How to send money to Canada from the UK with the best GBP-CAD rate

We’ve compared 12 companies, and found WorldRemit to be the cheapest, while Revolut is the fastest.

Sending £6,000 gets you CA$11,389.72 with WorldRemit at 1.8986 CAD per GBP, about 0.25% more than the next best option.

Best companies for GBP/CAD transfers

12 of 12 providers

Last updated on 10 November 2026

Based on 6,000 GBP transfer

Best companies for GBP/CAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £19.94 1 GBP = 1.8986 CAD -0.01% vs mid-market Recipient gets $11,354.04 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
£19.941 GBP = 1.8986 CAD
$11,354.04You pay£6,000.00
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.8847 CAD +0.72% vs mid-market Recipient gets $11,308.20 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 GBP = 1.8847 CAD
$11,308.20You pay£6,000.00

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WorldRemit

Pay via Debit card
Fee £0.99 1 GBP = 1.8986 CAD -0.01% vs mid-market Recipient gets $11,389.72 Minutes - 2 days
Cheapest
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
£0.991 GBP = 1.8986 CAD
$11,389.72You pay£6,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8936 CAD +0.25% vs mid-market Recipient gets $11,361.75 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 GBP = 1.8936 CAD
$11,361.75You pay£6,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8932 CAD +0.27% vs mid-market Recipient gets $11,359.47 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 GBP = 1.8932 CAD
$11,359.47You pay£6,000.00

TorFx

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8927 CAD +0.30% vs mid-market Recipient gets $11,356.06 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 GBP = 1.8927 CAD
$11,356.06You pay£6,000.00

Wise

Pay via Bank transfer
Fee £19.94 1 GBP = 1.8986 CAD -0.01% vs mid-market Recipient gets $11,354.04 Next day
Our top pick
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
£19.941 GBP = 1.8986 CAD
$11,354.04You pay£6,000.00

OFX

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8889 CAD +0.50% vs mid-market Recipient gets $11,333.27 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 GBP = 1.8889 CAD
$11,333.27You pay£6,000.00

Currencies Direct

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8886 CAD +0.52% vs mid-market Recipient gets $11,331.60 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 GBP = 1.8886 CAD
$11,331.60You pay£6,000.00

Wise

Pay via Debit card
Fee £38.93 1 GBP = 1.8986 CAD -0.01% vs mid-market Recipient gets $11,317.99 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
£38.931 GBP = 1.8986 CAD
$11,317.99You pay£6,000.00

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.8847 CAD +0.72% vs mid-market Recipient gets $11,308.20 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 GBP = 1.8847 CAD
$11,308.20You pay£6,000.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8847 CAD +0.72% vs mid-market Recipient gets $11,308.20 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 GBP = 1.8847 CAD
$11,308.20You pay£6,000.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 1.8847 CAD +0.72% vs mid-market Recipient gets $11,308.20 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 GBP = 1.8847 CAD
$11,308.20You pay£6,000.00

CurrencyFair

Pay via Bank transfer
Fee £2.11 1 GBP = 1.8850 CAD +0.71% vs mid-market Recipient gets $11,306.00 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
£2.111 GBP = 1.8850 CAD
$11,306.00You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £50.55 1 GBP = 1.8959 CAD +0.13% vs mid-market Recipient gets $11,279.50 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
£50.551 GBP = 1.8959 CAD
$11,279.50You pay£6,000.00

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.

Moneycorp

Pay via Bank transfer
Fee £0.00 1 GBP = 1.8718 CAD +1.40% vs mid-market Recipient gets $11,230.76 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 1.8718 CAD
$11,230.76You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £4.99 1 GBP = 1.8713 CAD +1.44% vs mid-market Recipient gets $11,227.80 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.8713 CAD
$11,227.80You pay£6,004.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.8485 CAD
$11,091.00You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £4.99 1 GBP = 1.8645 CAD +1.80% vs mid-market Recipient gets $11,187.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.8645 CAD
$11,187.00You pay£6,004.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.8485 CAD
$11,091.00You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £4.99 1 GBP = 1.8645 CAD +1.80% vs mid-market Recipient gets $11,187.00 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.8645 CAD
$11,187.00You pay£6,004.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
Free1 GBP = 1.8485 CAD
$11,091.00You pay£6,000.00

Wise

Pay via Credit card
Fee £152.81 1 GBP = 1.8986 CAD -0.01% vs mid-market Recipient gets $11,101.77 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
£152.811 GBP = 1.8986 CAD
$11,101.77You pay£6,000.00
How Our Results Work
Mid-market rate: 1 GBP = 1.8984 CAD Updates every 60 minutes.

