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Receive: 629.75 CAD
Compare 8 providers
Receive: 638.70 CAD
Receive: 636.74 CAD
Receive: 633.52 CAD
Receive: 629.39 CAD
Receive: 611.68 CAD
Receive: 636.65 CAD
Receive: 623.92 CAD
Receive: 617.55 CAD
Receive: 635.89 CAD
Receive: 629.75 CAD
Receive: 620.11 CAD
Receive: 611.58 CAD
Receive: 598.61 CAD
Receive: 598.49 CAD
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.
We found 10 different options available for sending money from the USA to Canada.
If you need the recipient to receive Canadian dollars in his bank account in Canada, then the most competitive provider at the moment is CurrencyFair, with zero transfer fees and a good USD-CAD conversion rate (currently at 1 USD = 1.2842 CAD).
Adding the fees and exchange rate margin, the total cost with CurrencyFair is 2.68 USD, in comparison you would pay a total cost of 33.99 USD (which is roughly 13x more) if you selected to use Bank of America to make the same transfer.
You prefer the money to arrive in cash? No problem, we list 2 money transfer companies able to send Canadian dollars in cash in Canada: the most competitive option currently is MoneyGram, with 9.99 USD for the transfer fees and a good USD-CAD exchange rate (their current exchange rate is 1 USD = 1.2602 CAD).
This recommendation was updated a few minutes ago.
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With fixed fees, commissions, and exchange rate margins factored into the equation, take a look at which money transfer services were cheapest on Monito's comparison engine between June 2020 and 2021 for sending money from the US to Canada for different types of transfers:
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 Canada.
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.