Best companies for CAD/RUB transfers
2 of 2 providers Last updated on 10 November 2026
Based on 2,800 CAD transfer Best companies for CAD/RUB transfers Sort Cheapest
Ad Remitly Pay via Bank Transfer	Fees: $4.49 1 CAD = 58.0200 RUB +0.72% vs mid-market	Recipient gets ₽162,456.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Russia with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week $4.491 CAD = 58.0200 RUB ₽162,456.00You pay$2,804.49
Run a live search Showing top Canada to Russia deals for 2,800 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 RUB rates.
Run a live search These companies offer multi-currency accounts for spending RUB. We suggest doing a live search based on how much CAD you're planning to spend in Russia.
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 = 58.0594 RUB +0.65% vs mid-market	Recipient gets ₽162,566.44 6-12 Hours
7 reviews CheapestFastestOur top pick 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 = 58.0594 RUB ₽162,566.44You pay$2,800.00
Remitly Pay via Bank Transfer	Fees: $4.49 1 CAD = 58.0200 RUB +0.72% vs mid-market	Recipient gets ₽162,456.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Russia with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a week $4.491 CAD = 58.0200 RUB ₽162,456.00You pay$2,804.49

Remitly Pay via Interac	Fees: $4.49 1 CAD = 58.0200 RUB +0.72% vs mid-market	Recipient gets ₽162,456.00 Within a week
19 reviews Receive to bank account or cash pickup
Ways to receive money in Russia with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a week $4.491 CAD = 58.0200 RUB ₽162,456.00You pay$2,804.49
Remitly Pay via Debit Card	Fees: $4.99 1 CAD = 58.0200 RUB +0.72% vs mid-market	Recipient gets ₽162,456.00 Within minutes
19 reviews Receive to bank account or cash pickup
Ways to receive money in Russia with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes $4.991 CAD = 58.0200 RUB ₽162,456.00You pay$2,804.99
Remitly Pay via Credit Card	Fees: $61.08 1 CAD = 58.0200 RUB +0.72% vs mid-market	Recipient gets ₽162,456.00 Within minutes
19 reviews Receive to bank account or cash pickup
Ways to receive money in Russia with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutes $61.081 CAD = 58.0200 RUB ₽162,456.00You pay$2,861.08
How Our Results Work Mid-market rate: 1 CAD = 58.4393 RUB Updates every 60 minutes.

Why compare

CAD/RUB exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Canada to Russia

Pick a company

Start with the cheapest, which is OFX at 162,566.44 RUB on CA$2,800.

OFX was the cheapest on 21 of the 30 days it quoted CA$2,800 transfers to Russia.

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, interac, debit card, and credit card.

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.

Our analysis shows OFX was the cheapest in 3% of the transfers up to CA$1,000 it quoted, and in 27% of all the transfers it quoted.


$100	-3.62%	$4.49	₽6,063.00with bank transfer to bank deposit	₽0.00
$500	-3.53%	$4.49	₽30,280.00with bank transfer to bank deposit	+₽248.21
$1,000	-0.96%	$4.49	₽59,000.00with bank transfer to bank deposit	+₽188.42
$2,800This page	0.65%	$0.00	₽162,566.44with bank transfer to bank deposit	+₽88.35
$3,000	0.65%	$0.00	₽174,428.73with bank transfer to bank deposit	+₽582.98
$10,000	0.27%	$0.00	₽582,774.08with bank transfer to bank deposit	+₽672.01
$50,000	0.25%	$0.00	₽2,918,287.60with bank transfer to bank deposit	+₽3,657.01

Mid-market rate: 1 CAD = 58.4393 RUB

CAD/RUB Exchange Rate History

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

The cheapest way to send CAD to RUB 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 2,800 CAD transfers to Russia.

Each line shows what the recipient gets when you send $2,800, after fees, as quoted by each company. The mid-market line shows what $2,800 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 RUB per CAD than the mid-market rate can offer.

