"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Austria searches, and was the top rated company out of 16 that support CAD to EUR.
So for a great mix of cost, speed & features, make your Canada to Austria transfer using Wise.
Getting the best deal on your Canada to Austria transfer
Important things to consider before sending money from Canada to Austria
Don't settle for the first option. Always compare ways to send money from Canada to Austria to find out about fees, speed, and reliability.
Our analysis included 16 providers that operate between Canada and Austria.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Austria.
Cheapest way to transfer money to Austria from Canada: TalkRemit
Data collected over the past six months shows that TalkRemit is 0.3% cheaper than the second-best option.
TalkRemit offers this through a combination of an average 0* CAD fee per transfer and exchange rate between CAD-EUR that is 0.02% different to the mid-market rate
If you want the cheapest way to send Canadian Dollar to Austria, TalkRemit is our recommended choice.
*The most common fee applied to CAD-EUR by TalkRemit, based on data from the past six months.
Fastest way to send money from Canada to Austria: Paysend
Our data shows that Paysend came up as the fastest way to send money from Canada to Austria in 45.5% 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 Austria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Paysend is your best choice at the moment. This service emerged as the quickest way to send money to Austria from Canada in 45.5% of the searches on MoneyTransfers.com over the past six months.
Need to make a large transfer?
Wise is the best option for large transfers of the 16 providers compared.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Austria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when moving money from Canada to Austria
When calculating the costs of money transfers between Canada and Austria, here's what really matters:
The Mid-Market Rate: Today, the CAD-EUR mid-market rate equals 0.6786 EUR per Canadian Dollar.
The CAD-EUR average exchange rate for the past three months has been 0.6692 EUR per Canadian Dollar, with a high of 0.6837 and a low of 0.6576.
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 Canada to Austria
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 0.6692.
During this period, the highest value recorded was 0.6837, while the lowest was 0.6576.
Wise, which is our recommended service to send money online from Canada to Austria offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Canada to Austria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Austria and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Austria.
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.