How to send money to Papua New Guinea from Canada with the best CAD-PGK rate

MoneyGram is the cheapest way to send money from Canada to Papua New Guinea based on the 5 companies we analyzed, giving your recipient 3,205.6 PGK from CA$1,000.

Best companies for CAD/PGK transfers

5 of 5 providers

Last updated on 28 October 2026

Based on 1,000 CAD transfer

Best companies for CAD/PGK transfers

Sort Cheapest
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Wise

Pay via Bank Transfer
Fees: $43.81 1 CAD = 3.1838 PGK +0.31% vs mid-market Recipient gets PGK 3,044.36 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Papua New Guinea with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$43.811 CAD = 3.1838 PGK
PGK 3,044.36You pay$1,000.00
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Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 3.1775 PGK +0.51% vs mid-market Recipient gets PGK 3,177.50 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Papua New Guinea with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 3.1775 PGK
PGK 3,177.50You pay$1,000.00

Run a live search

Showing top Canada to Papua New Guinea deals for 1,000 CAD. Do a live search with your exact amount for today's best rates.
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $5.99 1 CAD = 3.2056 PGK -0.37% vs mid-market Recipient gets PGK 3,205.60 6-12 Hours
Cheapest

Ways to receive money in Papua New Guinea with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 3.2056 PGK
PGK 3,205.60You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $5.99 1 CAD = 3.2056 PGK -0.37% vs mid-market Recipient gets PGK 3,205.60 6-12 Hours

Ways to receive money in Papua New Guinea with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 3.2056 PGK
PGK 3,205.60You pay$1,005.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fees: $5.99 1 CAD = 3.2056 PGK -0.37% vs mid-market Recipient gets PGK 3,205.60 6-12 Hours

Ways to receive money in Papua New Guinea with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickup6-12 Hours
$5.991 CAD = 3.2056 PGK
PGK 3,205.60You pay$1,005.99

Remitly

Pay via Debit Card
Fees: $0.00 1 CAD = 3.1775 PGK +0.51% vs mid-market Recipient gets PGK 3,177.50 Within minutes
Fastest
Receive to bank account or cash pickup

Ways to receive money in Papua New Guinea with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 CAD = 3.1775 PGK
PGK 3,177.50You pay$1,000.00

Remitly

Pay via Bank Transfer
Fees: $0.00 1 CAD = 3.1775 PGK +0.51% vs mid-market Recipient gets PGK 3,177.50 Within a week
Receive to bank account or cash pickup

Ways to receive money in Papua New Guinea with Remitly when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 3.1775 PGK
PGK 3,177.50You pay$1,000.00

Remitly

Pay via Interac
Fees: $0.00 1 CAD = 3.1775 PGK +0.51% vs mid-market Recipient gets PGK 3,177.50 Within a week
Receive to bank account or cash pickup

Ways to receive money in Papua New Guinea with Remitly when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 CAD = 3.1775 PGK
PGK 3,177.50You pay$1,000.00

Remitly

Pay via Credit Card
Fees: $20.00 1 CAD = 3.1775 PGK +0.51% vs mid-market Recipient gets PGK 3,177.50 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Papua New Guinea with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$20.001 CAD = 3.1775 PGK
PGK 3,177.50You pay$1,020.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 CAD = 3.1729 PGK +0.65% vs mid-market Recipient gets PGK 3,172.91 6-12 Hours
Receive to bank account

Ways to receive money in Papua New Guinea with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 3.1729 PGK
PGK 3,172.91You pay$1,000.00

Paysend

Pay via Debit Card
Fees: $0.00 1 CAD = 3.0529 PGK +4.51% vs mid-market Recipient gets PGK 3,052.88 6-12 Hours

Ways to receive money in Papua New Guinea with Paysend when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 3.0529 PGK
PGK 3,052.88You pay$1,000.00

Paysend

Pay via Credit Card
Fees: $0.00 1 CAD = 3.0529 PGK +4.51% vs mid-market Recipient gets PGK 3,052.88 6-12 Hours

Ways to receive money in Papua New Guinea with Paysend when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 3.0529 PGK
PGK 3,052.88You pay$1,000.00

