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Send money to Madagascar

Fast and secure transfers at competitive rates when you send money from Canada to Madagascar. Transfer today.

Make or track payments day or night with our intuitive, secure digital platform

24/7 customer support

Regulated by FinTRAC

CAD – Canadian dollar

OFX fee

+ $0.00 CAD

Amount to be converted

$10,000.00 CAD

Your customer rate

3128.2022

Converted to

Ar31,282,022.00 MGA

MGA – Malagasy ariary
*
OFX offers customised rates for high-value transfers and corporate customers. Register or login to get an OFX customised rate. Occasionally, a third-party intermediary or bank may deduct a fee from the value of your transfer. This fee may vary and OFX receives no portion of it.

CA$261bn+

transfers to date

9

years publicly listed

8

global offices

How to send money to Madagascar from Canada

1. Registration.

We’ll ask for some personal details to create your account and verify your identity.

2. Verification.

Electronic verification keeps things moving before we give you a call to make sure you’re good to go.

3. Book your transfer.

Tell us the amount you want to send, or what your recipient needs to receive and see your rate.

4. Send your funds.

You’ll be notified when funds hit our intermediary account. Track your transfer online, in-app or via SMS.

What is the best way to send money to Madagascar from Canada?

When you transfer money to Madagascar with OFX the easiest option is Direct Debit. The agreed amount will be withdrawn from your nominated account and then sent to your recipient.

Otherwise, you can send a wire transfer and make your payment online or in-branch (bank fees apply).

In Canada, customers of select participating financial institutions, including RBC, BMO, Tangerine and Credit Unions, also have the option to pay via electronic bill payments.

Please note that payment methods vary based on the currency being sent. Once you lock in your transfer, we will inform you of available payment options.

How long does it take to transfer money to Madagascar from Canada?

Our global network of banking partners enables us to move your money efficiently, through some of the fastest payment schemes available globally.

Most international money transfers to Madagascar are completed within 3-5 business days of OFX receiving your funds.

Currency tools that could help you save

What’s driving the Canadian dollar right now?

Get up-to-date currency market insights from our OFXperts. It could help you save on your next money transfer to Madagascar.

Your rate to send money to Madagascarnow

Need to send money overseas now? Check your customer rate based on the live market.

CAD/MGA exchange rates

Not sure how the current market exchange rate for Malagasy ariary stacks up? Review past performance for your currency pair.

Rate alerts for Malagasy ariary

Want to know the best time to transfer to Madagascar? Set up a Rate Alert for your currency pair and we’ll let you know if the rate hits.

FAQs

Can I send money to Madagascar with a mobile app?

Yes, you can send money to Madagascar using the OFX app available on Android and iOS. Download the app now.

Can I send money from an Canadian bank account to Madagascar?

OFX can transfer funds to almost any bank in Madagascar, including, but not limited to:

How can I send money to a friend in Madagascar from Canada?

Whether it’s a gift or a lifeline, when you transfer with OFX we can send money straight to your friend’s bank account.

They don’t need to sign up with OFX, all they have to do is share their bank account details with you.

What verification details do I need to provide as a Canadian resident?

Verification helps keep our platform safe from fraud, so we verify the identity of every person who requests an OFX account.

To verify your identity you’ll need your passport, driver’s license or identity card.

If you’re making a business money transfer, we’ll also ask for your business registration number. industry, and other additional documentation relevant to your business structure.

Is there any limit on how much money I can send to Madagascar from Canada?

OFX does not enforce any limits on the amount of money you may wish to transfer to Madagascar.