How to send money to Canada from Finland with the best EUR-CAD rate

We’ve compared and analysed 10 money transfer companies in Finland.

Best companies for EUR/CAD transfers

10 of 10 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/CAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €31.26 1 EUR = 1.5635 CAD -0.02% vs mid-market Recipient gets $10,895.62 Next day
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 depositNext dayAvailable via:Bank Transfer
€31.261 EUR = 1.5635 CAD
$10,895.62You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.5603 CAD +0.18% vs mid-market Recipient gets $10,922.10 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 EUR = 1.5603 CAD
$10,922.10You pay€7,000.00

Run a live search

Showing top Finland to Canada deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.5603 CAD +0.18% vs mid-market Recipient gets $10,922.10 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 EUR = 1.5603 CAD
$10,922.10You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5603 CAD +0.18% vs mid-market Recipient gets $10,922.10 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 EUR = 1.5603 CAD
$10,922.10You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 1.5603 CAD +0.18% vs mid-market Recipient gets $10,922.10 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 EUR = 1.5603 CAD
$10,922.10You pay€7,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5593 CAD +0.25% vs mid-market Recipient gets $10,914.86 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 EUR = 1.5593 CAD
$10,914.86You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5590 CAD +0.27% vs mid-market Recipient gets $10,912.67 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 EUR = 1.5590 CAD
$10,912.67You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5585 CAD +0.30% vs mid-market Recipient gets $10,909.39 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 EUR = 1.5585 CAD
$10,909.39You pay€7,000.00

Wise

Pay via Bank transfer
Fee €31.26 1 EUR = 1.5635 CAD -0.02% vs mid-market Recipient gets $10,895.62 Next day
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 depositNext dayAvailable via:Bank Transfer
€31.261 EUR = 1.5635 CAD
$10,895.62You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5554 CAD +0.50% vs mid-market Recipient gets $10,887.51 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.5554 CAD
$10,887.51You pay€7,000.00

Wise

Pay via iDEAL
Fee €41.41 1 EUR = 1.5635 CAD -0.02% vs mid-market Recipient gets $10,879.76 Next day
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositNext dayAvailable via:Bank Transfer
€41.411 EUR = 1.5635 CAD
$10,879.76You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €2.56 1 EUR = 1.5531 CAD +0.65% vs mid-market Recipient gets $10,867.70 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
€2.561 EUR = 1.5531 CAD
$10,867.70You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €70.50 1 EUR = 1.5611 CAD +0.13% vs mid-market Recipient gets $10,817.61 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
€70.501 EUR = 1.5611 CAD
$10,817.61You pay€7,000.00

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 €86.34 1 EUR = 1.5635 CAD -0.02% vs mid-market Recipient gets $10,809.51 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
€86.341 EUR = 1.5635 CAD
$10,809.51You pay€7,000.00
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee €3.99 1 EUR = 1.5440 CAD +1.23% vs mid-market Recipient gets $10,801.98 Minutes - 2 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
€3.991 EUR = 1.5440 CAD
$10,801.98You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 1.5413 CAD +1.40% vs mid-market Recipient gets $10,789.03 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 1.5413 CAD
$10,789.03You pay€7,000.00

Wise

Pay via Credit card
Fee €128.42 1 EUR = 1.5635 CAD -0.02% vs mid-market Recipient gets $10,743.72 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
€128.421 EUR = 1.5635 CAD
$10,743.72You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 1.5632 CAD Updates every 60 minutes.

How to send money from Finland to Canada

Pick a company

For a one-off EUR transfer to Canada, start with Xe.

Xe was the cheapest on 1 of the 30 days it quoted €7,000 transfers to Canada.

On a 7,000 EUR transfer, Xe delivers the most CAD.

The cheapest option depends on the amount, so I suggest to get the best EUR/CAD rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.

Select how you want the recipient to pick up the money. For transfers to Canada they can receive it via bank deposit.

Verify and send

If it's your first time using the service, you will need to verify your account.

This usually takes a few minutes to a few hours.

If your transfer is urgent, make sure to get it done beforehand to avoid any delays.

Compare amounts

How much EUR are you sending to Canada?

How much EUR 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 4% of the transfers from €2,000 it quoted, and in 4% of all the transfers it quoted.