How to send money from UK to Canada

Pick a company

For a one-off GBP transfer to Canada, I suggest picking the cheapest option which is WorldRemit.

WorldRemit was the cheapest on 21 of the 21 days it quoted £6,000 transfers to Canada.

On a 6,000 GBP transfer, WorldRemit delivers the most CAD.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/CAD rate.

Fund your transfer

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

Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £6,000 transfer the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Canada?

How much GBP 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 WorldRemit was the cheapest in 100% of the transfers from £6,000 it quoted, and in 86% of all the transfers it quoted.

Cheapest service
£500-0.01%£0.99$947.42with debit card to bank deposit+$22.45
£6000.02%£0.99$1,137.16with debit card to bank deposit+$24.49
£1,0000.00%£0.99$1,896.57with debit card to bank deposit+$36.02
£2,0000.01%£0.99$3,794.92with debit card to bank deposit+$37.81
£6,000This page-0.01%£0.99$11,389.72with debit card to bank deposit+$98.15
£10,0000.19%£0.00$18,948.00with debit card to bank deposit+$146.25
£50,0000.16%£0.00$94,775.00with bank transfer to bank deposit+$526.53
£250,0000.15%£0.00$474,010.42with bank transfer to bank deposit+$1,558.52

Mid-market rate: 1 GBP = 1.8984 CAD

GBP/CAD Exchange Rate History

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

The cheapest way to send GBP 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 WorldRemit), across 30 days of comparisons for 6,000 GBP transfers to Canada.

CAD received for £6,000, after fees

Tue, 10 Nov 2026Mid-market rate$11,390.23 WorldRemit $11,389.72 With a bank No quoteWorldRemit$11,389.72Key Currency$11,361.75Regency FX$11,359.47Extra cost of a bankNo quote

