Corridor CAD → USD · Canadian dollar to US dollar
What does it cost to send Canadian dollars to United States?
On 15 October 2026, the most a recipient in United States got for 1,000 CAD was 701.84 USD via Remitly: a true cost of 4.69 CAD (0.47%) including fee and rate markup. The last of 10 quotes cost 4.98%.
Transfer cost receipt · CAD → USD
Most to the recipient: Remitly transfer service
- You send
- 1,000.00 CAD
- Upfront fee
- 0.00 CAD
- Amount converted
- 1,000.00 CAD
- Rate given
- 0.701840
- Mid-market when quoted
- 0.705144
- Exchange-rate markup inside the rate
- 4.69 CAD 0.47%
- True total cost
- 4.69 CAD 0.47%
- Recipient gets
- 701.84 USD
Picking the last quote in this ledger (PayPal) instead would leave the recipient 31.81 USD short.
Snapshot indicative quotes retrieved 15 Oct 2026, 14:56 UTC. Quote collected 15 Oct 2026, 14:40 UTC. Source: Wise public comparison data.
Confirm the live quote on remitly.com
Plain link to the provider's official site. No commission.
Every quote for 1,000 CAD → USD
Sorted by what the recipient gets. “True cost” adds the upfront fee to the money lost in the exchange rate versus the mid-market rate at the time each quote was collected.
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Remitlyservice | 0.00 CAD | 0.47% | 4.69 CAD | 0.47% | 701.84 USD | best |
| 2. Instaremservice | 0.00 CAD | 0.48% | 4.83 CAD | 0.48% | 701.74 USD | −0.10 USD |
| 3. Wiseservice | 7.41 CAD | 0.00% | 7.41 CAD | 0.74% | 699.57 USD | −2.27 USD |
| 4. Royal Bank of Canadabank | 0.00 CAD | 2.07% | 20.73 CAD | 2.07% | 690.53 USD | −11.31 USD |
| 5. TD Bankbank | 0.00 CAD | 2.50% | 24.96 CAD | 2.50% | 687.54 USD | −14.30 USD |
| 6. Xoomservice | 0.00 CAD | 2.75% | 27.55 CAD | 2.75% | 685.72 USD | −16.12 USD |
| 7. Western Unionservice | 2.99 CAD | 2.70% | 29.89 CAD | 2.99% | 684.07 USD | −17.77 USD |
| 8. OFXservice | 15.00 CAD | 1.53% | 30.10 CAD | 3.01% | 683.92 USD | −17.92 USD |
| 9. BMObank 2d old | 0.00 CAD | 3.33% | 33.35 CAD | 3.33% | 681.63 USD | −20.21 USD |
| 10. PayPalservice | 2.99 CAD | 4.69% | 49.79 CAD | 4.98% | 670.03 USD | −31.81 USD |
Does the cheapest option change with the amount?
| You send | Most to recipient | Best cost | Worst cost | Recipient gets (best) | Gap best vs worst | Quotes |
|---|---|---|---|---|---|---|
| 200 CAD | Instarem | 0.48% | 6.22% | 140.35 USD | 8.10 USD | 10 |
| 1,000 CAD | Remitly | 0.47% | 4.98% | 701.84 USD | 31.81 USD | 10 |
| 5,000 CAD | Remitly | 0.47% | 4.75% | 3,509.20 USD | 150.99 USD | 8 |
What the CAD → USD numbers show
- The provider that delivers the most changes with the amount: Instarem at 200.00 CAD, Remitly at 1,000.00 CAD, Remitly at 5,000.00 CAD. Fixed fees weigh heavily on small transfers; rate margins dominate large ones.
- At 200.00 CAD, true cost ranged from 0.48% (Instarem) to 6.22% (Xoom); the recipient would get 8.10 USD less with the last quote than with the first.
- Banks listed for this corridor averaged 2.63% in true cost at 1,000.00 CAD, against 2.20% for non-bank transfer services; on average 100% of the banks' cost sat inside the exchange rate rather than in a stated fee.
- 4 of 10 quotes at 1,000.00 CAD charged no upfront fee but priced in a rate markup above 0.5%, so “no fee” did not mean free.
How does the quoted mid-market rate compare with the ECB reference?
