Best companies for CAD/PEN transfers
10 of 10 providers Last updated on 28 October 2026
Based on 1,000 CAD transfer Best companies for CAD/PEN transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $27.41 1 CAD = 2.4533 PEN +0.04% vs mid-market	Recipient gets PEN 2,386.08 Within a week
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Peru with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $27.411 CAD = 2.4533 PEN PEN 2,386.08You pay$1,000.00
Ad Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 2.4225 PEN +1.31% vs mid-market	Recipient gets PEN 2,422.50 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Bank depositWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00
Run a live search Showing top Canada to Peru 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 PEN rates.
Run a live search These companies offer multi-currency accounts for spending PEN. We suggest doing a live search based on how much CAD you're planning to spend in Peru.
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.
OFX Pay via Bank Transfer	Fees: $0.00 1 CAD = 2.4384 PEN +0.65% vs mid-market	Recipient gets PEN 2,438.41 6-12 Hours
7 reviews Cheapest Receive to bank account
Ways to receive money in Peru with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.4384 PEN PEN 2,438.41You pay$1,000.00
Remitbee Pay via Interac	Fees: $0.00 1 CAD = 2.4380 PEN +0.67% vs mid-market	Recipient gets PEN 2,438.00 Next Day
0 reviews
Ways to receive money in Peru with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.4380 PEN PEN 2,438.00You pay$1,000.00

Remitbee Pay via Bill payment	Fees: $0.00 1 CAD = 2.4380 PEN +0.67% vs mid-market	Recipient gets PEN 2,438.00 Next Day
0 reviews
Ways to receive money in Peru with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.4380 PEN PEN 2,438.00You pay$1,000.00
Remitbee Pay via Bank Transfer	Fees: $0.00 1 CAD = 2.4380 PEN +0.67% vs mid-market	Recipient gets PEN 2,438.00 Next Day
0 reviews
Ways to receive money in Peru with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.4380 PEN PEN 2,438.00You pay$1,000.00
Paysend Pay via Debit Card	Fees: $0.00 1 CAD = 2.4377 PEN +0.68% vs mid-market	Recipient gets PEN 2,437.66 6-12 Hours
0 reviews
Ways to receive money in Peru with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.4377 PEN PEN 2,437.66You pay$1,000.00

Paysend Pay via Credit Card	Fees: $0.00 1 CAD = 2.4377 PEN +0.68% vs mid-market	Recipient gets PEN 2,437.66 6-12 Hours
0 reviews
Ways to receive money in Peru with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.4377 PEN PEN 2,437.66You pay$1,000.00
TapTap Send Pay via Debit Card	Fees: $0.00 1 CAD = 2.4250 PEN +1.20% vs mid-market	Recipient gets PEN 2,425.00 Minutes
0 reviews Fastest Receive to bank account
Ways to receive money in Peru with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Mobile walletMinutesAvailable via:Dale, Luqea, Prexpe Free1 CAD = 2.4250 PEN PEN 2,425.00You pay$1,000.00 PLINMinutesAvailable via:Plin Free1 CAD = 2.4250 PEN PEN 2,425.00You pay$1,000.00 YapeMinutesAvailable via:Yape Free1 CAD = 2.4250 PEN PEN 2,425.00You pay$1,000.00 Bank depositMinutes $1.401 CAD = 2.4250 PEN PEN 2,425.00You pay$1,001.40 Cash pickupMinutesAvailable via:Jet Peru Cash Pickup $7.091 CAD = 2.4250 PEN PEN 2,425.00You pay$1,007.09
Remitly Pay via Bank Transfer	Fees: $0.00 1 CAD = 2.4225 PEN +1.31% vs mid-market	Recipient gets PEN 2,422.50 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Bank depositWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00

