How to send money to Canada from Denmark with the best DKK-CAD rate

For sending money to Canada, Xe has the lowest fee at 0 DKK. Xe is cheapest overall, giving your recipient 10,440 CAD from 50,000 DKK, and Revolut is the fastest.

Best companies for DKK/CAD transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 50,000 DKK transfer

Best companies for DKK/CAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 167,07 kr 1 DKK = 0.2093 CAD Recipient gets 10.429,83 $ Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Canada with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:Bank Transfer
167,07 kr1 DKK = 0.2093 CAD
10.429,83 $You pay50.000,00 kr
Promoted

Xe

Pay via Debit card
Fee 0,00 kr 1 DKK = 0.2088 CAD Recipient gets 10.440,00 $ Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Canada with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.2088 CAD
10.440,00 $You pay50.000,00 kr

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Showing top Denmark to Canada deals for 50,000 DKK. Do a live search with your exact amount for today's best rates.

Xe

Pay via Debit card
Fee 0,00 kr 1 DKK = 0.2088 CAD Recipient gets 10.440,00 $ Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Canada with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.2088 CAD
10.440,00 $You pay50.000,00 kr

Xe

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.2088 CAD Recipient gets 10.440,00 $ Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Canada with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.2088 CAD
10.440,00 $You pay50.000,00 kr

Xe

Pay via Credit card
Fee 0,00 kr 1 DKK = 0.2088 CAD Recipient gets 10.440,00 $ Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Canada with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.2088 CAD
10.440,00 $You pay50.000,00 kr

Wise

Pay via Bank transfer
Fee 167,07 kr 1 DKK = 0.2093 CAD Recipient gets 10.429,83 $ Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Canada with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:Bank Transfer
167,07 kr1 DKK = 0.2093 CAD
10.429,83 $You pay50.000,00 kr

Currencies Direct

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.2080 CAD Recipient gets 10.400,00 $ Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Canada with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.2080 CAD
10.400,00 $You pay50.000,00 kr

CurrencyFair

Pay via Bank transfer
Fee 4,00 kr 1 DKK = 0.2079 CAD Recipient gets 10.388,50 $ Minutes - 24 hours
Receive to bank account

Ways to receive money in Canada with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
4,00 kr1 DKK = 0.2079 CAD
10.388,50 $You pay50.000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 429,80 kr 1 DKK = 0.2090 CAD Recipient gets 10.360,36 $ Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Canada with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
429,80 kr1 DKK = 0.2090 CAD
10.360,36 $You pay50.000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee 697,83 kr 1 DKK = 0.2093 CAD Recipient gets 10.318,75 $ Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Canada with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
697,83 kr1 DKK = 0.2093 CAD
10.318,75 $You pay50.000,00 kr

Wise

Pay via Credit card
Fee 848,10 kr 1 DKK = 0.2093 CAD Recipient gets 10.287,30 $ Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Canada with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
848,10 kr1 DKK = 0.2093 CAD
10.287,30 $You pay50.000,00 kr

TorFx

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.0000 CAD +0.30% vs mid-market Recipient gets 0,00 $ Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Canada with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.0000 CAD
0,00 $You pay50.000,00 kr
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.0000 CAD +0.27% vs mid-market Recipient gets 0,00 $ Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Canada with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 0.0000 CAD
0,00 $You pay50.000,00 kr
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.0000 CAD +0.25% vs mid-market Recipient gets 0,00 $ Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Canada with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 DKK = 0.0000 CAD
0,00 $You pay50.000,00 kr

Moneycorp

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 0.0000 CAD +1.40% vs mid-market Recipient gets 0,00 $ Minutes - 2 days

Ways to receive money in Canada with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 DKK = 0.0000 CAD
0,00 $You pay50.000,00 kr

How to send money from Denmark to Canada

Pick a company

The simplest way to start is to use the cheapest company, which is Xe.

Xe was the cheapest on 2 of the 29 days it quoted kr50,000 transfers to Canada.

This is based on a kr50,000 transfer and will change depending on how much you send.

I suggest with your amount to get the best DKK/CAD rate today.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

An instant bank transfer from your Danish bank is free, up to 500,000 kroner per deposit.

