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Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours
Our global support team is available around the clock - 24 hours a day, 7 days a week
How to Send Money to Canada
Gather the relevant banking information including the name on the recipient’s bank account, the financial institution number, the account number, and the branch transit number.
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.
Choose ‘finalise transaction’ to process your payment.
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.
How to send money to Canada at a great exchange rateWhen looking at exchange rates, it’s important to know that the Canadian dollar (CAD) is a commodity currency, so its exchange rate may be affected by the price of commodities like gold, forestry products, and oil. Also, because the CAD trades actively against the U.S. dollar, its value will depend upon the strength of the U.S. economy. If you want to read up on the factors that influence the value of the Canadian dollar or other currencies, head over to the Exchange Rates section of our site.
Canada Money Transfers – FAQs
Wondering how to send money to Canada from the USA? Use OFX and outsmart your bank when you exchange your U.S. dollars for loonies. 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?
Nope. OFX works well for both businesses and individuals when transferring money to Canada from the US.
Can I send money from a Canadian bank account to the U.S.?
Does OFX transfer money to all Canadian banks?
OFX can transfer funds to any bank in Canada, including, but not limited to:
National Bank of Canada
Bank of Montreal
Bank of Nova Scotia
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open. Need a quote? Need it ASAP? Need to talk to someone about your mother? 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.
How can OFX help you manage USD/CAD exchange rate swings?
Check out our risk management tools and stay in control of your money.