10,800
10,900
11,000
11,100
11,200
11,300
11,400
11,500
At the mid-market rateWith the cheapest optionWith a bankWorldRemitKey CurrencyRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8879 – $11,327.62
WorldRemit Cheapest 1.8882 £0.99 $11,327.33 −$0.29
Key Currency 1.8832 £0.00 $11,299.30 −$28.32
Regency FX 1.8828 £0.00 $11,297.03 −$30.59
Barclays 1.8354 £0.00 $11,012.12 −$315.50
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.8879 £19.94 $11,289.58 –
Barclays 1.8353 £0.00 $11,011.94 –
WorldRemit No quote collected this day – – – –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8764 – $11,258.22
Key Currency Cheapest 1.8717 £0.00 $11,230.07 −$28.15
Regency FX 1.8713 £0.00 $11,227.82 −$30.40
Barclays 1.8256 £0.00 $10,953.58 −$304.64
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8826 – $11,295.44
Key Currency Cheapest 1.8779 £0.00 $11,267.21 −$28.23
Regency FX 1.8775 £0.00 $11,264.95 −$30.49
Barclays 1.8256 £0.00 $10,953.58 −$341.86
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8872 – $11,323.02
Key Currency Cheapest 1.8825 £0.00 $11,294.71 −$28.31
Regency FX 1.8821 £0.00 $11,292.45 −$30.57
WorldRemit No quote collected this day – – – –
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8825 – $11,294.72
WorldRemit Cheapest 1.8848 £0.99 $11,306.93 +$12.21
Key Currency 1.8777 £0.00 $11,266.48 −$28.24
Regency FX 1.8774 £0.00 $11,264.22 −$30.50
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit Cheapest 1.8848 £0.99 $11,306.93 –
HSBC 1.8687 £0.00 $11,212.13 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8778 – $11,266.52
Key Currency Cheapest 1.8731 £0.00 $11,238.36 −$28.16
Regency FX 1.8727 £0.00 $11,236.10 −$30.42
Barclays 1.8244 £0.00 $10,946.66 −$319.86
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 1.8769 £19.94 $11,224.15 –
Barclays 1.8244 £0.00 $10,946.66 –
WorldRemit No quote collected this day – – – –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8823 – $11,293.55
Key Currency Cheapest 1.8776 £0.00 $11,265.31 −$28.24
Regency FX 1.8772 £0.00 $11,263.06 −$30.49
WorldRemit No quote collected this day – – – –
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8800 – $11,280.28
Key Currency Cheapest 1.8753 £0.00 $11,252.08 −$28.20
Regency FX 1.8750 £0.00 $11,249.83 −$30.45
Barclays 1.8282 £0.00 $10,969.39 −$310.89
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8754 – $11,252.12
WorldRemit Cheapest 1.8742 £0.99 $11,243.34 −$8.78
Key Currency 1.8707 £0.00 $11,223.99 −$28.13
Regency FX 1.8703 £0.00 $11,221.74 −$30.38
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8728 – $11,236.59
WorldRemit Cheapest 1.8719 £0.99 $11,229.55 −$7.04
Key Currency 1.8681 £0.00 $11,208.50 −$28.09
Regency FX 1.8677 £0.00 $11,206.25 −$30.34
Barclays 1.8229 £0.00 $10,937.56 −$299.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8728 – $11,236.59
WorldRemit Cheapest 1.8719 £0.99 $11,229.55 −$7.04
Key Currency 1.8681 £0.00 $11,208.50 −$28.09
Regency FX 1.8677 £0.00 $11,206.25 −$30.34
Barclays 1.8229 £0.00 $10,937.56 −$299.03
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit Cheapest 1.8725 £0.99 $11,233.45 –
Barclays 1.8213 £0.00 $10,927.75 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8684 – $11,210.57
WorldRemit Cheapest 1.8685 £0.99 $11,209.15 −$1.42
Key Currency 1.8638 £0.00 $11,182.55 −$28.02
Regency FX 1.8634 £0.00 $11,180.31 −$30.26
Barclays 1.8182 £0.00 $10,909.01 −$301.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8689 – $11,213.48
WorldRemit Cheapest 1.8681 £0.99 $11,206.75 −$6.73
HSBC 1.8529 £0.00 $11,117.68 −$95.80
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8643 – $11,185.85
WorldRemit Cheapest 1.8621 £0.99 $11,170.76 −$15.09
Key Currency 1.8596 £0.00 $11,157.88 −$27.97
Regency FX 1.8593 £0.00 $11,155.65 −$30.20
Barclays 1.8141 £0.00 $10,884.81 −$301.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8719 – $11,231.62
WorldRemit Cheapest 1.8717 £0.99 $11,228.05 −$3.57
Key Currency 1.8673 £0.00 $11,203.54 −$28.08
Regency FX 1.8669 £0.00 $11,201.29 −$30.33
Barclays 1.8223 £0.00 $10,933.62 −$298.00
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit Cheapest 1.8711 £0.99 $11,224.75 –
Barclays 1.8198 £0.00 $10,918.76 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8722 – $11,232.98
WorldRemit Cheapest 1.8711 £0.99 $11,224.75 −$8.23
Key Currency 1.8675 £0.00 $11,204.90 −$28.08
Regency FX 1.8671 £0.00 $11,202.65 −$30.33
Barclays 1.8198 £0.00 $10,918.76 −$314.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8750 – $11,249.89
WorldRemit Cheapest 1.8746 £0.99 $11,245.74 −$4.15
Key Currency 1.8703 £0.00 $11,221.77 −$28.12
Regency FX 1.8699 £0.00 $11,219.52 −$30.37
Barclays 1.8198 £0.00 $10,918.76 −$331.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8738 – $11,242.70
WorldRemit Cheapest 1.8737 £0.99 $11,240.35 −$2.35
Key Currency 1.8691 £0.00 $11,214.59 −$28.11
Regency FX 1.8687 £0.00 $11,212.34 −$30.36
Barclays 1.8225 £0.00 $10,934.98 −$307.72
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit Cheapest 1.8815 £0.99 $11,286.84 –
Barclays 1.8225 £0.00 $10,934.98 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8800 – $11,279.81
Key Currency Cheapest 1.8753 £0.00 $11,251.61 −$28.20
Regency FX 1.8749 £0.00 $11,249.36 −$30.45
WorldRemit No quote collected this day – – – –
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8842 – $11,305.42
WorldRemit Cheapest 1.8854 £0.99 $11,310.53 +$5.11
Key Currency 1.8795 £0.00 $11,277.16 −$28.26
Regency FX 1.8791 £0.00 $11,274.90 −$30.52
Barclays 1.8350 £0.00 $11,010.18 −$295.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8851 – $11,310.85
WorldRemit Cheapest 1.8863 £0.99 $11,316.23 +$5.38
Key Currency 1.8804 £0.00 $11,282.57 −$28.28
Regency FX 1.8801 £0.00 $11,280.31 −$30.54
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8865 – $11,318.93
WorldRemit Cheapest 1.8863 £0.99 $11,316.23 −$2.70
HSBC 1.8697 £0.00 $11,218.20 −$100.73
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8872 – $11,322.97
WorldRemit Cheapest 1.8873 £0.99 $11,321.93 −$1.04
Key Currency 1.8824 £0.00 $11,294.66 −$28.31
Regency FX 1.8821 £0.00 $11,292.40 −$30.57
Barclays 1.8341 £0.00 $11,004.46 −$318.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.8984 – $11,390.23
WorldRemit Cheapest 1.8986 £0.99 $11,389.72 −$0.51
Key Currency 1.8936 £0.00 $11,361.75 −$28.48
Regency FX 1.8932 £0.00 $11,359.47 −$30.76
Bank No quote collected this day – – – –

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

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 GBP than the mid-market rate can offer.