The European Central Bank reference rate for CAD/USD on 15 October 2026 was 0.703890. The mid-market rate implied by the top quote at its collection time was 0.705144, a difference of 0.18%. ECB rates are published once per working day around 16:00 CET, so they drift from live market rates during the day; RateRunner uses them only as a cross-check, never to rank providers.
Every quote for 200 CAD → USD
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Instaremservice | 0.00 CAD | 0.48% | 0.97 CAD | 0.48% | 140.35 USD | best |
| 2. Remitlyservice | 0.00 CAD | 0.77% | 1.53 CAD | 0.77% | 139.95 USD | −0.40 USD |
| 3. Wiseservice | 3.58 CAD | 0.00% | 3.58 CAD | 1.79% | 138.44 USD | −1.91 USD |
| 4. Royal Bank of Canadabank | 0.00 CAD | 2.07% | 4.15 CAD | 2.07% | 138.11 USD | −2.24 USD |
| 5. TD Bankbank | 0.00 CAD | 2.50% | 4.99 CAD | 2.50% | 137.51 USD | −2.84 USD |
| 6. BMObank 2d old | 0.00 CAD | 3.33% | 6.67 CAD | 3.33% | 136.33 USD | −4.02 USD |
| 7. WorldRemitservice 2d old | 3.99 CAD | 1.96% | 7.83 CAD | 3.92% | 135.51 USD | −4.84 USD |
| 8. Western Unionservice | 2.99 CAD | 2.69% | 8.29 CAD | 4.14% | 135.19 USD | −5.16 USD |
| 9. PayPalservice | 2.99 CAD | 4.69% | 12.24 CAD | 6.12% | 132.40 USD | −7.95 USD |
| 10. Xoomservice | 2.99 CAD | 4.80% | 12.44 CAD | 6.22% | 132.25 USD | −8.10 USD |
Every quote for 5,000 CAD → USD
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Remitlyservice | 0.00 CAD | 0.47% | 23.43 CAD | 0.47% | 3,509.20 USD | best |
| 2. Wiseservice | 26.51 CAD | 0.00% | 26.51 CAD | 0.53% | 3,505.30 USD | −3.90 USD |
| 3. Xoomservice | 0.00 CAD | 1.79% | 89.45 CAD | 1.79% | 3,462.64 USD | −46.56 USD |
| 4. OFXservice | 15.00 CAD | 1.53% | 91.44 CAD | 1.83% | 3,461.24 USD | −47.96 USD |
| 5. Royal Bank of Canadabank | 0.00 CAD | 1.88% | 94.16 CAD | 1.88% | 3,459.33 USD | −49.87 USD |
| 6. TD Bankbank | 0.00 CAD | 2.50% | 124.81 CAD | 2.50% | 3,437.71 USD | −71.49 USD |
| 7. Western Unionservice | 2.99 CAD | 2.70% | 137.80 CAD | 2.76% | 3,428.55 USD | −80.65 USD |
| 8. PayPalservice | 2.99 CAD | 4.69% | 237.56 CAD | 4.75% | 3,358.21 USD | −150.99 USD |
Read next
Questions people ask
- Which provider gave the most for 1,000 CAD sent to United States?
- Remitly, with 701.84 USD delivered, in the snapshot retrieved 15 Oct 2026, 14:56 UTC. Its upfront fee was 0.00 CAD and its rate markup 0.47%.
- How much of the cost of sending CAD to USD is hidden in the exchange rate?
- For the 10 quotes on 1,000 CAD, rate markups ranged from 0.00% to 4.69% of the amount converted. 4 quotes charged no upfront fee but still had a markup above 0.5%.
- How current are these CAD to USD quotes?
- RateRunner retrieved them on 15 Oct 2026, 14:56 UTC. Each provider quote also carries its own collection time, shown in the tables, and quotes older than 24 hours are flagged. They are indicative; the price you are offered at checkout can differ.
Related corridors
Sources
- Indicative provider quotes: Wise public comparison data (retrieved 15 Oct 2026, 14:56 UTC). Wise collects quotes from listed banks and services and is itself listed.
- Reference rate: European Central Bank euro reference rates via Frankfurter (15 October 2026).
- Raw data for this page: cad-to-usd.json