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True cost: 9.62 USD
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Sorted by amount received
True cost: 2.38 USD
True cost: 4.17 USD
True cost: 6.67 USD
True cost: 9.89 USD
True cost: 23.68 USD
True cost: 4.24 USD
True cost: 14.15 USD
True cost: 19.11 USD
True cost: 4.59 USD
True cost: 9.62 USD
True cost: 16.90 USD
True cost: 25.33 USD
True cost: 35.40 USD
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 currently compare 9 money transfer providers available for your transfer from the USA to Canada.
If the recipient of the transfer wants to receive Canadian dollars in a bank account in Canada, then the cheapest option is currently CurrencyFair, with zero transfer fees and a good USD-CAD conversion rate (their current exchange rate is 1 USD = 1.2903 CAD).
When taking the exchange rate and the fees into account, the total cost of your transfer with CurrencyFair is 2.38 USD, compared to that, the total cost of your transfer would be 25.33 USD (roughly 11x as much) if you selected to use Xoom for the very same transaction.
If the beneficiary of your transfer wants to get Canadian dollars in cash at an agent location in Canada, then the cheapest provider currently is MoneyGram, with competitive fees of 9.99 USD and a competitive USD-CAD conversion rate (their current exchange rate is 1 USD = 1.2618 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.