TapTap Send is the cheapest way to send money from Canada to Ethiopia based on the 6 companies we analyzed, giving your recipient 130,000 ETB from $1,000.
| 6 of 6 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze CAD/ETB exchange rates from our comparisons. | |||
| Based on 1,000 CAD transfer Best companies for CAD/ETB transfersAll money transfer offers for CAD/ETB transfers, sorted by most ETB received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Ad  Wise Pay via Bank Transfer | Fees: $25.29 1 CAD = 116.6210 ETB +0.06% vs mid-market | Recipient gets ETB 113,671.65 Next week | |
Ways to receive money in Ethiopia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext weekAvailable via:SWIFT $25.291 CAD = 116.6210 ETB ETB 113,671.65You pay$1,000.00 | |||
| Ad  MoneyGram Pay via Debit Card | Fees: $1.99 1 CAD = 111.0987 ETB +4.91% vs mid-market | Recipient gets ETB 111,098.70 6-12 Hours | |
Ways to receive money in Ethiopia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Select Wallets $1.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,001.99 Bank deposit6-12 HoursAvailable via:Select Banks $4.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,004.99 | |||
Run a live search Showing top Canada to Ethiopia deals for 1,000 CAD. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live CAD to ETB rates. | |||
Run a live search These companies offer multi-currency accounts for spending ETB. We suggest doing a live search based on how much CAD you're planning to spend in Ethiopia. | |||
Run a live search These are managed services with real human support for large CAD transfers. Click the link and update the transfer amount to get the best deal. | |||
 TapTap Send Pay via Debit Card | Fees: $0.00 1 CAD = 130.0000 ETB -10.79% vs mid-market | Recipient gets ETB 130,000.00 Minutes | |
Ways to receive money in Ethiopia with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 CAD = 130.0000 ETB ETB 130,000.00You pay$1,000.00 Mobile moneyMinutesAvailable via:Amole, HelloCash, M-PESA, TeleBirr Free1 CAD = 130.0000 ETB ETB 130,000.00You pay$1,000.00 | |||
 Remitly Pay via Debit Card | Fees: $0.00 1 CAD = 126.5000 ETB -8.07% vs mid-market | Recipient gets ETB 126,500.00 2 Days | |
Ways to receive money in Ethiopia with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 126.5000 ETB ETB 126,500.00You pay$1,000.00 | |||
| Remitly Pay via Credit Card | Fees: $20.00 1 CAD = 126.5000 ETB -8.07% vs mid-market | Recipient gets ETB 126,500.00 2 Days | |
Ways to receive money in Ethiopia with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank deposit2 Days $20.001 CAD = 126.5000 ETB ETB 126,500.00You pay$1,020.00 | |||
| Remitly Pay via Bank Transfer | Fees: $0.00 1 CAD = 126.5000 ETB -8.07% vs mid-market | Recipient gets ETB 126,500.00 2 Days | |
Ways to receive money in Ethiopia with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 126.5000 ETB ETB 126,500.00You pay$1,000.00 | |||
| Remitly Pay via Interac | Fees: $0.00 1 CAD = 126.5000 ETB -8.07% vs mid-market | Recipient gets ETB 126,500.00 2 Days | |
Ways to receive money in Ethiopia with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 126.5000 ETB ETB 126,500.00You pay$1,000.00 | |||
 Ria Money Transfer Pay via Mobile wallet | Fees: $0.00 1 CAD = 124.7000 ETB -6.64% vs mid-market | Recipient gets ETB 124,700.00 6-12 Hours | |
Ways to receive money in Ethiopia with Ria Money Transfer when paying by mobile wallet. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 124.7000 ETB ETB 124,700.00You pay$1,000.00 Mobile wallet6-12 Hours Free1 CAD = 112.2100 ETB ETB 112,210.00You pay$1,000.00 Cash pickup6-12 Hours Free1 CAD = 112.2100 ETB ETB 112,210.00You pay$1,000.00 | |||
 Paysend Pay via Debit Card | Fees: $0.00 1 CAD = 116.0805 ETB +0.52% vs mid-market | Recipient gets ETB 116,080.51 6-12 Hours | |
Ways to receive money in Ethiopia with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 116.0805 ETB ETB 116,080.51You pay$1,000.00 | |||
| Paysend Pay via Credit Card | Fees: $0.00 1 CAD = 116.0805 ETB +0.52% vs mid-market | Recipient gets ETB 116,080.51 6-12 Hours | |
Ways to receive money in Ethiopia with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 116.0805 ETB ETB 116,080.51You pay$1,000.00 | |||
| Wise Pay via Bank Transfer | Fees: $25.29 1 CAD = 116.6210 ETB +0.06% vs mid-market | Recipient gets ETB 113,671.65 Next week | |
Ways to receive money in Ethiopia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext weekAvailable via:SWIFT $25.291 CAD = 116.6210 ETB ETB 113,671.65You pay$1,000.00 | |||
