US to Canada money transfer

For transferring money from a US bank account to a Canadian bank account, I'd start by comparing Wise, Remitly, and your bank's international wire service. The best option depends on how much you're sending, how quickly it needs to arrive, and whether the Canadian recipient needs to receive Canadian dollars (CAD) or US dollars (USD).

Best services to consider

• 

1. Wise

(Best starting point)

Best for transparent fees and exchange rates.

Wise shows the transfer fee and exchange rate before you send, generally uses the mid-market exchange rate, and can deposit CAD directly into a Canadian bank account. Bank transfers are usually a cost-effective way to fund the payment.wise.com+3