Find the best ways to send money to Canada from Italy

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

We currently compare 12 different money transfer providers available to make a transfer from Italy to Canada.

If the person you're sending money to wants to receive Canadian dollars in his bank account in Canada, then TransferGo is currently the cheapest provider with zero transfer fees and a very competitive EUR-CAD exchange rate (their current exchange rate is 1 EUR = 1.3161 CAD).

The total cost of your transfer with TransferGo is 1.23 EUR, compared to that, you would pay a total cost of 37.73 EUR (roughly 31x more expensive) if you selected to use Banca Nazionale del Lavoro for the very same transaction.

For a money transfer to Canada, it might be worth it to also consider two other competitive money transfer providers: CurrencyFair and Wise.

This recommendation was updated a few minutes ago.

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With more than six million searches run in 2020 alone, Monito's real-time comparison engine is a world leader in comparing international money transfer services.
$38M+ in Transfer fees saved

By choosing a transfer service found on Monito, the average user pays a total of just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved nearly $40 million in total to date!
200 services reviewed and compared

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
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Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

1 EUR = CAD Mid-market exchange rate

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Monito's Recommendations for Sending Money from Italy to Canada

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 Italy to Canada:

Best Ways to Send Money from Italy to Canada

The cheapest: TransferGo and Revolut
The fastest: InstaReM and Revolut
The best mobile app: Wise

Best Rated Providers to Send Money from Italy to Canada

9.5

9.1

8.6

8.3

8.1

8.0

7.8

7.8

6.6

See Monito's In-Depth Money Transfer Guides

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Find the Fastest Way To Send Money Internationally

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Transfer Specialists vs Banks

July 8, 2021 - by Byron Mühlberg

The Best Money Transfer Services Ranked By Monito Score

June 7, 2021 - by François Briod

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

How can I use Monito to find the best option to send money to Canada?

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.
I simply use my bank to send money to Canada, do I really need to compare other options?

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.
Can I trust a company I found on Monito but never heard about before?

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.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money to Canada.

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.

Find the best ways to send money to Canada from Italy

Compare 12 providers for a 300 EUR transfer from Italy to Canada

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

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Monito's Recommendations for Sending Money from Italy to Canada

Best Ways to Send Money from Italy to Canada

Best Rated Providers to Send Money from Italy to Canada

See Monito's In-Depth Money Transfer Guides

Everyone wins, except expensive solutions

Questions you may have

Why Trust Monito?

Mid-market exchange rate