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Find the best ways to send money to Pakistan from Canada

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Compare 11 results

  • 400 CAD =
    55,569 PKR
    3-5 days
    Preferential fee and/or exchange rate only on your first transfer
    Best deal
    Monito Score
    9.0
    Go to Remitly
    You pay
    400 CAD
    Payment options
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    • Bank transfer 3-5 days
      2.99 CAD
    • Credit card Same day
      3.99 CAD
    • Debit card Same day
      3.99 CAD
    Exchange rate
    Preferential fee and/or exchange rate only on your first transfer
    Offer valid for Remitly new customers only.
    Remitly's exchange rate (1 CAD = 139.9700 PKR) is 1.45% better than the mid-market exchange rate, subtracting -5.74 CAD from the total cost of this transfer.
    2.77 CAD -5.74 CAD
    55,569 PKR
    arrives in Pakistan
  • 400 CAD =
    54,296 PKR
    3-5 days
    1,273.44 PKR less than with Remitly
    Monito Score
    9.5
    Go to Wise
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      4.93 CAD
    • Direct bank payment 3-5 days
      4.98 CAD
    • Debit card Next day
      10.08 CAD
    • Credit card Next day
      12.57 CAD
    Exchange rate
    Wise's exchange rate (1 CAD = 137.4340 PKR) is 0.39% worse than the mid-market exchange rate, adding 1.55 CAD to the total cost of this transfer.
    1.55 CAD
    54,296 PKR
    arrives in Pakistan
  • 400 CAD =
    54,134 PKR
    2 days
    1,435.50 PKR less than with Remitly
    Monito Score
    7.8
    Go to WorldRemit
    You pay
    400 CAD
    Payment options
    • Credit card 2 days
      0 CAD
    • Direct bank payment 2 days
      0 CAD
    • Debit card 2 days
      0 CAD
    Exchange rate
    WorldRemit's exchange rate (1 CAD = 135.3350 PKR) is 1.91% worse than the mid-market exchange rate, adding 7.65 CAD to the total cost of this transfer.
    7.65 CAD
    54,134 PKR
    arrives in Pakistan
  • 400 CAD =
    53,747 PKR
    Next day
    1,822.45 PKR less than with Remitly
    Monito Score
    7.7
    Go to MoneyGram
    You pay
    400 CAD
    Payment options
    • Credit card Next day
      4.99 CAD
    Exchange rate
    MoneyGram's exchange rate (1 CAD = 136.0650 PKR) is 1.38% worse than the mid-market exchange rate, adding 5.47 CAD to the total cost of this transfer.
    5.47 CAD
    53,747 PKR
    arrives in Pakistan
  • 400 CAD =
    52,980 PKR
    In minutes
    2,589.17 PKR less than with Remitly
    Monito Score
    8.4
    Go to Skrill
    You pay
    400 CAD
    Payment options
    • Debit card In minutes
      0 CAD
    • Cash 2 days
      0 CAD
    • Credit card In minutes
      2 CAD
    Exchange rate
    Skrill's exchange rate (1 CAD = 132.4508 PKR) is 4% worse than the mid-market exchange rate, adding 16.01 CAD to the total cost of this transfer.
    16.01 CAD
    52,980 PKR
    arrives in Pakistan
  • 400 CAD =
    49,635 PKR
    3-5 days
    5,934.20 PKR less than with Remitly
    Monito Score
    ?
    Go to Royal Bank of Canada
    Your transfer
    You pay
    400 CAD
    Payment options
    • Bank transfer 3-5 days
      13.50 CAD
    Exchange rate
    Royal Bank of Canada's exchange rate (1 CAD = 133.8688 PKR) is 2.98% worse than the mid-market exchange rate, adding 11.50 CAD to the total cost of this transfer.
    11.50 CAD
    Bank fees
    Because Royal Bank of Canada doesn't use a local bank account to pay out the transfer, additional fees may be applied by the receiving bank. We estimate an amount of 15.26 CAD, however the exact amount varies from bank to bank.
    15.26 CAD
    49,635 PKR
    arrives in Pakistan

How to send money from Canada to Pakistan at the best rate?