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

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of RUB on every transfer from Canada.

Right now, OFX pays 162,566.44 RUB on 2,800 CAD, which is 1,063.59 RUB less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 166,119.25 RUB.

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 Russia.

We've tracked 210 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

OFXAppeared in 176 comparisons
Cheapest in 27% of them
RemitlyAppeared in 144 comparisons
Cheapest in 67% of them

Based on 210 comparisons across 7 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 RUB, but it was the cheapest in only 27% of the 176 comparisons it appeared in over the past month.

Remitly (today's second cheapest) was the cheapest in 67% of its comparisons, so if you send money to Russia 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 Russia

There are 2 companies sending money to Russia, 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 CA$4.49 in fees and adds 0.72% markup, so your CA$2,800 delivers 162,456 RUB in within a week.

Over the past month, Remitly was the cheapest app on 100% of the days it appeared for CA$2,800 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 2 companies we compared, Remitly is the cheapest online service and currently gets you 162,456 RUB on a CA$2,800 transfer after a CA$4.49 fee and 0.72% markup.

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

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.

Our analysis shows OFX was the cheapest broker in 67% 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 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 CA$2,800 gives your recipient 162,566.44 RUB.

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

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

Bank transfer Bank deposit

You pay CA$2,800.00

₽162,566

Cheapest
2

Interac Bank deposit

You pay CA$2,804.49

₽162,456

-₽110
3

debit card Bank deposit

You pay CA$2,804.99

₽162,456

-₽110
4

credit card Bank deposit

You pay CA$2,861.08

₽162,456

-₽110

Consider this when sending CAD to Russia

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/RUB transfer options

For a CA$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 162,566.44 RUB, which is 0.07% 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 162,566.44 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.

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.

In the past 30 days alone, we analyzed 210 comparisons across 7 amounts.

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

Send money from Canada

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Mon, Oct 12, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	59.7165	–	₽167,206.09
OFX Cheapest	59.3283	$0.00	₽166,119.25	−₽1,086.84
Remitly	58.2500	$4.49	₽163,100.00	−₽4,106.09

Tue, Oct 13, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.8076	–	₽164,661.23
OFX Cheapest	58.4253	$0.00	₽163,590.93	−₽1,070.30
Remitly	58.2600	$4.49	₽163,128.00	−₽1,533.23

Wed, Oct 14, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.9719	–	₽165,121.38
Remitly Cheapest	58.6200	$4.49	₽164,136.00	−₽985.38
OFX	58.5886	$0.00	₽164,048.10	−₽1,073.28

Thu, Oct 15, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.8288	–	₽164,720.66
OFX Cheapest	58.4464	$0.00	₽163,649.98	−₽1,070.68
Remitly	58.1100	$4.49	₽162,708.00	−₽2,012.66

Fri, Oct 16, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	59.1702	–	₽165,676.48
OFX Cheapest	58.7856	$0.00	₽164,599.58	−₽1,076.90
Remitly	58.5100	$4.49	₽163,828.00	−₽1,848.48

Sat, Oct 17, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	59.4276	–	₽166,397.34
OFX Cheapest	59.0413	$0.00	₽165,315.76	−₽1,081.58
Remitly	58.1800	$4.49	₽162,904.00	−₽3,493.34

Mon, Oct 19, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.8771	–	₽164,855.88
OFX Cheapest	58.4944	$0.00	₽163,784.32	−₽1,071.56
Remitly	58.3600	$4.49	₽163,408.00	−₽1,447.88

Tue, Oct 20, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.7818	–	₽164,589.11
OFX Cheapest	58.3997	$0.00	₽163,519.28	−₽1,069.83
Remitly	58.3300	$4.49	₽163,324.00	−₽1,265.11

