How to send CAD abroad from Canada at the lowest cost.
Action checklist
Complete these steps in order for the fastest, safest setup.
1Wise: best for CAD to EUR/GBP/USD — 0.5% fee at mid-market rate
2Remitly and TransferGo: competitive for specific corridors (India, Philippines)
3Avoid bank wire transfers — $25–45 CAD fee plus poor exchange rates
4Questrade or Wealthsimple: hold USD accounts to avoid frequent CAD conversion
City context: Dubai
These steps are tailored for newcomers in Dubai. Costs, availability, and requirements may differ in other cities — switch the city selector above to switch context.