HomeCompaniesCompare money transfer services in Canada

Compare money transfer services in Canada

1 company compared. 6 services compared on what it actually costs to send $500, including the exchange rate margin. Most providers earn more on the rate than the fee, so the service advertising no fee is often the most expensive one.
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Destination country Speed Payout method Total cost

1 compared

MoneyGram
Not yet rated
Payout methods
Bank account, mobile wallet, cash pickup or debit card
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A global money transfer service with cash pickup, bank deposit and mobile wallet payout across most countries, available online and through agent locations.
Why this column

Exchange margin. Providers make most of their money on the rate rather than the fee, so a zero-fee transfer is frequently the most expensive one. Total cost is the fee plus the margin, and it is the only number worth comparing.

The cost that decides it

A calculator: enter an amount and a destination, and see the total cost from each provider including the exchange margin, against the mid-market rate.

Common questions

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