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

In the past month, a money transfer company beat the mid-market rate on 3 of the last 30 days.

Right now, WorldRemit pays 11,389.72 CAD on 6,000 GBP, which is 0.51 CAD less than the mid-market amount.

Today's payout is the highest in the past month.

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 238 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. WorldRemitAppeared in 115 comparisons

    Cheapest in 86% of them

  2. Key CurrencyAppeared in 107 comparisons

    Cheapest in 71% of them

  3. Regency FXAppeared in 107 comparisons

    Never the cheapest

Based on 238 comparisons across 8 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 WorldRemit is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from the UK to Canada

There are many ways to send money to Canada from the UK, including currency broker, app, online, multi-currency account, global business account, and in person, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Canada, say weekly or monthly, an app like WorldRemit is the easiest and cheapest way to do it.

It charges £0.99 in fees, has -0.01% markup, lets you save recipient details, and CAD will arrive in minutes.

Over the past month, WorldRemit was the cheapest app on 100% of the days it appeared for £6,000 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized CAD transfers, around £1,000 - £5,000.

Online companies like Wise often have higher limits and/or first time promos.

Of the 12 companies we compared, Wise is the cheapest online service and will get you CA$11,354.04 on a £6,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 27 of the 29 days it quoted.

For large transfers

Brokers

Currency brokers like Key Currency are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Canada, and real human support.

Key Currency charges no fees on large transfers, but adds 0.25% markup on top of the current GBP/CAD rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Key Currency was the cheapest broker in 90% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Canadian Dollars abroad like a local.

Wise offers the best multi-currency account.

With it, converting £6,000 to CAD will get you CA$11,354.04 after fees.

If you don’t have CAD in your account, your GBP will auto-convert whenever you pay with Wise in Canada.

Once you have CAD in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).

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

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Canada, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive CAD in Canada

Pay-in and pay-out methods will affect how much GBP you deposit and how much CAD your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £6,000 to Canada is via WorldRemit, using a debit card to deposit GBP and bank deposit to receive CAD.

Depositing GBP

You have 3 pay-in options for transfers to Canada, including bank transfer, debit card, and credit card.

The cheapest pay-in option is bank transfer.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is credit card.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Canada

Money can reach Canada by bank deposit and cash pickup, and each delivery method comes with its own fees.

The cheapest way to receive money in Canada is with bank deposit on average.

Receiving cash

MoneyGram is the cheapest option for cash pickup (getting you CA$11,227.80 on a £6,000 transfer).

Digital wallets

Your recipient can receive CAD directly into a digital wallet (like PayPal or similar) which usually takes a few minutes to arrive.

  1. 1
    Debit card Bank deposit

    You pay £6,000.00

    CA$11,390

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay £6,000.00

    CA$11,362

    -CA$28

  3. 3
    Credit card Bank deposit

    You pay £6,000.00

    CA$11,308

    -CA$82

  4. 4
    Bank transfer Cash pickup

    You pay £6,004.99

    CA$11,228

    -CA$162

  5. 5
    Debit card Cash pickup

    You pay £6,004.99

    CA$11,187

    -CA$203

Show moreShow less
  1. 6
    Credit card Cash pickup

    You pay £6,004.99

    CA$11,187

    -CA$203

Consider this when sending GBP to Canada

There are a few nuances you should consider before sending GBP to Canada such as limits, taxes, and safety.

Compare GBP/CAD transfer options

Right now, these are the best money transfer options for a £6,000 transfer to Canada:

Cheapest way to send money to Canada

The cheapest way is to use WorldRemit, pay in with a debit card and withdraw via bank deposit. You will get CA$11,389.72, which is 0.25% more than the next best option.

Fastest way to send money to Canada

The fastest way is to use Revolut via bank transfer deposit and bank deposit for pay out. You get CA$11,279.50 and it will arrive in within minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/CAD transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £6,000 with WorldRemit will get you 11,389.72 CAD, that’s including £0.99 fee and -0.01% in exchange rate markup.

Taxes on money transfers

There is no UK tax for the act of sending money to Canada.

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 12 regulated companies offering money transfers from the UK to Canada in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/CAD pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 238 comparisons across 8 amounts.

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

More on how we work:

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