Wed, Oct 21, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	59.0292	–	₽165,281.74
OFX Cheapest	58.6455	$0.00	₽164,207.41	−₽1,074.33
Remitly	58.0800	$4.49	₽162,624.00	−₽2,657.74

Thu, Oct 22, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.2897	–	₽163,211.08
OFX Cheapest	57.9108	$0.00	₽162,150.21	−₽1,060.87
Remitly	57.5300	$4.49	₽161,084.00	−₽2,127.08

Fri, Oct 23, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.4585	–	₽163,683.82
OFX Cheapest	58.0785	$0.00	₽162,619.87	−₽1,063.95
Remitly	57.4700	$4.49	₽160,916.00	−₽2,767.82

Sat, Oct 24, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.2877	–	₽163,205.51
OFX Cheapest	57.9088	$0.00	₽162,144.67	−₽1,060.84
Remitly	57.0300	$4.49	₽159,684.00	−₽3,521.51

Sun, Oct 25, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.3696	–	₽160,634.81
Remitly Cheapest	57.0300	$4.49	₽159,684.00	−₽950.81
OFX	56.9967	$0.00	₽159,590.68	−₽1,044.13

Mon, Oct 26, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.5589	–	₽161,164.87
OFX Cheapest	57.1848	$0.00	₽160,117.30	−₽1,047.57
Remitly	56.9800	$4.49	₽159,544.00	−₽1,620.87

Tue, Oct 27, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.6379	–	₽161,386.02
Remitly Cheapest	57.2700	$4.49	₽160,356.00	−₽1,030.02
OFX	57.2632	$0.00	₽160,337.01	−₽1,049.01

Wed, Oct 28, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.2500	–	₽160,299.96
OFX Cheapest	56.8779	$0.00	₽159,258.01	−₽1,041.95
Remitly	56.8300	$4.49	₽159,124.00	−₽1,175.96

Thu, Oct 29, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.5444	–	₽161,124.44
OFX Cheapest	57.1704	$0.00	₽160,077.13	−₽1,047.31
Remitly	56.6900	$4.49	₽158,732.00	−₽2,392.44

Fri, Oct 30, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.1463	–	₽162,809.53
Remitly Cheapest	57.8100	$4.49	₽161,868.00	−₽941.53
OFX	57.7683	$0.00	₽161,751.27	−₽1,058.26

Sat, Oct 31, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.5689	–	₽161,192.79
OFX Cheapest	57.1947	$0.00	₽160,145.04	−₽1,047.75
Remitly	57.1800	$4.49	₽160,104.00	−₽1,088.79

Sun, Nov 1, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.4625	–	₽160,895.00
Remitly Cheapest	57.1800	$4.49	₽160,104.00	−₽791.00
OFX	57.0890	$0.00	₽159,849.18	−₽1,045.82

Mon, Nov 2, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	57.6803	–	₽161,504.92
OFX Cheapest	57.3054	$0.00	₽160,455.13	−₽1,049.79
Remitly	57.2300	$4.49	₽160,244.00	−₽1,260.92

Tue, Nov 3, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.1651	–	₽162,862.36
Remitly Cheapest	57.8900	$4.49	₽162,092.00	−₽770.36
OFX	57.7871	$0.00	₽161,803.76	−₽1,058.60

Wed, Nov 4, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.4610	–	₽163,690.81
Remitly Cheapest	58.1800	$4.49	₽162,904.00	−₽786.81
OFX	58.0810	$0.00	₽162,626.82	−₽1,063.99

Thu, Nov 5, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.6323	–	₽164,170.45
Remitly Cheapest	58.2600	$4.49	₽163,128.00	−₽1,042.45
OFX	58.2512	$0.00	₽163,103.35	−₽1,067.10

Fri, Nov 6, 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	58.0290	–	₽162,481.22
OFX Cheapest	57.6518	$0.00	₽161,425.09	−₽1,056.13
Remitly	57.4600	$4.49	₽160,888.00	−₽1,593.22

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