Cheapest service
€5000.36%€0.00$778.95with bank transfer to bank deposit+$5.59
€2,0000.00%€9.86$3,111.92with bank transfer to bank deposit+$13.46
€7,000This page0.18%€0.00$10,922.10with debit card to bank deposit+$55.72

Mid-market rate: 1 EUR = 1.5632 CAD

EUR/CAD Exchange Rate History

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

The cheapest way to send EUR 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 7,000 EUR transfers to Canada.

CAD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate$10,942.22 Xe $10,922.10Xe$10,922.10Key Currency$10,914.86Regency FX$10,912.67

10 700
10 800
10 900
11 000
11 100
11 200
11 300
11 400
At the mid-market rateWith the cheapest optionXeKey CurrencyRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.6098 €31.26 $11,218.28 –
Xe 1.6024 €0.00 $11,216.80 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6102 – $11,271.41
Key Currency Cheapest 1.6062 €0.00 $11,243.23 −$28.18
Regency FX 1.6059 €0.00 $11,240.97 −$30.44
Xe 1.6021 €0.00 $11,214.70 −$56.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6098 – $11,268.73
Key Currency Cheapest 1.6058 €0.00 $11,240.55 −$28.18
Regency FX 1.6055 €0.00 $11,238.30 −$30.43
Xe 1.6018 €0.00 $11,212.60 −$56.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6015 – $11,210.33
Key Currency Cheapest 1.5975 €0.00 $11,182.31 −$28.02
Regency FX 1.5972 €0.00 $11,180.06 −$30.27
Xe 1.5933 €0.00 $11,153.10 −$57.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6043 – $11,230.03
Key Currency Cheapest 1.6003 €0.00 $11,201.95 −$28.08
Regency FX 1.6000 €0.00 $11,199.71 −$30.32
Xe 1.5832 €0.00 $11,082.40 −$147.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6044 – $11,230.81
Key Currency Cheapest 1.6004 €0.00 $11,202.74 −$28.07
Regency FX 1.6001 €0.00 $11,200.49 −$30.32
Xe 1.5836 €0.00 $11,085.20 −$145.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5972 – $11,180.07
Key Currency Cheapest 1.5932 €0.00 $11,152.12 −$27.95
Regency FX 1.5928 €0.00 $11,149.88 −$30.19
Xe 1.5889 €0.00 $11,122.30 −$57.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6012 – $11,208.52
Key Currency Cheapest 1.5972 €0.00 $11,180.50 −$28.02
Regency FX 1.5969 €0.00 $11,178.26 −$30.26
Xe 1.5939 €0.00 $11,157.30 −$51.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5951 – $11,165.89
Key Currency Cheapest 1.5911 €0.00 $11,137.97 −$27.92
Regency FX 1.5908 €0.00 $11,135.74 −$30.15
Xe 1.5867 €0.00 $11,106.90 −$58.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5950 – $11,164.68
Key Currency Cheapest 1.5910 €0.00 $11,136.77 −$27.91
Regency FX 1.5906 €0.00 $11,134.53 −$30.15
Xe 1.5872 €0.00 $11,110.40 −$54.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5963 – $11,174.14
Key Currency Cheapest 1.5923 €0.00 $11,146.20 −$27.93
Regency FX 1.5920 €0.00 $11,143.96 −$30.18
Xe 1.5886 €0.00 $11,120.20 −$53.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5980 – $11,185.87
Key Currency Cheapest 1.5940 €0.00 $11,157.90 −$27.97
Regency FX 1.5937 €0.00 $11,155.67 −$30.20
Xe 1.5711 €0.00 $10,997.70 −$188.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5980 – $11,185.87
Key Currency Cheapest 1.5940 €0.00 $11,157.90 −$27.97
Regency FX 1.5937 €0.00 $11,155.67 −$30.20
Xe 1.5712 €0.00 $10,998.40 −$187.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5971 – $11,179.76
Key Currency Cheapest 1.5931 €0.00 $11,151.81 −$27.95
Regency FX 1.5928 €0.00 $11,149.57 −$30.19
Xe 1.5894 €0.00 $11,125.80 −$53.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5950 – $11,165.14
Key Currency Cheapest 1.5910 €0.00 $11,137.23 −$27.91
Regency FX 1.5907 €0.00 $11,134.99 −$30.15
