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Best Ways to Send Money from UK to Canada

Country from
Country to
You send
To
  • 5,000 GBP =
    8,498 CAD
    Next day
    Best deal
    Monito Score
    9.5
    Go to Wise
    You pay
    5,000 GBP
    Payment options
    • Bank transfer Next day
      18.24 GBP
    • Credit card Next day
      33.15 GBP
    • Debit card Next day
      33.15 GBP
    • International bank transfer 3-5 days
      18.24 GBP
    Exchange rate
    Wise's exchange rate (1 GBP = 1.7057 CAD) is 0.09% worse than the mid-market exchange rate, adding 4.59 GBP to the total cost of this transfer.
    4.59 GBP
    8,498 CAD
    arrives in Canada
  • 5,000 GBP =
    8,485 CAD
    2 days
    12.43 CAD less than with Wise
    Monito Score
    6.6
    Go to Xendpay
    You pay
    5,000 GBP
    Payment options
    • Debit card 2 days
      9.96 GBP
    • Credit card 2 days
      9.96 GBP
    • Bank transfer 3-5 days
      9.96 GBP
    Exchange rate
    Xendpay's exchange rate (1 GBP = 1.7004 CAD) is 0.40% worse than the mid-market exchange rate, adding 20.14 GBP to the total cost of this transfer.
    20.14 GBP
    8,485 CAD
    arrives in Canada
  • 5,000 GBP =
    8,478 CAD
    2 days
    £10 off on your first transfer with code MONIGB10
    19.54 CAD less than with Wise
    Monito Score
    8.0
    Go to InstaReM
    £10 off on your first transfer with code MONIGB10
    You pay
    5,000 GBP
    Payment options
    • Bank transfer 2 days
      0 GBP
    • Debit card Same day
      10 GBP
    Exchange rate
    InstaReM's exchange rate (1 GBP = 1.6956 CAD) is 0.69% worse than the mid-market exchange rate, adding 34.27 GBP to the total cost of this transfer.
    34.27 GBP
    8,478 CAD
    arrives in Canada
  • 5,000 GBP =
    8,474 CAD
    2 days
    ZERO fees on your first THREE transfers with code 3FREE
    23.14 CAD less than with Wise
    Monito Score
    7.8
    Go to WorldRemit
    You pay
    5,000 GBP
    Payment options
    ZERO fees on your first THREE transfers with code 3FREE
    New WorldRemit customers only. Apply the code during the transfer process in the ‘PROMO CODE’ section for each of first 3 transfers to get the discount.
    • Direct bank payment 2 days
      0.99 GBP 0 GBP
    • Bank transfer 2 days
      0.99 GBP 0 GBP
    • Debit card 2 days
      0.99 GBP 0 GBP
    • Credit card 2 days
      0.99 GBP 0 GBP
    Exchange rate
    WorldRemit's exchange rate (1 GBP = 1.6949 CAD) is 0.73% worse than the mid-market exchange rate, adding 36.38 GBP to the total cost of this transfer.
    36.37 GBP 36.38 GBP
    8,474 CAD
    arrives in Canada
  • 5,000 GBP =
    8,440 CAD
    2 days
    Zero transfer fees on 1st transfer with code MONITO
    57.59 CAD less than with Wise
    Monito Score
    9.1
    Go to TransferGo
    You pay
    5,000 GBP
    Payment options
    Zero transfer fees on 1st transfer with code MONITO
    Offer valid for TransferGo new customers only. Apply the MONITO code during the transfer process to get the discount. You only pay the exchange rate margin.
    • Bank transfer 2 days
      0.99 GBP 0 GBP
    • Credit card 2 days
      0.99 GBP 0 GBP
    • Debit card 2 days
      0.99 GBP 0 GBP
    Exchange rate
    TransferGo's exchange rate (1 GBP = 1.6930 CAD) is 0.84% worse than the mid-market exchange rate, adding 41.92 GBP to the total cost of this transfer.
    41.91 GBP 41.92 GBP
    Bank fees
    Because TransferGo 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 14.64 GBP, however the exact amount varies from bank to bank.
    14.64 GBP
    8,440 CAD
    arrives in Canada
  • 5,000 GBP =
    8,369 CAD
    2 days
    128.56 CAD less than with Wise
    Monito Score
    7.5
    Go to Western Union
    You pay
    5,000 GBP
    Payment options
    • Bank transfer 2 days
      0 GBP
    • Credit card 2 days
      2.90 GBP
    Exchange rate
    Western Union's exchange rate (1 GBP = 1.6738 CAD) is 1.96% worse than the mid-market exchange rate, adding 98.13 GBP to the total cost of this transfer.
    98.13 GBP
    8,369 CAD
    arrives in Canada
  • 5,000 GBP =
    8,354 CAD
    Same day
    Preferential exchange rate
    143.69 CAD less than with Wise
    Monito Score
    7.8
    Go to XE Money Transfer
    You pay
    5,000 GBP
    Payment options
    • Bank transfer Same day
      0 GBP
    • Debit card Same day
      0 GBP
    • Credit card Same day
      0 GBP
    Exchange rate
    Preferential exchange rate
    Offer valid for XE Money Transfer new customers only
    XE Money Transfer's exchange rate (1 GBP = 1.6708 CAD) is 2.14% worse than the mid-market exchange rate, adding 106.99 GBP to the total cost of this transfer.
    106.99 GBP
    8,354 CAD
    arrives in Canada
  • 5,000 GBP =
    8,210 CAD
    2 days
    287.65 CAD less than with Wise
    Monito Score
    ?
    Go to Barclays
    Your transfer
    You pay
    5,000 GBP
    Payment options
    • Bank transfer 2 days
      28 GBP
    Exchange rate
    Barclays's exchange rate (1 GBP = 1.6563 CAD) is 2.99% worse than the mid-market exchange rate, adding 148.66 GBP to the total cost of this transfer.
    148.66 GBP
    Bank fees
    Because Barclays 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 14.64 GBP, however the exact amount varies from bank to bank.
    14.64 GBP
    8,210 CAD
    arrives in Canada
  • 5,000 GBP =
    8,138 CAD
    3-5 days
    359.66 CAD less than with Wise
    Monito Score
    5.4
    Go to PayPal
    You pay
    5,000 GBP
    Payment options
    • Bank transfer 3-5 days
      2.99 GBP
    • PayPal 3-5 days
      2.99 GBP
    Exchange rate
    PayPal's exchange rate (1 GBP = 1.6286 CAD) is 4.61% worse than the mid-market exchange rate, adding 230.50 GBP to the total cost of this transfer.
    230.50 GBP
    8,138 CAD
    arrives in Canada
  • 5,000 GBP =
    7,901 CAD
    Next day
    596.39 CAD less than with Wise
    Monito Score
    ?
    Go to HSBC
    Your transfer
    You pay
    5,000 GBP
    Payment options
    • Bank transfer Next day
      4 GBP
    Exchange rate
    HSBC's exchange rate (1 GBP = 1.5865 CAD) is 7.08% worse than the mid-market exchange rate, adding 353.50 GBP to the total cost of this transfer.
    353.50 GBP
    Bank fees
    Because HSBC 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 14.64 GBP, however the exact amount varies from bank to bank.
    14.64 GBP
    7,901 CAD
    arrives in Canada
  • 5,000 GBP =
    7,876 CAD
    3-5 days
    621.58 CAD less than with Wise
    Monito Score
    ?
    Go to Lloyds
    Your transfer
    You pay
    5,000 GBP
    Payment options
    • Bank transfer 3-5 days
      9.50 GBP
    Exchange rate
    Lloyds's exchange rate (1 GBP = 1.5832 CAD) is 7.27% worse than the mid-market exchange rate, adding 362.76 GBP to the total cost of this transfer.
    362.76 GBP
    Bank fees
    Because Lloyds 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 14.64 GBP, however the exact amount varies from bank to bank.
    14.64 GBP
    7,876 CAD
    arrives in Canada

