How to send money abroad from Canada

How to send money abroad from Canada

The demand for sending money abroad from Canada has increased significantly. Whether it's to support family members overseas, engage in international business transactions, or fund educational pursuits abroad, Canadians find themselves frequently navigating the complexities of international money transfers.

However, navigating traditional methods of international money transfers—such as cash, checks, bank drafts, or money orders—can be cumbersome, slow, and filled with risks. Whether you're an entrepreneur, a freelancer, or a corporation, in Canada, the need for a reliable, swift, and secure solution to facilitate cross-border transactions is undeniable.

Before making international money transfers from Canada, it's essential to understand the fundamental aspects such as selecting the appropriate platform, obtaining the recipient's essential account information, understanding the prevailing exchange rates, and mastering the process of effortlessly sending the funds. We have simplified everything you need to know in this guide, about how to send money abroad from Canada.

How do I send Money Abroad from Canada?

There are various options available when trying to send money abroad from Canada, they include:

Modern Methods: Fintech companies like OhentPay are revolutionizing the game, offering a faster, easier, and more transparent way to send money internationally. OhentPay is a reliable platform for international transactions such as sending money abroad from Canada and 190+ countries. OhentPay offers competitive exchange rates, security measures, convenience and accessibility, and low transaction fees. You can download the OhentPay app, create an account, complete the KYC verification to secure your account in two minutes, add your preferred card,  and get started!

How to send Money Abroad from Canada using OhentPay.

To send money abroad from Canada, follow these steps:

  • Open the OhentPay app and log in with your PIN or thumbprint.
  • Tap on the ‘Send’ or arrow-like button on the home page.
  • On the ‘Send Money’ page, select the currency you want to send money in using the drop-down button.
  • Next, tap on ‘Select Recipient’ and add a receiver by tapping on the ‘+’ button on the page's top-right corner.
  • Select the country your recipient is located in from over 190+ countries, and select the currency you want to send the money in. 
  • Fill out the remaining fields on the form and click ‘Add Recipient.’ 
  • Confirm the recipient’s details displayed on the screen and select the ‘Pay with Card’ option. The transaction fees and estimated delivery time will be shown (ensure that you have added your card to your OhentPay account). 

Traditional Methods: Some of the traditional methods of sending money abroad from Canada include:

  • Banks: while banks typically have robust security measures in place, they can often have higher charges because of the fixed transaction fees, longer processing times, in-person transactions and less competitive exchange rates. They are mostly suitable for infrequent transactions and smaller amounts. To send money abroad using the bank, you should do the following:
  • Money Transfer Operators(MTOs): While MTOs like Western Union and MoneyGram offer speedy and accessible money transfers abroad, their convenience comes at a cost with higher fees, and limited payout options.
  • Cheques and Money Orders: While offering some familiarity, cheques and Money Orders are slow, inconvenient, and often come with high fees and security risks, longer wait times, potential for loss, and limited accessibility in foreign countries.







Low & transparent

High (wire transfers, SWIFT)

Moderate (variable)

High (issuing fees, hidden charges)


Fast (same day or next day)

Slow (2-5 business days)

Moderate (same day to 3 days)

Very slow (weeks)


Mobile app & online platform

Requires visiting a branch

Online and physical locations

Limited availability, requires mailing


All fees displayed upfront

Fees unclear, hidden charges possible

Variable fees, not always upfront

Fixed fees, limited transparency


Secure online platform, fraud protection

Reputable, but risk of fraud

Generally secure, but potential scams


Simple & intuitive mobile app/website

A complex process that requires paperwork

Moderate, may require account creation

Tips to Consider when Sending Money Abroad from Canada.

  • Before hitting send, research the receiving country's regulations and restrictions. Certain amounts might need special approvals, and some currencies may have transfer limitations.
  • Sending $100 or $10,000? Compare fees and exchange rates across different services. Smaller amounts might be convenient, while larger transfers might benefit from lower fees offered by specific providers.
  • Read reviews from other users to gauge their experience and trustworthiness. Don't be afraid to ask questions and compare options before choosing.
  • Use strong passwords, enable two-factor authentication, and only use trusted devices and networks for transactions. Never share personal or financial information over unsecured channels.

Wrapping up.

Navigating the complexities of sending money abroad from Canada requires a seamless solution that prioritizes efficiency, affordability, and reliability. As you explore the myriad of options available, from banks to MTOs,  we invite you to experience the convenience and transparency that OhentPay provides.

If you’d like to send money anywhere in the world and prefer fast transfers at great rates, we recommend the OhentPay money transfer service. Create an account to get started here.

Start your journey to connect beyond borders with OhentPay

OhentPay is registered and regulated by the Financial Conduct Authority (FCA) under the Payment Services Regulations 2017. Firm reference number: 800178. OhentPay is registered as a money service business with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) under registration number M20343943. OhentPay is registered as a money service business with the United States Financial Crimes Enforcement Network (FinCEN) under registration number 31000246878602.

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