Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 98.7% of Canada to Dominican Republic searches, and was the top rated company out of 9 that support CAD to DOP.
So for a great mix of cost, speed & features, make your Canada to Dominican Republic transfer using Wise.
How to get the best deal on sending money from Canada to Dominican Republic
- 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 Dominican Republic.
- Choose a provider
Select the provider that offers you the best value on buying DOP & 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 for sending money from Canada to Dominican Republic
Always compare ways to send money from Canada to Dominican Republic to get the best options for fees, speed, and reliability.
Our analysis included 9 providers that operate between Canada and Dominican Republic.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Dominican Republic.
Cheapest way to send money from Canada to Dominican Republic: Remitbee
On average, Remitbee fees were 0* CAD per transfer and customers would expect an exchange rate between CAD-DOP that is 0.7% different to the mid-market rate
Against the others tested, Remitbee is 0.4% cheaper than the second-best option.
To secure a cheap way to transfer CAD to Dominican Republic, Remitbee is our recommendation.
*The most common fee applied to CAD-DOP by Remitbee, based on data from the past six months.
Fastest way to send money from Canada to Dominican Republic: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Dominican Republic in 42.7% of searches. This makes them well suited to urgent CAD to DOP money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Dominican Republic - 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 Dominican Republic from Canada in 42.7% of the searches on MoneyTransfers.com over the past six months.
Sending large sums of money?
Of the 9 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Dominican Republic from Canada can be expensive.
Wise is our choice for big transfers to CAD because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from Canada to Dominican Republic
When calculating the costs of money transfers between Canada and Dominican Republic, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CAD-DOP mid-market rate equals 43.1011 DOP per Canadian Dollar.
For reference, the CAD-DOP average mid-market rate for the past three months has been 43.5685 DOP per Canadian Dollar, with a high of 44.7002 and a low of 42.5501.
The company offering the best exchange rate is Wise.
Often the CAD-DOP exchange rate you receive is the bigger factor than how much it costs to send Canadian Dollars to Dominican Republic.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Remitbee, averaging 0 CAD over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Dominican Peso is the biggest indicator the total cost of sending money from Canada to Dominican Republic. Essentially, the more the recipient receives in Dominican Republic, the less it is costing to send from Canada.
How to find the best exchange rate for Canada to Dominican Republic
Timing is essential for sending money between CAD and DOP. The exchange rate you secure impacts how much DOP you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to DOP has seen some fluctuation. On average, it stood at 43.5685.
During this period, the highest value recorded was 44.7002, while the lowest was 42.5501.
Wise, which is our recommended service to send money online from Canada to Dominican Republic offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best CAD-Dominican Peso 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 Dominican Republic!
Canada to Dominican Republic money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from Canada to Dominican Republic.
A money transfer company like Remitbee offer bank transfers between Canada and Dominican Republic with lower fees and better exchange rates than you would get from a traditional bank.
On average, Remitbee is the cheapest provider for bank transfers of the 9 we tested when sending CAD to Dominican Republic.
Remitbee has an average fee of 0 CAD for money transfersfrom Canada to Dominican Republic. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Dominican Republic with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Dominican Republic, competing among a total of 9 active money transfer companies on this route.
Credit cards
Xe is our top choice of the 9 companies offering credit card transfers from Canada to Dominican Republic.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Dominican Republic 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 Dominican Republic.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to DOP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
