Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Taiwan searches, and was the top rated company out of 6 that support CAD to TWD.
So for a great mix of cost, speed & features, make your Canada to Taiwan transfer using Wise.
How to get the best deal on your Canada to Taiwan transfer
Get the most from sending money from Canada to Taiwan
Comparing providers offering services between Canada and Taiwan based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire CAD-TWD market and have compared 6 providers offering services between Canada and Taiwan.
This ensures you will get the most comprehensive options for sending Canadian Dollar to Taiwan.
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 Taiwan transfer needs.
Cheapest way to send money to Taiwan from Canada: Wise
Data collected over the past six months shows that Wise is 2.4% cheaper than the second-best option.
The $85.77 transfer cost represents the most common fee for CAD to TWD international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Taiwan transfer, make sure you pick Wise to send your money online.
*The most common fee applied to CAD-TWD by Wise, based on data from the past six months.
Fastest way to send money from Canada to Taiwan: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Taiwan in 96.3% of searches. This makes them well suited to urgent CAD to TWD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Taiwan - 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 Taiwan from Canada in 96.3% 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 Taiwan, it’s the provider that will keep you safe and relaxed while your money moves into TWD.
Understanding the cost of transferring money from Canada to Taiwan
The total cost of money transfers from Canada to Taiwan is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for CAD-TWD is currently 23.122 TWD per Canadian Dollar. Providers offering services closer to this rate will ensure more New Taiwan Dollar for your Canadian Dollars.
To give a historic average, over the last three months the CAD-TWD mid-market rate has been 23.5491 TWD per Canadian Dollar, this has had a high of 23.9003 and a low of 23.0941.
From the 6 companies compared, Wise offers the best exchange rate on transfers to Taiwan and Canada.
Generally, the exchange rate you receive on converting CAD to TWD will be the biggest factor impacting the cost of sending Canadian Dollars to Taiwan.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Wise at an average of 85.77 CAD per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in New Taiwan Dollar. Simply, the higher the amount received in Canada, the lower the cost of sending from Taiwan.
How to find the best exchange rate for Canada to Taiwan
Timing is essential for sending money between CAD and TWD. The exchange rate you secure impacts how much TWD you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to TWD has seen some fluctuation. On average, it stood at 23.5491.
During this period, the highest value recorded was 23.9003, while the lowest was 23.0941.
Wise, which is our recommended service to send money online from Canada to Taiwan offers an exchange rate that is only 0.1% above the mid-market rate.
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Payment options for transfers from Canada to Taiwan
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Taiwan 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 Taiwan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to TWD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.