Compare Providers
Always compare multiple money transfer services before converting USD to CAD. Banks often charge higher spreads or hidden fees, while specialized FX platforms (like Venn) can offer better mid-market rates.
Avoid Hidden Fees
Watch out for platforms that hide fees in the exchange rate. Look for services that offer full transparency, like showing the actual exchange rate and separate transfer fee upfront.
Use a Third Party Platform like Venn
With support for over 180 countries and 36 currencies, Venn helps businesses and individuals move money globally with same-day transfers, instant rate quotes, and real-time payment tracking. Whether you're paying international suppliers or managing payroll, Venn makes sure you get more value for every dollar
0.25%
0.35%
0.45%

0.74%

3.60%
2.45%
2.98%

2.01%
The competitor rates displayed are based on publicly available information collected from their websites and other sources. These rates reflect historical data and may not represent real-time pricing. Exchange rates and fees are subject to change without notice and may vary based on transaction size, timing, and other factors. Always verify current rates directly with the provider before making a transaction.
Easily open CAD, USD, GBP, and EUR Accounts with Venn
Open local accounts in CAD, USD, GBP, and EUR to get paid easily via EFT, ACH, SEPA, UK Faster Payments, and Interac. Hold and convert multiple currencies, all in one simple, secure platform.

1. Enter your amount
2. Select your currencies
3. Get the best rate
Join 4,000+ businesses banking with Venn today
Streamline your business banking and save on your spend and transfers today
No personal credit check or guarantee.
