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How to Send Money from Chile to Canada

Get the best deals when you transfer from Chile to Canada. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

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

Keith Hodges
Author 
Keith Hodges
3 minutes
May 25th, 2023
Top Rated
8.2
Cheapest
8.2

How to send money to Canada from Chile

The best way to send CLP to CAD

Global66

The total number of Chile to Canadian Dollar providers

1

The average cheapest way to send money from Chile to Canada

Global66

Best option for debit card transfers

Best option for bank transfers

Global66

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Chile to Canada

We recommend using Wise for money transfers to Canada from Chile.

We analyzed 1 providers that allow CLP to CAD transfers. Wise emerged as the best option in 80% of searches.

What’s the cheapest way to send money from Chile to Canada?

Based on results from the last 3 months, of the 1 providers we list, the cheapest way to send money from the Chile to Canada was Global66, and the average cheapest payment method was Bank Transfer.

Global66 has averaged 0% cheaper than the next nearest provider for money transfers to Canada from Chile.

Just to make you aware, Bank Transfer was the overall cheapest payment method.

The cheapest way to send money isn't always the fastest

Be sure to pick the right option, Instarem is the most cost effective way of sending, but make sure the timeframes work for you.

How the cost of sending money to Canada from Chile is calculated

The cost of sending money from Chile to Chile depends on several things, including:

The mid-market rate

The current mid-market rate between CLP and CAD is 0.001427. The rate the time you transfer will impact your overall cost. As an example, Global66 has averaged -0.47% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Chile and Canada. This is why Instarem is listed as our cheapest option - they offer the best combination of Chilean Peso to Canadian Dollar (-200) and fees (212464.85).

Bank transfers from Chile to Canada

Bank transfers are the most common way of sending CLP to Canada as they are secure, reliable, and convenient.

If you want to send Chilean Pesos to Canada through a bank transfer, Global66 has been the top rated provider in our comparison system for the last 3 months, being recommended 100% of the time.

That’s because companies like Global66 bypass the SWIFT network by relying on their own digital network of banks, making transfers faster and cheaper. As an example, Global66's transaction fees for Chilean Pesos into Canada have averaged significantly lower than banks for the last 3 months.

Finding the best exchange rate for CLP to CAD

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Canadian Dollars you can get for your Chilean Pesos. The average Chilean Peso to Canadian Dollar mid-market rate over the last month was 0.0014, with a low of 0.0014 and a high of 0.0014.

For comparison, the best exchange rate for CLP to CAD right now is through Global66, at a difference of -200%.

How we find the best transfer deals from Chile to Canada

We’ve compared the cost, speed, and product offering of the top money transfer services (including Global66) available between Canada and Chile.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Chilean Peso to Canada, 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.

Frequently asked questions

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Contributors

Keith Hodges
Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.
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