OFX is the cheapest way to send money from Canada to Saudi Arabia based on the 7 companies we analyzed, giving your recipient 2,743.65 SAR from $1,000.
| 8 of 8 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze CAD/SAR exchange rates from our comparisons. | |||
| Based on 1,000 CAD transfer Best companies for CAD/SAR transfersAll money transfer offers for CAD/SAR transfers, sorted by most SAR received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Ad  Wise Pay via Bank Transfer | Fees: $22.68 1 CAD = 2.7226 SAR +1.42% vs mid-market | Recipient gets SAR 2,660.84 Within a week | |
Ways to receive money in Saudi Arabia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $22.681 CAD = 2.7226 SAR SAR 2,660.84You pay$1,000.00 | |||
| Ad  MoneyGram Pay via Debit Card | Fees: $5.99 1 CAD = 2.5122 SAR +9.46% vs mid-market | Recipient gets SAR 2,512.20 6-12 Hours | |
Ways to receive money in Saudi Arabia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.5122 SAR SAR 2,512.20You pay$1,005.99 | |||
Run a live search Showing top Canada to Saudi Arabia 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 SAR rates. | |||
Run a live search These companies offer multi-currency accounts for spending SAR. We suggest doing a live search based on how much CAD you're planning to spend in Saudi Arabia. | |||
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 = 2.7436 SAR +0.65% vs mid-market | Recipient gets SAR 2,743.65 6-12 Hours | |
Ways to receive money in Saudi Arabia with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.7436 SAR SAR 2,743.65You pay$1,000.00 | |||
 Paysend Pay via Debit Card | Fees: $0.00 1 CAD = 2.7169 SAR +1.63% vs mid-market | Recipient gets SAR 2,716.89 6-12 Hours | |
Ways to receive money in Saudi Arabia with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.7169 SAR SAR 2,716.89You pay$1,000.00 | |||
| Paysend Pay via Credit Card | Fees: $0.00 1 CAD = 2.7169 SAR +1.63% vs mid-market | Recipient gets SAR 2,716.89 6-12 Hours | |
Ways to receive money in Saudi Arabia with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.7169 SAR SAR 2,716.89You pay$1,000.00 | |||
 Remitly Pay via Debit Card | Fees: $0.00 1 CAD = 2.6900 SAR +2.63% vs mid-market | Recipient gets SAR 2,690.00 2 Days | |
Ways to receive money in Saudi Arabia with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 2.6900 SAR SAR 2,690.00You pay$1,000.00 | |||
| Remitly Pay via Credit Card | Fees: $20.00 1 CAD = 2.6900 SAR +2.63% vs mid-market | Recipient gets SAR 2,690.00 2 Days | |
Ways to receive money in Saudi Arabia with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank deposit2 Days $20.001 CAD = 2.6900 SAR SAR 2,690.00You pay$1,020.00 | |||
| Remitly Pay via Bank Transfer | Fees: $0.00 1 CAD = 2.6900 SAR +2.63% vs mid-market | Recipient gets SAR 2,690.00 2 Days | |
Ways to receive money in Saudi Arabia with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 2.6900 SAR SAR 2,690.00You pay$1,000.00 | |||
| Remitly Pay via Interac | Fees: $0.00 1 CAD = 2.6900 SAR +2.63% vs mid-market | Recipient gets SAR 2,690.00 2 Days | |
Ways to receive money in Saudi Arabia with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 2.6900 SAR SAR 2,690.00You pay$1,000.00 | |||
| Wise Pay via Bank Transfer | Fees: $22.68 1 CAD = 2.7226 SAR +1.42% vs mid-market | Recipient gets SAR 2,660.84 Within a week | |
Ways to receive money in Saudi Arabia with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $22.681 CAD = 2.7226 SAR SAR 2,660.84You pay$1,000.00 | |||
| Wise Pay via Interac | Fees: $28.35 1 CAD = 2.7226 SAR +1.42% vs mid-market | Recipient gets SAR 2,645.40 Within a week | |
Ways to receive money in Saudi Arabia with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $28.351 CAD = 2.7226 SAR SAR 2,645.40You pay$1,000.00 | |||
| Wise Pay via Debit Card | Fees: $33.48 1 CAD = 2.7226 SAR +1.42% vs mid-market | Recipient gets SAR 2,631.44 Within a week | |
Ways to receive money in Saudi Arabia with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $33.481 CAD = 2.7226 SAR SAR 2,631.44You pay$1,000.00 | |||
 Ria Money Transfer Pay via Mobile wallet | Fees: $0.00 1 CAD = 2.6303 SAR +4.87% vs mid-market | Recipient gets SAR 2,630.31 6-12 Hours | |
