How to send money to Canada from UK with the best GBP-CAD rate
Compare the best ways to send money from the United Kingdom to Canada. Explore the fastest, cheapest, and most reliable providers with the best GBP to CAD exchange rates.
Read on for the best deals, expert information, and all you need to send money to Canada from the United Kingdom.
Transferring the other way? Send CAD from Canada to United Kingdom instead.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
.svg)
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
The best option between the UK and Canada: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Sending 6,000 GBP to CAD will cost you £20.01 in fees, and you will receive 11,135.64 CAD. The delivery time is next day, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your United Kingdom to Canada transfer using Wise.
How to compare companies offering money transfers from United Kingdom to Canada
Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from the United Kingdom to Canada. This ensures the best price.
Choose a provider
Select the company that offers you the best value & options for sending to Canada.
Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from the United Kingdom to your chosen country & currency.
Summary of recent searches
Sending money from United Kingdom to Canada considerations
A comparison of providers offering services between the United Kingdom and Canada is the easiest way to ensure the best deal.
We've compared 18 providers that offer services for sending Pound Sterling to Canada.
This ensures you will get the best options for your transfer to Canada from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Canada.
Cheapest way to send money to Canada from United Kingdom is a bank transfer.
Data collected in the past week shows that Key Currency is 0.01% cheaper than the second-best option.
The £0 transfer fee represents the most common fee for GBP to CAD international transfers in the last 7 days.
If you want to secure the best rates on a GBP to Canada transfer, make sure you pick Key Currency to send your money online.
*The most common fee applied to GBP-CAD by Key Currency, based on data from the last 7 days.
Fastest way to transfer money from United Kingdom to Canada: Currencyflow
With Currencyflow , the transfer time to Canada is minutes - 24 hours, with a 0 GBP transfer fee (based on £6,000 transfer)
To get the 'fastest' option we compared 18 providers for overall speed of sending money from the United Kingdom to Canada - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Canada.
The best apps to send GBP to Canada from United Kingdom
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 18 apps & companies for GBP/CAD transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
App | Rating | Mobile wallet |
|---|---|---|
iOS: 4.8 / 4.4K reviews Android: 4.7 / 2.09K reviews | Yes (21 currencies) | |
iOS: 4.6 / 951 reviews Android: 3.7 / 1.06K reviews | Yes (17 currencies) | |
iOS: 4.9 / 2.3M reviews Android: 4.8 / 1.29M reviews | Yes (Remitly One) | |
iOS: 4.7 / 106 reviews Android: 4.8 / 835 reviews | No | |
iOS: 4.8 / 158K reviews Android: 4.8 / 1.52M reviews | Yes (40+ currencies) | |
iOS: 4.9 / 936K reviews Android: 4.8 / 3.64M reviews | Yes (39 currencies) |
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to Canada, they will keep you safe and relaxed while your money moves into CAD.
Understanding the costs involved when moving money from United Kingdom to Canada
The total cost of money transfers to Canada from the United Kingdom, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for GBP-CAD is 1.8607 CAD per Pound Sterling.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Pound Sterlings.
On average for the last week, the GBP-CAD mid-market rate has been 1.8534 CAD per Pound Sterling. This hit a high of 1.8623, and a low of 1.8489.
From the 18 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting GBP to CAD.
Fees: Some money transfers between the United Kingdom and Canada will be subject to fees. Key Currency has a fee of 0 GBP based on a 6,000 GBP transfer.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from the United Kingdom.
How to find the best exchange rate for Pound Sterling to Canadian Dollar
Timing is essential for sending money between GBP and CAD. The exchange rate you secure impacts how much CAD you get for your GBP.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from GBP to CAD has seen some fluctuation. On average, it stood at 1.8534.
During this period, the highest value recorded was 1.8623, while the lowest was 1.8489.
Wise, which is our recommended service to send money online from United Kingdom to Canada offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best GBP-Canadian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Canada!
Funding your United Kingdom to Canada transfer
Bank transfers
The default option for sending money from the United Kingdom to Canada is often a bank transfer.
Using a money transfer company such as Key Currency for transfers from the United Kingdom to Canada, allows for sending via a bank transfer while benefiting from lower fees and more favorable exchange rates.
From the 18 we tested, the cheapest provider for bank transfers from GBP to Canada is Key Currency.
With the fee of GBP0 to send money from the United Kingdom to Canada, Key Currency offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to Canada with a prepaid or debit card is easy with Wise.
Wise is a leader in accepting card payments for transfers between the United Kingdom and Canada.
Credit cards
We recommend using a bank transfer or a debit card deposit instead of a credit card, as many companies do not allow direct deposits with a credit card and are usually more expensive.
If you absolutely need to deposit with a credit card, we recommend running a to find the company that fits your needs.
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from United Kingdom
How much money can be transferred from United Kingdom to Canada?
Are there any tax implications to sending money from United Kingdom to Canada?
Can I send money from United Kingdom to Canada with MoneyTransfers.com?
What are the typical transfer fees for sending Pound Sterlings to Canada through various providers?
How long does it take to send money from United Kingdom to Canada?
What is the best exchange rate I can get for sending money from United Kingdom to Canada?
Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Canada?
Can I schedule regular transfers between United Kingdom and Canada?
Tools & resources
Contributors
