How to send money to Canada from Israel with the best ILS-CAD rate

Regency FX is the fastest option to send ILS to Canada, Wise has the best ILS/CAD exchange rate, Key Currency offers the lowest fees, and the overall cheapest way to send 25,000 ILS is with Key Currency.

Best companies for ILS/CAD transfers

6 of 6 providers

Last updated on 28 October 2026

Based on 25,000 ILS transfer

Best companies for ILS/CAD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee ₪120.07 1 ILS = 0.4560 CAD 0.00% vs mid-market Recipient gets $11,345.82 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
₪120.071 ILS = 0.4560 CAD
$11,345.82You pay₪25,000.00
Promoted

Xe

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4488 CAD +1.60% vs mid-market Recipient gets $11,220.00 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 ILS = 0.4488 CAD
$11,220.00You pay₪25,000.00

Run a live search

Showing top Israel to Canada deals for 25,000 ILS. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4549 CAD +0.25% vs mid-market Recipient gets $11,372.45 Minutes - 3 days
Cheapest
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 ILS = 0.4549 CAD
$11,372.45You pay₪25,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4548 CAD +0.27% vs mid-market Recipient gets $11,370.17 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 ILS = 0.4548 CAD
$11,370.17You pay₪25,000.00

Wise

Pay via Bank transfer
Fee ₪120.07 1 ILS = 0.4560 CAD 0.00% vs mid-market Recipient gets $11,345.82 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
₪120.071 ILS = 0.4560 CAD
$11,345.82You pay₪25,000.00

Currencies Direct

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4528 CAD +0.71% vs mid-market Recipient gets $11,320.00 Minutes - 24 hours
Fastest
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 ILS = 0.4528 CAD
$11,320.00You pay₪25,000.00

Moneycorp

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4497 CAD +1.40% vs mid-market Recipient gets $11,241.34 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 ILS = 0.4497 CAD
$11,241.34You pay₪25,000.00

Xe

Pay via Bank transfer
Fee ₪0.00 1 ILS = 0.4488 CAD +1.60% vs mid-market Recipient gets $11,220.00 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 ILS = 0.4488 CAD
$11,220.00You pay₪25,000.00
How Our Results Work
Mid-market rate: 1 ILS = 0.4560 CAD Updates every 60 minutes.

How to send money from Israel to Canada

Pick a company

If it's your first transfer to Canada, start with Key Currency which is the cheapest option for sending ₪25,000.

Key Currency was the cheapest on 29 of the 29 days it quoted ₪25,000 transfers to Canada.

If you're planning to send less or more, I suggest to get the best ILS/CAD deal.

Fund your transfer

There are 1 ways to pay, including bank transfer.

Bit is Israel-only, so it can't reach an account abroad.

A transfer from your Israeli bank account is the usual way to deposit money to a money transfer company.

Verify and send

First time round you'll need your teudat zehut or passport.

If you're making a large transfer, tell your bank about it in advance, and keep your source-of-funds papers together.

Compare amounts

How much ILS are you sending to Canada?

How much ILS 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 Key Currency was the cheapest in 100% of the transfers from ₪25,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
₪3,5000.00%₪21.62$1,582.38with bank transfer to bank deposit+$7.61
₪12,000-0.02%₪60.54$5,430.97with bank transfer to bank deposit+$23.56
₪25,000This page0.25%₪0.00$11,372.45with bank transfer to bank deposit+$60.82
₪35,0000.25%₪0.00$15,907.74with bank transfer to bank deposit+$73.63

Mid-market rate: 1 ILS = 0.4560 CAD

ILS/CAD Exchange Rate History

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

The cheapest way to send ILS 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 Key Currency), across 30 days of comparisons for 25,000 ILS transfers to Canada.

CAD received for ₪25,000, after fees

Wed, 28 Oct 2026Mid-market rate$11,400.95 Key Currency $11,372.45Key Currency$11,372.45Regency FX$11,370.17Wise$11,345.82