Wise

Pay via Bank Transfer
Fees: $43.81 1 CAD = 3.1838 PGK +0.31% vs mid-market Recipient gets PGK 3,044.36 Within a week
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Papua New Guinea with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$43.811 CAD = 3.1838 PGK
PGK 3,044.36You pay$1,000.00

Wise

Pay via Interac
Fees: $49.31 1 CAD = 3.1838 PGK +0.31% vs mid-market Recipient gets PGK 3,026.84 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Papua New Guinea with Wise when paying by interac.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$49.311 CAD = 3.1838 PGK
PGK 3,026.84You pay$1,000.00

Wise

Pay via Debit Card
Fees: $54.13 1 CAD = 3.1838 PGK +0.31% vs mid-market Recipient gets PGK 3,011.50 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Papua New Guinea with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$54.131 CAD = 3.1838 PGK
PGK 3,011.50You pay$1,000.00

Wise

Pay via Credit Card
Fees: $67.97 1 CAD = 3.1838 PGK +0.31% vs mid-market Recipient gets PGK 2,967.43 Within a week
Receive to bank accountDedicated support for large transfers

Ways to receive money in Papua New Guinea with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
$67.971 CAD = 3.1838 PGK
PGK 2,967.43You pay$1,000.00
How Our Results Work
Mid-market rate: 1 CAD = 3.1937 PGK Updates every 60 minutes.

How to send money from Canada to Papua New Guinea

Pick a company

Start with the cheapest, which is MoneyGram at 3,205.6 PGK on CA$1,000.

MoneyGram was the cheapest on 10 of the 29 days it quoted CA$1,000 transfers to Papua New Guinea.

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 5 ways to pay, including debit card, credit card, bank transfer, interac, 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 Papua New Guinea?

How much CAD you send to Papua New Guinea 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 MoneyGram was the cheapest in 37% of the transfers up to C$1,000 it quoted, and in 48% of all the transfers it quoted.

Cheapest service
$100-0.35%$5.49PGK 320.56with debit card to cash pickup+PGK 20.85
$500-0.33%$5.99PGK 1,602.80with debit card to cash pickup+PGK 49.35
$1,000This page-0.37%$5.99PGK 3,205.60with debit card to cash pickup+PGK 87.34
$3,000-0.34%$5.99PGK 9,616.80with debit card to cash pickup+PGK 200.60
$10,000-0.36%$5.99PGK 32,056.00with debit card to cash pickup+PGK 432.61
$50,000-0.34%$5.99PGK 160,280.00with debit card to cash pickup+PGK 455.65

Mid-market rate: 1 CAD = 3.1937 PGK

CAD/PGK Exchange Rate History

Is today a good time to send money from Canada to Papua New Guinea?

The cheapest way to send CAD to PGK 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 MoneyGram), across 30 days of comparisons for 1,000 CAD transfers to Papua New Guinea.

PGK received for $1,000, after fees

Wed, Oct 28, 2026Mid-market ratePGK 3,193.67 MoneyGram PGK 3,205.60MoneyGramPGK 3,205.60RemitlyPGK 3,177.50OFXPGK 3,172.91

