Planning to send money from Canada to Paraguay?

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Safeguarded at leading banks.

We keep your money with leading financial institutions like JP Morgan Chase, Deutsche Bank, and Barclays.

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Extra secure transactions.

We use two factor authentication to protect your account. That means only you can get to your money.

How to send money to Paraguay in 3 easy steps

Start your transfer.
1

Start your transfer.

Pay in CAD with your debit card or credit card, or send the money from your online banking.

Get the best rate out there.
2

Get the best rate out there.

TransferWise always gives you the real and fair mid-market exchange rate.

Money is locally delivered.
3

Money is locally delivered.

The recipient gets money in their currency directly from TransferWise's local bank account.

What you'll need for your money transfer from Canada to Paraguay?

  1. 1. Create your free account.

    1. Create your free account.

    Click 'Sign up', then create your free account. It takes seconds.You can do it on our website or with our app.All you need is an email address, or a Google or Facebook account.

  2. 2. Set up your first transfer.

    2. Set up your first transfer.

    Use our calculator to tell us how much money you want to send, and where you want to send it. You'll see our fees upfront.We'll tell you when your money should get there, too.

  3. 3. Tell us a little about yourself.

    3. Tell us a little about yourself.

    We'll ask you if you're sending money as an individual or business. We'll also need your full name, birthday, phone number, and address. You know, the standard stuff.

  4. 4. Tell us who you're sending to.

    4. Tell us who you're sending to.

    Yourself? Someone else? A business or charity? Pick your answer.Then we'll ask you for some basic information about your recipient, including their bank details. They need a bank account, but they don't need a TransferWise account. (Though we hope they'll want one soon.)

  5. 5. Make sure everything looks good.

    5. Make sure everything looks good.

    We'll show you a summary of your transfer. If everything looks good, click Confirm.You can also make any changes you need to.

  6. 6. Pay for your transfer.

    6. Pay for your transfer.

    Would you like to pay by bank transfer? Debit or credit card?Make your choice, and we'll tell you how to do it. Each payment method has its own steps, but they're all straightforward and should only take a few minutes.

International money transfer fees

How much does it cost to transfer money from Canada to Paraguay?

Banks and other providers often add a markup to their exchange rate while advertising low fees, which means you could be paying huge hidden charges.

TransferWise transparently displays its fee upfront and deducts it before conversion. No nasty surprises. TransferWise then uses the mid-market rate, independently provided by Reuters without any markup.

TransferWise is safe and secure

TransferWise is an authorised Electronic Money Institution independently regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) in Canada.

This means we're required by law to keep your money safe by storing it in a low-risk financial institution - in Europe this is in our UK account with Barclays, in the US this is in our US account with Wells Fargo.

We're trusted by 8 million people and counting.

We have a 4.6 out of 5 rating on Trustpilot

It's your money. You can trust us to get it where it needs to be, but don't take our word for it. Read our reviews at Trustpilot.com

I would rate this 5 star as I am very happy with this application, usually money is transferred in same day and I am getting good rate
Sunil Daniel
Published 15 hours ago

Fast efficient professional secure reliable. All you could want from this type of service. Has saved me a lot of money.
Customer
Published 15 hours ago

Fast and easy ; in comparison to other services also cheap
CLL
Published 15 hours ago
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