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Companies for transfers from Canada to Ethiopia
"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."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Ethiopia searches, and was the top rated company out of 10 that support CAD to ETB.
So for a great mix of cost, speed & features, make your Canada to Ethiopia transfer using Wise.
How to get the best deal on your Canada to Ethiopia transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Ethiopia.
- 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 your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Ethiopia
Don't settle for the first option. Always compare ways to send money from Canada to Ethiopia to find out about fees, speed, and reliability.
Our analysis included 10 providers that operate between Canada and Ethiopia.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Ethiopia.
Cheapest way to send money to Ethiopia from Canada: Dahabshiil
Data collected over the past six months shows that Dahabshiil is 0.5% cheaper than the second-best option.
The $3.99 transfer cost represents the most common fee for CAD to ETB international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Ethiopia transfer, make sure you pick Dahabshiil to send your money online.
*The most common fee applied to CAD-ETB by Dahabshiil, based on data from the past six months.
Fastest way to send money from Canada to Ethiopia: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Ethiopia in 79.4% of searches. This makes them well suited to urgent CAD to ETB money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Ethiopia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Ethiopia from Canada in 79.4% of the searches on MoneyTransfers.com over the past six months.
Need to send over 10,000 AUD?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Ethiopia, it’s the provider that will keep you safe and relaxed while your money moves into ETB.
Understanding the costs involved when moving money from Canada to Ethiopia
When calculating the costs of money transfers between Canada and Ethiopia, here's what really matters:
The Mid-Market Rate: Today, the CAD-ETB mid-market rate equals to 96.2829 ETB per Canadian Dollar.
The CAD-ETB average exchange rate for the past three months has been 88.6936 ETB per Canadian Dollar, with a high of 91.3032 and a low of 85.8982.
When looking to send money, we'd recommend Wise. On average Wise is 0.03% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to ETB.
How to find the best exchange rate for Canadian Dollar to Ethiopian Birr
Timing is essential for sending money between CAD and ETB. The exchange rate you secure impacts how much ETB you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to ETB has seen some fluctuation. On average, it stood at 88.6936.
During this period, the highest value recorded was 91.3032, while the lowest was 85.8982.
Wise, which is our recommended service to send money online from Canada to Ethiopia offers an exchange rate that is only 0.03% above the mid-market rate.
Want to secure the best CAD-Ethiopian Birr exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Ethiopia!
Payment methods available to fund your Canada to Ethiopia transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Ethiopia.
By using a money transfer company such as Dahabshiil for transfers from Canada to Ethiopia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Dahabshiil is the cheapest provider for bank transfers from the 10 we tested when sending CAD to Ethiopia.
With an average fee of CAD3.99 to send money from Canada to Ethiopia, Dahabshiil offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Ethiopia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Ethiopia, competing among a total of 10 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Canada to Ethiopia, emerges as our top choice of the 10 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. 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 Ethiopia and Canada.
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 Canada to Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
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