MoneyTransfers

How to send money to UK from Canada with the best CAD-GBP rate

Get the best deals when you transfer from Canada to the United Kingdom. Find the cheapest, fastest, and most reliable providers with the best CAD to GBP exchange rates.

Read on for analysis on the best ways to send money to United Kingdom from Canada.

Transferring the other way? Send GBP from United Kingdom to Canada instead.
Disclosure
June 30th, 2025
Personal
Business
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Send
Best money transfer companies

Send money from Canada to United Kingdom

Last updated: Today
Mid-market rate as of 06/30/2025: 1 CAD = 0.533236 GBP
Results below are based on a 10000 CAD search
0 of 16 providers
Sponsored
Wise
Recipient gets (GBP)
£5,304.65
Full transfer details
Visit Wise
£132 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (GBP)
£5,258.00
Full transfer details
Visit Xe
£86 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
Exclusive: Special Rate for 1st Transfer
1
Key Currency
Recipient gets (GBP)
£5,319.03
Full transfer details
Visit Key Currency
£147 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: Special Rate for 1st Transfer
2
Currencyflow
Recipient gets (GBP)
£5,318.50
Full transfer details
Visit Currencyflow
£146 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Support via email, phone, live chat + WhatsApp
Exclusive: First Transfer Deal
3
Regency FX
Recipient gets (GBP)
£5,317.96
Full transfer details
Visit Regency FX
£146 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Rate match guarantee (T&Cs apply)
4
TorFx
Recipient gets (GBP)
£5,316.36
Full transfer details
Visit TorFx
£144 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
5
Wise
Recipient gets (GBP)
£5,304.65
Full transfer details
Visit Wise
£132 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
6
Currencies Direct
Recipient gets (GBP)
£5,303.00
Full transfer details
Visit Currencies Direct
£131 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
7
OFX
Recipient gets (GBP)
£5,300.00
Full transfer details
Visit OFX
£128 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
8
CurrencyFair
Recipient gets (GBP)
£5,290.50
Full transfer details
Visit CurrencyFair
£118 better than a typical bank*

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Personal account manager
Multi-currency card
Receive to bank account
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
9
Xe
Recipient gets (GBP)
£5,258.00
Full transfer details
Visit Xe
£86 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
10
Remitly
Recipient gets (GBP)
£5,229.00
Full transfer details
Visit Remitly
£57 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
11
WorldRemit
Recipient gets (GBP)
£5,199.03
Full transfer details
Visit WorldRemit
£27 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Remitbee
Recipient gets (GBP)
£5,295.03
Not Recommended
These providers aren't as competitive as the others we've reviewed.
  • HSBC
    HSBC
    Recipient gets (GBP)
    £5,153.90
    Not recommended
  • PayPal
    PayPal
    Recipient gets (GBP)
    £4,909.18
    Not recommended
Sponsored
Wise
Recipient gets (GBP)
£5,304.65
Full transfer details
Visit Wise
£132 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (GBP)
£5,258.00
Full transfer details
Visit Xe
£86 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Overall best way: Wise

Wise is our recommended company for CAD to GBP transfers.

Wise scored the highest of the 16 money transfer companies supporting CAD to GBP transfers.

For example, sending 10,000 CAD to GBP will cost you $50.66 in fees, and the recipient will get 5,304.65 GBP. The delivery time is next day.

For a great mix of cost, speed & features, we advise using Wise for your Canada to United Kingdom transfer.

Wise is the top rated company for sending money from Canada (CAD) to United Kingdom (GBP) - Wise Screenshot

How to compare companies offering money transfers from Canada to United Kingdom

Summary of recent searches

Top rated for transfers from Canada to United Kingdom
Wise
Total number of CA - GB providers
16
Average cheapest fees & rate
Key Currency
Average fastest transfer
Currencyflow
Average transfer time
Within minutes
Best for bank transfers
Key Currency
Best for debit card
Xe

Considerations for sending money from Canada to United Kingdom

1
Compare providers

Always compare ways to send money from Canada to the United Kingdom to get the best options for fees, speed, and reliability.

Our analysis included 16 providers that operate between Canada and United Kingdom.

Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to the United Kingdom.

