How to send money to Guatemala from Canada with the best CAD-GTQ rate

Remitly is the cheapest way to send money from Canada to Guatemala based on the 10 companies we analyzed, giving your recipient 5,422.4 GTQ from CA$1,000.

Best companies for CAD/GTQ transfers

10 of 10 providers

Last updated on 28 October 2026

Based on 1,000 CAD transfer

Best companies for CAD/GTQ transfers

Sort Cheapest
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Wise

Pay via Bank Transfer
Fees: $46.39 1 CAD = 5.4344 GTQ +0.18% vs mid-market Recipient gets Q 5,182.32 Next week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Guatemala with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext weekAvailable via:SWIFT
$46.391 CAD = 5.4344 GTQ
Q 5,182.32You pay$1,000.00
Ad

WorldRemit

Pay via Debit Card
Fees: $3.99 1 CAD = 5.3275 GTQ +2.17% vs mid-market Recipient gets Q 5,306.20 Next Day
Receive to bank account or cash pickup

Ways to receive money in Guatemala with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupNext Day
$3.991 CAD = 5.3275 GTQ
Q 5,306.20You pay$1,000.00
Bank depositNext Day
$3.991 CAD = 5.3275 GTQ
Q 5,306.20You pay$1,000.00

Run a live search

Showing top Canada to Guatemala deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.

Remitly

Pay via Bank Transfer
Fees: $0.00 1 CAD = 5.4224 GTQ +0.41% vs mid-market Recipient gets Q 5,422.40 Within a week
Cheapest
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Remitly when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 5.4224 GTQ
Q 5,422.40You pay$1,000.00

Remitly

Pay via Interac
Fees: $0.00 1 CAD = 5.4224 GTQ +0.41% vs mid-market Recipient gets Q 5,422.40 Within a week
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Remitly when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 5.4224 GTQ
Q 5,422.40You pay$1,000.00

Instarem

Pay via Interac
Fees: $0.00 1 CAD = 5.4199 GTQ +0.45% vs mid-market Recipient gets Q 5,419.90 6-12 Hours
Receive to bank account

Ways to receive money in Guatemala with Instarem when paying by interac.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 5.4199 GTQ
Q 5,419.90You pay$1,000.00

Remitbee

Pay via Interac
Fees: $0.00 1 CAD = 5.4048 GTQ +0.73% vs mid-market Recipient gets Q 5,404.80 Next Day
0 reviews

Ways to receive money in Guatemala with Remitbee when paying by interac.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 5.4048 GTQ
Q 5,404.80You pay$1,000.00

Remitbee

Pay via Bill payment
Fees: $0.00 1 CAD = 5.4048 GTQ +0.73% vs mid-market Recipient gets Q 5,404.80 Next Day
0 reviews

Ways to receive money in Guatemala with Remitbee when paying by bill payment.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 5.4048 GTQ
Q 5,404.80You pay$1,000.00

Remitbee

Pay via Bank Transfer
Fees: $0.00 1 CAD = 5.4048 GTQ +0.73% vs mid-market Recipient gets Q 5,404.80 Next Day
0 reviews

Ways to receive money in Guatemala with Remitbee when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 5.4048 GTQ
Q 5,404.80You pay$1,000.00

Paysend

Pay via Debit Card
Fees: $0.00 1 CAD = 5.3981 GTQ +0.85% vs mid-market Recipient gets Q 5,398.11 6-12 Hours

Ways to receive money in Guatemala with Paysend when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 5.3981 GTQ
Q 5,398.11You pay$1,000.00

Paysend

Pay via Credit Card
Fees: $0.00 1 CAD = 5.3981 GTQ +0.85% vs mid-market Recipient gets Q 5,398.11 6-12 Hours

Ways to receive money in Guatemala with Paysend when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 5.3981 GTQ
Q 5,398.11You pay$1,000.00

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 5.3812 GTQ +1.17% vs mid-market Recipient gets Q 5,381.20 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 5.3812 GTQ
Q 5,381.20You pay$1,000.00

Remitly

Pay via Credit Card
Fees: $20.00 1 CAD = 5.3812 GTQ +1.17% vs mid-market Recipient gets Q 5,381.20 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$20.001 CAD = 5.3812 GTQ
Q 5,381.20You pay$1,020.00

TapTap Send

Pay via Debit Card
Fees: $0.00 1 CAD = 5.3800 GTQ +1.19% vs mid-market Recipient gets Q 5,380.00 Minutes
Fastest
Receive to bank account

