Overall best option: Wise
Of the 12 companies that support CAD to SAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Canada to Saudi Arabia searches, consistently scoring as one of the best ways to send CAD to SAR.
So for a great mix of cost, speed & features, send Canadian Dollars to Saudi Arabia using Wise.
How to get the best deal on your Canada to Saudi Arabia transfer
Get the most from sending money from Canada to Saudi Arabia
Comparing providers offering services between Canada and Saudi Arabia based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire CAD-SAR market and have compared 12 providers offering services between Canada and Saudi Arabia.
This ensures you will get the most comprehensive options for sending Canadian Dollar to Saudi Arabia.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Canada to Saudi Arabia transfer needs.
Cheapest way to send money to Saudi Arabia from Canada: Remitbee
Data collected over the past six months shows that Remitbee is 0.3% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to SAR international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Saudi Arabia transfer, make sure you pick Remitbee to send your money online.
*The most common fee applied to CAD-SAR by Remitbee, based on data from the past six months.
Fastest way to send money from Canada to Saudi Arabia: Paysend.
Data from the last six months shows Paysend to be the quickest way to send money from Canada to Saudi Riyal in 54.5% of searches. For fast transfers between CAD and SAR, Paysend comes highly recommended.
Using Paysend for fast transfers from Canada to Saudi Arabia has an average fee of 0 CAD.
Within our comparison we looked at the 12 money transfer providers offering transfers from Canada to Saudi Arabia. Within this we looked at overall speed of sending money from Canada to Saudi Arabia after depositing Canadian Dollar to a money transfer account.
When faster money transfers are a priority, Paysend is our recommended choice for sending into Saudi Arabia from Canada.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Saudi Arabia, it’s the provider that will keep you safe and relaxed while your money moves into SAR.
Understanding the costs involved when moving money from Canada to Saudi Arabia
The total cost of sending money to Saudi Arabia from Canada is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for CAD-SAR is 2.6788 SAR per Canadian Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Saudi Riyal for your Canadian Dollars.
The CAD-SAR mid-market rate over the last three months has seen the Canadian Dollar worth an average 2.766 SAR. Within this there has been a high of 2.7812, and a low of 2.7275.
From 12 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to SAR.
Fees: When sending money there may be additional fees. Remitbee offers the lowest fee of the 12 providers tested, averaging 0 CAD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Saudi Riyal eventually received in Saudi Arabia.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Saudi Arabia, means a better overall cost of sending money from Canada.
How to find the best exchange rate for Canada to Saudi Arabia
Timing is essential for sending money between CAD and SAR. The exchange rate you secure impacts how much SAR you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to SAR has seen some fluctuation. On average, it stood at 2.766.
During this period, the highest value recorded was 2.7812, while the lowest was 2.7275.
Wise, which is our recommended service to send money online from Canada to Saudi Arabia offers an exchange rate that is only -0.01% above the mid-market rate.
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Payment methods available to fund your Canada to Saudi Arabia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Saudi Arabia 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 Saudi Arabia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to SAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.