| Wise Pay via Interac | Fees: $30.93 1 CAD = 116.6210 ETB +0.06% vs mid-market | Recipient gets ETB 113,013.91 Within a week | |
Ways to receive money in Ethiopia with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $30.931 CAD = 116.6210 ETB ETB 113,013.91You pay$1,000.00 | |||
| Wise Pay via Debit Card | Fees: $36.03 1 CAD = 116.6210 ETB +0.06% vs mid-market | Recipient gets ETB 112,419.15 Within a week | |
Ways to receive money in Ethiopia with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $36.031 CAD = 116.6210 ETB ETB 112,419.15You pay$1,000.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit Card | Fees: $1.99 1 CAD = 111.0987 ETB +4.91% vs mid-market | Recipient gets ETB 111,098.70 6-12 Hours | |
Ways to receive money in Ethiopia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Select Wallets $1.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,001.99 Bank deposit6-12 HoursAvailable via:Select Banks $4.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit Card | Fees: $1.99 1 CAD = 111.0987 ETB +4.91% vs mid-market | Recipient gets ETB 111,098.70 6-12 Hours | |
Ways to receive money in Ethiopia with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Select Wallets $1.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,001.99 Bank deposit6-12 HoursAvailable via:Select Banks $4.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Cash deposit | Fees: $1.99 1 CAD = 111.0987 ETB +4.91% vs mid-market | Recipient gets ETB 111,098.70 6-12 Hours | |
Ways to receive money in Ethiopia with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Mobile wallet6-12 HoursAvailable via:Select Wallets $1.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,001.99 Bank deposit6-12 HoursAvailable via:Select Banks $4.991 CAD = 111.0987 ETB ETB 111,098.70You pay$1,004.99 | |||
| Wise Pay via Credit Card | Fees: $50.39 1 CAD = 116.6210 ETB +0.06% vs mid-market | Recipient gets ETB 110,744.47 Within a week | |
Ways to receive money in Ethiopia with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $50.391 CAD = 116.6210 ETB ETB 110,744.47You pay$1,000.00 | |||
| Ria Money Transfer Pay via Debit Card | Fees: $300.00 1 CAD = 124.7000 ETB -6.64% vs mid-market | Recipient gets ETB 87,290.00 6-12 Hours | |
Ways to receive money in Ethiopia with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $300.001 CAD = 124.7000 ETB ETB 87,290.00You pay$1,000.00 Mobile wallet6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 Cash pickup6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 | |||
| Ria Money Transfer Pay via Credit Card | Fees: $300.00 1 CAD = 124.7000 ETB -6.64% vs mid-market | Recipient gets ETB 87,290.00 6-12 Hours | |
Ways to receive money in Ethiopia with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $300.001 CAD = 124.7000 ETB ETB 87,290.00You pay$1,000.00 Mobile wallet6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 Cash pickup6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 | |||
| Ria Money Transfer Pay via Bank Transfer | Fees: $300.00 1 CAD = 124.7000 ETB -6.64% vs mid-market | Recipient gets ETB 87,290.00 6-12 Hours | |
Ways to receive money in Ethiopia with Ria Money Transfer when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $300.001 CAD = 124.7000 ETB ETB 87,290.00You pay$1,000.00 Mobile wallet6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 Cash pickup6-12 Hours $300.001 CAD = 112.2100 ETB ETB 78,547.00You pay$1,000.00 | |||
| How Our Results Work Mid-market rate: 1 CAD = 116.685323 ETB Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is TapTap Send at 130,000 ETB on $1,000.
More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.
You have 6 ways to pay, including debit card, credit card, bank transfer, interac, mobile wallet, and cash deposit.
Interac e-Transfer is how most companies take your money, moving it into their Canadian account so they can carry it over the border.
First time round you'll need a photo ID, and often where the money came from.
Your first transfer will be slower than the ones after it because of those checks, so send it a few days before it's needed.
There are 6 companies sending money to India, but how you send depends on your needs.
For transfers home
An app does the same job as the store for less, and you top it up with an Interac e-Transfer, the same way you'd send money to a friend.
TapTap Send charges $0 in fees and adds -10.79% markup, so your $1,000 delivers 130,000 ETB in minutes.