Our comparison engine found 10 different money transfer providers offering money transfers from Canada to Pakistan.

If the recipient of the transfer wants to receive Pakistani rupees in her bank account in Pakistan, then Remitly is at the moment the most competitive option with competitive fees of 2.99 CAD and a competitive CAD-PKR conversion rate (their current rate is 1 CAD = 139.97 PKR).

Adding the fees and exchange rate margin, the total cost with Remitly is -2.75 CAD, compared to that, the total cost of your transfer would be 40.26 CAD (which is approximately -15x more) if you wanted to use Royal Bank of Canada to make the same transaction.

Two other competitive providers are worth considering: Wise and WorldRemit.

You need the money in cash? We list several money transfer companies able to send Pakistani rupees for cash pick-up in Pakistan: the most competitive provider currently is Remitly, with competitive fees of 2.99 CAD and a very competitive CAD-PKR exchange rate (their current rate is 1 CAD = 139.97 PKR).

In comparison, the total cost of your transfer would be 9.83 CAD if you wanted to use WorldRemit to make the same transfer.

This recommendation was updated a few minutes ago.

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Monito's Recommendations for Sending Money from Canada to Pakistan

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from Canada to Pakistan:

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Best Ways to Send Money from Canada to Pakistan

How to send money from Canada to Pakistan

You don’t want to pay high fees when you’re transferring money from Canada to Pakistan. We’ll share the fastest, easiest, and most secure ways to convert Canadian dollars to Pakistani rupees and help you keep your fees to an absolute minimum.

Whether you’re travelling to Pakistan, sending money to family and friends, paying living expenses, investing, buying or selling property or something else, we’ll recommend the best money transfer providers. That way, the person getting the rupees has more cash in their pockets, and that’s good for both of you.

You could be paying too much to send Canadian dollars to Pakistan

Canadian residents send around $565,000,000 USD to Pakistan every year. High currency exchange fees charged by traditional banks, PayPal and some of the more expensive currency exchange businesses could mean up to $30,000,000 USD in unnecessary fees — or $300 each if 100,000 residents are converting their dollars to rupees.

How you get charged when you transfer money to Pakistan from Canada

There are three main ways you could be overpaying when you’re converting Canadian currency:

  • Fixed fee — this is a fixed CAD fee that banks and some other providers charge to convert and transfer money. It could be as much as $40 CAD.
  • Percentage fee — this is a commission that you pay on the total amount you transfer, so the less you send, the less you pay. These can range between under half a percent to two percent or more.
  • Difference to exchange rate — this is where you get a worse exchange rate than the standard exchange rate. For example, the standard exchange rate states that $100 CAD is worth 10,480 rupees, but a currency provider sends 10,350 rupees to the beneficiary.

We keep things simple. When we compare money transfer providers, we take all the fees into account, and recommend the ones where your Canadian dollars go furthest.

Payment and Collection Options when Exchanging from Canada to Pakistan

Paying in and Funding Options in Canada

Canadian residents funding a currency exchange will normally choose to pay through a direct bank payment, their debit or credit card or a bank transfer. 

Money collection options in Pakistan

Around 100 million Pakistanis don’t have a bank account, this means cash pickup or transfers to mobile wallets are a good option. We’ve shown these details below.

Using a FOREX provider for sending money from Canada to Pakistan

For higher-value transactions, you may choose to transfer funds using a foreign exchange (FOREX) broker, as you will receive personalized phone or email service and may be assigned a specialist account manager. A FOREX broker may offer multiple collection options for the person receiving the funds.

The Best Providers for Sending Money to Pakistan from Canada

The fees you pay can change, depending on how much you’re transferring. Because of this, we’ve compared money transfer specialists over four different amounts:

  • Very low-value transfers of $100 CAD or less
  • Low-value transfers of $500 CAD
  • Medium-value transfers of $2,000 CAD
  • High-value transfers of $10,000 CAD or more

*There may be an additional fee for funding a transaction using this method.

FAQ about money transfers from Canada to Pakistan

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

  • The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.

  • Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito
  • Monito is Trusted by 15+ Millions Users across the globe.

  • Monito's experts spend hours researching and testing services

  • Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

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.

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