"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
Best way to send: Wise
We tested & reviewed 11 money transfer companies offering services between Canada and Uganda, and Wise scored highly.
In total, Wise appeared in 50% of Canada to Uganda searches, and was the top rated company out of 11 that support transfers into Ugand Shilling.
So for a great mix of cost, speed & features, make your Canada to Uganda transfer using Wise.
How to get the best deal on your Canada to Uganda transfer
- Always compare rates
Money transfers to Uganda should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Uganda.
- Choose a provider
Select the provider that offers you the best value on your Canadian Dollar & service for your needs.
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- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Uganda.
Summary of recent searches
Important things to consider before sending money from Canada to Uganda
Don't settle for the first option. Always compare ways to send money from Canada to Uganda to find out about fees, speed, and reliability.
Our analysis included 11 providers that operate between Canada and Uganda.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Uganda.
Cheapest way to send money to Uganda from Canada: Remitly
Data collected over the past six months shows that Remitly is 2.8% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to UGX international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Uganda transfer, make sure you pick Remitly to send your money online.
*The most common fee applied to CAD-UGX by Remitly, based on data from the past six months.
Fastest way to send money to Uganda from Canada: Paysend.
In our comparison, we found Paysend to be the fastest way to send Canadian Dollars to Ugand Shilling in 50% of transfers. For quick transfers between CAD and UGX, Paysend comes highly recommended.
Sending money from Canada to Uganda through Paysend has an average fee of 0 CAD.
To find the fastest company, we compared 11 money transfer providers for the overall speed of sending money from Canada to Uganda. This was made up of depositing Canadian Dollar to a money transfer account and transfer times to Uganda.
When looking for the fastest money transfer, Paysend is our best choice for sending into Uganda 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 Uganda, it’s the provider that will keep you safe and relaxed while your money moves into UGX.
Understanding the costs involved when moving money from Canada to Uganda
When calculating the costs of money transfers between Canada and Uganda, here's what really matters:
The Mid-Market Rate: Today, the CAD-UGX mid-market rate equals 2,635.3111 UGX per Canadian Dollar.
The CAD-UGX average exchange rate for the past three months has been 2,732.4918 UGX per Canadian Dollar, with a high of 2,782.8337 and a low of 2,682.1498.
When looking to send money, we'd recommend Wise. On average Wise is -0.34% 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 UGX.
How to find the best exchange rate for Canada to Uganda
Timing is essential for sending money between CAD and UGX. The exchange rate you secure impacts how much UGX you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to UGX has seen some fluctuation. On average, it stood at 2,732.4918.
During this period, the highest value recorded was 2,782.8337, while the lowest was 2,682.1498.
Wise, which is our recommended service to send money online from Canada to Uganda offers an exchange rate that is only -0.34% above the mid-market rate.
Want to secure the best CAD-Ugand Shilling 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 Uganda!
Paying for your Canada to Uganda money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Canada to Uganda.
By using a money transfer company such as Remitly to send money from Canada to Uganda, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Remitly is the cheapest money transfer provider for bank transfers from the 11 we tested when sending CAD to Uganda.
With an average fee of CAD0 to send money from Canada to Uganda, Remitly offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Uganda with a prepaid or debit card is very easy with Wise.
Wise is a great choice for sending money with a debit card from Canada to Uganda. This is from the 11 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Canada to Uganda, Wise emerges as our top choice of the 11 companies offering this service.
Be careful of fees: using a credit card to transfer money internationally 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 Uganda 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 Uganda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to UGX.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