Xe 1.5877 €0.00 $11,113.90 −$51.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5910 – $11,137.17
Key Currency Cheapest 1.5870 €0.00 $11,109.33 −$27.84
Regency FX 1.5867 €0.00 $11,107.10 −$30.07
Xe 1.5829 €0.00 $11,080.30 −$56.87
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5933 – $11,153.02
Key Currency Cheapest 1.5893 €0.00 $11,125.13 −$27.89
Regency FX 1.5890 €0.00 $11,122.90 −$30.12
Xe 1.5861 €0.00 $11,102.70 −$50.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5919 – $11,143.48
Key Currency Cheapest 1.5879 €0.00 $11,115.62 −$27.85
Regency FX 1.5876 €0.00 $11,113.39 −$30.09
Xe 1.5848 €0.00 $11,093.60 −$49.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5909 – $11,136.31
Key Currency Cheapest 1.5869 €0.00 $11,108.47 −$27.84
Regency FX 1.5866 €0.00 $11,106.25 −$30.06
Xe 1.5600 €0.00 $10,920.00 −$216.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5909 – $11,136.31
Key Currency Cheapest 1.5869 €0.00 $11,108.47 −$27.84
Regency FX 1.5866 €0.00 $11,106.25 −$30.06
Xe 1.5596 €0.00 $10,917.20 −$219.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5789 – $11,052.41
Key Currency Cheapest 1.5750 €0.00 $11,024.77 −$27.64
Regency FX 1.5747 €0.00 $11,022.56 −$29.85
Xe 1.5709 €0.00 $10,996.30 −$56.11
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5792 – $11,054.10
Key Currency Cheapest 1.5752 €0.00 $11,026.46 −$27.64
Regency FX 1.5749 €0.00 $11,024.25 −$29.85
Xe 1.5718 €0.00 $11,002.60 −$51.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5775 – $11,042.50
Key Currency Cheapest 1.5736 €0.00 $11,014.89 −$27.61
Regency FX 1.5732 €0.00 $11,012.69 −$29.81
Xe 1.5703 €0.00 $10,992.10 −$50.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5748 – $11,023.90
Key Currency Cheapest 1.5709 €0.00 $10,996.34 −$27.56
Regency FX 1.5706 €0.00 $10,994.14 −$29.76
Xe 1.5667 €0.00 $10,966.90 −$57.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5697 – $10,987.66
Key Currency Cheapest 1.5657 €0.00 $10,960.19 −$27.47
Regency FX 1.5654 €0.00 $10,958.00 −$29.66
Xe 1.5624 €0.00 $10,936.80 −$50.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5686 – $10,980.26
Key Currency Cheapest 1.5647 €0.00 $10,952.81 −$27.45
Regency FX 1.5644 €0.00 $10,950.62 −$29.64
Xe 1.5398 €0.00 $10,778.60 −$201.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5686 – $10,980.26
Key Currency Cheapest 1.5647 €0.00 $10,952.81 −$27.45
Regency FX 1.5644 €0.00 $10,950.62 −$29.64
Xe 1.5394 €0.00 $10,775.80 −$204.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5710 – $10,996.99
Key Currency Cheapest 1.5671 €0.00 $10,969.50 −$27.49
Regency FX 1.5668 €0.00 $10,967.30 −$29.69
Xe 1.5634 €0.00 $10,943.80 −$53.19
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5652 – $10,956.11
Key Currency Cheapest 1.5612 €0.00 $10,928.72 −$27.39
Regency FX 1.5609 €0.00 $10,926.53 −$29.58
Xe 1.5571 €0.00 $10,899.70 −$56.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.5632 – $10,942.22
Xe Cheapest 1.5603 €0.00 $10,922.10 −$20.12
Key Currency 1.5593 €0.00 $10,914.86 −$27.36
Regency FX 1.5590 €0.00 $10,912.67 −$29.55

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR 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 Finland.

Right now, Xe pays 10,922.1 CAD on 7,000 EUR, which is 20.12 CAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 11,243.23 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 45 comparisons

    Cheapest in 4% of them

  2. Key CurrencyAppeared in 29 comparisons

    Cheapest in 97% of them

  3. Regency FXAppeared in 29 comparisons

    Never the cheapest

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 4% of the 45 comparisons it appeared in over the past month.