2
Track the Canadian Dollar-Pound Sterling exchange rate
3
Choose the right payment method
4
Use regulated providers
5
Consider transfer limits
6
How to receive money in United Kingdom
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to transfer money from Canada to United Kingdom: Key Currency

Key Currency is the cheapest way to send money to the United Kingdom from Canada out of the 16 companies compared.

Data collected over the past week shows that Key Currency is 0.01% cheaper than the second-best option.

This includes the transfer fee of 0 CAD an exchange rate for buying Pound Sterling with Canadian Dollars that is 0.25% different to the mid-market rate.

If you want to secure the best rates on transfers from Canada to United Kingdom, Key Currency will result in the most Pound Sterling received.

Key Currency is the cheapest way to send money from Canada (CAD) to United Kingdom (GBP) - Key Currency Screenshot

Fastest way to transfer money to the United Kingdom from Canada: Currencyflow.

We tested 16 companies offering transfers from Canada to the United Kingdom and Currencyflow offered the quickest option.

For example, if you send $10,000 with Currencyflow to United Kingdom now, the transfer time is minutes - 24 hours.

This can vary depending on your needs, smaller transfers to United Kingdom are likely to arrive quicker.

When using Currencyflow to send money from Canada to the United Kingdom you can expect a fee of 0 CAD. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 16 money transfer providers. To test overall speed of sending money from Canada to the United Kingdom we included the timeframe for depositing Canadian Dollar to a money transfer account and average transfer times to the United Kingdom.

When sending money to United Kingdom from Canada quickly is a priority, Currencyflow is our recommended choice.

Currencyflow is the fastest way to send money from Canada (CAD) to United Kingdom (GBP) - Currencyflow Screenshot

Need to make a large transfer to the UK? Use Currencies Direct

For larger transfers, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For large payments to the UK, your top option is Currencies Direct.

While Currencies Direct may not always be the cheapest or fastest way to send CAD to the UK, they will ensure your money is safe and give you peace of mind while your money moves to United Kingdom.

Tax implications on transfers from Canada and into the UK

When receiving money in the UK from Canada, the recipient should be aware of any legal and tax implications of the transfer.

Depending on the type of transfer being received, obligations in the UK will differ.

There are also potential tax reliefs that those receiving money in the UK from Canada should be aware of.

These are:

Type of Income/Tax

Declaration or Relief

Details

Monetary Values

Employment Income

Declaration

Salary or wages received from abroad are subject to UK income tax.

Tax rates: 20%, 40%, 45% based on income.

Self-Employment Income

Declaration

Payments from clients abroad are subject to UK income tax.

Tax rates: 20%, 40%, 45% based on income.

Pension Income

Declaration

Overseas pensions are subject to UK income tax, with possible exemptions depending on tax treaties.

Variable based on pension income.

Foreign Investments

Declaration & Relief

Gains from selling overseas assets are subject to capital gains tax, with relief under double taxation agreements.

Tax-free allowance: £12,300 (2023-2024). Tax rates: 10% or 20%.

Gifts and Inheritances

Declaration

Subject to UK inheritance tax, especially if the deceased was a UK domicile.

Threshold: £325,000. Tax rate: 40% above threshold.

Foreign Dividends

Declaration & Relief

Subject to UK income tax, with possible relief for foreign tax paid.

Tax-free dividend allowance: £1,000. Tax rates: 8.75%, 33.75%, 39.35%.

Foreign Interest

Declaration & Relief

Interest from foreign accounts is subject to UK income tax, with possible relief for foreign tax paid.

Tax-free savings allowance: £1,000 (basic rate), £500 (higher rate).

Double Taxation Relief

Relief

Relief against UK tax liability for foreign tax paid on the same income.

Varies based on foreign tax paid.

Remittance Basis (Non-Domiciled)

Declaration & Relief

Tax on foreign income and gains only if brought into the UK, with specific rules and charges.

Annual charge: £30,000 (residents of 7 out of 9 years), £60,000 (residents of 12 out of 14 years).

Reporting Requirements

Declaration

All foreign income and gains must be reported to HMRC via self-assessment tax return.

Penalties and interest for non-compliance.

Understanding the cost of money transfers to United Kingdom from Canada

The total cost of sending money to United Kingdom from Canada is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for CAD-GBP is 0.5356 GBP per Canadian Dollar.

Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Pound Sterling for your Canadian Dollars.

The CAD-GBP mid-market rate over the last 7 days has seen the Canadian Dollar worth an average 0.5344 GBP. Within this there has been a high of 0.5383, and a low of 0.5316.

