Corridor USD → CAD · US dollar to Canadian dollar
What does it cost to send US dollars to Canada?
On 16 October 2026, the most a recipient in Canada got for 1,000 USD was 1,416.70 CAD via Remitly: a true cost of −0.32 USD (−0.03%) including fee and rate markup. The last of 7 quotes cost 4.41%.
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
- 1.4167
- Mid-market when quoted
- 1.4163
- Rate above mid-market inside the rate
- −0.32 USD −0.03%
- True total cost
- −0.32 USD −0.03%
- Recipient gets
- 1,416.70 CAD
Picking the last quote in this ledger (PayPal) instead would leave the recipient 62.87 CAD short.
Snapshot indicative quotes retrieved 16 Oct 2026, 17:02 UTC. Quote collected 16 Oct 2026, 16:44 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 | −0.03% | −0.32 USD | −0.03% | 1,416.70 CAD | best |
| 2. Instaremservice | 0.00 USD | 0.78% | 7.81 USD | 0.78% | 1,405.20 CAD | −11.50 CAD |
| 3. Wiseservice | 10.15 USD | 0.00% | 10.15 USD | 1.02% | 1,401.68 CAD | −15.02 CAD |
| 4. Western Unionservice | 1.99 USD | 1.38% | 15.75 USD | 1.58% | 1,393.94 CAD | −22.76 CAD |
| 5. OFXservice | 5.00 USD | 1.94% | 24.29 USD | 2.43% | 1,381.84 CAD | −34.86 CAD |
| 6. Xoomservice | 0.00 USD | 4.36% | 43.63 USD | 4.36% | 1,354.47 CAD | −62.23 CAD |
| 7. PayPalservice | 4.99 USD | 3.93% | 44.07 USD | 4.41% | 1,353.83 CAD | −62.87 CAD |
| Set aside, not ranked (3): see methodology | ||||||
| WorldRemitcollected 71 h before retrieval | 2.99 USD | 1.98% | — | — | 1,384.01 CAD | — |
| Wells Fargocollected 73 h before retrieval | 0.00 USD | 3.20% | — | — | 1,370.87 CAD | — |
| Chase (US)collected 70 h before retrieval | 5.00 USD | 3.01% | — | — | 1,366.79 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 | 0.07% | 9.58% | 283.06 CAD | 26.93 CAD | 7 |
| 1,000 USD | Remitly | −0.03% | 4.41% | 1,416.70 CAD | 62.87 CAD | 7 |
| 5,000 USD | Remitly | −0.03% | 4.02% | 7,083.50 CAD | 287.20 CAD | 7 |
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 0.07% (Remitly) to 9.58% (Xoom); the recipient would get 26.93 CAD less with the last quote than with the first.
- 2 of 7 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.
- Remitly quoted a rate above the mid-market rate recorded at collection time (negative markup). That usually reflects a promotional rate or a quote collected at a different moment, so confirm it before relying on it.
How does the quoted mid-market rate compare with the ECB reference?
The European Central Bank reference rate for USD/CAD on 16 October 2026 was 1.4161. The mid-market rate implied by the top quote at its collection time was 1.4163, a difference of 0.01%. 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 | 0.07% | 0.13 USD | 0.07% | 283.06 CAD | best |
| 2. Western Unionservice | 1.99 USD | 1.38% | 4.72 USD | 2.36% | 276.56 CAD | −6.50 CAD |
| 3. Instaremservice | 0.00 USD | 2.48% | 4.97 USD | 2.48% | 276.22 CAD | −6.84 CAD |
| 4. Wiseservice | 7.92 USD | 0.00% | 7.92 USD | 3.96% | 271.99 CAD | −11.07 CAD |
| 5. OFXservice | 5.00 USD | 1.94% | 8.78 USD | 4.39% | 270.81 CAD | −12.25 CAD |
| 6. PayPalservice | 4.99 USD | 3.93% | 12.65 USD | 6.33% | 265.33 CAD | −17.73 CAD |
| 7. Xoomservice | 0.00 USD | 9.58% | 19.15 USD | 9.58% | 256.13 CAD | −26.93 CAD |
| Set aside, not ranked (3): see methodology | ||||||
| Wells Fargocollected 73 h before retrieval | 0.00 USD | 3.20% | — | — | 274.17 CAD | — |
| WorldRemitcollected 71 h before retrieval | 2.99 USD | 1.98% | — | — | 273.48 CAD | — |
| Chase (US)collected 70 h before retrieval | 5.00 USD | 3.01% | — | — | 267.86 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 | −0.03% | −1.59 USD | −0.03% | 7,083.50 CAD | best |
| 2. Instaremservice | 0.00 USD | 0.34% | 16.78 USD | 0.34% | 7,057.49 CAD | −26.01 CAD |
| 3. Wiseservice | 21.32 USD | 0.00% | 21.32 USD | 0.43% | 7,050.06 CAD | −33.44 CAD |
| 4. OFXservice | 0.00 USD | 0.99% | 49.27 USD | 0.99% | 7,011.47 CAD | −72.03 CAD |
| 5. Western Unionservice | 1.99 USD | 1.38% | 70.92 USD | 1.42% | 6,980.81 CAD | −102.69 CAD |
| 6. Xoomservice | 0.00 USD | 2.75% | 137.72 USD | 2.75% | 6,886.21 CAD | −197.29 CAD |
| 7. PayPalservice | 4.99 USD | 3.93% | 201.20 USD | 4.02% | 6,796.30 CAD | −287.20 CAD |
| Set aside, not ranked (3): see methodology | ||||||
| WorldRemitcollected 71 h before retrieval | 2.99 USD | 1.98% | — | — | 6,936.66 CAD | — |
| Chase (US)collected 70 h before retrieval | 0.00 USD | 2.51% | — | — | 6,903.66 CAD | — |
| Wells Fargocollected 73 h before retrieval | 0.00 USD | 3.20% | — | — | 6,854.37 CAD | — |
Read next
Questions people ask
- Which provider gave the most for 1,000 USD sent to Canada?
- Remitly, with 1,416.70 CAD delivered, in the snapshot retrieved 16 Oct 2026, 17:02 UTC. Its upfront fee was 0.00 USD and its rate markup −0.03%.
- How much of the cost of sending USD to CAD is hidden in the exchange rate?
- For the 7 quotes on 1,000 USD, rate markups ranged from −0.03% to 4.36% of the amount converted. 2 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 16 Oct 2026, 17:02 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 16 Oct 2026, 17:02 UTC). Wise collects quotes from listed banks and services and is itself listed.
- Reference rate: European Central Bank euro reference rates via Frankfurter (16 October 2026).
- Raw data for this page: usd-to-cad.json