.svg)
Send money from United States to Canada
"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."
"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."
.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."
"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."
"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."
"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."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
BarclaysRecipient gets (CAD)$9,289.13Not recommended
HSBCRecipient gets (CAD)$9,279.54Not recommended
Capital OneRecipient gets (CAD)$9,220.78Not recommended
PayPalRecipient gets (CAD)$8,842.73Not recommended
"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."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Transferring 7,000 USD to CAD will cost you $26.9 in fees, and you will receive 9,567.44 CAD. The delivery time is next day, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your the United States to Canada transfer using Wise.
How to compare deals on your United States to Canada transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States to Canada.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Canada from the United States.
Summary of recent searches
Sending money from United States to Canada considerations
A comparison of providers offering services between the United States and Canada is the easiest way to ensure the best deal.
We've compared 18 providers that offer services for sending US Dollar to Canada.
This ensures you will get the best options for your transfer to Canada from the United States.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to Canada.
Cheapest way to send money to Canada from the United States: Key Currency
Data collected through our comparison over the past week shows that Key Currency is 0.01% cheaper than the second-best option.
The cost is made up of a fee of 0 USD and an exchange rate for buying Canadian Dollar with US Dollar that is 0.25% different to the mid-market rate.
If you want to secure the best rates on a United States to Canada transfer, Key Currency offers value. We would still recommend searching for the amount you want to send to Canada.
Fastest way to send money to Canada from the United States: Currencyflow
Our comparison shows Currencyflow is the fastest option for sending US Dollar into Canadian Dollar 100% of the time. For urgent USD to CAD money transfers, they’re our recommended choice.
A USD-Canadian Dollar transfer through Currencyflow comes with an average 0 USD fee.
To ensure Currencyflow was the 'fastest' option we compared 18 providers. This comparison was for overall speed of sending money from the United States to Canada and is a combination of depositing US Dollar, transfer times to Canada and withdrawal timeframes where applicable.
When speed is a priority, Currencyflow is the top choice for sending into Canada from the United States.
Sending a large amount of money?
Of the 18 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 States to Canada, it's a great provider for things like buying or selling property.
Sending business payments from the USA to Canada
International businesses sending money from the USA from Canada have a need to manage currency risk, hold local currency and often make batch payments to staff or suppliers.
Airwallex, in particular, offers strong business support between the USA and Canada.
This includes exchange rates of 0.5% and support for transactions in up to 70 currencies.
For a full list of options for sending business payments from the US to Canada, we recommend carrying out a business specific search.
Understanding the costs involved when moving money from United States to Canada
The total cost of money transfers to Canada from the United States, 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 USD-CAD is 1.3623 CAD per US Dollar.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your US Dollars.
On average for the last week, the USD-CAD mid-market rate has been 1.3725 CAD per US Dollar. This hit a high of 1.3751, and a low of 1.3698.
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 USD to CAD.
Fees: Some money transfers between the United States and Canada will be subject to fees. Key Currency has a fee of 0 USD based on a 7,000 USD 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 States.
How to find the best exchange rate for US Dollar to Canadian Dollar
Timing is essential for sending money between USD and CAD. The exchange rate you secure impacts how much CAD you get for your USD.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from USD to CAD has seen some fluctuation. On average, it stood at 1.3725.
During this period, the highest value recorded was 1.3751, while the lowest was 1.3698.
Wise, which is our recommended service to send money online from United States to Canada offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best USD-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 States to Canada!
United States to Canada money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Canada.
A money transfer company like Key Currency offer bank transfers between the United States and Canada with lower fees and better exchange rates than you would get from a traditional bank.
On average, Key Currency is the cheapest provider for bank transfers of the 18 we tested when sending USD to Canada.
Key Currency has a fee of 0 USD for money transfersfrom the United States to Canada. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to Canada with a debit or a prepaid card is very simple with Xe.
Xe is a leader in debit card payments for transfers from the United States to Canada, competing among a total of 18 active money transfer companies on this route.
Credit cards
We recommend avoiding credit cards where possible due to a lack of support and high fees.If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 States.
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 States to Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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
