Are transfer fees fixed?
No. The currency pair, amount, payment method and receiving method can change the fee. Compare the final amount received using the same inputs.
Canada · CAD
International money transfer fees from Canada
Transfer fees, exchange-rate markups and bank charges are separate. Compare the final recipient amount.
What does it cost to send money abroad?
Transfer fees, exchange-rate markups and bank charges are separate. Compare the final recipient amount.
Interac e-Transfer, direct debit and bank funding can have different prices. A Canadian bank may have separate outward wire charges.
How to compare
| Decision | What to compare |
|---|---|
| Transfer fee | The stated fee for this amount and payment method |
| Exchange rate | The rate applied to the converted amount, including any margin |
| Bank charges | Funding, intermediary and receiving fees, if applicable |
| Final payout | The amount the recipient can actually use |
Four costs to compare
Start with the transfer fee, then the exchange rate. Check whether your funding bank and the recipient’s bank charge separately. A low advertised fee can be offset by a worse rate.
Compare the same total budget
If you can spend 1,000 CAD in total, include any fee paid on top of the amount sent. Alternatively, fix the recipient’s required amount and compare how much each provider will debit.
Choose the payment method before comparing
Bank funding and card funding can produce different prices and delivery estimates. Keep the funding method, currency pair and payout method the same across quotes, and take the quotes close together.
Frequently asked questions
When will the money arrive?
Use the delivery estimate for the actual quote and funding method. Bank processing, weekends and required checks can change the arrival time; the exchange-rate calculation alone cannot predict it.
What else should I check before sending?
Bank funding and card funding can produce different prices and delivery estimates. Keep the funding method, currency pair and payout method the same across quotes, and take the quotes close together.
Official sources
Prices and eligibility depend on the transfer amount, currency pair and funding method. Confirm the current checkout price on Wise.