Verify and send

Most companies will verify you with MitID, which takes a minute if you already use it.

Compare amounts

How much DKK are you sending to Canada?

How much DKK you send to Canada heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Xe was the cheapest in 5% of the transfers from DKK 15,000 it quoted, and in 5% of all the transfers it quoted.

Cheapest service
3.000 kr0.28%4,80 kr625,13 $with bank transfer to bank deposit+5,42 $
15.000 kr0.00%55,42 kr3.124,52 $with bank transfer to bank deposit+26,81 $
50.000 krThis page0,00 kr10.440,00 $with debit card to bank deposit+3.247,33 $
DKK/CAD Exchange Rate History

Is today a good time to send money from Denmark to Canada?

The cheapest way to send DKK to CAD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Xe), across 30 days of comparisons for 50,000 DKK transfers to Canada.

CAD received for 50.000 kr, after fees

Wed, 28 Oct 2026Mid-market rateNo quote Xe 10.440,00 $Xe10.440,00 $Wise10.429,83 $Currencies Direct10.400,00 $

10.200
10.300
10.400
10.500
10.600
10.700
10.800
10.900
At the mid-market rateWith the cheapest optionXeWiseCurrencies Direct
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2155 – 10.772,95 $
Key Currency Cheapest 0.2149 0,00 kr 10.746,02 $ −26,93 $
Wise 0.2155 167,07 kr 10.736,80 $ −36,15 $
Xe 0.2143 0,00 kr 10.715,00 $ −57,95 $
Currencies Direct 0.2141 0,00 kr 10.705,00 $ −67,95 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2153 – 10.767,00 $
Key Currency Cheapest 0.2148 0,00 kr 10.740,08 $ −26,92 $
Wise 0.2154 167,07 kr 10.732,27 $ −34,73 $
Xe 0.2142 0,00 kr 10.710,00 $ −57,00 $
Currencies Direct 0.2140 0,00 kr 10.700,00 $ −67,00 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2153 – 10.765,45 $
Key Currency Cheapest 0.2148 0,00 kr 10.738,54 $ −26,91 $
Wise 0.2154 167,07 kr 10.732,57 $ −32,88 $
Xe 0.2140 0,00 kr 10.700,00 $ −65,45 $
Currencies Direct 0.2140 0,00 kr 10.700,00 $ −65,45 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2142 – 10.712,25 $
Key Currency Cheapest 0.2137 0,00 kr 10.685,47 $ −26,78 $
Wise 0.2142 167,07 kr 10.676,56 $ −35,69 $
Xe 0.2130 0,00 kr 10.650,00 $ −62,25 $
Currencies Direct 0.2129 0,00 kr 10.645,00 $ −67,25 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2145 – 10.725,10 $
Key Currency Cheapest 0.2140 0,00 kr 10.698,29 $ −26,81 $
Wise 0.2145 167,07 kr 10.691,01 $ −34,09 $
Currencies Direct 0.2132 0,00 kr 10.660,00 $ −65,10 $
Xe 0.2116 0,00 kr 10.580,00 $ −145,10 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2145 – 10.725,85 $
Key Currency Cheapest 0.2140 0,00 kr 10.699,04 $ −26,81 $
Wise 0.2145 167,07 kr 10.691,01 $ −34,84 $
Currencies Direct 0.2132 0,00 kr 10.660,00 $ −65,85 $
Xe 0.2117 0,00 kr 10.585,00 $ −140,85 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2138 – 10.688,75 $
Key Currency Cheapest 0.2132 0,00 kr 10.662,03 $ −26,72 $
Wise 0.2138 167,07 kr 10.653,88 $ −34,87 $
Xe 0.2126 0,00 kr 10.630,00 $ −58,75 $