Ways to receive money in Saudi Arabia with Ria Money Transfer when paying by mobile wallet. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 2.6303 SAR SAR 2,630.31You pay$1,000.00 Cash pickup6-12 Hours Free1 CAD = 2.6303 SAR SAR 2,630.31You pay$1,000.00 | |||
 Remitbee Pay via Interac | Fees: $0.00 1 CAD = 2.6261 SAR +5.03% vs mid-market | Recipient gets SAR 2,626.10 Next Day | |
Ways to receive money in Saudi Arabia with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.6261 SAR SAR 2,626.10You pay$1,000.00 | |||
| Remitbee Pay via Bill payment | Fees: $0.00 1 CAD = 2.6261 SAR +5.03% vs mid-market | Recipient gets SAR 2,626.10 Next Day | |
Ways to receive money in Saudi Arabia with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.6261 SAR SAR 2,626.10You pay$1,000.00 | |||
| Remitbee Pay via Bank Transfer | Fees: $0.00 1 CAD = 2.6261 SAR +5.03% vs mid-market | Recipient gets SAR 2,626.10 Next Day | |
Ways to receive money in Saudi Arabia with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 2.6261 SAR SAR 2,626.10You pay$1,000.00 | |||
 TD Bank Pay via Bank Transfer | Fees: $0.00 1 CAD = 2.6084 SAR +5.70% vs mid-market | Recipient gets SAR 2,608.43 | |
Ways to receive money in Saudi Arabia with TD Bank when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit Free1 CAD = 2.6084 SAR SAR 2,608.43You pay$1,000.00 | |||
| Wise Pay via Credit Card | Fees: $47.93 1 CAD = 2.7226 SAR +1.42% vs mid-market | Recipient gets SAR 2,592.10 Within a week | |
Ways to receive money in Saudi Arabia with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $47.931 CAD = 2.7226 SAR SAR 2,592.10You pay$1,000.00 | |||
| Ria Money Transfer Pay via Bank Transfer | Fees: $25.00 1 CAD = 2.6303 SAR +4.87% vs mid-market | Recipient gets SAR 2,564.56 6-12 Hours | |
Ways to receive money in Saudi Arabia with Ria Money Transfer when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $25.001 CAD = 2.6303 SAR SAR 2,564.56You pay$1,000.00 Cash pickup6-12 Hours $25.001 CAD = 2.6303 SAR SAR 2,564.56You pay$1,000.00 | |||
| Remitbee Pay via Debit Card | Fees: $29.99 1 CAD = 2.6261 SAR +5.03% vs mid-market | Recipient gets SAR 2,547.34 Next Day | |
Ways to receive money in Saudi Arabia with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day $29.991 CAD = 2.6261 SAR SAR 2,547.34You pay$1,000.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit Card | Fees: $5.99 1 CAD = 2.5122 SAR +9.46% vs mid-market | Recipient gets SAR 2,512.20 6-12 Hours | |
Ways to receive money in Saudi Arabia with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.5122 SAR SAR 2,512.20You pay$1,005.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit Card | Fees: $5.99 1 CAD = 2.5122 SAR +9.46% vs mid-market | Recipient gets SAR 2,512.20 6-12 Hours | |
Ways to receive money in Saudi Arabia with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.5122 SAR SAR 2,512.20You pay$1,005.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Cash deposit | Fees: $5.99 1 CAD = 2.5122 SAR +9.46% vs mid-market | Recipient gets SAR 2,512.20 6-12 Hours | |
Ways to receive money in Saudi Arabia with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $5.991 CAD = 2.5122 SAR SAR 2,512.20You pay$1,005.99 | |||
| Ria Money Transfer Pay via Debit Card | Fees: $45.00 1 CAD = 2.6303 SAR +4.87% vs mid-market | Recipient gets SAR 2,511.95 6-12 Hours | |
Ways to receive money in Saudi Arabia with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $45.001 CAD = 2.6303 SAR SAR 2,511.95You pay$1,000.00 Cash pickup6-12 Hours $45.001 CAD = 2.6303 SAR SAR 2,511.95You pay$1,000.00 | |||
| Ria Money Transfer Pay via Credit Card | Fees: $65.00 1 CAD = 2.6303 SAR +4.87% vs mid-market | Recipient gets SAR 2,459.34 6-12 Hours | |
Ways to receive money in Saudi Arabia with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $65.001 CAD = 2.6303 SAR SAR 2,459.34You pay$1,000.00 Cash pickup6-12 Hours $65.001 CAD = 2.6303 SAR SAR 2,459.34You pay$1,000.00 | |||
| How Our Results Work Mid-market rate: 1 CAD = 2.761597 SAR Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is OFX at 2,743.65 SAR on $1,000.
