Artiom Pucinskij

Best multi-currency business accounts

You can receive foreign revenue, keep it in its original currency and use it for matching expenses before converting the remainder into Canadian dollars.

Best currency brokers

These companies offer the highest receive amounts in our comparison for C$50,000 transfers from Canada.

Mobile money transfers

The transfer company takes your CAD payment, sets the exchange rate and arranges delivery through its supported bank, cash or wallet partners.

International payment gateways

Stripe’s hosted Checkout and Payment Links let you begin collecting payments before building a custom checkout through its API.

Business money transfers

The right service depends on whether you need an overseas payment, an account for foreign revenue or a workflow your whole finance team can use.

Instant money transfers

For transfers within Canada

Receiving money from abroad

An overseas sender can use Wise, Remitly or another eligible transfer company to convert money and deposit CAD into your Canadian account.

Send money to Europe

Europe, the European Union, the euro area and SEPA are not the same thing.

Sending large amounts

Before we go through your options, I think it would be more useful to give you the best options right now:

Best multi-currency accounts

There aren’t many multi-currency account options available in Canada, but here are the closest options available:

Fastest way to send money

These are the best money transfer companies I would check first for different types of urgent transfer.

Cheap money transfers online

Before we go through your options, I think it would be more useful to give you the cheapest options right now:

Best money transfer apps

I only included apps that let Canadian customers manage the full transfer from their phone.Web-only platforms, currency brokers, and ordinary bank wires are not included here.

Best money transfer companies

If you are sending Canadian dollars to someone else in Canada, an Interac e-Transfer through your bank is normally all you need.

Money transfer guides

RemitBee Review

Though the platform provides clear advantages like its money-back guarantee and a generally positive reception on customer feedback platforms, we found some limitations, too.