Ways to receive money in Guatemala with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutesAvailable via:Banco Industrial (Solo retiro en efectivo), Banrural (Solo retiro en efectivo)
Free1 CAD = 5.3800 GTQ
Q 5,380.00You pay$1,000.00
Mobile moneyMinutesAvailable via:Tigo
Free1 CAD = 5.3800 GTQ
Q 5,380.00You pay$1,000.00
Bank depositMinutes
$1.391 CAD = 5.3800 GTQ
Q 5,380.00You pay$1,001.39

Remitbee

Pay via Debit Card
Fees: $8.99 1 CAD = 5.4048 GTQ +0.73% vs mid-market Recipient gets Q 5,356.21 Next Day
0 reviews

Ways to receive money in Guatemala with Remitbee when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
$8.991 CAD = 5.4048 GTQ
Q 5,356.21You pay$1,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $4.99 1 CAD = 5.3448 GTQ +1.85% vs mid-market Recipient gets Q 5,344.80 6-12 Hours

Ways to receive money in Guatemala with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Banrural, Banco Azteca, Banco Promerica, All Banks
$4.991 CAD = 5.3448 GTQ
Q 5,344.80You pay$1,004.99
Cash pickup6-12 Hours
$3.991 CAD = 5.3447 GTQ
Q 5,344.70You pay$1,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $4.99 1 CAD = 5.3448 GTQ +1.85% vs mid-market Recipient gets Q 5,344.80 6-12 Hours

Ways to receive money in Guatemala with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Banrural, Banco Azteca, Banco Promerica, All Banks
$4.991 CAD = 5.3448 GTQ
Q 5,344.80You pay$1,004.99
Cash pickup6-12 Hours
$3.991 CAD = 5.3447 GTQ
Q 5,344.70You pay$1,003.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fees: $4.99 1 CAD = 5.3448 GTQ +1.85% vs mid-market Recipient gets Q 5,344.80 6-12 Hours

Ways to receive money in Guatemala with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:Banrural, Banco Promerica, Banco Azteca, All Banks
$4.991 CAD = 5.3448 GTQ
Q 5,344.80You pay$1,004.99
Cash pickup6-12 Hours
$3.991 CAD = 5.3447 GTQ
Q 5,344.70You pay$1,003.99
Only available via Mobile App

Sendwave

Pay via Debit Card
Fees: $0.00 1 CAD = 5.3224 GTQ +2.27% vs mid-market Recipient gets Q 5,322.44 2 Days
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Sendwave when paying by debit card.

MethodFee & ratesRecipient gets
Card deposit2 Days
Free1 CAD = 5.3224 GTQ
Q 5,322.44You pay$1,000.00
Bank deposit2 Days
$1.991 CAD = 5.3052 GTQ
Q 5,294.60You pay$1,000.00
Cash pickup2 Days
$2.991 CAD = 5.2780 GTQ
Q 5,262.19You pay$1,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 CAD = 5.3067 GTQ +2.56% vs mid-market Recipient gets Q 5,307.00 Next Day
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 5.3067 GTQ
Q 5,307.00You pay$1,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 CAD = 5.3067 GTQ +2.56% vs mid-market Recipient gets Q 5,307.00 Next Day
Receive to bank account or cash pickup

Ways to receive money in Guatemala with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 CAD = 5.3067 GTQ
Q 5,307.00You pay$1,000.00
Only available via Mobile App

WorldRemit

Pay via Debit Card
Fees: $3.99 1 CAD = 5.3275 GTQ +2.17% vs mid-market Recipient gets Q 5,306.20 Next Day
Receive to bank account or cash pickup

Ways to receive money in Guatemala with WorldRemit when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupNext Day
$3.991 CAD = 5.3275 GTQ
Q 5,306.20You pay$1,000.00
Bank depositNext Day
$3.991 CAD = 5.3275 GTQ
Q 5,306.20You pay$1,000.00

Wise

Pay via Bank Transfer
Fees: $46.39 1 CAD = 5.4344 GTQ +0.18% vs mid-market Recipient gets Q 5,182.32 Next week
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Guatemala with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext weekAvailable via:SWIFT
$46.391 CAD = 5.4344 GTQ
Q 5,182.32You pay$1,000.00

Wise

Pay via Interac
Fees: $51.89 1 CAD = 5.4344 GTQ +0.18% vs mid-market Recipient gets Q 5,152.43 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Guatemala with Wise when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$51.891 CAD = 5.4344 GTQ
Q 5,152.43You pay$1,000.00