Remitly Pay via Interac	Fees: $0.00 1 CAD = 2.4225 PEN +1.31% vs mid-market	Recipient gets PEN 2,422.50 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Remitly when paying by interac. MethodFee & ratesRecipient gets Cash pickupWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Bank depositWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00 Mobile walletWithin a week Free1 CAD = 2.4225 PEN PEN 2,422.50You pay$1,000.00
Remitbee Pay via Debit Card	Fees: $8.99 1 CAD = 2.4380 PEN +0.67% vs mid-market	Recipient gets PEN 2,416.08 Next Day
0 reviews
Ways to receive money in Peru with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day $8.991 CAD = 2.4380 PEN PEN 2,416.08You pay$1,000.00
Only available via Mobile App Sendwave Pay via Debit Card	Fees: $1.99 1 CAD = 2.4194 PEN +1.44% vs mid-market	Recipient gets PEN 2,414.56 2 Days
6 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Sendwave when paying by debit card. MethodFee & ratesRecipient gets Mobile money2 Days $1.991 CAD = 2.4194 PEN PEN 2,414.56You pay$1,000.00 Bank deposit2 Days $1.991 CAD = 2.4194 PEN PEN 2,414.56You pay$1,000.00 Cash pickup2 Days $2.991 CAD = 2.3825 PEN PEN 2,375.41You pay$1,000.00
Remitly Pay via Debit Card	Fees: $0.00 1 CAD = 2.4074 PEN +1.93% vs mid-market	Recipient gets PEN 2,407.40 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Remitly when paying by debit card. MethodFee & ratesRecipient gets Cash pickupWithin minutes Free1 CAD = 2.4074 PEN PEN 2,407.40You pay$1,000.00 Bank depositWithin minutes Free1 CAD = 2.4074 PEN PEN 2,407.40You pay$1,000.00 Mobile walletWithin minutes Free1 CAD = 2.4074 PEN PEN 2,407.40You pay$1,000.00

Remitly Pay via Credit Card	Fees: $20.00 1 CAD = 2.4074 PEN +1.93% vs mid-market	Recipient gets PEN 2,407.40 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Remitly when paying by credit card. MethodFee & ratesRecipient gets Cash pickupWithin minutes $20.001 CAD = 2.4074 PEN PEN 2,407.40You pay$1,020.00 Bank depositWithin minutes $20.001 CAD = 2.4074 PEN PEN 2,407.40You pay$1,020.00 Mobile walletWithin minutes $20.001 CAD = 2.4074 PEN PEN 2,407.40You pay$1,020.00
Western Union Pay via Debit Card	Fees: $0.00 1 CAD = 2.4069 PEN +1.95% vs mid-market	Recipient gets PEN 2,406.93 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.4069 PEN PEN 2,406.93You pay$1,000.00

Western Union Pay via Bank Transfer	Fees: $0.00 1 CAD = 2.4069 PEN +1.95% vs mid-market	Recipient gets PEN 2,406.93 Next Day
8 reviews Receive to bank account or cash pickup
Ways to receive money in Peru with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.4069 PEN PEN 2,406.93You pay$1,000.00
Koho Pay via Bank Transfer	Fees: $26.26 1 CAD = 2.4516 PEN +0.11% vs mid-market	Recipient gets PEN 2,387.22 Next day
0 reviews Receive to bank account
Ways to receive money in Peru with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $26.261 CAD = 2.4516 PEN PEN 2,387.22You pay$1,000.00
Wise Pay via Bank Transfer	Fees: $27.41 1 CAD = 2.4533 PEN +0.04% vs mid-market	Recipient gets PEN 2,386.08 Within a week
25 reviews Recommended Receive to bank accountDedicated support for large transfers
Ways to receive money in Peru with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $27.411 CAD = 2.4533 PEN PEN 2,386.08You pay$1,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $5.99 1 CAD = 2.3792 PEN +3.11% vs mid-market	Recipient gets PEN 2,379.20 6-12 Hours
2 reviews
Ways to receive money in Peru with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.3792 PEN PEN 2,379.20You pay$1,005.99 Yape6-12 HoursAvailable via:YAPE $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 PLIN6-12 HoursAvailable via:PLIN $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,004.99