3,050
3,100
3,150
3,200
3,250
3,300
At the mid-market rateWith the cheapest optionMoneyGramRemitlyOFX
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1331 – PGK 3,133.05
Remitly Cheapest 3.2407 $0.00 PGK 3,240.70 +PGK 107.65
MoneyGram 3.1551 $5.99 PGK 3,155.10 +PGK 22.05
OFX 3.1127 $0.00 PGK 3,112.69 −PGK 20.36
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1326 – PGK 3,132.60
Remitly Cheapest 3.2417 $0.00 PGK 3,241.70 +PGK 109.10
MoneyGram 3.1481 $5.99 PGK 3,148.10 +PGK 15.50
OFX 3.1122 $0.00 PGK 3,112.24 −PGK 20.36
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1206 – PGK 3,120.61
MoneyGram Cheapest 3.1515 $5.99 PGK 3,151.50 +PGK 30.89
Remitly 3.1156 $0.00 PGK 3,115.60 −PGK 5.01
OFX 3.1003 $0.00 PGK 3,100.32 −PGK 20.28
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1293 – PGK 3,129.27
Remitly Cheapest 3.2349 $0.00 PGK 3,234.90 +PGK 105.63
MoneyGram 3.1372 $5.99 PGK 3,137.20 +PGK 7.93
OFX 3.1089 $0.00 PGK 3,108.93 −PGK 20.34
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1470 – PGK 3,147.02
Remitly Cheapest 3.2267 $0.00 PGK 3,226.70 +PGK 79.68
MoneyGram 3.1407 $5.99 PGK 3,140.70 −PGK 6.32
OFX 3.1266 $0.00 PGK 3,126.57 −PGK 20.45
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1712 – PGK 3,171.23
Remitly Cheapest 3.2267 $0.00 PGK 3,226.70 +PGK 55.47
OFX 3.1506 $0.00 PGK 3,150.62 −PGK 20.61
MoneyGram 3.1407 $5.99 PGK 3,140.70 −PGK 30.53
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1704 – PGK 3,170.38
OFX Cheapest 3.1498 $0.00 PGK 3,149.78 −PGK 20.60
MoneyGram 3.1422 $5.99 PGK 3,142.20 −PGK 28.18
Remitly 3.1089 $0.00 PGK 3,108.90 −PGK 61.48
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1659 – PGK 3,165.88
OFX Cheapest 3.1453 $0.00 PGK 3,145.30 −PGK 20.57
MoneyGram 3.1398 $5.99 PGK 3,139.80 −PGK 26.07
Remitly 3.1178 $0.00 PGK 3,117.80 −PGK 48.07
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1293 – PGK 3,129.30
Remitly Cheapest 3.2376 $0.00 PGK 3,237.60 +PGK 108.30
MoneyGram 3.1364 $5.99 PGK 3,136.40 +PGK 7.10
OFX 3.1090 $0.00 PGK 3,108.96 −PGK 20.34
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1222 – PGK 3,122.22
Remitly Cheapest 3.2277 $0.00 PGK 3,227.70 +PGK 105.48
MoneyGram 3.1465 $5.99 PGK 3,146.50 +PGK 24.28
OFX 3.1019 $0.00 PGK 3,101.92 −PGK 20.30
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1782 – PGK 3,178.19
OFX Cheapest 3.1575 $0.00 PGK 3,157.53 −PGK 20.66
MoneyGram No quote collected this day – – – –
Remitly No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1794 – PGK 3,179.39
Remitly Cheapest 3.2368 $0.00 PGK 3,236.80 +PGK 57.41
OFX 3.1587 $0.00 PGK 3,158.73 −PGK 20.66
MoneyGram 3.1475 $5.99 PGK 3,147.50 −PGK 31.89
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1794 – PGK 3,179.39
Remitly Cheapest 3.2368 $0.00 PGK 3,236.80 +PGK 57.41
OFX 3.1587 $0.00 PGK 3,158.73 −PGK 20.66
MoneyGram 3.1475 $5.99 PGK 3,147.50 −PGK 31.89
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1815 – PGK 3,181.46
OFX Cheapest 3.1608 $0.00 PGK 3,160.78 −PGK 20.68
MoneyGram 3.1475 $5.99 PGK 3,147.50 −PGK 33.96
Remitly 3.1367 $0.00 PGK 3,136.70 −PGK 44.76
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1388 – PGK 3,138.80
Remitly Cheapest 3.2349 $0.00 PGK 3,234.90 +PGK 96.10
MoneyGram 3.1406 $5.99 PGK 3,140.60 +PGK 1.80