Wise

Pay via Debit Card
Fees: $56.66 1 CAD = 5.4344 GTQ +0.18% vs mid-market Recipient gets Q 5,126.51 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Guatemala with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$56.661 CAD = 5.4344 GTQ
Q 5,126.51You pay$1,000.00

Wise

Pay via Credit Card
Fees: $70.43 1 CAD = 5.4344 GTQ +0.18% vs mid-market Recipient gets Q 5,051.67 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Guatemala with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$70.431 CAD = 5.4344 GTQ
Q 5,051.67You pay$1,000.00
How Our Results Work
Mid-market rate: 1 CAD = 5.4444 GTQ Updates every 60 minutes.

How to send money from Canada to Guatemala

Pick a company

Start with the cheapest, which is Remitly at 5,422.4 GTQ on CA$1,000.

Remitly was the cheapest on 15 of the 30 days it quoted CA$1,000 transfers to Guatemala.

More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.

Fund your transfer

You have 6 ways to pay, including debit card, interac, bank transfer, credit card, bill payment, 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.

Verify and send

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.

Compare amounts

How much CAD are you sending to Guatemala?

How much CAD you send to Guatemala heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Remitly was the cheapest in 52% of the transfers up to C$1,000 it quoted, and in 47% of all the transfers it quoted.

Cheapest service
$1000.75%$0.00Q 540.48with interac to bank deposit+Q 33.99
$500-0.64%$0.00Q 2,740.65with bank transfer to bank deposit+Q 80.81
$1,000This page0.41%$0.00Q 5,422.40with bank transfer to bank deposit+Q 93.53
$3,0000.77%$0.00Q 16,214.40with interac to bank deposit+Q 226.17
$10,0000.27%$0.00Q 54,303.26with bank transfer to bank deposit+Q 742.35
$50,0000.25%$0.00Q 271,633.61with bank transfer to bank deposit+Q 4,144.15

Mid-market rate: 1 CAD = 5.4444 GTQ

CAD/GTQ Exchange Rate History

Is today a good time to send money from Canada to Guatemala?

The cheapest way to send CAD to GTQ can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 1,000 CAD transfers to Guatemala.

GTQ received for $1,000, after fees

Wed, Oct 28, 2026Mid-market rateQ 5,444.41 Remitly Q 5,422.40RemitlyQ 5,422.40InstaremQ 5,419.90RemitbeeQ 5,404.80

