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Compare ways to send money from United States to Canada

Compare the best ways to send money from the United States to Canada. Explore the fastest, cheapest, and most reliable providers with the best USD to CAD exchange rates.

Read on for the best deals, expert information, and all you need to send money to Canada from the United States.

Transferring the other way? Send CAD from Canada to United States instead.
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Best choice: Wise

Wise is our recommended way to send US Dollar to CAD.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Wise appeared in 95.6% of the United States to Canada searches in the last 6 months, and was the top rated company out of 24 that support USD to CAD.

So for a great blend of cost, speed & features, make your the United States to Canada transfer using Wise.

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How to compare deals on your United States to Canada transfer

Summary of recent searches

Top rated for transfers from United States to Canada
Wise
Total number of US - CA providers
24
Average cheapest fees & rate
OFX
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Xe
Best for credit card
Xe

Sending money from United States to Canada considerations

1
Compare providers

A comparison of providers offering services between the United States and Canada is the easiest way to ensure the best deal.

We've compared 24 providers that offer services for sending US Dollar to Canada.

This ensures you will get the best options for your transfer to Canada from the United States.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to Canada.

2
Get the most from the US Dollar-Canadian Dollar exchange rate
3
Choose the right payment method
4
Financial regulations in United States and Canada
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Canada from the United States: Revolut

Revolut combines the lowest fees with the best exchange rate and from the 24 companies compared offers the cheapest transfers to Canada from the United States.

Data collected through our comparison over the past six months shows that Revolut is % cheaper than the second-best option.

The cost is made up of an average fee of 0* USD and an exchange rate for buying Canadian Dollar with US Dollar that is 0.09% different to the mid-market rate.

If you want to secure the best rates on a United States to Canada transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Canada.

*The most common fee applied to USD-CAD by Revolut, based on data from the past six months.

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Fastest way to send money to Canada from the United States: Paysend

We compared 24 companies and found Paysend offers the fastest money transfers between the United States and Canada.

Our comparison shows Paysend is the fastest option for sending US Dollar into Canadian Dollar 50.2% of the time. For urgent USD to CAD money transfers, they’re our recommended choice.

A USD-Canadian Dollar transfer through Paysend comes with an average 0 USD fee.

To ensure Paysend was the 'fastest' option we compared 24 providers. This comparison was for overall speed of sending money from the United States to Canada and is a combination of depositing US Dollar, transfer times to Canada and withdrawal timeframes where applicable.

When speed is a priority, Paysend is the top choice for sending into Canada from the United States.

Sending a large amount of money?

For big transfers from the United States to Canada, competitive pricing & strong customer service are essential.

Of the
24 providers compared, Wise is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from United States to Canada, it's a great provider for things like buying or selling property.

Sending business payments from the USA to Canada

Airwallex is our recommended business provider for transfers between the United States and Canada.

International businesses sending money from the USA from Canada have a need to manage currency risk, hold local currency and often make batch payments to staff or suppliers.

Airwallex, in particular, offers strong business support between the USA and Canada.

This includes exchange rates of 0.5% and support for transactions in up to 70 currencies.

For a full list of options for sending business payments from the US to Canada, we recommend carrying out a business specific search.

Understanding the costs involved when moving money from United States to Canada

The total cost of money transfers to Canada from the United States, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.

The Mid-Market and Exchange Rates: The current mid-market for USD-CAD is 1.3898 CAD per US Dollar.

  • Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your US Dollars.

  • On average for the last three months, the USD-CAD mid-market rate has been 1.367 CAD per US Dollar. This hit a high of 1.3879, and a low of 1.3427.

  • From the 24 companies compared, Wise offers the best exchange rates.

  • The biggest factor in the overall cost of sending money is the exchange rate you receive on converting USD to CAD.

Fees: Some money transfers between the United States and Canada will be subject to fees. OFX has had an average fee of 0 USD per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.

Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.

This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from the United States.

How to find the best exchange rate for US Dollar to Canadian Dollar

Timing is essential for sending money between USD and CAD. The exchange rate you secure impacts how much CAD you get for your USD.

Mid-market Rate
1
= 1.390215 CAD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from USD to CAD has seen some fluctuation. On average, it stood at 1.367.

  • During this period, the highest value recorded was 1.3879, while the lowest was 1.3427.

  • Wise, which is our recommended service to send money online from United States to Canada offers an exchange rate that is only 0.01% above the mid-market rate.

Want to secure the best USD-Canadian Dollar exchange rates?

Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United States to Canada!

United States to
Canada money transfer payment methods

  • Bank transfers

    Bank transfers are often the best payment method for money transfers from the United States to Canada.

    A money transfer company like Revolut offer bank transfers between the United States and Canada with lower fees and better exchange rates than you would get from a traditional bank. 


    On average, Revolut is the cheapest provider for bank transfers of the 24 we tested when sending USD to Canada.

    Revolut has an average fee of
    0 USD for money transfersfrom the United States to Canada. Overall, they offer a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from the United States to Canada with a debit or a prepaid card is very simple with Wise.


    Wise is a leader in debit card payments for transfers from the United States to Canada, competing among a total of 24 active money transfer companies on this route.

  • Credit cards


    Instarem is our top choice of the 24 companies offering credit card transfers from the United States to Canada.

    Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Canada and United States.


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 United States to Canada.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to CAD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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How long does it take to send money from United States to Canada?
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Are there any minimum or maximum transfer amounts for sending money from United States to Canada?
Can I schedule regular transfers between United States and Canada?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.