise Alyssa with $1,000 for her birthday, so she can buy flights to meet him in Morocco and they can travel back to Tunisia together over land. Since Henry has some time to peruse his options, he decides to compare two money transfer companies to see which one offers the best deal.
| Money transfer company 1 | Money transfer company 2 | |
|---|---|---|
Exchange rate | CAD$1 = TND 2.1 | CAD$1= TND 2.2 |
Transfer fee | $5 | $10 |
Transfer method | Online bank account transfer | Online bank account transfer |
Processing time | Less than 24 hours | 1-3 days |
Amount received | TND 2,100 | TND 2,200 |
By choosing to send funds with the second money transfer service, Henry pays $5 more for the transfer fee, but Alyssa receives an additional TND 100 (around $47) in the exchange rate.
There are a number of money transfer companies that will let you send money to Tunisia from Canada. It’s best to compare a couple of different options to get the best deal. Consider the following factors when you make your comparison.
There are a few different ways to send money to Tunisia, including:
If you’re in Tunisia and end up losing your wallet or purse, you should report your credit and debit cards as lost or stolen immediately. You can then think about getting some emergency money in different ways.
The Government of Canada recommends that Canadian visitors to Tunisia exercise a high degree of caution (as of 18 September 2018). Street crime including theft, pickpocketing and purse snatching has been much more frequent in Tunisia since the 2011 revolution. “Drive-by” thefts by individuals on scooters and motorcycles have occurred in tourist areas. If you do need to collect cash, look for an agent location in a safe neighborhood and call ahead to make sure they’ll have cash on hand. Visit during daylight hours in the company of a good friend and return to your hotel to stow your cash in a safe place as quickly as possible.
The steps involved in sending money to Tunisia depend on the method you choose.
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