5,250
5,300
5,350
5,400
5,450
5,500
At the mid-market rateWith the cheapest optionRemitlyInstaremRemitbee
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3875 – Q 5,387.47
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 86.33
Instarem 5.3693 $0.00 Q 5,369.30 −Q 18.17
Remitly 5.3152 $0.00 Q 5,315.20 −Q 72.27
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3876 – Q 5,387.59
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 86.21
Remitly 5.3217 $0.00 Q 5,321.70 −Q 65.89
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3763 – Q 5,376.27
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 97.53
Remitly 5.2967 $0.00 Q 5,296.70 −Q 79.57
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4011 – Q 5,401.12
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 72.68
Instarem 5.3629 $0.00 Q 5,362.90 −Q 38.22
Remitly 5.3096 $0.00 Q 5,309.60 −Q 91.52
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3624 – Q 5,362.41
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 111.40
Instarem 5.3519 $0.00 Q 5,351.90 −Q 10.51
Remitly 5.2983 $0.00 Q 5,298.30 −Q 64.10
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3515 – Q 5,351.46
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 122.34
Instarem 5.3519 $0.00 Q 5,351.90 +Q 0.44
Remitly 5.2983 $0.00 Q 5,298.30 −Q 53.16
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3502 – Q 5,350.23
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 123.57
Remitly 5.2883 $0.00 Q 5,288.30 −Q 61.93
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3421 – Q 5,342.14
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 131.66
Instarem 5.3372 $0.00 Q 5,337.20 −Q 4.94
Remitly 5.2830 $0.00 Q 5,283.00 −Q 59.14
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3683 – Q 5,368.31
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 105.49
Instarem 5.3593 $0.00 Q 5,359.30 −Q 9.01
Remitly 5.3065 $0.00 Q 5,306.50 −Q 61.81
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3534 – Q 5,353.40
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 120.40
Remitly 5.2953 $0.00 Q 5,295.30 −Q 58.10
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3615 – Q 5,361.51
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 112.29
Instarem 5.3661 $0.00 Q 5,366.10 +Q 4.59
Remitly 5.3124 $0.00 Q 5,312.40 −Q 49.11
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3602 – Q 5,360.18
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 113.62
Instarem 5.3496 $0.00 Q 5,349.60 −Q 10.58
Remitly 5.2960 $0.00 Q 5,296.00 −Q 64.18
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3602 – Q 5,360.18
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 113.62
Remitly 5.2960 $0.00 Q 5,296.00 −Q 64.18
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3643 – Q 5,364.30
Remitbee Cheapest 5.4738 $0.00 Q 5,473.80 +Q 109.50
Instarem 5.3568 $0.00 Q 5,356.80 −Q 7.50
Remitly 5.3016 $0.00 Q 5,301.60 −Q 62.70
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3683 – Q 5,368.32
Instarem Cheapest 5.3478 $0.00 Q 5,347.80 −Q 20.52
Remitly 5.3471 $0.00 Q 5,347.10 −Q 21.22
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3715 – Q 5,371.49
Remitly Cheapest 5.3663 $0.00 Q 5,366.30 −Q 5.18
Instarem 5.3635 $0.00 Q 5,363.50 −Q 7.98
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3710 – Q 5,371.04
Remitly Cheapest 5.3636 $0.00 Q 5,363.60 −Q 7.43
Instarem No quote collected this day – – – –
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.3908 – Q 5,390.84
Remitly Cheapest 5.3791 $0.00 Q 5,379.10 −Q 11.74
Instarem 5.3781 $0.00 Q 5,378.10 −Q 12.74
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4049 – Q 5,404.91
Remitly Cheapest 5.3962 $0.00 Q 5,396.20 −Q 8.71
Instarem No quote collected this day – – – –
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4049 – Q 5,404.91
Remitly Cheapest 5.3962 $0.00 Q 5,396.20 −Q 8.71
Instarem 5.3942 $0.00 Q 5,394.20 −Q 10.71
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4382 – Q 5,438.19
Remitly Cheapest 5.4108 $0.00 Q 5,410.80 −Q 27.39
Instarem No quote collected this day – – – –
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4307 – Q 5,430.69
Remitly Cheapest 5.4173 $0.00 Q 5,417.30 −Q 13.39
Instarem No quote collected this day – – – –
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4258 – Q 5,425.75
Remitly Cheapest 5.4224 $0.00 Q 5,422.40 −Q 3.35
Instarem 5.4222 $0.00 Q 5,422.20 −Q 3.55
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4505 – Q 5,450.46
Remitly Cheapest 5.4370 $0.00 Q 5,437.00 −Q 13.46
Instarem 5.4357 $0.00 Q 5,435.70 −Q 14.76
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4496 – Q 5,449.57
Remitly Cheapest 5.4453 $0.00 Q 5,445.30 −Q 4.27
Instarem 5.4416 $0.00 Q 5,441.60 −Q 7.97
Remitbee No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4552 – Q 5,455.23
Remitly Cheapest 5.4484 $0.00 Q 5,448.40 −Q 6.83
Instarem 5.4463 $0.00 Q 5,446.30 −Q 8.93
Remitbee 5.4048 $0.00 Q 5,404.80 −Q 50.43
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4552 – Q 5,455.23
Remitly Cheapest 5.4484 $0.00 Q 5,448.40 −Q 6.83
Instarem 5.4463 $0.00 Q 5,446.30 −Q 8.93
Remitbee 5.4048 $0.00 Q 5,404.80 −Q 50.43
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4439 – Q 5,443.89
Remitly Cheapest 5.4445 $0.00 Q 5,444.50 +Q 0.61
Remitbee 5.4048 $0.00 Q 5,404.80 −Q 39.09
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4634 – Q 5,463.41
Remitly Cheapest 5.4393 $0.00 Q 5,439.30 −Q 24.11
Remitbee 5.4048 $0.00 Q 5,404.80 −Q 58.61
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 5.4444 – Q 5,444.41
Remitly Cheapest 5.4224 $0.00 Q 5,422.40 −Q 22.01
Instarem 5.4199 $0.00 Q 5,419.90 −Q 24.51
Remitbee 5.4048 $0.00 Q 5,404.80 −Q 39.61

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $1,000, after fees, as quoted by each company. The mid-market line shows what $1,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more GTQ per CAD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 15 of the last 30 days.

