Companies for transfers to Sri Lanka
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best way: Wise
We tested & reviewed 12 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 92.9% of Canada to Sri Lanka searches, and was the top rated company supporting payments Canada into Sri Lank Rupee.
So for a great mix of cost, speed & features, make your Canada to Sri Lanka transfer using Wise.
How to get the best deal on your Canada to Sri Lanka transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Sri Lanka.
- Choose a provider
Select the provider that offers you the best value & service for your needs
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- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from Canada to Sri Lanka
A comparison of providers offering services between Canada and Sri Lanka, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 12 providers that provide services for sending Canadian Dollar to Sri Lanka. This ensures you will get the best options for your transfer to Sri Lanka from Canada.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Canada to Sri Lanka.
Cheapest way to send money from Canada to Sri Lanka: Remitbee
Our data shows, over the past six months, that Remitbee is 0.2% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* CAD and a CAD-LKR exchange rate for international transfers that is 0.7% different to the mid-market rate.
Securing the best rates on a CAD to Sri Lanka transfer can be done with Remitbee but you can always search for your specific amount.
*The most common fee applied by Remitbee when sending CAD-LKR, based on data from the past six months.
Fastest way to send money from Canada to Sri Lanka: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Sri Lanka in 57.1% of searches. This makes them well suited to urgent CAD to LKR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Sri Lanka - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Sri Lanka from Canada in 57.1% of the searches on MoneyTransfers.com over the past six months.
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 Sri Lanka, it’s the provider that will keep you safe and relaxed while your money moves into LKR.
Understanding the costs involved when moving money from Canada to Sri Lanka
When calculating the costs of money transfers between Canada and Sri Lanka, here's what really matters:
The Mid-Market Rate: Today, the CAD-LKR mid-market rate equals 204.2081 LKR per Canadian Dollar.
The CAD-LKR average exchange rate for the past three months has been 213.4558 LKR per Canadian Dollar, with a high of 224.9033 and a low of 207.5831.
When looking to send money, we'd recommend Wise. On average Wise is 0.01% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to LKR.
How to find the best exchange rate for Canada to Sri Lanka
Timing is essential for sending money between CAD and LKR. The exchange rate you secure impacts how much LKR you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to LKR has seen some fluctuation. On average, it stood at 213.4558.
During this period, the highest value recorded was 224.9033, while the lowest was 207.5831.
Wise, which is our recommended service to send money online from Canada to Sri Lanka offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best CAD-Sri Lank Rupee exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Sri Lanka!
Payment methods available to fund your Canada to Sri Lanka transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Sri Lanka.
By using a money transfer company such as Remitbee for transfers from Canada to Sri Lanka, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Remitbee is the cheapest provider for bank transfers from the 12 we tested when sending CAD to Sri Lanka.
With an average fee of CAD0 to send money from Canada to Sri Lanka, Remitbee offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Sri Lanka with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Sri Lanka, competing among a total of 12 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Sri Lanka, Wise emerges as our top choice of the 12 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Sri Lanka 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 Sri Lanka.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to LKR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