Currencies Direct 0.2125 0,00 kr 10.625,00 $ −63,75 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2145 – 10.723,50 $
Key Currency Cheapest 0.2139 0,00 kr 10.696,69 $ −26,81 $
Wise 0.2145 167,07 kr 10.688,52 $ −34,98 $
Xe 0.2133 0,00 kr 10.665,00 $ −58,50 $
Currencies Direct 0.2131 0,00 kr 10.655,00 $ −68,50 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2132 – 10.661,00 $
Key Currency Cheapest 0.2127 0,00 kr 10.634,35 $ −26,65 $
Wise 0.2132 167,07 kr 10.626,12 $ −34,88 $
Xe 0.2120 0,00 kr 10.600,00 $ −61,00 $
Currencies Direct 0.2119 0,00 kr 10.595,00 $ −66,00 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2134 – 10.672,40 $
Key Currency Cheapest 0.2129 0,00 kr 10.645,72 $ −26,68 $
Wise 0.2134 167,07 kr 10.636,19 $ −36,21 $
Xe 0.2122 0,00 kr 10.610,00 $ −62,40 $
Currencies Direct 0.2121 0,00 kr 10.605,00 $ −67,40 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2135 – 10.676,85 $
Key Currency Cheapest 0.2130 0,00 kr 10.650,16 $ −26,69 $
Wise 0.2135 167,07 kr 10.641,77 $ −35,08 $
Xe 0.2124 0,00 kr 10.620,00 $ −56,85 $
Currencies Direct 0.2123 0,00 kr 10.615,00 $ −61,85 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2137 – 10.687,00 $
Key Currency Cheapest 0.2132 0,00 kr 10.660,28 $ −26,72 $
Wise 0.2136 167,07 kr 10.646,11 $ −40,89 $
Currencies Direct 0.2123 0,00 kr 10.615,00 $ −72,00 $
Xe 0.2101 0,00 kr 10.505,00 $ −182,00 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2137 – 10.687,00 $
Key Currency Cheapest 0.2132 0,00 kr 10.660,28 $ −26,72 $
Wise 0.2136 167,07 kr 10.646,11 $ −40,89 $
Currencies Direct 0.2123 0,00 kr 10.615,00 $ −72,00 $
Xe 0.2102 0,00 kr 10.510,00 $ −177,00 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2137 – 10.684,60 $
Key Currency Cheapest 0.2132 0,00 kr 10.657,89 $ −26,71 $
Wise 0.2137 167,07 kr 10.648,55 $ −36,05 $
Xe 0.2126 0,00 kr 10.630,00 $ −54,60 $
Currencies Direct 0.2124 0,00 kr 10.620,00 $ −64,60 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2133 – 10.664,15 $
Key Currency Cheapest 0.2127 0,00 kr 10.637,49 $ −26,66 $
Wise 0.2133 167,07 kr 10.628,07 $ −36,08 $
Xe 0.2122 0,00 kr 10.610,00 $ −54,15 $
Currencies Direct 0.2120 0,00 kr 10.600,00 $ −64,15 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2123 – 10.612,75 $
Key Currency Cheapest 0.2117 0,00 kr 10.586,22 $ −26,53 $
Wise 0.2123 167,07 kr 10.577,59 $ −35,16 $
Xe 0.2111 0,00 kr 10.555,00 $ −57,75 $
Currencies Direct 0.2109 0,00 kr 10.545,00 $ −67,75 $
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 0.2131 167,07 kr 10.617,45 $ –
Xe 0.2120 0,00 kr 10.600,00 $ –
Currencies Direct 0.2118 0,00 kr 10.590,00 $ –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2130 – 10.651,65 $
Key Currency Cheapest 0.2125 0,00 kr 10.625,02 $ −26,63 $
Wise 0.2131 167,07 kr 10.617,01 $ −34,64 $
Xe 0.2119 0,00 kr 10.595,00 $ −56,65 $
Currencies Direct 0.2118 0,00 kr 10.590,00 $ −61,65 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2129 – 10.642,80 $
