How to send money to Russia from Canada with the best CAD-RUB rate

OFX is the cheapest way to send money from Canada to Russia based on the 2 companies we analyzed, giving your recipient 165,389.45 RUB from $2,800.

Best companies for CAD/RUB transfers

2 of 2 providers

Last updated on 28 September 2026

Based on 2,800 CAD transfer

Best companies for CAD/RUB transfers

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Remitly

Pay via Debit Card
Fees: $4.99 1 CAD = 58.2900 RUB +1.98% vs mid-market Recipient gets ₽163,212.00 2 Days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank deposit2 Days
$4.991 CAD = 58.2900 RUB
₽163,212.00You pay$2,804.99

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Showing top Canada to Russia deals for 2,800 CAD. Do a live search with your exact amount for today's best rates.

OFX

Pay via Bank Transfer
Fees: $0.00 1 CAD = 59.0677 RUB +0.65% vs mid-market Recipient gets ₽165,389.45 6-12 Hours
CheapestFastestRecommended
Receive to bank account

Ways to receive money in Russia with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 CAD = 59.0677 RUB
₽165,389.45You pay$2,800.00

Remitly

Pay via Debit Card
Fees: $4.99 1 CAD = 58.2900 RUB +1.98% vs mid-market Recipient gets ₽163,212.00 2 Days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank deposit2 Days
$4.991 CAD = 58.2900 RUB
₽163,212.00You pay$2,804.99

Remitly

Pay via Credit Card
Fees: $61.08 1 CAD = 58.2900 RUB +1.98% vs mid-market Recipient gets ₽163,212.00 2 Days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank deposit2 Days
$61.081 CAD = 58.2900 RUB
₽163,212.00You pay$2,861.08

Remitly

Pay via Bank Transfer
Fees: $4.49 1 CAD = 58.2900 RUB +1.98% vs mid-market Recipient gets ₽163,212.00 2 Days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank deposit2 Days
$4.491 CAD = 58.2900 RUB
₽163,212.00You pay$2,804.49

Remitly

Pay via Interac
Fees: $4.49 1 CAD = 58.2900 RUB +1.98% vs mid-market Recipient gets ₽163,212.00 2 Days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank deposit2 Days
$4.491 CAD = 58.2900 RUB
₽163,212.00You pay$2,804.49
How Our Results Work
Mid-market rate: 1 CAD = 59.4541 RUB Updates every 60 minutes.

How to send money from Canada to Russia

Pick a company

Start with the cheapest, which is OFX at 165,389.45 RUB on $2,800.

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 4 ways to pay, including bank transfer, debit card, credit card, and interac.

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 Russia?

How much CAD you send to Russia 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.

Cheapest service
$1001.96%$4.99₽5,843.00with debit card to bank deposit₽0.00
$5000.65%$0.00₽29,597.57with bank transfer to bank deposit+₽298.06
$1,0000.65%$0.00₽59,060.45with bank transfer to bank deposit+₽600.36
$2,800This page0.65%$0.00₽165,389.45with bank transfer to bank deposit+₽1,741.96
$10,0000.27%$0.00₽592,769.09with bank transfer to bank deposit+₽683.53
$50,0000.25%$0.00₽2,977,094.81with bank transfer to bank deposit+₽3,730.69

Mid-market rate: 1 CAD = 59.4541 RUB

Ways to send money from Canada to Russia

There are 2 companies sending money to India, but how you send depends on your needs.

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 $4.49 in fees and adds 1.98% markup, so your $2,800 delivers 163,212 RUB in 2 days.

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 2 online companies, Remitly is the cheapest and currently gets you 163,212 RUB on a $2,800 transfer after a $4.49 fee and 1.98% markup.

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/RUB interbank rate.

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

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 RUB.

Companies like OFX, Airwallex, or WorldFirst are set up for the batch and recurring payments a personal app can't do.

Ways to fund CAD and receive RUB in Russia

With OFX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $2,800 gives your recipient 165,389.45 RUB.

Deposit CAD using bank transfer, debit card, credit card, and interac.

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 RUB through bank deposit.

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

  1. 1
    Bank transfer Bank deposit

    You pay $2,800.00

    ₽165,389

    Cheapest

  2. 2
    debit card Bank deposit

    You pay $2,804.99

    ₽163,212

    -₽2,177

  3. 3
    credit card Bank deposit

    You pay $2,861.08

    ₽163,212

    -₽2,177

  4. 4
    Interac Bank deposit

    You pay $2,804.49

    ₽163,212

    -₽2,177

Consider this when sending CAD to India

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/INR transfer options

For a $2,800 transfer to Russia, these are the cheapest, fastest and easiest options available now.

Best way to send money to Russia

OFX is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 165,389.45 RUB, which is 1.32% more than the next best option.

Fastest way to send money to Russia

OFX is fastest when you pay by bank transfer and choose bank deposit for the payout. The transfer delivers 165,389.45 RUB in 6-12 hours.

Interac only works inside Canada

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

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.

Live CAD-RUB Exchange Rate

Compare the CAD to RUB exchange rate

The rate has a direct impact on the RUB amount received. The last seven days show how today's CAD quote compares with the recent market.

Mid-market rate:1 CAD = 59.638167 RUB

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

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.