Send Money to Canada From UK: Compare Money Transfer Rates

You can transfer money to Canada in a safe and affordable way using one of these companies. Compare transfer fees and options to send money online or by phone.

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What is the best way to send money to Canada?

You can complete a transfer company's online form to get a personalised quote, as they do not usually advertise their exchange rates.

You get a quote by email after you complete their form, which includes:

  • The amount you want to send

  • The exchange rate, and the amount your transfer converts into

  • The cost of any transfer fees

Get quotes from as many different transfer companies as possible to help you find the best transfer deal.

Ask each company if they offer better exchange rates if you send over a certain amount, for example, you may get a higher rate if you send over £5,000.

Here is how international money transfers work

What transfer options do you have?

Depending on the company you choose, you can transfer money to Canada in up to three different ways:

  • Online

  • Over the phone

  • In a branch

Use this comparison to find a company that offers the transfer method you prefer.

Money transfers usually take three to five working days, but some companies offer a faster service for an extra fee.

Are there any hidden costs?

Yes, most transfer companies calculate their costs into the exchange rate they offer you.

The main cost is commission, which covers the administrative costs of sending your money abroad.

Why use an international transfer?

Sending money to Canada from the UK through an international money transfer service is usually cheaper than sending money through your bank.

You could use an international money transfer for the following reasons:

  • To buy a property in Canada

  • To pay for your child's education if they study in Canada

  • To transfer your pension to a Canadian pension company

If you need to make several transfers to the same account, this comparison shows which companies offer a regular transfer facility, which could offer you cheaper rates.

Here are more reasons to use an international money transfer

Money transfer to Canada FAQs

About our money transfers to Canada comparison

Last updated: 11 October, 2021

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Why compare money transfers with money.co.uk?

Comparing money transfers could help you save money. Our award-winning money transfer comparison service makes sure you get our best exchange rate with the lowest fees. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators to help you make life's most important decisions and take control of your money.

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