Our recommendation: Wise
We tested & reviewed 18 money transfer providers offering money transfers from Canada to Germany, and Wise scored highly.
In total, Wise appeared in 100% of Canada to Germany searches, and was the top rated company supporting transfers between CAD and EUR.
For a great mix of cost, speed & features, we recommend making your Canada to Germany transfer using Wise.
How to get the best deal on your Canada to Germany transfer
Get the most from sending money from Canada to Germany
Comparing providers offering services between Canada and Germany based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire CAD-EUR market and have compared 18 providers offering services between Canada and Germany.
This ensures you will get the most comprehensive options for sending Canadian Dollar to Germany.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Canada to Germany transfer needs.
Cheapest way to send money to Germany from Canada: Regency FX
Data collected over the past six months shows that Regency FX is 0.3% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Germany transfer, make sure you pick Regency FX to send your money online.
*The most common fee applied to CAD-EUR by Regency FX, based on data from the past six months.
Fastest company to send money to Germany from Canada: Paysend.
Through our data, Paysend was the quickest way to send money from Canada to Euro 31.3% of the time.
Sending money through Paysend to Germany from Canada has an average fee of 0 CAD.
To understand who was the fastest, we tested Paysend as part of 18 money transfer providers. Within this, we looked at the overall speed of sending money from Canada to Germany. This was made up of transfer times to Germany after Canadian Dollars were added to a money transfer account.
When fast money transfers between Canada and Germany are a priority, Paysend is our recommended choice.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Germany, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when transferring money from Canada to Germany
When calculating the costs of money transfers between Canada and Germany, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CAD-EUR mid-market rate equals 0.6732 EUR per Canadian Dollar.
For reference, the CAD-EUR average mid-market rate for the past three months has been 0.6695 EUR per Canadian Dollar, with a high of 0.6837 and a low of 0.6587.
The company offering the best exchange rate is Wise.
Often the CAD-EUR exchange rate you receive is the bigger factor than how much it costs to send Canadian Dollars to Germany.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Regency FX, 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 Euro is the biggest indicator the total cost of sending money from Canada to Germany. Essentially, the more the recipient receives in Germany, the less it is costing to send from Canada.
How to find the best exchange rate for Canada to Germany
Timing is essential for sending money between CAD and EUR. The exchange rate you secure impacts how much EUR you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to EUR has seen some fluctuation. On average, it stood at 0.6695.
During this period, the highest value recorded was 0.6837, while the lowest was 0.6587.
Wise, which is our recommended service to send money online from Canada to Germany offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Canada to Germany transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Germany 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 Germany.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.