Key Currency Cheapest 0.2123 0,00 kr 10.616,19 $ −26,61 $
Wise 0.2126 167,07 kr 10.592,89 $ −49,91 $
Currencies Direct 0.2113 0,00 kr 10.565,00 $ −77,80 $
Xe 0.2087 0,00 kr 10.435,00 $ −207,80 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2129 – 10.642,80 $
Key Currency Cheapest 0.2123 0,00 kr 10.616,19 $ −26,61 $
Wise 0.2126 167,07 kr 10.592,89 $ −49,91 $
Currencies Direct 0.2113 0,00 kr 10.565,00 $ −77,80 $
Xe 0.2086 0,00 kr 10.430,00 $ −212,80 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2113 – 10.565,25 $
Key Currency Cheapest 0.2108 0,00 kr 10.538,84 $ −26,41 $
Wise 0.2113 167,07 kr 10.527,36 $ −37,89 $
Xe 0.2101 0,00 kr 10.505,00 $ −60,25 $
Currencies Direct 0.2100 0,00 kr 10.500,00 $ −65,25 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2113 – 10.563,65 $
Key Currency Cheapest 0.2107 0,00 kr 10.537,24 $ −26,41 $
Wise 0.2113 167,07 kr 10.527,41 $ −36,24 $
Xe 0.2102 0,00 kr 10.510,00 $ −53,65 $
Currencies Direct 0.2100 0,00 kr 10.500,00 $ −63,65 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2110 – 10.550,30 $
Key Currency Cheapest 0.2105 0,00 kr 10.523,92 $ −26,38 $
Wise 0.2110 167,07 kr 10.514,95 $ −35,35 $
Xe 0.2099 0,00 kr 10.495,00 $ −55,30 $
Currencies Direct 0.2097 0,00 kr 10.485,00 $ −65,30 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2107 – 10.537,20 $
Key Currency Cheapest 0.2102 0,00 kr 10.510,86 $ −26,34 $
Wise 0.2108 167,07 kr 10.502,49 $ −34,71 $
Xe 0.2095 0,00 kr 10.475,00 $ −62,20 $
Currencies Direct No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2099 – 10.494,40 $
Key Currency Cheapest 0.2094 0,00 kr 10.468,16 $ −26,24 $
Wise 0.2099 167,07 kr 10.460,23 $ −34,17 $
Xe 0.2087 0,00 kr 10.435,00 $ −59,40 $
Currencies Direct 0.2085 0,00 kr 10.425,00 $ −69,40 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2099 – 10.494,05 $
Key Currency Cheapest 0.2094 0,00 kr 10.467,81 $ −26,24 $
Wise 0.2099 167,07 kr 10.460,78 $ −33,27 $
Currencies Direct 0.2086 0,00 kr 10.430,00 $ −64,05 $
Xe 0.2060 0,00 kr 10.300,00 $ −194,05 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2099 – 10.494,05 $
Key Currency Cheapest 0.2094 0,00 kr 10.467,81 $ −26,24 $
Currencies Direct 0.2086 0,00 kr 10.430,00 $ −64,05 $
Xe No quote collected this day – – – –
Wise No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2102 – 10.507,90 $
Key Currency Cheapest 0.2096 0,00 kr 10.481,63 $ −26,27 $
Wise 0.2101 167,07 kr 10.472,29 $ −35,61 $
Xe 0.2090 0,00 kr 10.450,00 $ −57,90 $
Currencies Direct 0.2088 0,00 kr 10.440,00 $ −67,90 $
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.2093 – 10.466,10 $
Xe Cheapest 0.2089 0,00 kr 10.445,00 $ −21,10 $
Wise 0.2093 167,07 kr 10.432,47 $ −33,63 $
Currencies Direct 0.2080 0,00 kr 10.400,00 $ −66,10 $
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 0.2088 0,00 kr 10.440,00 $ –
Wise 0.2093 167,07 kr 10.429,83 $ –
Currencies Direct 0.2080 0,00 kr 10.400,00 $ –

