How to send money to Canada?

Sending money to Canada shouldn't feel like navigating a maze. Yet if you've ever waited a week for a transfer to complete, visited a bank branch just to fill out forms, or discovered hidden fees in your exchange rate, you know the traditional system needs an upgrade. That's why innovative solutions like Bank Transfer gift cards are transforming international money transfers, delivering funds in 1-4 business days with transparent pricing.

Three ways to send money to Canada

Traditional bank transfers still work, but at what cost? The real question is whether you're willing to pay premium fees for slower service. Here's what you're actually looking at:

Bank transfer gift card

Rewarble bank transfer gift cards transform complex international transfers into a simple four-step process. It is a prepaid gift card code that can be redeemed for a Rewarble balance. With this Rewarble balance, you can do a bank transfer but also top up e-wallets, like PayPal, Wise, and Revolut. It is super easy; you only have to provide an account ID of the recipient and choose the amount you want to send. You can easily see in our fee converter what the recipient gets, no hidden fees.

Benefits

• Banking details remain private; the recipient cannot see it
• Do unlimited transfers, 24/7
• Create as many recipients as you want
• Up to $250 per transfer
• Better pricing compared to traditional money transfer services

How does it work?

1. Buy your Rewarble Bank Transfer gift card from our partners using your preferred payment method.
2. Your voucher code arrives instantly; no waiting for approval.
3. Redeem it at rewarble.com/redeem
4. Choose a bank transfer and provide the amount and bank ID of the recipient.

Bank transfer

Rewarble product

Wire money abroad instantly.

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Process times for International wire transfers

Unlike traditional banks with vague "5-7 business days" (often stretching to 10), this 1-4 day timeframe is reliable and trackable. Most transfers complete in 2-3 days, with 75% of funds arriving during this window. What affects your timing? Morning transfers process faster, major Canadian banks like RBC and TD receive funds quicker than smaller credit unions, and weekends don't count as business days. Larger amounts may trigger security checks, using the full 4 days.

International transfer by SWIFT

Swift transfers have revolutionized how money moves internationally. When you send money to Canada through the SWIFT network, you're using the same secure highway that connects over 11,000 financial institutions globally. The result? Predictable delivery in 1-4 business days instead of the traditional week-long wait.

Here's what makes swift money transfers particularly effective for your Canadian payments:

• Predictable timing: Know exactly when funds arrive, not "sometime next week"
• Universal acceptance: Works with every Canadian bank, from TD to local credit unions
• Trackable progress: Monitor your transfer status instead of wondering
• Bank-level encryption: The same security major corporations trust

The Bank Transfer gift card simplifies this entire process. After purchasing your gift card, that instant voucher code becomes your key to initiating a swift transfer. No branch visits, no paper forms - just secure, trackable transfers that arrive when promised.

Costs of sending money to Canada

When sending money to Canada using bank transfer gift cards, the fee structure includes no service fees for the transfer and no receiving fees for the recipient. The exchange rates provided are competitive with current market rates. The total cost for a $250 transfer ranges from $15-25, which equals 6-10% of the transfer amount. In comparison, traditional bank wires typically charge $65-95 for the same transfer, regardless of the amount. Onrewarble offers a fee calculator that displays the exact amount you pay and what the recipient receives before completing the transfer, providing transparency in the transaction costs.

Country-Specific

Sending money from USA to Canada

American residents benefit from integrated North American banking systems. Your transfers from the USA often complete within 24-48 hours thanks to established financial corridors. But watch for:

• USD to CAD exchange rate timing (rates typically favor morning transfers)
• US and Canadian banking holidays that might delay processing
• Potential tax reporting for transfers over $10,000

Transferring money from UK to Canada

British senders face additional currency considerations with pound-to-Canadian-dollar conversions. Data shows Wednesday and Thursday often offer better rates than Monday. The swift money transfer system handles conversion efficiently, but timing your purchase strategically can mean significant savings on larger amounts.

Transfers from other countries

Whether you're sending money from Europe, Asia, or elsewhere, the multi-currency support ensures smooth transfers. The key is understanding your local banking hours relative to Canadian Eastern Time for optimal processing speed.

Smart transfers save money

Modern solutions have transformed international money transfers. You no longer need to accept week-long waits, excessive fees, or uncertain delivery times. With Bank Transfer gift cards delivering funds to Canada in 1-4 business days at a fraction of traditional costs, the choice becomes clear. The combination of swift transfer speed, transparent pricing, and complete security makes this the smart choice for anyone sending money to Canada regularly. Have you calculated how much you could save on your next transfer? The difference might surprise you. Start with a test transfer and experience how easy international money transfers can be.