"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."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
Best option: Wise
We tested & reviewed 9 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of Canada to Ecuador searches, and was the top rated company supporting money transfers between CAD and USD.
For a great mix of cost, speed & features, transfer from Canada to US Dollar using Wise.
Getting the best deal on your Canada to Ecuador transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from Canada to Ecuador.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Canada and Ecuador.
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Ecuador.
Summary of recent searches
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Important things to consider before sending money from Canada to Ecuador
Don't settle for the first option. Always compare ways to send money from Canada to Ecuador to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between Canada and Ecuador.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Ecuador.
Cheapest way to transfer money to Ecuador from Canada: Regency FX
Data collected over the past six months shows that Regency FX is 0.7% cheaper than the second-best option.
Regency FX offers this through a combination of an average 0* CAD fee per transfer and exchange rate between CAD-USD that is -0.17% different to the mid-market rate
If you want the cheapest way to send Canadian Dollar to Ecuador, Regency FX is our recommended choice.
*The most common fee applied to CAD-USD by Regency FX, based on data from the past six months.
Fastest way to send money from Canada to Ecuador: Paysend
Our data shows that Paysend came up as the fastest way to send money from Canada to Ecuador in 66.7% of searches. This makes them well suited to urgent CAD to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Ecuador - 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 Ecuador from Canada in 66.7% 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 9 providers compared.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Ecuador, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Canada to Ecuador
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Canada to Ecuador.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more US Dollar for your Canadian Dollar. The current CAD-USD mid-market rate is 0.7117 USD per Canadian Dollar.
This rate changes regularly so it can pay to track it. For comparison, the CAD-USD mid-market rate for the past three months has averaged 0.7284 USD per Canadian Dollar, with a low of 0.7071 and a high of 0.7435.
Wise is currently offering the best exchange rate from the 9 companies compared.
Often the CAD-USD exchange rate you pay is the biggest cost factor when transferring Canadian Dollars to Ecuador.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Canadian Dollar you’re sending to Ecuador. Regency FX currently has the lowest fees for transfers into USD at an average of 0 CAD over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in US Dollar is the biggest indicator of the total cost of sending money to Ecuador from Canada. The bigger the amount received in Ecuador, the lower the overall cost of sending from Canada.
How to find the best exchange rate for Canada to Ecuador
Timing is essential for sending money between CAD and USD. The exchange rate you secure impacts how much USD you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to USD has seen some fluctuation. On average, it stood at 0.7284.
During this period, the highest value recorded was 0.7435, while the lowest was 0.7071.
Wise, which is our recommended service to send money online from Canada to Ecuador offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best CAD-US Dollar 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 Ecuador!
Paying for your Canada to Ecuador transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Canada to Ecuador.
By using a money transfer company such as Regency FX for transfers from Canada to Ecuador, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Regency FX is the cheapest provider for bank transfers from the 9 we tested when sending CAD to Ecuador.
With an average fee of 0 CAD to send money from Canada to Ecuador, Regency FX offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Ecuador with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Canada to Ecuador.
Credit cards
For credit card transfers from Canada to Ecuador, is our top choice of the 9 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ecuador 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 Ecuador.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
