Corridor USD → CAD · US dollar to Canadian dollar
What does it cost to send US dollars to Canada?
On 15 October 2026, the most a recipient in Canada got for 1,000 USD was 1,415.00 CAD via Remitly: a true cost of 1.58 USD (0.16%) including fee and rate markup. The last of 10 quotes cost 4.50%.
Transfer cost receipt · USD → CAD
Most to the recipient: Remitly transfer service
- You send
- 1,000.00 USD
- Upfront fee
- 0.00 USD
- Amount converted
- 1,000.00 USD
- Rate given
- 1.4150
- Mid-market when quoted
- 1.4172
- Exchange-rate markup inside the rate
- 1.58 USD 0.16%
- True total cost
- 1.58 USD 0.16%
- Recipient gets
- 1,415.00 CAD
Picking the last quote in this ledger (PayPal) instead would leave the recipient 61.55 CAD short.
Snapshot indicative quotes retrieved 15 Oct 2026, 14:55 UTC. Quote collected 15 Oct 2026, 14:44 UTC. Source: Wise public comparison data.
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Every quote for 1,000 USD → CAD
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 USD | 0.16% | 1.58 USD | 0.16% | 1,415.00 CAD | best |
| 2. Instaremservice | 0.00 USD | 0.91% | 9.05 USD | 0.91% | 1,404.42 CAD | −10.58 CAD |
| 3. Wiseservice | 10.15 USD | 0.00% | 10.15 USD | 1.02% | 1,404.05 CAD | −10.95 CAD |
| 4. Western Unionservice | 1.99 USD | 1.51% | 17.10 USD | 1.71% | 1,393.02 CAD | −21.98 CAD |
| 5. WorldRemitservice 2d old | 2.99 USD | 1.98% | 22.76 USD | 2.28% | 1,384.99 CAD | −30.01 CAD |
| 6. OFXservice | 5.00 USD | 2.17% | 26.55 USD | 2.65% | 1,379.62 CAD | −35.38 CAD |
| 7. Wells Fargobank 2d old | 0.00 USD | 3.20% | 32.04 USD | 3.20% | 1,371.84 CAD | −43.16 CAD |
| 8. Chase (US)bank 2d old | 5.00 USD | 3.01% | 34.92 USD | 3.49% | 1,367.76 CAD | −47.24 CAD |
| 9. Xoomservice | 0.00 USD | 4.44% | 44.45 USD | 4.44% | 1,354.26 CAD | −60.74 CAD |
| 10. PayPalservice | 4.99 USD | 4.02% | 45.02 USD | 4.50% | 1,353.45 CAD | −61.55 CAD |
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 USD | Remitly | 0.26% | 9.65% | 282.72 CAD | 26.63 CAD | 10 |
| 1,000 USD | Remitly | 0.16% | 4.50% | 1,415.00 CAD | 61.55 CAD | 10 |
| 5,000 USD | Remitly | 0.16% | 4.12% | 7,075.02 CAD | 280.63 CAD | 10 |
What the USD → CAD numbers show
- Remitly delivered the most at every snapshot amount (200.00 USD, 1,000.00 USD, 5,000.00 USD).
- At 200.00 USD, true cost ranged from 0.26% (Remitly) to 9.65% (Xoom); the recipient would get 26.63 CAD less with the last quote than with the first.
- Banks listed for this corridor averaged 3.35% in true cost at 1,000.00 USD, against 2.21% for non-bank transfer services; on average 93% of the banks' cost sat inside the exchange rate rather than in a stated fee.
- 3 of 10 quotes at 1,000.00 USD 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 USD/CAD on 15 October 2026 was 1.4207. The mid-market rate implied by the top quote at its collection time was 1.4172, a difference of −0.24%. 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 USD → CAD
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Remitlyservice | 0.00 USD | 0.26% | 0.51 USD | 0.26% | 282.72 CAD | best |
| 2. Western Unionservice | 1.99 USD | 1.51% | 4.99 USD | 2.49% | 276.38 CAD | −6.34 CAD |
| 3. Instaremservice | 0.00 USD | 2.61% | 5.22 USD | 2.61% | 276.05 CAD | −6.67 CAD |
| 4. Wells Fargobank 2d old | 0.00 USD | 3.20% | 6.41 USD | 3.20% | 274.37 CAD | −8.35 CAD |
| 5. WorldRemitservice 2d old | 2.99 USD | 1.98% | 6.90 USD | 3.45% | 273.67 CAD | −9.05 CAD |
| 6. Wiseservice | 7.92 USD | 0.00% | 7.92 USD | 3.96% | 272.50 CAD | −10.22 CAD |
| 7. OFXservice | 5.00 USD | 2.17% | 9.22 USD | 4.61% | 270.38 CAD | −12.34 CAD |
| 8. Chase (US)bank 2d old | 5.00 USD | 3.01% | 10.86 USD | 5.43% | 268.05 CAD | −14.67 CAD |
| 9. PayPalservice | 4.99 USD | 4.02% | 12.84 USD | 6.42% | 265.26 CAD | −17.46 CAD |
| 10. Xoomservice | 0.00 USD | 9.65% | 19.31 USD | 9.65% | 256.09 CAD | −26.63 CAD |
Every quote for 5,000 USD → CAD
| Provider | Upfront fee | Rate markup | True cost | Cost % | Recipient gets | vs best |
|---|---|---|---|---|---|---|
| 1. Remitlyservice | 0.00 USD | 0.16% | 7.92 USD | 0.16% | 7,075.02 CAD | best |
| 2. Wiseservice | 21.32 USD | 0.00% | 21.32 USD | 0.43% | 7,063.25 CAD | −11.77 CAD |
| 3. Instaremservice | 0.00 USD | 0.44% | 22.01 USD | 0.44% | 7,055.06 CAD | −19.96 CAD |
| 4. OFXservice | 0.00 USD | 1.21% | 60.75 USD | 1.21% | 7,000.16 CAD | −74.86 CAD |
| 5. Western Unionservice | 1.99 USD | 1.51% | 77.64 USD | 1.55% | 6,976.22 CAD | −98.80 CAD |
| 6. WorldRemitservice 2d old | 2.99 USD | 1.98% | 102.09 USD | 2.04% | 6,941.56 CAD | −133.46 CAD |
| 7. Chase (US)bank 2d old | 0.00 USD | 2.51% | 125.39 USD | 2.51% | 6,908.54 CAD | −166.48 CAD |
| 8. Xoomservice | 0.00 USD | 2.84% | 141.99 USD | 2.84% | 6,885.01 CAD | −190.01 CAD |
| 9. Wells Fargobank 2d old | 0.00 USD | 3.20% | 160.20 USD | 3.20% | 6,859.20 CAD | −215.82 CAD |
| 10. PayPalservice | 4.99 USD | 4.02% | 205.94 USD | 4.12% | 6,794.39 CAD | −280.63 CAD |
Read next
Questions people ask
- Which provider gave the most for 1,000 USD sent to Canada?
- Remitly, with 1,415.00 CAD delivered, in the snapshot retrieved 15 Oct 2026, 14:55 UTC. Its upfront fee was 0.00 USD and its rate markup 0.16%.
- How much of the cost of sending USD to CAD is hidden in the exchange rate?
- For the 10 quotes on 1,000 USD, rate markups ranged from 0.00% to 4.44% of the amount converted. 3 quotes charged no upfront fee but still had a markup above 0.5%.
- How current are these USD to CAD quotes?
- RateRunner retrieved them on 15 Oct 2026, 14:55 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, 14:55 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: usd-to-cad.json