More than half of Canadians sending money still pay at a store counter. The same company is often cheaper online.
You have 6 ways to pay, including bank transfer, debit card, credit card, interac, mobile wallet, 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.
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.
There are 7 companies sending money to India, but how you send depends on your needs.
Most common option
Hand your cash over the counter and your recipient can collect it the same day without needing an app or bank account.
Bring $1,000 in cash to the closest Remitly location, and your recipient picks up 2,690 SAR within minutes.
Cash transfers cost more
Cash transfer to Saudi Arabia is usually the most expensive option, compare your options above to get the best deal.
For transfers home
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.
Paysend charges $0 in fees and adds 1.63% markup, so your $1,000 delivers 2,716.89 SAR in 6-12 hours.
You don't need a SIN to sign up either, a passport works.
For one-off transfers
For bigger or less frequent transfers, compare a couple of online services on the day, and pick the cheapest.
Of 7 online companies, Paysend is the cheapest and currently gets you 2,716.89 SAR on a $1,000 transfer after a $0 fee and 1.63% 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.
The most expensive way
A wire from your bank carries a $30 to $80 fee, plus another 1.5 to 3% inside the exchange rate that you won't see itemized anywhere.
On a $1,000 transfer, a bank like TD Bank delivers 2,608.43 SAR, against 2,608.43 SAR with OFX.
The wire can feel like the safer choice for a big amount, but bank deposit insurance and the safeguards used by money transfer companies are just as safe, just different protections.
For large transfers from Canada
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/SAR 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 handle the business side, paying suppliers, contractors and overseas invoices in SAR.
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
If part of your life runs in SAR, 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 SAR, and convert between them at low cost.
For example, converting $1,000 costs $22.68 in fees at 1.42% markup, which gets you 2,660.84 SAR.
With OFX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending $1,000 gives your recipient 2,743.65 SAR.
Deposit CAD using bank transfer, debit card, credit card, interac, mobile wallet, 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 SAR through bank deposit and cash pickup.
For a bank deposit payout, you will need the recipient's bank details in Saudi Arabia.
You pay $1,000.00
﷼2,744
Cheapest
You pay $1,000.00
﷼2,717
-﷼27
You pay $1,000.00
﷼2,717
-﷼27
You pay $1,000.00
﷼2,690
-﷼54
You pay $1,000.00
﷼2,630
-﷼113
You pay $1,000.00
﷼2,630
-﷼113
You pay $1,000.00
﷼2,565
-﷼179
You pay $1,005.99
﷼2,512
-﷼231
You pay $1,005.99
﷼2,512
-﷼231
You pay $1,005.99
﷼2,512
-﷼231
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.
For a $1,000 transfer to Saudi Arabia, these are the cheapest, fastest and easiest options available now.
Best way to send money to Saudi Arabia
OFX is the cheapest and easiest option, funded by bank transfer with bank deposit for the payout. Your recipient gets 2,743.65 SAR, which is 0.98% more than the next best option.
Fastest way to send money to Saudi Arabia
OFX is fastest when you pay by bank transfer and choose bank deposit for the payout. The transfer delivers 2,743.65 SAR in 6-12 hours.
An Interac e-Transfer cannot go directly to a recipient in Saudi Arabia.
When a transfer company accepts Interac, you send CAD to its Canadian account and the company handles the international side over its own network.
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.
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.
The rate has a direct impact on the SAR amount received. The last seven days show how today's CAD quote compares with the recent market.
Mid-market rate:1 CAD = 2.759576 SAR
Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.
That covers 7 FINTRAC-registered companies sending CAD to Saudi Arabia, 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.
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