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International money transfer
Live rates as at Feb 6, 2026, 8:14 AM (CUT)
1 Canadian dollar = 0.730644 US dollar
Inverse rate 1.368655
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Bank beating rates
Unlock bank-beating rates for global money transfers with OFX. We make moving money easy and help you access real savings.
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Transfer amount CAD 20,000 to USD
| Company | $20k CAD to USD = | $ difference |
|---|---|---|
 | $13,770 | $272 extra |
| CIBC | $13,498 | $272 less |
| Scotiabank | $13,539 | $231 less |
| RBC | $13,587 | $183 less |
| TD | $13,648 | $122 less |
The comparison savings are based on a single transfer of CAD$20,000 to USD. Savings are calculated by comparing the exchange rate including margins and fees provided by each bank and OFX on the same day (1 Jan 2026). Pricing data is provided by an independent third party, FXC Intelligence Ltd. The comparison savings provided is true only for the example given and may not include all fees and charges. Different currency exchange amounts, currency types, dates, times and other individual factors will result in different comparison savings. These results therefore may not be indicative of actual savings and should be used only as a guide. The rate comparison chart is updated monthly.
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