11,100
11,200
11,300
11,400
11,500
11,600
11,700
11,800
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXWise
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4624 – $11,560.53
Key Currency Cheapest 0.4613 ₪0.00 $11,531.62 −$28.91
Regency FX 0.4612 ₪0.00 $11,529.31 −$31.22
Wise 0.4624 ₪120.07 $11,503.61 −$56.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4626 – $11,565.48
Key Currency Cheapest 0.4615 ₪0.00 $11,536.56 −$28.92
Regency FX 0.4614 ₪0.00 $11,534.25 −$31.23
Wise 0.4627 ₪120.07 $11,512.94 −$52.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4635 – $11,587.38
Key Currency Cheapest 0.4623 ₪0.00 $11,558.41 −$28.97
Regency FX 0.4622 ₪0.00 $11,556.09 −$31.28
Wise 0.4635 ₪120.07 $11,531.37 −$56.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4637 – $11,593.73
Key Currency Cheapest 0.4626 ₪0.00 $11,564.74 −$28.99
Regency FX 0.4625 ₪0.00 $11,562.42 −$31.31
Wise 0.4638 ₪120.07 $11,539.16 −$54.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4668 – $11,670.18
Key Currency Cheapest 0.4656 ₪0.00 $11,641.00 −$29.18
Regency FX 0.4655 ₪0.00 $11,638.67 −$31.51
Wise 0.4666 ₪120.07 $11,608.70 −$61.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4668 – $11,671.00
Key Currency Cheapest 0.4657 ₪0.00 $11,641.82 −$29.18
Regency FX 0.4656 ₪0.00 $11,639.49 −$31.51
Wise 0.4666 ₪120.07 $11,608.70 −$62.30
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 0.4674 ₪120.07 $11,628.48 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4674 – $11,685.05
Key Currency Cheapest 0.4662 ₪0.00 $11,655.84 −$29.21
Regency FX 0.4661 ₪0.00 $11,653.50 −$31.55
Wise 0.4674 ₪120.07 $11,628.85 −$56.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4665 – $11,663.03
Key Currency Cheapest 0.4654 ₪0.00 $11,633.87 −$29.15
Regency FX 0.4653 ₪0.00 $11,631.53 −$31.49
Wise 0.4665 ₪120.07 $11,606.24 −$56.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4629 – $11,571.70
Key Currency Cheapest 0.4617 ₪0.00 $11,542.77 −$28.93
Regency FX 0.4616 ₪0.00 $11,540.46 −$31.24
Wise 0.4629 ₪120.07 $11,517.87 −$53.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4654 – $11,634.18
Key Currency Cheapest 0.4642 ₪0.00 $11,605.09 −$29.08
Regency FX 0.4641 ₪0.00 $11,602.76 −$31.41
Wise 0.4654 ₪120.07 $11,578.15 −$56.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4656 – $11,638.83
Key Currency Cheapest 0.4644 ₪0.00 $11,609.73 −$29.10
Regency FX 0.4643 ₪0.00 $11,607.40 −$31.43
Wise 0.4657 ₪120.07 $11,586.14 −$52.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4656 – $11,638.83
Key Currency Cheapest 0.4644 ₪0.00 $11,609.73 −$29.10
Regency FX 0.4643 ₪0.00 $11,607.40 −$31.43
Wise 0.4657 ₪120.07 $11,586.14 −$52.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4651 – $11,626.88
Key Currency Cheapest 0.4639 ₪0.00 $11,597.81 −$29.07
Regency FX 0.4638 ₪0.00 $11,595.48 −$31.40
Wise 0.4651 ₪120.07 $11,570.69 −$56.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4633 – $11,581.95
Key Currency Cheapest 0.4621 ₪0.00 $11,553.00 −$28.95
Regency FX 0.4620 ₪0.00 $11,550.68 −$31.27
Wise 0.4633 ₪120.07 $11,526.52 −$55.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4631 – $11,577.18
Key Currency Cheapest 0.4619 ₪0.00 $11,548.23 −$28.95
Regency FX 0.4618 ₪0.00 $11,545.92 −$31.26
Wise 0.4631 ₪120.07 $11,521.92 −$55.26
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4584 – $11,459.03
Key Currency Cheapest 0.4572 ₪0.00 $11,430.38 −$28.65
Regency FX 0.4571 ₪0.00 $11,428.09 −$30.93
Wise 0.4583 ₪120.07 $11,402.94 −$56.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4587 – $11,467.20
Key Currency Cheapest 0.4575 ₪0.00 $11,438.53 −$28.67
Regency FX 0.4574 ₪0.00 $11,436.24 −$30.96
Wise 0.4587 ₪120.07 $11,413.24 −$53.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4575 – $11,437.07
Key Currency Cheapest 0.4563 ₪0.00 $11,408.48 −$28.59
Regency FX 0.4562 ₪0.00 $11,406.19 −$30.88
Wise 0.4543 ₪120.07 $11,302.26 −$134.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4575 – $11,437.07
Key Currency Cheapest 0.4563 ₪0.00 $11,408.48 −$28.59
Regency FX 0.4562 ₪0.00 $11,406.19 −$30.88
Wise 0.4543 ₪120.07 $11,302.26 −$134.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4531 – $11,327.57
Key Currency Cheapest 0.4520 ₪0.00 $11,299.26 −$28.31
Regency FX 0.4519 ₪0.00 $11,296.99 −$30.58
Wise 0.4531 ₪120.07 $11,272.05 −$55.52
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4534 – $11,335.20
Key Currency Cheapest 0.4523 ₪0.00 $11,306.86 −$28.34
Regency FX 0.4522 ₪0.00 $11,304.59 −$30.61
Wise 0.4534 ₪120.07 $11,281.06 −$54.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4549 – $11,373.65
Key Currency Cheapest 0.4538 ₪0.00 $11,345.22 −$28.43
Regency FX 0.4537 ₪0.00 $11,342.94 −$30.71
Wise 0.4549 ₪120.07 $11,318.43 −$55.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4515 – $11,287.93
Key Currency Cheapest 0.4504 ₪0.00 $11,259.71 −$28.22
Regency FX 0.4503 ₪0.00 $11,257.45 −$30.47
Wise 0.4515 ₪120.07 $11,234.41 −$53.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4504 – $11,261.07
Key Currency Cheapest 0.4493 ₪0.00 $11,232.92 −$28.15
Regency FX 0.4492 ₪0.00 $11,230.67 −$30.40
Wise 0.4505 ₪120.07 $11,208.61 −$52.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4509 – $11,272.15
Key Currency Cheapest 0.4498 ₪0.00 $11,243.97 −$28.18
Regency FX 0.4497 ₪0.00 $11,241.72 −$30.43
Wise 0.4510 ₪120.07 $11,221.07 −$51.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4509 – $11,272.15
Key Currency Cheapest 0.4498 ₪0.00 $11,243.97 −$28.18
Regency FX 0.4497 ₪0.00 $11,241.72 −$30.43
Wise 0.4510 ₪120.07 $11,221.07 −$51.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4507 – $11,267.98
Key Currency Cheapest 0.4496 ₪0.00 $11,239.81 −$28.17
Regency FX 0.4495 ₪0.00 $11,237.55 −$30.43
Wise 0.4508 ₪120.07 $11,215.10 −$52.88
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4556 – $11,390.07
Key Currency Cheapest 0.4545 ₪0.00 $11,361.60 −$28.47
Regency FX 0.4544 ₪0.00 $11,359.32 −$30.75
Wise 0.4558 ₪120.07 $11,339.60 −$50.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.4560 – $11,400.95
Key Currency Cheapest 0.4549 ₪0.00 $11,372.45 −$28.50
Regency FX 0.4548 ₪0.00 $11,370.17 −$30.78
Wise 0.4560 ₪120.07 $11,345.82 −$55.13

