Companies for transfers to Bolivia
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 100% of Canada to Bolivia searches, and was the top rated company supporting payments Canada into Boliviano.
So for a great mix of cost, speed & features, make your Canada to Bolivia transfer using Wise.
How to get the best deal on your Canada to Bolivia transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Bolivia.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations when sending from Canada to Bolivia
Comparing money transfer companies with services between Canada and Bolivia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 6 providers providing services between Canada and Bolivia. This ensures you will get the best options when sending Boliviano to Bolivia.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Bolivia will provide a specific provider that’s best for transferring money from Canada.
Cheapest way to transfer money from Canada to Bolivia: Wise
Our data shows Wise is 0.5% cheaper than the second-best option. The company offers an average fee of 0* CAD and an average exchange rate between CAD and BOB that is 0.04% different to the mid-market rate.
For a cheap way to send CAD to Bolivia, Wise is a great all round choice.
*The most common fee applied to CAD-BOB by Wise, based on data from the past six months.
Fastest way to send money from Canada to Bolivia: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Bolivia in 66.7% of searches. This makes them well suited to urgent CAD to BOB money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Bolivia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Bolivia from Canada in 66.7% of the searches on MoneyTransfers.com over the past six months.
Sending large amounts of money
Of the 6 companies compared, Wise has the strongest option for large transfers from Canada to Bolivia.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Canadian Dollar to Boliviano.
The Wise rate makes them great for large transfers between Bolivia and Canada.
Understanding the costs involved when transferring money to Bolivia from Canada
When calculating the cost of sending money from Canada to Bolivia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current CAD-BOB mid-market rate is 4.8094 BOB per Canadian Dollar. Finding a provider as close to this number as possible will ensure more Boliviano for your money.
As a comparison, the CAD-BOB mid-market rate for the past three months has averaged 5.0589 BOB per Canadian Dollar, hitting a high of 5.0797 and a low of 5.0484.
Wise is currently offering the best exchange rate on transfers between Canada and Bolivia.
Often the CAD-BOB exchange rate you receive will be the biggest factor impacting the cost of sending Canadian Dollar to Bolivia.
Fees: Transfer fees are charged on top of a transfer. Paysend currently offers lowest fees, at an average of 0 CAD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Boliviano is the biggest indicator in the total cost of sending money to Canada from Bolivia. The higher the total amount received in Bolivia, the lower the cost of sending from Canada.
How to find the best exchange rate for Canada to Bolivia
Timing is essential for sending money between CAD and BOB. The exchange rate you secure impacts how much BOB you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to BOB has seen some fluctuation. On average, it stood at 5.0589.
During this period, the highest value recorded was 5.0797, while the lowest was 5.0484.
Wise, which is our recommended service to send money online from Canada to Bolivia offers an exchange rate that is only -0.08% above the mid-market rate.
Want to secure the best CAD-Boliviano 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 Bolivia!
Payment methods for Canada to Bolivia transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Canada to Bolivia.
By opting for a money transfer company such as Wise for transfers from Canada to Bolivia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 6 we tested when sending CAD to Bolivia.
With an average fee of CAD51.69 to send money from Canada to Bolivia, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Canada to Bolivia is easy with Instarem.
Instarem is a market leader in debit card payments for transfers from Canada to Bolivia, this is among a total of 6 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Canada to Bolivia, Wise emerges as our top choice of the 6 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bolivia 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 Bolivia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to BOB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
