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We currently compare 14 money transfer providers offering money transfers from Canada to Italy.
If you want to transfer Canadian dollars to a bank account in euros in Italy, the cheapest provider at the moment is OFX, with zero transfer fees and a competitive CAD-EUR conversion rate (currently at 1 CAD = 0.694 EUR).
In comparison, the total cost of your transfer would be 44.32 CAD (roughly 26x more expensive) if you were to use Royal Bank of Canada to make the same transaction.
The recipient of your transfer doesn't have a bank account? No problem, we compare several money transfer companies able to send euros in cash in Italy: the cheapest option is currently MoneyGram, with competitive fees of 4.99 CAD and a very competitive CAD-EUR conversion rate (current rate: 1 CAD = 0.6841 EUR).
This recommendation was updated a few minutes ago.
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Before each international money transfer, you should come and compare the costs of the different options on Monito, as they may have changed. The cheapest option is at the top, of our results but you may want to consider other criteria such as the speed of transaction or the pay-in or pay-out methods.
Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (and sometimes even zero), but beware of the poor exchange rates which banks often apply. We list as many banks as possible in our results, so do compare to find out if you’d be better off switching to another bank or a specialized money transfer company.
Yes. We only list money transfer operators or banks that are fully authorized and monitored by the regulation authorities of the countries where they operate.
Monito is not a money transfer company. We’re here to help you find the best way to send money to Italy.
To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.