OFX 3.1184 $0.00 PGK 3,118.40 −PGK 20.40
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1875 – PGK 3,187.47
Remitly Cheapest 3.2509 $0.00 PGK 3,250.90 +PGK 63.43
OFX 3.1667 $0.00 PGK 3,166.75 −PGK 20.72
MoneyGram 3.1427 $5.99 PGK 3,142.70 −PGK 44.77
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1265 – PGK 3,126.53
MoneyGram Cheapest 3.1529 $5.99 PGK 3,152.90 +PGK 26.37
Remitly 3.1374 $0.00 PGK 3,137.40 +PGK 10.87
OFX 3.1062 $0.00 PGK 3,106.21 −PGK 20.32
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.2026 – PGK 3,202.57
Remitly Cheapest 3.2595 $0.00 PGK 3,259.50 +PGK 56.93
OFX 3.1817 $0.00 PGK 3,181.75 −PGK 20.82
MoneyGram 3.1577 $5.99 PGK 3,157.70 −PGK 44.87
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.2120 – PGK 3,212.03
Remitly Cheapest 3.2674 $0.00 PGK 3,267.40 +PGK 55.37
OFX 3.1912 $0.00 PGK 3,191.15 −PGK 20.88
MoneyGram 3.1666 $5.99 PGK 3,166.60 −PGK 45.43
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.2120 – PGK 3,212.03
Remitly Cheapest 3.2674 $0.00 PGK 3,267.40 +PGK 55.37
OFX 3.1912 $0.00 PGK 3,191.15 −PGK 20.88
MoneyGram 3.1666 $5.99 PGK 3,166.60 −PGK 45.43
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.2318 – PGK 3,231.83
Remitly Cheapest 3.2777 $0.00 PGK 3,277.70 +PGK 45.87
OFX 3.2108 $0.00 PGK 3,210.83 −PGK 21.00
MoneyGram 3.1680 $5.99 PGK 3,168.00 −PGK 63.83
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1974 – PGK 3,197.43
MoneyGram Cheapest 3.1822 $5.99 PGK 3,182.20 −PGK 15.23
OFX 3.1766 $0.00 PGK 3,176.64 −PGK 20.79
Remitly 3.1693 $0.00 PGK 3,169.30 −PGK 28.13
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1765 – PGK 3,176.46
MoneyGram Cheapest 3.1932 $5.99 PGK 3,193.20 +PGK 16.74
Remitly 3.1743 $0.00 PGK 3,174.30 −PGK 2.16
OFX 3.1558 $0.00 PGK 3,155.82 −PGK 20.64
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1936 – PGK 3,193.62
MoneyGram Cheapest 3.1932 $5.99 PGK 3,193.20 −PGK 0.42
Remitly 3.1837 $0.00 PGK 3,183.70 −PGK 9.92
OFX 3.1729 $0.00 PGK 3,172.86 −PGK 20.76
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1934 – PGK 3,193.45
MoneyGram Cheapest 3.2026 $5.99 PGK 3,202.60 +PGK 9.15
Remitly 3.1868 $0.00 PGK 3,186.80 −PGK 6.65
OFX 3.1727 $0.00 PGK 3,172.69 −PGK 20.76
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1961 – PGK 3,196.13
MoneyGram Cheapest 3.2065 $5.99 PGK 3,206.50 +PGK 10.37
Remitly 3.1886 $0.00 PGK 3,188.60 −PGK 7.53
OFX 3.1754 $0.00 PGK 3,175.36 −PGK 20.77
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1961 – PGK 3,196.13
MoneyGram Cheapest 3.2065 $5.99 PGK 3,206.50 +PGK 10.37
Remitly 3.1886 $0.00 PGK 3,188.60 −PGK 7.53
OFX 3.1754 $0.00 PGK 3,175.36 −PGK 20.77
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1898 – PGK 3,189.77
MoneyGram Cheapest 3.2080 $5.99 PGK 3,208.00 +PGK 18.24
Remitly 3.1877 $0.00 PGK 3,187.70 −PGK 2.07
OFX 3.1690 $0.00 PGK 3,169.03 −PGK 20.73
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.2511 – PGK 3,251.10
OFX Cheapest 3.2300 $0.00 PGK 3,229.97 −PGK 21.13
MoneyGram 3.2053 $5.99 PGK 3,205.30 −PGK 45.80
Remitly 3.1877 $0.00 PGK 3,187.70 −PGK 63.40
Exchange rateFees:Recipient getsDifference
Mid-market rate 3.1937 – PGK 3,193.67
MoneyGram Cheapest 3.2056 $5.99 PGK 3,205.60 +PGK 11.93
Remitly 3.1775 $0.00 PGK 3,177.50 −PGK 16.17
OFX 3.1729 $0.00 PGK 3,172.91 −PGK 20.76