$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $5.99 1 CAD = 2.3792 PEN +3.11% vs mid-market	Recipient gets PEN 2,379.20 6-12 Hours
2 reviews
Ways to receive money in Peru with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.3792 PEN PEN 2,379.20You pay$1,005.99 Yape6-12 HoursAvailable via:YAPE $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 PLIN6-12 HoursAvailable via:PLIN $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,004.99
$0 fee on first online transfers MoneyGram Pay via Cash deposit	Fees: $5.99 1 CAD = 2.3792 PEN +3.11% vs mid-market	Recipient gets PEN 2,379.20 6-12 Hours
2 reviews
Ways to receive money in Peru with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.3792 PEN PEN 2,379.20You pay$1,005.99 Yape6-12 HoursAvailable via:YAPE $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 PLIN6-12 HoursAvailable via:PLIN $1.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,001.99 Bank deposit6-12 HoursAvailable via:All Banks $4.991 CAD = 2.3730 PEN PEN 2,373.00You pay$1,004.99
Wise Pay via Interac	Fees: $33.03 1 CAD = 2.4533 PEN +0.04% vs mid-market	Recipient gets PEN 2,372.30 Within a week
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Peru with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $33.031 CAD = 2.4533 PEN PEN 2,372.30You pay$1,000.00
Wise Pay via Debit Card	Fees: $38.10 1 CAD = 2.4533 PEN +0.04% vs mid-market	Recipient gets PEN 2,359.86 Within a week
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Peru with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $38.101 CAD = 2.4533 PEN PEN 2,359.86You pay$1,000.00
Wise Pay via Credit Card	Fees: $52.42 1 CAD = 2.4533 PEN +0.04% vs mid-market	Recipient gets PEN 2,324.73 Within a week
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Peru with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $52.421 CAD = 2.4533 PEN PEN 2,324.73You pay$1,000.00
How Our Results Work Mid-market rate: 1 CAD = 2.4544 PEN Updates every 60 minutes.

Why compare

CAD/PEN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to Peru

Pick a company

Start with the cheapest, which is OFX at 2,438.41 PEN on CA$1,000.

OFX was the cheapest on 5 of the 30 days it quoted CA$1,000 transfers to Peru.

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, bank transfer, credit card, interac, 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 Peru?

How much CAD you send to Peru 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 OFX was the cheapest in 10% of the transfers up to C$1,000 it quoted, and in 13% of all the transfers it quoted.


$100	-0.02%	$0.00	PEN 245.54with bank transfer to cash pickup	+PEN 11.58
$500	0.00%	$0.00	PEN 1,227.70with bank transfer to cash pickup	+PEN 25.96
$1,000This page	0.65%	$0.00	PEN 2,438.41with bank transfer to bank deposit	+PEN 32.98
$3,000	0.65%	$0.00	PEN 7,317.39with bank transfer to bank deposit	+PEN 106.05
$10,000	0.27%	$0.00	PEN 24,480.75with bank transfer to bank deposit	+PEN 359.26
$50,000	0.25%	$0.00	PEN 122,454.45with bank transfer to bank deposit	+PEN 2,158.05

Mid-market rate: 1 CAD = 2.4544 PEN

CAD/PEN Exchange Rate History

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

The cheapest way to send CAD to PEN 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 OFX), across 30 days of comparisons for 1,000 CAD transfers to Peru.

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 PEN 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 4 of the last 30 days.

Right now, OFX pays 2,438.41 PEN on 1,000 CAD, which is 15.95 PEN less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 2,454.3 PEN.

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 Peru.

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

OFXAppeared in 144 comparisons
Cheapest in 13% of them
RemitbeeAppeared in 101 comparisons
Cheapest in 55% of them
PaysendAppeared in 92 comparisons
Cheapest in 15% 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 OFX is the cheapest and gets you the most PEN, but it was the cheapest in only 13% of the 144 comparisons it appeared in over the past month.