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

Our comparison engine found 20 different money transfer providers available for your transfer from UK to Canada.

To transfer your Pounds sterling to a bank account in Canadian dollars in Canada, Wise is the provider giving you the most Canadian dollars for your money with 18.24 GBP for the transfer fees and a very competitive GBP-CAD exchange rate (currently at 1 GBP = 1.7057 CAD).

Adding the fees and exchange rate margin, the total cost with Wise is 22.83 GBP, compared to that, the total cost would be 386.9 GBP (approximately 17x more expensive) if you wanted to use Lloyds for the very same transaction.

For this transfer to Canada, you should also check out two other competitive money transfer providers: Currencies Direct and Xendpay.

You prefer the money to arrive in cash? No problem, we compare several money transfer companies able to send Canadian dollars in cash in Canada: the most competitive provider currently is Western Union, with competitive fees of 4.9 GBP and a good GBP-CAD exchange rate (currently at 1 GBP = 1.6363 CAD).

In comparison, you would pay a total cost of 230.97 GBP if you wanted to use MoneyGram for the very same transaction.

This recommendation was updated a few minutes ago.

Last Updated 20 hours ago - Source XE.com
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Monito's Recommendations for Sending Money from UK 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 UK to Canada:

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Best Ways to Send Money from UK to Canada

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.

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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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