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Most providers show you their transfer fee upfront. That’s only fair. But some of them sneak a markup into the exchange rate. And that’s not fair.
A markup means you get a bad exchange rate, which means you lose money when you change currencies.
At TransferWise, we never mark up the exchange rate. We just use the exchange rate – independently provided by Reuters. That means fair, low-cost transfers, every time.
TransferWise makes transferring money to Canada a breeze. Just tap in how much, and where to. Then make a local payment to TransferWise, whether it’s with a bank transfer or your card. And that’s it. TransferWise converts your money at the fairest rate out there - the real rate - so you save big time (even versus the guys saying there’s ‘zero’ commission). On TransferWise, there's no room for sneaky bank surcharges or creeping hidden charges.
Pay in £ with your debit card, or send the money from your online banking.
TransferWise always gives you the real and fair mid-market exchange rate.
Your recipient gets $ directly from TransferWise’s Canadian bank account.
TransferWise is built around clever peer-to-peer tech, so you always get the real ‘mid-market’ exchange rate - what you see on Google or XE. For Pound to Canadian Dollars, the only fee is a separate 0.5% with a flat fee of £2 that you can always see before you send.
Everything about TransferWise is streamlined, and creating your first transfer only takes a couple of taps. 90% of the transfers from the UK to Canada are completed within 1 business day, and you’ll always get delivery updates throughout.
TransferWise makes sending money to Canada as easy as transferring money to a friend, or buying something online.
Depending on your transfer, you’ll have a multitude of payment options - whether it’s local bank transfer, card payment or direct debit.
Furthermore TransferWise is authorised by the Financial Conduct Authority.
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Transfer your Pounds to Canadian Dollars today with TransferwiseGet started now