Compare 6 providers for a 400 CAD transfer from Canada to Uganda
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Consistently poor exchange rates, high fees and low customer satisfaction.
We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.
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We currently compare 6 providers to send money to Uganda from Canada.
To send Canadian dollars to a bank account in Ugandan shillings in Uganda, the most competitive option is currently WorldRemit, with zero transfer fees and a very competitive CAD-UGX conversion rate (their current exchange rate is 1 CAD = 2,858.9906 UGX).
Adding the fees and exchange rate margin, the total cost with WorldRemit is 2.62 CAD, but the total cost of your transfer would be 11.46 CAD (roughly 4x as much) if you were to use Equity Direct for the very same transfer.
If your recipient wants to be able to pick up Ugandan shillings in cash in Uganda, then the most competitive provider currently is Remitly, with no transfer fees and a competitive CAD-UGX conversion rate (current rate: 1 CAD = 2,863.95 UGX).
When taking the exchange rate and the fees into account, the total cost of your transfer to a cash pick-up location in Uganda with Remitly is -0.03 CAD, in comparison you would pay a total cost of 19.51 CAD if you were to use WorldRemit to make the same transfer.
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 Uganda.
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.