Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 95% of Canada to Spain searches, and was the top rated company out of 11 that support CAD to EUR.
So for a great mix of cost, speed & features, make your Canada to Spain transfer using Wise.
How to get the best deal on your Canada to Spain transfer
Important things to consider before sending money from Canada to Spain
Don't settle for the first option. Always compare ways to send money from Canada to Spain to find out about fees, speed, and reliability.
Our analysis included 11 providers that operate between Canada and Spain.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Spain.
Cheapest way to send money to Spain from Canada: TorFx
Data collected over the past six months shows that TorFx is 0.15% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Spain transfer, make sure you pick TorFx to send your money online.
*The most common fee applied to CAD-EUR by TorFx, based on data from the past six months.
Fastest way to send money from Canada to Spain: Wise
Our data shows that Wise came up as the fastest way to send money from Canada to Spain in 52.6% of searches. This makes them well suited to urgent CAD to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Spain - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Spain from Canada in 52.6% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Spain, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from Canada to Spain
When calculating the costs of money transfers between Canada and Spain, here's what really matters:
The Mid-Market Rate: Today, the CAD-EUR mid-market rate equals to 0.677735 EUR per Canadian Dollar.
The CAD-EUR average exchange rate for the past three months has been 0.6809 EUR per Canadian Dollar, with a high of 0.6906 and a low of 0.6652.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to EUR.
How to find the best exchange rate for Canadian Dollar to Euro
Timing is essential for sending money between CAD and EUR. The exchange rate you secure impacts how much EUR you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to EUR has seen some fluctuation. On average, it stood at 0.6809.
During this period, the highest value recorded was 0.6906, while the lowest was 0.6652.
Wise, which is our recommended service to send money online from Canada to Spain offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Spain!
Payment methods available to fund your Canada to Spain transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.