Remitbee (today's second cheapest) was the cheapest in 55% of its comparisons, so if you send money to Peru regularly, it's worth comparing it with OFX before each transfer.

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

Ways to send money from Canada to Peru

There are 10 companies sending money to Peru, 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 2,422.5 PEN within minutes.

Our data shows Remitly came out cheapest among in-person options on 55% of days in the past month.

Cash transfers cost more

Cash transfer to Peru 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.

Remitbee charges CA$0 in fees and adds 0.67% markup, so your CA$1,000 delivers 2,438 PEN in next day.

Over the past month, Remitbee was the cheapest app on 67% 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, Remitbee is the cheapest online service and currently gets you 2,438 PEN on a CA$1,000 transfer after a CA$0 fee and 0.67% markup.

In our comparisons over the past month, it was the cheapest online service on 12 of the 18 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/PEN 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.

If you already have one

Challenger banks

Some neobanks in Canada include international transfers with no transfer fee as part of the account.

Koho sends your CA$1,000 for CA$26.26 in fees with 0.11% markup.

It's a good option for small occasional transfers, but I still suggest .

Our data shows Koho came out cheapest among challenger banks on 100% of days in the past month.

For businesses paying abroad

Global accounts

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

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

For example, converting $1,000 costs $27.41 in fees at 0.04% markup, which gets you 2,386.08 PEN.

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

Ways to fund CAD and receive PEN in Peru

With OFX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CA$1,000 gives your recipient 2,438.41 PEN.

Deposit CAD using debit card, bank transfer, credit card, interac, 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 PEN through bank deposit, cash pickup, mobile wallet, plin, yape, and mobile money.

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

1

Bank transfer Bank deposit

You pay CA$1,000.00

S/2,438

Cheapest
2

Interac Bank deposit

You pay CA$1,000.00

S/2,438

-S/0.41
3

Bill payment Bank deposit

You pay CA$1,000.00

S/2,438

-S/0.41
4

debit card Bank deposit

You pay CA$1,000.00

S/2,438

-S/0.75
5

credit card Bank deposit

You pay CA$1,000.00

S/2,438

-S/0.75

Show moreShow less

6

debit card Mobile wallet

You pay CA$1,000.00

S/2,425

-S/13
7

debit card Plin

You pay CA$1,000.00

S/2,425

-S/13
8

debit card Yape

You pay CA$1,000.00

S/2,425

-S/13
9

debit card Cash pickup

You pay CA$1,007.09

S/2,425

-S/13
10

Bank transfer Cash pickup

You pay CA$1,000.00

S/2,423

-S/16
11

Bank transfer Mobile wallet

You pay CA$1,000.00

S/2,423

-S/16
12

Interac Cash pickup

You pay CA$1,000.00

S/2,423

-S/16
13

Interac Mobile wallet

You pay CA$1,000.00

S/2,423

-S/16
14

debit card Mobile money

You pay CA$1,000.00

S/2,415

-S/24
15

credit card Cash pickup

You pay CA$1,020.00

S/2,407

-S/31
16

credit card Mobile wallet

You pay CA$1,020.00

S/2,407

-S/31
17

Cash deposit Cash pickup

You pay CA$1,005.99

S/2,379

-S/59
18

credit card Yape

You pay CA$1,001.99

S/2,373

-S/65
19

credit card Plin

You pay CA$1,001.99

S/2,373

-S/65
20

Cash deposit Yape

You pay CA$1,001.99

S/2,373

-S/65
21

Cash deposit Plin

You pay CA$1,001.99

S/2,373

-S/65
22

Cash deposit Bank deposit

You pay CA$1,004.99

S/2,373

-S/65

Consider this when sending CAD to Peru

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/PEN transfer options

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

Best way to send money to Peru

OFX is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 2,438.41 PEN, which is 0.02% more than the next best option.