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

Ways to send money from Finland to Canada

10 companies send money from Finland to Canada, mostly through broker, app, online, global account, and multi-currency account, and a few more ways.

Usually the cheapest

Online transfers

Companies like Xe will get you 10,922.1 CAD on a €7,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 1 of the 30 days it quoted.

If it's the only time you send money to Canada, then it's the best option.

For recurring transfers, an app is a bit more convenient.

For regular transfers

Money transfer apps

For the regular smaller transfer, apps are convenient and cheap.

Xe charges €0 on a €7,000 transfer, and 10,922.1 CAD arrives in minutes - 24 hours.

Over the past month, Xe was the cheapest app on 3% of the days it appeared for €7,000 transfers.

In Canada they can receive money via bank deposit.

Moving money between your own accounts

Multi-currency accounts

Companies like Wise let you hold EUR and CAD balances in one account.

You can convert between them any time, and it's cheap.

For example, converting 7,000 EUR to CAD with Wise gets you 10,895.62 CAD (€31.26 in fees and -0.02% markup).

This is especially useful for travel since you are spending in CAD (no extra fees from Wise, only local ATMs).

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

For freelancers and SMEs

Global accounts

Global accounts are for companies and freelancers making payments to Canada.

Companies like Wise Business, Airwallex, Holvi or Payoneer offer business features like batch payments, invoicing, admin tools, and more.

For sending large sums

Currency brokers

Currency brokers are good for sending €10,000+ to Canada. They charge no fees and add a markup on the rate.

Xe charges no fee but adds 0.18% markup on top of the EUR/CAD rate.

Our analysis shows Xe was the cheapest broker in 18% of the transfers from €2,000 it quoted.

Ways to fund EUR and receive CAD in Canada

With Xe, paying by debit card and receiving through bank deposit is the cheapest combination. Sending €7,000 gives your recipient 10,922.1 CAD.

To pay for your transfer in Finland, you have bank transfer, debit card, credit card, and iDEAL.

MobilePay and Siirto are useful for payments within Finland, but they do not send money to Canada directly.

For withdrawals in Canada, use bank deposit.

Receive CAD

The name should match the account holder's bank record, so double check it before sending.

  1. 1
    Debit card Bank deposit

    You pay €7,000.00

    CA$10,922

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay €7,000.00

    CA$10,922

    CA$0

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    CA$10,922

    CA$0

  4. 4
    iDEAL Bank deposit

    You pay €7,000.00

    CA$10,880

    -CA$42

What to consider before sending money from Finland to Canada

For a transfer from Finland, compare the CAD received and check whether the payment is a taxable gift rather than ordinary family support.

Compare EUR/CAD transfer options

For a €7,000 transfer to Canada, these are the current cheapest, fastest and easiest options.

Cheapest

Xe is cheapest when funded by debit card with bank deposit for the payout. Your recipient gets 10,922.1 CAD, which is 0.07% more than the next best option.

Fastest

Revolut delivers 10,817.61 CAD in within minutes when you pay by bank transfer and choose bank deposit.

Sending a gift from Finland can trigger gift tax

If you live in Finland and send someone abroad a cash gift, Finnish gift tax can still apply.

The recipient must file and pay the tax when gifts from you reach €7,500 or more within three years.

Education and maintenance costs may be exempt if you pay the university, landlord or other company directly.

Cash sent to the recipient is treated as a normal gift because they can spend it on anything.

Large transfers may take longer

Finnish banks and transfer companies can ask for the source and purpose of an unusual payment.

Keep the invoice, sale document or account statement ready.

SEPA Instant may fund the company's euro account quickly, but the company still needs to complete the payout in Canada.

Safety measures in Finland

An EEA company may be authorised in another country and operate in Finland through passporting.

If a company does not resolve a complaint, FINE provides guidance and dispute support for financial customers in Finland.

Never move money to a so-called safe account or approve an unexpected bank-identification request.

When in doubt, check the company in the FIN-FSA supervised-entities register.

How we analyse the market

Every company here is registered with the FIN-FSA or passported in from elsewhere in the EU.

We track 10 of them on EUR to Canada, comparing rates, fees and the ways to pay in and collect, updated in real time on live searches.

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

This page covers the cheapest and fastest options for EUR/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.

Nothing appears without passing 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.