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Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 97.3% of the United Kingdom to Canada searches in the last 6 months, and was the top rated company out of 28 that support GBP to CAD.
So for a great blend of cost, speed & features, make your the 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 28 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 the United Kingdom: Remitly
Data collected through our comparison over the past six months shows that Remitly is 0.1% cheaper than the second-best option.
The cost is made up of an average fee of 0* GBP and an exchange rate for buying Canadian Dollar with Pound Sterling that is 0% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Canada transfer, Remitly offers value. We would still recommend searching for the amount you want to send to Canada.
*The most common fee applied to GBP-CAD by Remitly, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Canada: Paysend
Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Canadian Dollar in 42.7% of searches. This makes them well suited to urgent GBP to CAD money transfers.
The average fee for a GBP-Canadian Dollar transfer through Paysend is 0 GBP.
To get the 'fastest' option we compared 28 providers for overall speed of sending money from the United Kingdom to Canada - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Canada.
When speed matters, Paysend is your best choice for sending into Canada from the United Kingdom.
Sending a large amount of money?
Of the 28 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from United Kingdom to Canada, it's a great provider for things like buying or selling property.
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 1.7775 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 three months, the GBP-CAD mid-market rate has been 1.7785 CAD per Pound Sterling. This hit a high of 1.8128, and a low of 1.7131.
From the 28 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. Remitly has had an average fee of 0 GBP per transfer over the last 6 months. 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 six months, the exchange rate from GBP to CAD has seen some fluctuation. On average, it stood at 1.7785.
During this period, the highest value recorded was 1.8128, while the lowest was 1.7131.
Wise, which is our recommended service to send money online from United Kingdom to Canada offers an exchange rate that is only 0% 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 Remitly for transfers from the United Kingdom to Canada, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 28 we tested, the cheapest provider for bank transfers from GBP to Canada is Remitly.
With an average fee of GBP0 to send money from the United Kingdom to Canada, Remitly 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
Xe is the best money transfer company of the 28 compared for credit card transfers from the United Kingdom to Canada
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 document.
Money transfer company reviews
