How to send money to Botswana from Canada
Sending money from Canada to Botswana doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
Interested to see if a multi-currency account can help with sending money abroad. Check out our guide and explore your options.
Send money from Canada to Botswana by bank
If you’d like to send money from Canada to Botswana via bank transfer, follow these steps:
Start the transfer
Let your bank know that you’d like to make a transfer from Canada to Canada. You should be able to do this online or in-branch.
Enter the recipient’s details
You’ll usually be given a form to fill out. Add your recipient's full details, including their name, bank account number, and branch code. You may also need to provide the IBAN or SWIFT code for their bank in Botswana.
Make the payment
Your bank will probably charge a fee for the transfer. If you’re making a wire transfer, your recipient might need to pay a small fee for receiving the transfer too. They may also add a markup to the Canadian Dollar to BWP exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of CAD to BWP is 10.100304.
What’s the cheapest way to send money from Canada to Botswana?
Without any money transfer providers serving the Canada to Botswana route, the cheapest options are limited.
We would recommend using:
How the cost of sending money to Botswana from Canada is calculated
The cost of sending money from Canada to Botswana depends on several things, including:
The mid-market rate
The current mid-market rate between CAD and BWP is 10.100304. The rate at the time you transfer will impact your overall cost and when sending through a bank, these are generally less competitive than using a money transfer company.
The markup and fee charged by a bank
Providers will often charge a markup on the rate, fees, or both, for transfers between Canada and Botswana. Again, these are potentially less competitive than sending through a money transfer company.
Finding the best exchange rate for CAD to BWP
The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Pulas you can get for your Canadian Dollars. The average Canadian Dollar to Pula mid-market rate over the last month was 7.2242, with a low of 7.1999 and a high of 7.2382.
How we offer the best transfer options for Canada to Botswana
Whilst there's no money transfer services available between Botswana and Canada, we still ensure we've looked across the market in full to give you the best options.
So whether it's a money transfer provider or a multi-currency account, we'll always produce unbiased, detailed reviews of all the companies operating in some form in the Canadian Dollar to Botswana route, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.
Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.