You don't need a SIN to sign up either, a passport works.
For one-off transfers
For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.
Of 6 online companies, Remitly is the cheapest and currently gets you 126,500 ETB on a $1,000 transfer after a $0 fee and -8.07% markup.
Funding by bank transfer (EFT) is cheapest but takes 1-2 days to clear, and Interac e-Transfer or debit card is faster but pricier.
For large transfers from Canada
For property, tuition, moving from Canada, or an inheritance, a broker is the best and usually the cheapest option.
For large transfers (CA$15,000+), brokers like Currencies Direct or RegencyFX charge no fee, but add a margin that gets lower the more you send. Run a live search with your real amount to see it.
If you're sending large amounts. expect more questions about the transfers, so have statements and documents ready to avoid delays.
For businesses paying abroad
Global accounts handle the business side, paying suppliers, contractors and overseas invoices in ETB.
Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.
For spending abroad and getting paid
If part of your life runs in ETB, be it spending it, saving it, or waiting for a better rate, a multi-currency account can hold it alongside your CAD.
Wise lets you hold CAD and ETB, and convert between them at low cost.
For example, converting $1,000 costs $25.29 in fees at 0.06% markup, which gets you 113,671.65 ETB.
With TapTap Send, paying by debit card and receiving through bank deposit is the cheapest combination. Sending $1,000 gives your recipient 130,000 ETB.
Deposit CAD using debit card, credit card, bank transfer, interac, mobile wallet, and cash deposit.
I suggest using Interac e-Transfer for simplicity
Follow the company's Interac instructions and check the business name before sending.
Do not send to an email address supplied outside the company's app or website.
The recipient can receive ETB through bank deposit, mobile wallet, mobile money, and cash pickup.
For a bank deposit payout, you will need the recipient's bank details in Ethiopia.
You pay $1,000.00
Br130,000
Cheapest
You pay $1,000.00
Br130,000
Br0
You pay $1,020.00
Br126,500
-Br3,500
You pay $1,000.00
Br126,500
-Br3,500
You pay $1,000.00
Br126,500
-Br3,500
You pay $1,000.00
Br124,700
-Br5,300
You pay $1,000.00
Br112,210
-Br17,790
You pay $1,000.00
Br112,210
-Br17,790
You pay $1,001.99
Br111,099
-Br18,901
You pay $1,001.99
Br111,099
-Br18,901
You pay $1,001.99
Br111,099
-Br18,901
You pay $1,004.99
Br111,099
-Br18,901
You pay $1,000.00
Br78,547
-Br51,453
You pay $1,000.00
Br78,547
-Br51,453
You pay $1,000.00
Br78,547
-Br51,453
You pay $1,000.00
Br78,547
-Br51,453
Interac can fund an international transfer, but it does not send money abroad by itself. You should also know what happens when a transfer reaches the FINTRAC reporting threshold.
For a $1,000 transfer to Ethiopia, these are the cheapest, fastest and easiest options available now.
Best way to send money to Ethiopia
TapTap Send is the cheapest and easiest option, funded by debit card with bank deposit for the payout. Your recipient gets 130,000 ETB, which is 2.69% more than the next best option.
Fastest way to send money to Ethiopia
TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 130,000 ETB in minutes.
An Interac e-Transfer cannot go directly to a recipient in Ethiopia.
When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.
There is no C$10,000 legal cap on electronic transfers from Canada.
A reporting entity must report an international electronic funds transfer of C$10,000 or more to FINTRAC, including linked transfers that meet the 24-hour rule.
The bank or transfer company makes that report, you do not file it yourself.
But you may be asked for proof of where the money came from.
Sending your own cash or making a genuine cash gift does not create a Canadian gift tax simply because the money goes abroad.
Tax can become relevant when you transfer an appreciated asset rather than cash, or when attribution rules apply.
Money held with a payment company is not covered by CDIC in the same way as an eligible bank deposit.
Payment companies covered by the Retail Payment Activities Act must safeguard end-user funds, but the Bank of Canada does not resolve individual fee or payment disputes.
If you’re unsure about the company, you can check the company in the FINTRAC MSB Registry.
If you live in Quebec, also confirm that it is allowed to provide money services there.
The rate has a direct impact on the ETB amount received. The last seven days show how today's CAD quote compares with the recent market.
Mid-market rate:1 CAD = 116.612539 ETB
Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.
That covers 6 FINTRAC-registered companies sending CAD to Ethiopia, updated in real time during a live search, compared on rates, fees and how your recipient can collect.
Each goes through our review. More on who we are, why you can trust us and getting started.
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
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