Fastest way to send money to Peru

TapTap Send is fastest when you pay by debit card and choose mobile wallet for the payout. The transfer delivers 2,425 PEN in minutes.

Interac only works inside Canada

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

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 Peru, 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/PEN 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.

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Tue, Sep 29, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.3969	–	PEN 2,396.87
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	+PEN 14.53
Paysend	2.4094	$0.00	PEN 2,409.36	+PEN 12.49
OFX	2.3813	$0.00	PEN 2,381.29	−PEN 15.58

Wed, Sep 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4266	–	PEN 2,426.65
Instarem Cheapest	2.4194	$0.00	PEN 2,419.40	−PEN 7.24
Paysend	2.4115	$0.00	PEN 2,411.46	−PEN 15.18
Remitbee	2.4114	$0.00	PEN 2,411.40	−PEN 15.24
OFX	2.4109	$0.00	PEN 2,410.87	−PEN 15.78

Thu, Oct 1, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4224	–	PEN 2,422.41
Instarem Cheapest	2.4149	$0.00	PEN 2,414.90	−PEN 7.51
Remitbee	2.4114	$0.00	PEN 2,411.40	−PEN 11.01
OFX	2.4067	$0.00	PEN 2,406.67	−PEN 15.74
Paysend	2.4060	$0.00	PEN 2,405.95	−PEN 16.46

Fri, Oct 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4372	–	PEN 2,437.24
Instarem Cheapest	2.4292	$0.00	PEN 2,429.20	−PEN 8.04
Paysend	2.4221	$0.00	PEN 2,422.07	−PEN 15.17
OFX	2.4214	$0.00	PEN 2,421.39	−PEN 15.85
Remitbee	2.4114	$0.00	PEN 2,411.40	−PEN 25.84

Sat, Oct 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4196	–	PEN 2,419.56
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 8.15
OFX	2.4038	$0.00	PEN 2,403.83	−PEN 15.72
Paysend	2.3956	$0.00	PEN 2,395.62	−PEN 23.93

Sun, Oct 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4266	–	PEN 2,426.61
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 15.20
OFX	2.4108	$0.00	PEN 2,410.83	−PEN 15.78
Paysend	2.3956	$0.00	PEN 2,395.62	−PEN 30.99

Mon, Oct 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4259	–	PEN 2,425.91
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 14.51
OFX	2.4101	$0.00	PEN 2,410.14	−PEN 15.77
Paysend	2.4016	$0.00	PEN 2,401.58	−PEN 24.33

Tue, Oct 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4111	–	PEN 2,411.09
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	+PEN 0.31
Paysend	2.3960	$0.00	PEN 2,396.04	−PEN 15.05
OFX	2.3954	$0.00	PEN 2,395.42	−PEN 15.67

Wed, Oct 7, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4202	–	PEN 2,420.19
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 8.79
Paysend	2.4051	$0.00	PEN 2,405.07	−PEN 15.12
OFX	2.4045	$0.00	PEN 2,404.45	−PEN 15.74

Thu, Oct 8, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4128	–	PEN 2,412.85
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 1.45
Paysend	2.3973	$0.00	PEN 2,397.27	−PEN 15.58
OFX	2.3972	$0.00	PEN 2,397.16	−PEN 15.69

Fri, Oct 9, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4121	–	PEN 2,412.08
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	−PEN 0.68
Paysend	2.3975	$0.00	PEN 2,397.46	−PEN 14.62
OFX	2.3964	$0.00	PEN 2,396.41	−PEN 15.67

Sat, Oct 10, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4048	–	PEN 2,404.75
Remitbee Cheapest	2.4114	$0.00	PEN 2,411.40	+PEN 6.65
Paysend	2.3909	$0.00	PEN 2,390.90	−PEN 13.85
OFX	2.3891	$0.00	PEN 2,389.12	−PEN 15.63

Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4064	–	PEN 2,406.38
Paysend Cheapest	2.4023	$0.00	PEN 2,402.32	−PEN 4.06
OFX	2.3907	$0.00	PEN 2,390.74	−PEN 15.64
Remitbee No quote collected this day	–	–	–	–

