Remitbee is the cheapest way to send money from Canada to Sri Lanka based on the 9 companies we analyzed, giving your recipient 238,000 LKR from $1,000.
| 9 of 9 providers Last updated on 26 September 2026 | |||
| Based on 1,000 CAD transfer Best companies for CAD/LKR transfers | |||
| Ad  Wise Pay via Bank Transfer | Fees: $10.37 1 CAD = 233.3160 LKR +0.05% vs mid-market | Recipient gets Rs 230,896.51 Within a week | |
Ways to receive money in Sri Lanka with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer $10.371 CAD = 233.3160 LKR Rs 230,896.51You pay$1,000.00 | |||
| Ad  Remitly Pay via Bank Transfer | Fees: $0.00 1 CAD = 232.1500 LKR +0.55% vs mid-market | Recipient gets Rs 232,150.00 2 Days | |
Ways to receive money in Sri Lanka with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 232.1500 LKR Rs 232,150.00You pay$1,000.00 | |||
Run a live search Showing top Canada to Sri Lanka 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 LKR rates. | |||
Run a live search These companies offer multi-currency accounts for spending LKR. We suggest doing a live search based on how much CAD you're planning to spend in Sri Lanka. | |||
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. | |||
 Remitbee Pay via Debit Card | Fees: $0.00 1 CAD = 238.0000 LKR -1.94% vs mid-market | Recipient gets Rs 238,000.00 Next Day | |
Ways to receive money in Sri Lanka with Remitbee when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 238.0000 LKR Rs 238,000.00You pay$1,000.00 | |||
| Remitbee Pay via Interac | Fees: $0.00 1 CAD = 238.0000 LKR -1.94% vs mid-market | Recipient gets Rs 238,000.00 Next Day | |
Ways to receive money in Sri Lanka with Remitbee when paying by interac. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 238.0000 LKR Rs 238,000.00You pay$1,000.00 | |||
| Remitbee Pay via Bill payment | Fees: $0.00 1 CAD = 238.0000 LKR -1.94% vs mid-market | Recipient gets Rs 238,000.00 Next Day | |
Ways to receive money in Sri Lanka with Remitbee when paying by bill payment. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 238.0000 LKR Rs 238,000.00You pay$1,000.00 | |||
| Remitbee Pay via Bank Transfer | Fees: $0.00 1 CAD = 238.0000 LKR -1.94% vs mid-market | Recipient gets Rs 238,000.00 Next Day | |
Ways to receive money in Sri Lanka with Remitbee when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 238.0000 LKR Rs 238,000.00You pay$1,000.00 | |||
 Paysend Pay via Debit Card | Fees: $0.00 1 CAD = 232.1993 LKR +0.53% vs mid-market | Recipient gets Rs 232,199.29 6-12 Hours | |
Ways to receive money in Sri Lanka with Paysend when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 232.1993 LKR Rs 232,199.29You pay$1,000.00 | |||
| Paysend Pay via Credit Card | Fees: $0.00 1 CAD = 232.1993 LKR +0.53% vs mid-market | Recipient gets Rs 232,199.29 6-12 Hours | |
Ways to receive money in Sri Lanka with Paysend when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 232.1993 LKR Rs 232,199.29You pay$1,000.00 | |||
| Remitly Pay via Bank Transfer | Fees: $0.00 1 CAD = 232.1500 LKR +0.55% vs mid-market | Recipient gets Rs 232,150.00 2 Days | |
Ways to receive money in Sri Lanka with Remitly when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 232.1500 LKR Rs 232,150.00You pay$1,000.00 | |||
| Remitly Pay via Interac | Fees: $0.00 1 CAD = 232.1500 LKR +0.55% vs mid-market | Recipient gets Rs 232,150.00 2 Days | |
Ways to receive money in Sri Lanka with Remitly when paying by interac. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 232.1500 LKR Rs 232,150.00You pay$1,000.00 | |||
 Koho Pay via Bank Transfer | Fees: $5.83 1 CAD = 233.2810 LKR +0.06% vs mid-market | Recipient gets Rs 231,920.63 Next day | |
Ways to receive money in Sri Lanka with Koho when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:Bank Transfer $5.831 CAD = 233.2810 LKR Rs 231,920.63You pay$1,000.00 | |||
