Currency Calculator by Send Money Home.

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1 GBP = 1.11485 EUR
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1 EUR = 0.8970 GBP

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Need to send money to Canada

options instead of using a bank

Need to send money transfers to Canada

The Canadian dollar (CAD or C) = 100 cents is the main currency in Canada. Notes are in denominations of $5, $10, $20, $50 and $100 dollar notes. Coins are in denominations of 1, 5, 10, 25, 1 dollar and 2 dollars.

Need to send money to Canada?

The IBAN includes various codes, like your branch and account numbers, and is the standard system for sending payments across Europe. Canada does not have IBAN data.(IBAN is in Europe only.) Canada operates by BIC codes and can usually be found on your bank statement or other paperwork, along with your SWIFT code.

There are further technical details below, although the currency providers will take care of ensuring payment details are in the correct format before initiating any payments on your behalf.

Typical time for transfer to arrive: 1 to 2 working days when sent through Currency Broker

Canadian dollar bank charges: Usually none, although we cannot guarantee this

Payment details needed:

**- Name and Address of Beneficiary**
**- Name and Address of Thai Bank**
**- Account Number**
**- BIC (Bank Identifier Code) or SWIFT code (optional) or other routing instructions**

The BIC (Bank Identifier Code) or SWIFT code are made up of 8 or 11 characters and should mirror the following format;

Canada BIC or SWIFT code Format: BBBBCCLL or BBBBCCLLDDD

B = Bank Code (Only Letters)
C = Country Code ‘BG’ (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code Optional (‘XXX’ for Head Office – Letters & Digits)

Use our comparison website Send Money Home to see who can assist you in your currency exchange see which company ticks all the boxes when it comes to sending your money to Canada. There are so many companies available but ensure you are getting the best currency exchange rate and are offering no money transfer fees over $25000 to $100,000.

All of the currency providers listed on Send Money Home Website have been carefully vetted by sendmoneyhome.co.uk, All currency providers are regulated by the Financial Services Authority (FSA) and operate segregated client accounts. When you need to send money to the Canada consider using one of these companies and save money compared to using your high street bank.

Sending Money to Canada?

When you click the ‘Open an Account / Get a Quick Quote’ button, you will be directed to the currency providers website where you need to open an account before you can send money to the Canada.

Delivery of Funds

Sending money directly to Canadian banks by foreign exchange providers provides a fast and simple way to send your money internationally. Below is an indicative guide to how long your funds will take to arrive when using a foreign exchange company. To work out the delivery time, add the amount of time it takes for foreign exchange company to receive your funds plus the amount of time it takes for a payment to arrive in your beneficiary’s account.

How long will it take for my funds to be received by Canadian Bank?
From Currency Process Time

Canada CAD 1-3 days

How long will it take for my funds to be received into the beneficiaries bank account?
To Currency Process Time

Canada CAD 1-2 days

Most small businesses don't have access to dedicated analysts and dealers even some larger businesses as they don't consider it a priority. However, there is no need to anymore as comparative website Send money home work with some of the largest currency companies and provides expert dealers to discuss your foreign exchange needs and to help formulate strategies to reduce your foreign exchange risk for free. Our system is extremely transparent and allows you to view the interbank rate and the rate you will receive. There are no commissions or hidden fees.