Compare the best ways to send money from Canada to Italy

Q: How much money can be transferred from Canada to Italy?

The amount of EUR you can receive from Canada will vary depending on which provider you use. Some providers specialize in smaller transfers, while others are more suited to large transfers.You should also check if there are any government regulations around how many EUR can be received in Italy before making your transfer.

Q: Are there any tax implications to sending money from Canada to Italy?

Each country will have its own set of tax laws and rules for receiving money from abroad. Euros or Canadian Dollars sent for business purposes between could be taxed as foreign income. If you’re looking to receive a large amount of Euros from abroad, you should check how much you can receive in Italy without paying taxes. If you're not sure how the tax process works locally, contact your local tax office or speak to a tax professional.

Q: Can I send money from Canada to Italy with MoneyTransfers.com?

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers to transfer money online between Canada, Italy, and many other countries.

Q: What are the typical transfer fees for sending Canadian Dollars to Italy through various providers?

Transfer fees can vary significantly depending on your chosen provider. That's why you should compare the fees of different services to ensure you get the best deal when sending Canadian Dollars to Italy.Our data shows that the cheapest way to send money online between Canada and Italy is Dahabshiil.Over the past six months, the most common transfer fee applied by Dahabshiil for CAD to EUR transactions has been $0. This is 0% less than the second-best option available.

Q: How long does it take to send money from Canada to Italy?

The delivery time for international transfers can vary. Some services offer instant or same-day transfers, while others might take several business days. The speed may also depend on the CAD and EUR transaction volumes.According to our data, the fastest way to send money online between Canada and Italy is Paysend.Over the past six months, Paysend emerged as the fastest service in 44.4% of the searches performed by our users and staff.

Q: What is the best exchange rate I can get for sending money from Canada to Italy?

Exchange rates fluctuate frequently. To get the best rate for converting CAD to EUR, compare the rates offered by different providers against the mid-market rate. Right now, the CAD to EUR is 0.6732.

Q: Are there any minimum or maximum transfer amounts for sending money from Canada to Italy?

Providers often set minimum and maximum transfer limits. These can vary significantly, so it’s worth checking what limits apply for transfers from Canada to Italy before proceeding.

Q: Can I schedule regular transfers between Canada and Italy?

Many services allow you to set up scheduled, recurring transfers. This can be especially useful for regular financial commitments across borders.

Get the best deals when you transfer from Canada to Italy. Find the cheapest, fastest, and most reliable providers with the best CAD to EUR exchange rates.

Read on for the best deals, expert information, and all you need to send money to Italy from Canada.

Affiliate Disclosure

Overall top choice: Wise

Wise is the best way to transfer Canadian Dollar into Euro.

Of the 16 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.

Over the last six months, Wise appeared in 100% of searches for transfers between Canada and Italy.

When sending money from Canada to Italy, using Wise in a great option.

Visit Wise Read Review

How to get the best deal on your Canada to Italy transfer

Always compare rates
Money transfers to Italy should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Italy.
Choose a provider
Select the provider that offers you the best value on your Canadian Dollar & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Italy.

Summary of recent searches

Top rated for transfers from Canada to Italy

Total number of CA - IT providers

Average cheapest fees & rate

Average fastest transfer

Average transfer time

Within minutes

Best for bank transfers

Best for debit card

Best for credit card

Important things to consider before sending money from Canada to Italy

Compare providers

Don't settle for the first option. Always compare ways to send money from Canada to Italy to find out about fees, speed, and reliability.

Our analysis included 16 providers that operate between Canada and Italy.

Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Italy.

Think about the Canada to Italy exchange rate

Choose the right payment method

Keep your money safe

Consider transfer limits

How to receive money in Italy

Have your ID ready

Don't forget about taxes

Cheapest way to send money to Italy from Canada: Dahabshiil

Dahabshiil offers the cheapest combination of low fees and competitive exchange rates of the 16 providers we compared.

They offer an average fee of 0* CAD and exchange rate between CAD-EUR that is -0.2% different to the mid-market rate.

In comparison, Dahabshiil is 0% cheaper than the second-best option.

To secure affordable and great rates on a CAD to Italy transfer, Dahabshiil is our recommended choice.

*The most common fee applied to CAD-EUR by Dahabshiil, based on data from the past six months.

Visit Dahabshiil

Fastest way to send money from Canada to Italy: Paysend

Need to send money fast? Pick Paysend and get your funds from Canada to Italy at speed.

Our data shows that Paysend came up as the fastest way to send money from Canada to Italy in 44.4% of searches. This makes them well suited to urgent CAD to EUR money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Italy - 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 Italy from Canada in 44.4% of the searches on MoneyTransfers.com over the past six months.

Visit Paysend Read Review

Transferring large sums of money

For transfers of larger amounts of Euros to Italy picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the 16 money transfer companies tested, Wise is the strongest option for large transfers from Canada to Italy.

Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Canada to Italy can become expensive through your bank or with the wrong provider.

Wise is our choice for sending large sums of money to CAD because they offer a strong all-round product.

Visit Wise Read Review

Understanding the cost of sending money to Italy from Canada

The cost of sending money from Italy to Italy, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from CAD-EUR is 0.6732 EUR per Canadian Dollar.

Finding a provider offering an exchange as close to 0.6732 as possible will ensure more Euro received when transferring.
For context, the CAD-EUR mid-market rate for the past three months has averaged 0.6699 EUR per Canadian Dollar. This includes a high of 0.6837, and low of 0.6587.
Wise currently offers the best exchange rate on transfers from Canada to Italy.

For the most part the CAD-EUR exchange rate you receive is the biggest factor impacting the cost of sending CAD to Italy.

Fees: Outside of exchange rates, you may need to pay a fee to send. Dahabshiil currently offers the lowest fees on transfers to Italy from Canada, averaging 0 CAD over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Canadian Dollars to EUR, paired with a low fee, means a higher total amount received in Italy.

How to find the best exchange rate for Canada to Italy

Timing is essential for sending money between CAD and EUR. The exchange rate you secure impacts how much EUR you get for your CAD.

Mid-market Rate

= 0.673164 EUR

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 0.6699.
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 Italy offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best CAD-Euro exchange rates?

Payment methods available to fund your Canada to Italy transfer

Bank transfers
Bank transfers are often the default option for sending money from Canada to Italy.
By using a money transfer company such as Dahabshiil for transfers from Canada to Italy, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.  
On average, Dahabshiil is the cheapest provider for bank transfers from the 16 we tested when sending CAD to Italy.
With an average fee of CAD0 to send money from Canada to Italy, Dahabshiil offers a great combination of competitive exchange rates and lower fees. 
Debit and prepaid cards
Sending money from Canada to Italy 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 Italy, competing among a total of 16 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Italy, Xe emerges as our top choice of the 16 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. 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 Italy 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 Italy. 

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.