 OFX Pay via Bank Transfer | Fees: $0.00 1 CAD = 231.9139 LKR +0.65% vs mid-market | Recipient gets Rs 231,913.91 6-12 Hours | |
Ways to receive money in Sri Lanka with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit6-12 Hours Free1 CAD = 231.9139 LKR Rs 231,913.91You pay$1,000.00 | |||
 Ria Money Transfer Pay via Debit Card | Fees: $3.90 1 CAD = 232.3800 LKR +0.45% vs mid-market | Recipient gets Rs 231,473.72 6-12 Hours | |
Ways to receive money in Sri Lanka with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $3.901 CAD = 232.3800 LKR Rs 231,473.72You pay$1,000.00 Mobile wallet6-12 Hours $3.901 CAD = 232.3800 LKR Rs 231,473.72You pay$1,000.00 Cash pickup6-12 Hours $3.901 CAD = 232.3800 LKR Rs 231,473.72You pay$1,000.00 | |||
 TapTap Send Pay via Debit Card | Fees: $0.00 1 CAD = 231.0000 LKR +1.05% vs mid-market | Recipient gets Rs 231,000.00 Minutes | |
Ways to receive money in Sri Lanka with TapTap Send when paying by debit card. MethodFee & ratesRecipient gets Bank depositMinutes Free1 CAD = 231.0000 LKR Rs 231,000.00You pay$1,000.00 Mobile moneyMinutesAvailable via:eZ Cash Free1 CAD = 231.0000 LKR Rs 231,000.00You pay$1,000.00 | |||
| Wise Pay via Bank Transfer | Fees: $10.37 1 CAD = 233.3160 LKR +0.05% vs mid-market | Recipient gets Rs 230,896.51 Within a week | |
Ways to receive money in Sri Lanka with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:Bank Transfer $10.371 CAD = 233.3160 LKR Rs 230,896.51You pay$1,000.00 | |||
| Remitly Pay via Debit Card | Fees: $0.00 1 CAD = 230.7500 LKR +1.16% vs mid-market | Recipient gets Rs 230,750.00 2 Days | |
Ways to receive money in Sri Lanka with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank deposit2 Days Free1 CAD = 230.7500 LKR Rs 230,750.00You pay$1,000.00 | |||
| Remitly Pay via Credit Card | Fees: $20.00 1 CAD = 230.7500 LKR +1.16% vs mid-market | Recipient gets Rs 230,750.00 2 Days | |
Ways to receive money in Sri Lanka with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank deposit2 Days $20.001 CAD = 230.7500 LKR Rs 230,750.00You pay$1,020.00 | |||
| Wise Pay via Interac | Fees: $16.06 1 CAD = 233.3160 LKR +0.05% vs mid-market | Recipient gets Rs 229,568.95 Within minutes | |
Ways to receive money in Sri Lanka with Wise when paying by interac. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $16.061 CAD = 233.3160 LKR Rs 229,568.95You pay$1,000.00 | |||
 Western Union Pay via Debit Card | Fees: $0.00 1 CAD = 229.1311 LKR +1.86% vs mid-market | Recipient gets Rs 229,131.10 Next Day | |
Ways to receive money in Sri Lanka with Western Union when paying by debit card. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 229.1311 LKR Rs 229,131.10You pay$1,000.00 | |||
| Western Union Pay via Bank Transfer | Fees: $0.00 1 CAD = 229.1311 LKR +1.86% vs mid-market | Recipient gets Rs 229,131.10 Next Day | |
Ways to receive money in Sri Lanka with Western Union when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext Day Free1 CAD = 229.1311 LKR Rs 229,131.10You pay$1,000.00 | |||
| Wise Pay via Debit Card | Fees: $21.34 1 CAD = 233.3160 LKR +0.05% vs mid-market | Recipient gets Rs 228,337.04 Within minutes | |
Ways to receive money in Sri Lanka with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $21.341 CAD = 233.3160 LKR Rs 228,337.04You pay$1,000.00 | |||
| Wise Pay via Credit Card | Fees: $36.02 1 CAD = 233.3160 LKR +0.05% vs mid-market | Recipient gets Rs 224,911.96 Within minutes | |
Ways to receive money in Sri Lanka with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $36.021 CAD = 233.3160 LKR Rs 224,911.96You pay$1,000.00 | |||
| Ria Money Transfer Pay via Credit Card | Fees: $145.00 1 CAD = 232.3800 LKR +0.45% vs mid-market | Recipient gets Rs 198,684.90 6-12 Hours | |