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 PGK 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 23 of the last 30 days.

Right now, MoneyGram pays 3,205.6 PGK on 1,000 CAD, which is 11.93 PGK more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 3,277.7 PGK.

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.

If you need to send money now, it's a good time to send.

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 Papua New Guinea.

We've tracked 180 comparisons to check how often today's top companies were the cheapest across 6 amounts over the past month.

  1. MoneyGramAppeared in 172 comparisons

    Cheapest in 48% of them

  2. RemitlyAppeared in 102 comparisons

    Cheapest in 54% of them

  3. OFXAppeared in 141 comparisons

    Cheapest in 10% of them

Based on 180 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 MoneyGram is the cheapest and gets you the most PGK, but it was the cheapest in only 48% of the 172 comparisons it appeared in over the past month.

Remitly (today's second cheapest) was the cheapest in 54% of its comparisons, so if you send money to Papua New Guinea regularly, it's worth comparing it with MoneyGram before each transfer.

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

Ways to send money from Canada to Papua New Guinea

There are 5 companies sending money to Papua New Guinea, 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 MoneyGram location, and your recipient picks up 3,205.6 PGK within minutes.

Our data shows MoneyGram came out cheapest among in-person options on 48% of days in the past month.

Cash transfers cost more

Cash transfer to Papua New Guinea 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.

MoneyGram charges CA$5.99 in fees and adds -0.37% markup, so your CA$1,000 delivers 3,205.6 PGK in 6-12 hours.

Over the past month, MoneyGram was the cheapest app on 48% 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 5 companies we compared, MoneyGram is the cheapest online service and currently gets you 3,205.6 PGK on a CA$1,000 transfer after a CA$5.99 fee and -0.37% markup.

In our comparisons over the past month, it was the cheapest online service on 14 of the 29 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.

Brokers like OFX charge no fees but add 0.65% on CAD/PGK interbank rate.

The markup gets lower the more you send, with an account manager handling it end to end.

Our analysis shows OFX was the cheapest broker in 60% of all the transfers it quoted.

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 PGK.

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 PGK, 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 PGK, and convert between them at low cost.

For example, converting $1,000 costs $43.81 in fees at 0.31% markup, which gets you 3,044.36 PGK.

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

Ways to fund CAD and receive PGK in Papua New Guinea

With MoneyGram, paying by debit card and receiving through cash pickup is the cheapest combination. Sending CA$1,000 gives your recipient 3,205.6 PGK.

Deposit CAD using debit card, credit card, bank transfer, interac, 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 PGK through bank deposit and cash pickup.

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

  1. 1
    debit card Cash pickup

    You pay CA$1,005.99

    K3,206

    Cheapest

  2. 2
    credit card Cash pickup

    You pay CA$1,005.99

    K3,206

    K0

  3. 3
    Cash deposit Cash pickup

    You pay CA$1,005.99

    K3,206

    K0

  4. 4
    debit card Bank deposit

    You pay CA$1,000.00

    K3,178

    -K28

  5. 5
    credit card Bank deposit

    You pay CA$1,020.00

    K3,178

    -K28

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  1. 6
    Bank transfer Bank deposit

    You pay CA$1,000.00

    K3,178

    -K28

  2. 7
    Interac Bank deposit

    You pay CA$1,000.00

    K3,178

    -K28

Consider this when sending CAD to Papua New Guinea

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/PGK transfer options

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

Best way to send money to Papua New Guinea

MoneyGram is the cheapest and easiest option, funded by debit card with cash pickup for the payout. Your recipient gets 3,205.6 PGK, which is 0.88% more than the next best option.

Fastest way to send money to Papua New Guinea

Remitly is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 3,177.5 PGK in within an hour.

Interac only works inside Canada

An Interac e-Transfer cannot go directly to a recipient in Papua New Guinea.

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 5 FINTRAC-registered companies sending CAD to Papua New Guinea, 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 180 comparisons across 6 amounts.

This page covers the cheapest and fastest options for CAD/PGK 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.