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 50.000 kr, after fees, as quoted by each company. The mid-market line shows what 50.000 kr converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more CAD per DKK than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of CAD on every transfer from Denmark.

Today's payout isn't the best this month though, since the highest receive amount was 10,746.02 CAD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Canada.

We've tracked 62 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

  1. XeAppeared in 40 comparisons

    Cheapest in 5% of them

  2. WiseAppeared in 59 comparisons

    Cheapest in 41% of them

  3. Currencies DirectAppeared in 51 comparisons

    Cheapest in 4% of them

Based on 62 comparisons across 3 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Xe is the cheapest and gets you the most CAD, but it was the cheapest in only 5% of the 40 comparisons it appeared in over the past month.

Wise (today's second cheapest) was the cheapest in only 41% of its comparisons, so it's rarely the cheapest option for transfers to Canada.

If it's a one-off transfer, go with Xe, since it's the cheapest right now.

Ways to send money from Denmark to Canada

9 companies send money from Denmark to Canada, across broker, online, app, multi-currency account, and global account.

For sending a few thousand kroner

Online transfers

Online transfer services like Xe work well when you need to make a one-off payment.

A kr50,000 transfer with Xe gets you 10,440 CAD. This includes a kr0 fee and a % exchange-rate markup.

In our comparisons over the past month, it was the cheapest online service on 2 of the 29 days it quoted.

For small and frequent transfers

Money transfer apps

MobilePay works for Nordic payments, but for transfers to Canada a money transfer app like Xe gives you much better rates.

Xe charges DKK 0 to send kr50,000, with delivery in minutes - 24 hours.

Over the past month, Xe was the cheapest app on 7% of the days it appeared for kr50,000 transfers.

Apps work well for small and frequent transfers, like paying bills, sending money home, and similar.

For cross-border workers

Multi-currency accounts

If you live or work across Denmark and Canada, you may need to use DKK and CAD.

A multi-currency account lets you keep both balances in one account.

With Wise, converting DKK 50,000 comes with a % exchange-rate markup.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

This works best for regular spending abroad, travelling, and receiving payments.

For cross-border invoices

Global accounts

Global accounts suit Danish businesses paying suppliers or contractors in Canada. You can also receive and hold CAD without opening a local business account.

Airwallex and Wise Business offer business multi-currency accounts and tools for recurring business payments.

Ways to fund DKK and receive CAD in Canada

With Xe, paying by debit card and receiving through bank deposit is the cheapest combination. Sending 50,000 DKK gives your recipient 10,440 CAD.

To pay for your transfer in Denmark, you can use bank transfer, debit card, and credit card.

You can pay for the transfer using your Danish bank

Send DKK by bank transfer using the account and reference in your quote.

In Canada, you can receive CAD by bank deposit.

For them to get money straight to their bank account, enter the recipient's IBAN in Canada and account-holder name.

  1. 1
    Debit card Bank deposit

    You pay kr50,000.00

    CA$10,440

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay kr50,000.00

    CA$10,440

    CA$0

  3. 3
    Credit card Bank deposit

    You pay kr50,000.00

    CA$10,440

    CA$0

Things to know before sending DKK to Canada

Denmark does not use the euro, so every DKK transfer includes a currency conversion. The rate matters even when the payment starts from a Danish IBAN.

Best DKK/CAD transfer options

Cheapest way to send money to Canada

For a kr50,000 transfer, Xe is cheapest when funded by debit card with bank deposit for the payout. Your recipient gets 10,440 CAD, which is 0.1% more than the next best option.

Fastest way to send money to Canada

Revolut sends 10,360.36 CAD in within minutes when you pay by bank transfer and use bank deposit for the payout.

MobilePay is not international

MobilePay works for domestic payments and supported Nordic transfers.

You may be able to use it to pay for the transfers online, just like when depositing with any Danish bank account.

Family gifts have an annual allowance

Denmark does not tax the act of sending money abroad, but a gift can create Danish gift tax.

In 2026, most close relatives can receive up to DKK 80,600 from one donor without gift tax.

The general tax above the allowance is 15%.

Spouses are normally exempt, while different rules apply to other relationships.

The allowance also applies when the recipient lives outside Denmark.

For more info, Skattestyrelsen lists the 2026 allowances and rates.

How we analyse the market

We track 9 companies sending DKK to Canada, registered with Finanstilsynet or passported in, and refreshed in real time on live searches.

Your money starts in kroner, so every transfer converts currency and the rate is what we lead on, alongside fees and the pay-in and payout options.

In the past 30 days alone, we analysed 62 comparisons across 3 amounts.

This page covers the cheapest and fastest options for DKK/CAD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.