From 16 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CAD to GBP.

Fees: When sending money there may be additional fees. Key Currency offers the lowest fee of the 16 providers tested, costing 0 CAD per transfer (based on $10,000 transferred).

Amount Received: When comparing providers, the best measure is the amount of Pound Sterling eventually received in the United Kingdom.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in the United Kingdom, means a better overall cost of sending money from Canada.

How to find the best exchange rate for Canadian Dollar to Pound Sterling

Timing is essential for sending money between CAD and GBP. The exchange rate you secure impacts how much GBP you get for your CAD.

Mid-market Rate
1 
=
0.535560 
GBP

Let's dive into some interesting recent trends.

  • Over the past week, the exchange rate from CAD to GBP has seen some fluctuation. On average, it stood at 0.5344.

  • During this period, the highest value recorded was 0.5383, while the lowest was 0.5316.

  • Wise, which is our recommended service to send money online from Canada to United Kingdom offers an exchange rate that is only 0.01% above the mid-market rate.

Want to secure the best CAD-Pound Sterling 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 United Kingdom!

Payment options for Canada to
United Kingdom money transfers

  • Bank transfers in the UK

    Bank transfers are usually the best and easiest way to send money from Canada to the United Kingdom.

    By using a money transfer company such as Key Currency for transfers from Canada to the United Kingdom, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.

    Key Currency is the cheapest money transfer company for bank transfers from the 16 we compared for transfers from CAD into the United Kingdom.

    With a fee of 0 CAD to send money from Canada to the United Kingdom, Key Currency offers a strong combination of competitive exchange rates and lower fees.


  • Debit cards and prepaid options

    Sending money from Canada to the United Kingdom with a debit or a prepaid card is available through Xe.


    Xe is one of the cheaper options for debit card payments for transfers from Canada to the United Kingdom. This cost is against a total of 16 money transfer companies offering this option.

    If you want to know more about money transfers from Canada to the United Kingdom we recommend taking a look at our top guides:

  • Credit cards

    When it comes to international credit card transfers from Canada to the United Kingdom, we recommend running a quick comparison, as not many companies will let you send money with a credit card directly.

    Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment.

  • Opt for a multi-currency account to receive into GBP

    There are receiving fees to be aware of in the UK when receiving international transfers from Canada. These are specific to using a bank account to receive money. Incoming transfers are also subject to conversion into GBP as well in some scenarios.

    Bank

    Receiving Fee

    Details

    Santander

    No fee

    Santander does not charge a fee to receive an incoming international payment. However, intermediary banks and exchange rate markups may apply additional costs.

    NatWest

    £1 - £5

    NatWest charges between £1 and £5 for receiving international payments. Additional agent fees may apply depending on the intermediary banks involved.

    HSBC

    £4 - £9

    HSBC charges £4 for online payments to another HSBC account and £9 to non-HSBC accounts. Their Global Transfer service allows fee-free transfers between global HSBC accounts.

    Lloyds

    £7

    Lloyds charges £7 for receiving payments over £100. Payments in pounds from within the EU to their Basic Account are fee-free.

    Barclays

    £6 - £15

    Barclays charges £6 for online international payments and £15 for payments arranged in branch or by telephone. SEPA payments made online are fee-free.

    When receiving (or sending) payments regularly, it can pay to have access to a multi-currency account. This will give you local account details and reduce the time, and cost, of transferring money.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom 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 United Kingdom.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to GBP.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from Canada to United Kingdom?
Are there any tax implications to sending money from Canada to United Kingdom?
Can I send money from Canada to United Kingdom with MoneyTransfers.com?
What are the typical transfer fees for sending Canadian Dollars to United Kingdom through various providers?
How long does it take to send money from Canada to United Kingdom?
What is the best exchange rate I can get for sending money from Canada to United Kingdom?
Are there any minimum or maximum transfer amounts for sending money from Canada to United Kingdom?
Can I schedule regular transfers between Canada and United Kingdom?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
Convert on the go with our currency app
  • Convert 25,000+ currencies

  • Get reviews & insights

  • No ads or subscriptions

  • Compare live transfer deals

Compare, save & shortlist in your account
  • Save your favourite searches

  • Shortlist providers

  • Sync between all your devices

  • Absolutely free