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4181	–	PEN 2,418.05
Instarem Cheapest	2.4113	$0.00	PEN 2,411.30	−PEN 6.75
Paysend	2.4025	$0.00	PEN 2,402.54	−PEN 15.51
OFX	2.4023	$0.00	PEN 2,402.34	−PEN 15.71
Remitbee No quote collected this day	–	–	–	–

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4238	–	PEN 2,423.80
Instarem Cheapest	2.4150	$0.00	PEN 2,415.00	−PEN 8.80
OFX	2.4080	$0.00	PEN 2,408.04	−PEN 15.76
Paysend	2.4075	$0.00	PEN 2,407.51	−PEN 16.29
Remitbee No quote collected this day	–	–	–	–

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4201	–	PEN 2,420.12
Instarem Cheapest	2.4116	$0.00	PEN 2,411.60	−PEN 8.52
Paysend	2.4044	$0.00	PEN 2,404.43	−PEN 15.69
OFX	2.4044	$0.00	PEN 2,404.39	−PEN 15.73
Remitbee No quote collected this day	–	–	–	–

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4271	–	PEN 2,427.10
Instarem Cheapest	2.4193	$0.00	PEN 2,419.30	−PEN 7.80
Paysend	2.4121	$0.00	PEN 2,412.10	−PEN 15.00
OFX	2.4113	$0.00	PEN 2,411.33	−PEN 15.77
Remitbee No quote collected this day	–	–	–	–

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4332	–	PEN 2,433.22
OFX Cheapest	2.4174	$0.00	PEN 2,417.40	−PEN 15.82
Paysend	2.4150	$0.00	PEN 2,414.98	−PEN 18.24
Remitbee No quote collected this day	–	–	–	–

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4482	–	PEN 2,448.24
OFX Cheapest	2.4323	$0.00	PEN 2,432.32	−PEN 15.92
Paysend	2.4318	$0.00	PEN 2,431.78	−PEN 16.46
Remitbee No quote collected this day	–	–	–	–

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4491	–	PEN 2,449.07
Paysend Cheapest	2.4336	$0.00	PEN 2,433.59	−PEN 15.48
OFX	2.4332	$0.00	PEN 2,433.15	−PEN 15.92
Remitbee No quote collected this day	–	–	–	–

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4482	–	PEN 2,448.17
OFX Cheapest	2.4323	$0.00	PEN 2,432.25	−PEN 15.92
Paysend	2.4321	$0.00	PEN 2,432.13	−PEN 16.04
Remitbee No quote collected this day	–	–	–	–

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4513	–	PEN 2,451.27
Instarem Cheapest	2.4412	$0.00	PEN 2,441.20	−PEN 10.07
OFX	2.4353	$0.00	PEN 2,435.34	−PEN 15.93
Paysend	2.4331	$0.00	PEN 2,433.06	−PEN 18.21
Remitbee No quote collected this day	–	–	–	–

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4498	–	PEN 2,449.77
Paysend Cheapest	2.4349	$0.00	PEN 2,434.88	−PEN 14.89
OFX	2.4338	$0.00	PEN 2,433.85	−PEN 15.92
Remitbee No quote collected this day	–	–	–	–

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4509	–	PEN 2,450.90
Paysend Cheapest	2.4463	$0.00	PEN 2,446.28	−PEN 4.62
Remitbee	2.4380	$0.00	PEN 2,438.00	−PEN 12.90
OFX	2.4350	$0.00	PEN 2,434.97	−PEN 15.93

Mon, Oct 26, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	2.4461	–	PEN 2,446.15
Remitbee Cheapest	2.4380	$0.00	PEN 2,438.00	−PEN 8.15
Paysend	2.4304	$0.00	PEN 2,430.41	−PEN 15.74
OFX	2.4302	$0.00	PEN 2,430.25	−PEN 15.90

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