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Updated October 21, 2026 · VaultCue Editorial Team

Top money transfer services compared in Canada

642 accounts available in Canada, ranked for Canada.

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score. How we rank

Top money transfer services compared in Canada
OrderAccountScoreKey factsActions
1
Airwallex logo
AirwallexTop pickPartner

Limited offer - business rewards with Airwallex AI: Up to HK$68,888

8.6/10
Transfer fee:
Explore plan: $0 domestic (US/Canada) local transfer, $1-$7 per international local transfer, $15 SWIFT (SHA), $25 SWIFT (OUR)
Exchange rate markup:
0.5% to 1%
Delivery time:
As little as 1 business day; 90%+ of transfers arrive same day
ReviewCompareVisit
2
Sendwave logo
SendwavePartner

Sendwave Wallet cash back or rewards

9.0/10
Delivery time:
Minutes to 3-5 days
Licence type:
Payment institution
Payout methods:
Bank, Cash-pickup, Wallet
ReviewCompareVisit
3
kraken logo
krakenPartner
8.8/10
Transfer fee:
1% instant and recurring, 1.5% custom orders
Delivery time:
instant
Licence type:
Payment institution
ReviewCompareVisit
4
PandaRemit logo
PandaRemitPartner

Zero transfer fee for first transfer: 0 AUD transfer fee

8.4/10
Transfer fee:
5.99 AUD per transaction
Delivery time:
2 minutes at the earliest
Payout methods:
Bank, Wallet
ReviewCompareVisit
5
mypal-pro logo
mypal.proPartner
8.0/10
Legal entity:
AISON TECHNOLOGY CO., LIMITED
ReviewCompareVisit
6
Binance P2P logo
Binance P2PPartner
8.5/10
Founded:
2017
Support channels:
Chat, Help-centre
ReviewCompareVisit
7
BBVAPartner
9.8/10
Currencies:
50
Legal entity:
Banco Bilbao Vizcaya Argentaria, S.A.
Headquarters:
Spain
ReviewCompareSee alternatives
8
Dahabshiil logo
DahabshiilPartner

Special rates for new customers

9.8/10
Transfer fee:
Lower than the global average of 7-10%
Delivery time:
Usually within 5 minutes
Payout methods:
Bank, Cash-pickup, Wallet
ReviewCompareSee alternatives

Licensed in Canada

Sendwave
Revenue Quebec
Sendwave
FINTRAC
Kraken
FINTRAC (money services business)
Kraken
Ontario Securities Commission and Canadian provincial and territorial securities regulators (restricted dealer)
PandaRemit
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
PandaRemit
Revenu Quebec
Panda Remit
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Panda Remit
Revenu Quebec
Dahabshiil
FINTRAC
Xe
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Float (Canada)
FINTRAC (money services business registration)
Neteller Net+ Prepaid Mastercard
FINTRAC
TalkRemit
FINTRAC
Moneycorp
FINTRAC
Profee
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)
Scotiabank
Canada Deposit Insurance Corporation (CDIC) - member, deposits eligible for CDIC insurance
Grey
FINTRAC
Papaya Global
FINTRAC (PCMLTFA), Azimo Canada Inc.
Papaya Global
Bank of Canada Retail Payments Activities Act payment service provider registry, Azimo Canada Inc.
Papaya Global
Revenu Quebec (Money Services Business Act), Azimo Canada Inc.

Other rankings

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Other countries

Airwallex

Airwallex

Top pick for Canada

8.6/10Visit