Send money to Canada
Transfer money to Canada with OFX and get bank-beating foreign currency exchange rates.
Market Rate 1.2878
How to send money to Canada ?
- Gather the relevant banking information of your recipient including the name on the account and bank details.
- Create a free online account with OFX, or login to get a live quote for your money transfer.
- Enter your details and those of your recipient.
- You send the money to us, and we send it to your recipient.
It’s easy and affordable to send money to Canada using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.
When sending money to Canada keep in mind that different tax regulations may apply depending on many factors including:
- how the money is going to be used.
- how much you are sending.
- the source of the funds.
- if the money has been taxed elsewhere.
For example, for tax purposes, supporting family members by paying for living expenses can sometimes be considered different from sending large sums as a gift.
Read today's Canadian dollar currency update
Read the daily CAD update from the currency specialists at OFX and get the latest on market movements and today's expected ranges of the major currency pairs.
Canada money transfers - FAQs
Wondering how to send money to Canada? Use OFX to exchange your foreign currency for Canadian dollars, because you’re too smart for your bank. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.
Is there any limit on how much money I can send to Canada?
No, OFX works well for both businesses and individuals.
Does OFX transfer money to all banks in Canada?
OFX can transfer funds to almost any bank in Canada, including, but not limited to:
- Toronto-Dominion Bank
- National Bank of Canada
- Royal Bank
- Bank of Montreal
- Bank of Nova Scotia
Our customer support team will be happy to assist and make sure we can facilitate your transfer to Canada
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open - we’re here for you.
When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.
You may also like:
Stay ahead of the game with our currency tools
Stay ahead of the CAD trends with Currency Outlook
Get our free monthly guide to the Canadian dollar and major currencies for the lowdown on key trends and what to watch, at a glance.
Check our transfer rates
Check out our transfer rates when you send money with us at bank-beating rates
Set an alert to catch the rate you want
Don’t miss the best time to transfer. Set up a rate alert and relax, knowing that we’ll prompt you to transfer when it hits.
Read the daily update on the Canadian dollar
Real OFX currency experts that monitor the economic environment daily so you don't have to.