Right now, Remitly pays 5,422.4 GTQ on 1,000 CAD, which is 22.01 GTQ less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 5,473.8 GTQ.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Guatemala.

We've tracked 179 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. RemitlyAppeared in 98 comparisons

    Cheapest in 47% of them

  2. InstaremAppeared in 33 comparisons

    Cheapest in 3% of them

  3. RemitbeeAppeared in 101 comparisons

    Cheapest in 78% of them

Based on 179 comparisons across 6 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Remitly is the cheapest and gets you the most GTQ, but it was the cheapest in only 47% of the 98 comparisons it appeared in over the past month.

If it's a one-off transfer, go with Remitly, since it's the cheapest right now.

Ways to send money from Canada to Guatemala

There are 10 companies sending money to Guatemala, but how you send depends on your needs.

Most common option

In-person transfers

Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.

Bring CA$1,000 in cash to the closest Remitly location, and your recipient picks up 5,422.4 GTQ within minutes.

Our data shows Remitly came out cheapest among in-person options on 53% of days in the past month.

Cash transfers cost more

Cash transfer to Guatemala is usually the most expensive option, compare your options above to get the best deal.

For transfers home

Money transfer apps

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.

Remitly charges CA$0 in fees and adds 0.41% markup, so your CA$1,000 delivers 5,422.4 GTQ in within a week.

Over the past month, Remitly was the cheapest app on 50% of the days it appeared for CA$1,000 transfers.

You don't need a SIN to sign up either, a passport works.

For one-off transfers

Online transfers

For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.

Of the 10 companies we compared, Remitly is the cheapest online service and currently gets you 5,422.4 GTQ on a CA$1,000 transfer after a CA$0 fee and 0.41% markup.

In our comparisons over the past month, it was the cheapest online service on 15 of the 30 days it quoted.

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

Currency brokers

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

Global accounts handle the business side, paying suppliers, contractors and overseas invoices in GTQ.

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

Multi-currency accounts

If part of your life runs in GTQ, 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 GTQ, and convert between them at low cost.

For example, converting $1,000 costs $46.39 in fees at 0.18% markup, which gets you 5,182.32 GTQ.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund CAD and receive GTQ in Guatemala

With Remitly, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 5,422.4 GTQ.

Deposit CAD using debit card, interac, bank transfer, credit card, bill payment, 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 GTQ through bank deposit, cash pickup, mobile money, and card deposit.

For a bank deposit payout, you will need the recipient's bank details in Guatemala.

  1. 1
    Bank transfer Bank deposit

    You pay CA$1,000.00

    Q5,422

    Cheapest

  2. 2
    Interac Bank deposit

    You pay CA$1,000.00

    Q5,422

    Q0

  3. 3
    Bill payment Bank deposit

    You pay CA$1,000.00

    Q5,405

    -Q18

  4. 4
    debit card Bank deposit

    You pay CA$1,000.00

    Q5,398

    -Q24

  5. 5
    credit card Bank deposit

    You pay CA$1,000.00

    Q5,398

    -Q24

Show moreShow less
  1. 6
    debit card Cash pickup

    You pay CA$1,000.00

    Q5,380

    -Q42

  2. 7
    debit card Mobile money

    You pay CA$1,000.00

    Q5,380

    -Q42

  3. 8
    Cash deposit Bank deposit

    You pay CA$1,004.99

    Q5,345

    -Q78

  4. 9
    credit card Cash pickup

    You pay CA$1,003.99

    Q5,345

    -Q78

  5. 10
    Cash deposit Cash pickup

    You pay CA$1,003.99

    Q5,345

    -Q78

  6. 11
    debit card Card deposit

    You pay CA$1,000.00

    Q5,322

    -Q100

Consider this when sending CAD to Guatemala

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.

Compare CAD/GTQ transfer options

For a CA$1,000 transfer to Guatemala, these are the cheapest, fastest and easiest options available now.

Best way to send money to Guatemala

Remitly is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 5,422.4 GTQ, which is 0.05% more than the next best option.

Fastest way to send money to Guatemala

TapTap Send is fastest when you pay by debit card and choose cash pickup for the payout. The transfer delivers 5,380 GTQ in minutes.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Guatemala.

When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.

C$10,000 reporting threshold

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.

CDIC protection

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.

How we analyse the market

Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.

That covers 10 FINTRAC-registered companies sending CAD to Guatemala, updated in real time during a live search, compared on rates, fees and how your recipient can collect.

In the past 30 days alone, we analyzed 179 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/GTQ transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

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.