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ₪25,000, after fees, as quoted by each company. The mid-market line shows what ₪25,000 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 ILS 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 Israel.

Right now, Key Currency pays 11,372.45 CAD on 25,000 ILS, which is 28.5 CAD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 11,655.84 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 78 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Key CurrencyAppeared in 45 comparisons

    Cheapest every time

  2. Regency FXAppeared in 45 comparisons

    Never the cheapest

  3. WiseAppeared in 78 comparisons

    Cheapest in 41% of them

Based on 78 comparisons across 4 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 Key Currency is the cheapest and gets you the most CAD, and it was also the cheapest in 100% of the 45 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Canada.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Canada.

Ways to send money from Israel to Canada

There are 5 ways to send money from Israel to Canada across 6 companies.

Small regular transfers

Online transfers

Online services and money transfer apps suit monthly bills, family support and other repeat payments to Canada.

Wise charges ₪120.07 to send 25,000 ILS.

Your recipient gets 11,345.82 CAD after a 0.01% markup on ILS/CAD.

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

Property and other large transfers

Currency brokers

A broker can help with the exchange rate and paperwork when you are sending a large amount of ILS to Canada.

Key Currency converts ILS to CAD with a 0.25% exchange-rate markup and gives you someone to contact throughout the transfer.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from ₪25,000 it quoted.

Income and bills in different currencies

Multi-currency accounts

A multi-currency account is useful if you earn in shekels but regularly spend in CAD.

Wise converts 25,000 ILS with a 0.01% exchange-rate markup and lets you hold the CAD until you need it.

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

Useful for spending in CAD, traveling to Canada, or receiving payments from abroad.

Freelancers billing clients

Global accounts

Global accounts help Israeli freelancers and businesses receive income in CAD and pay contractors in Canada.

Wise Business and Payoneer handle invoices, payouts, batch payments, and much more.

Ways to fund ILS and receive CAD in Canada

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending ₪25,000 gives your recipient 11,372.45 CAD.

You can deposit ILS through bank transfer.

Bit and PayBox only move shekels within Israel, so they cannot send money to Canada.

You can pay from your Israeli bank account

Use the Israeli account details provided for top-up and include the exact transfer reference.

For larger transfers, have proof of salary, a property sale or another source of funds ready before the bank asks.

Your recipient can get the money via bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay ₪25,000.00

    CA$11,372

    Cheapest

Consider this before sending ILS to Canada

Israel does not cap ordinary foreign-currency transfers, but bank exchange-rate margins and source-of-funds checks can make the route expensive or slow.

Compare transfer options to Canada

For an ILS 25,000 transfer to Canada, start with the amount received.

  1. Cheapest is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 11,372.45 CAD, which is 0.02% more than the next best option.

  2. Fastest is Regency FX using bank transfer and bank deposit. The recipient gets 11,370.17 CAD in minutes - 24 hours.

Transfer limits from Israel

Israel removed quantitative foreign-exchange controls, so there is no annual personal allowance limiting a normal transfer of ILS abroad.

Your bank or money transfer company can still set a daily limit and ask for documents before releasing the payment.

How we analyse the market

Israel has no deposit insurance scheme, so a company's licence and how it holds client money matter more here than most places. We check both.

In the past 30 days alone, we analysed 78 comparisons across 4 amounts.

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

We track 6 of them on ILS to Canada in real time on live searches, comparing rates, fees and the ways to pay and collect, and each goes through our review.

More on who we are, why you can trust us and getting started.

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