How to Send Money from Canada to Venezuela
Get the best deals when you transfer from Canada to Venezuela. Find the cheapest, fastest, and most reliable providers with the best exchange rates.
Read on for the best deals, expert information, and all you need to send money to Venezuela from 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."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"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."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Canada to Venezuela searches, and was the top rated company out of 4 that support CAD to VES.
So for a great mix of cost, speed & features, make your Canada to Venezuela transfer using Wise.
How to get the best deal on your Canada to Venezuela 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 Venezuela.
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 Venezuela
Don't settle for the first option. Always compare ways to send money from Canada to Venezuela to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Canada and Venezuela.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Venezuela.
Cheapest way to send money to Venezuela from Canada: Wise
Data collected over the past 7 days shows that Wise is 0.64% cheaper than the second-best option.
The $28.72 transfer cost represents the most common fee for CAD to VES international transfers, based on data from the past week.
If you want to secure the best rates on a CAD to Venezuela transfer, make sure you pick Wise to send your money online.
*The most common fee applied to CAD-VES by Wise, based on data from the past 7 days.
Fastest way to send money from Canada to Venezuela: OFX
Our data shows that OFX came up as the fastest way to send money from Canada to Venezuela in 100% of searches. This makes them well suited to urgent CAD to VES money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Venezuela - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, OFX is your best choice at the moment. This service emerged as the quickest way to send money to Venezuela from Canada in 100% of the searches on MoneyTransfers.com over the past 7 days.
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 Venezuela, it’s the provider that will keep you safe and relaxed while your money moves into VES.
Understanding the costs involved when moving money from Canada to Venezuela
When calculating the costs of money transfers between Canada and Venezuela, here's what really matters:
The Mid-Market Rate: Today, the CAD-VES mid-market rate equals to 184.1543 VES per Canadian Dollar.
The CAD-VES average exchange rate for the past 7 days has been 180.2875 VES per Canadian Dollar, with a high of 184.247 and a low of 176.4525.
When looking to send money, we'd recommend Wise. On average Wise is -1.18% 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 VES.
How to find the best exchange rate for Canadian Dollar to Bolivar
Timing is essential for sending money between CAD and VES. The exchange rate you secure impacts how much VES you get for your CAD.
Let's dive into some interesting recent trends.
Over the past 7 days, the exchange rate from CAD to VES has seen some fluctuation. On average, it stood at 180.2875.
During this period, the highest value recorded was 184.247, while the lowest was 176.4525.
Wise, which is our recommended service to send money online from Canada to Venezuela offers an exchange rate that is only -1.18% above the mid-market rate.
Want to secure the best CAD-Bolivar 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 Venezuela!
Payment methods available to fund your Canada to Venezuela transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Venezuela.
By using a money transfer company such as Wise for transfers from Canada to Venezuela, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 4 we tested when sending CAD to Venezuela.
With an average fee of CAD28.72 to send money from Canada to Venezuela, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Venezuela 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 Venezuela, competing among a total of 4 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Canada to Venezuela, we .
CC deposits are usually the most expensive for money transfers to Venezuela from Canada due to third-party fees and cash advance fees.
When possible, we recommend using bank transfer deposits or debit card deposits.
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 Venezuela 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 Venezuela.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to VES.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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