Companies for transfers to Venezuela
"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."
"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."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 98.5% of Canada to Venezuela searches, and was the top rated company out of 4 that support CAD to VES.
So for a great mix of cost, speed & features, make your Canada to Venezuela transfer using Wise.
How to compare deals on your Canada to Venezuela transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Canada to Venezuela.
- 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 Venezuela from Canada.
Summary of recent searches
Important things to consider before sending money from Canada to Venezuela
Don't settle for the first option. Always compare ways to send money from Canada to Venezuela to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Canada and Venezuela.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Venezuela.
Cheapest way to send money from Canada to Venezuela: Wise
Data collected for transfers between Canada and Venezuela over the past six months shows that Wise is 2.8% cheaper than the second-best option.
This cost combines an average exchange rate between the Canadian Dollar and Bolivar that is 0% different to the mid-market rate and an average fee of 15.21* CAD.
*The most common fee applied to CAD-VES by Wise, based on data from the past six months.
Fastest way to send money from Canada to Venezuela: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Venezuela in 100% of searches. This makes them well suited to urgent CAD to VES money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Venezuela - 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 Venezuela from Canada in 100% 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 Venezuela, it’s the provider that will keep you safe and relaxed while your money moves into VES.
Understanding the costs involved when moving money from Canada to Venezuela
The total cost of sending money to Venezuela from Canada is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for CAD-VES is 35.4018 VES per Canadian Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Bolivar for your Canadian Dollars.
The CAD-VES mid-market rate over the last three months has seen the Canadian Dollar worth an average 28.4399 VES. Within this there has been a high of 33.9253, and a low of 26.4831.
From 4 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to VES.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 4 providers tested, averaging 15.21 CAD per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Bolivar eventually received in Venezuela.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Venezuela, means a better overall cost of sending money from Canada.
How to find the best exchange rate for Canada to Venezuela
Timing is essential for sending money between CAD and VES. The exchange rate you secure impacts how much VES you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to VES has seen some fluctuation. On average, it stood at 28.4399.
During this period, the highest value recorded was 33.9253, while the lowest was 26.4831.
Wise, which is our recommended service to send money online from Canada to Venezuela offers an exchange rate that is only 0.34% above the mid-market rate.
Want to secure the best CAD-Bolivar 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 Venezuela!
Payment methods available to fund your Canada to Venezuela transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Venezuela.
By using a money transfer company such as Wise for transfers from Canada to Venezuela, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending CAD to Venezuela.
With an average fee of CAD15.99 to send money from Canada to Venezuela, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Venezuela 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 Venezuela, competing among a total of 4 active money transfer companies on this route.
Credit card
When it comes to credit card transfers from Canada to Venezuela, Wise emerges as our top choice of the 4 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 Venezuela 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 Venezuela.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to VES.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