Ways to receive money in Sri Lanka with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Bank deposit6-12 Hours $145.001 CAD = 232.3800 LKR Rs 198,684.90You pay$1,000.00 Mobile wallet6-12 Hours $145.001 CAD = 232.3800 LKR Rs 198,684.90You pay$1,000.00 Cash pickup6-12 Hours $145.001 CAD = 232.3800 LKR Rs 198,684.90You pay$1,000.00 | |||
| How Our Results Work Mid-market rate: 1 CAD = 233.4312 LKR Updates every 60 minutes. | |||
Transfer details
Start with the cheapest, which is Remitbee at 238,000 LKR 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 5 ways to pay, including debit card, bank transfer, credit card, interac, and bill payment.
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 9 companies sending money to India, but how you send depends on your needs.
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.
Remitbee charges $0 in fees and adds -1.94% markup, so your $1,000 delivers 238,000 LKR in next day.
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 9 online companies, Remitbee is the cheapest and currently gets you 238,000 LKR on a $1,000 transfer after a $0 fee and -1.94% 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
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/LKR 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.
If you already have one
Some neobanks in Canada include international transfers with no transfer fee as part of the account.
Koho sends your $1,000 for $5.83 in fees with 0.06% markup.
It's a good option for small ocasional transfers, but I still suggest .
For businesses paying abroad
Global accounts handle the business side, paying suppliers, contractors and overseas invoices in LKR.
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 LKR, 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 LKR, and convert between them at low cost.
For example, converting $1,000 costs $10.37 in fees at 0.05% markup, which gets you 230,896.51 LKR.
With Remitbee, paying by debit card and receiving through bank deposit is the cheapest combination. Sending $1,000 gives your recipient 238,000 LKR.
Deposit CAD using debit card, bank transfer, credit card, interac, and bill payment.
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 LKR through bank deposit, mobile money, mobile wallet, and cash pickup.
For a bank deposit payout, you will need the recipient's bank details in Sri Lanka.
You pay $1,000.00
₨238,000
Cheapest
You pay $1,000.00
₨238,000
₨0
You pay $1,000.00
₨238,000
₨0
You pay $1,000.00
₨238,000
₨0
You pay $1,000.00
₨232,199
-₨5,801
You pay $1,000.00
₨231,474
-₨6,526
You pay $1,000.00
₨231,474
-₨6,526
You pay $1,000.00
₨231,000
-₨7,000
You pay $1,000.00
₨198,685
-₨39,315
You pay $1,000.00
₨198,685
-₨39,315
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 Sri Lanka, these are the cheapest, fastest and easiest options available now.
Best way to send money to Sri Lanka
Remitbee is the cheapest and easiest option, funded by debit card with bank deposit for the payout. Your recipient gets 238,000 LKR, which is 2.44% more than the next best option.
Fastest way to send money to Sri Lanka
TapTap Send is fastest when you pay by debit card and choose bank deposit for the payout. The transfer delivers 231,000 LKR in minutes.
An Interac e-Transfer cannot go directly to a recipient in Sri Lanka.
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 LKR amount received. The last seven days show how today's CAD quote compares with the recent market.
Mid-market rate:1 CAD = 233.431209 LKR
Most of the pricing here comes straight from the companies, and anything we gather by hand is labelled in the table.
That covers 9 FINTRAC-registered companies sending CAD to Sri Lanka, 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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