What’s the best way to send money abroad?

The best way to send money abroad depends on your needs. Online payment services and foreign exchange companies often offer the most competitive rates and lowest fees. While bank wire transfers are secure, they can be more expensive.

Why bank isn't ideal for regular money transfers?

Banks aren't always ideal for regular money transfers because they typically have higher fees, slower processing times, and less favourable exchange rates compared to specialized transfer services. Additionally, banks may charge hidden fees, offer less flexibility with transfer amounts, and require more paperwork for international transfers.

How do I make an international transfer online?

To send money online, sign up with a reliable transfer service, enter your recipient’s details, and select the amount and currency. You can fund the transfer from your bank account or credit card, making the process simple and efficient.

How do exchange rates impact my international money transfer?

Exchange rates determine how much your recipient will get in their local currency. Using services like MTFX ensures you get the best value for your money, thanks to competitive exchange rates.

Can I send money to a bank account using my phone?

Yes, many online services, including MTFX, offer mobile apps that allow you to send money directly to bank accounts abroad, making it quick and convenient.

How long does it take to send money abroad?

International transfers can take anywhere from a few minutes to several business days, depending on the service you choose. Online platforms are generally faster than traditional bank wire transfers.

Fast, Simple and Secure Regular Transfers

With expert support and competitive exchange rates, sending money abroad is simple and stress-free.

Bank-beating exchange rates
Low transaction fees
Quick and secure transfers

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50+ Currencies: Send money anywhere
4% Better Rates: Save more on every transfer
Online Platform: Send money on-the-go
Established 1996: FINTRAC-regulated

Run payments like clockwork with our regular transfers

From bills and expenses to family support and investments, stay on top of your global payments.

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Overseas studies

Support your studies abroad with seamless tuition and accommodation payments.

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Overseas bills

Never miss a payment—send money abroad for bills and utilities in a few clicks.

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Working overseas

Receive and send earnings across borders with fast and secure money transfers.

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Expats

Send and receive money with ultimate ease while living in another country.

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Mortgage payments

Stay on top of your mortgage payments and transfer money in 50+ currencies.

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Rental income

Maximize your rental income with competitive rates and rate lock-in options.

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Foreign investments

Move your money internationally for property and business investments.

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Send money overseas

Ensure seamless international transfers regardless of where you live.

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Regular money transfers that work for you

MTFX Live Rate Calculator

Conversion rate

CAD/

/CAD

Total amount

10,000.00 CAD

We use mid-market rates. This is for informational purposes only. Log in to view send rates.

Regular money transfers that work for you

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Send globally

Make global money transfers to more than 190 countries.

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Send easily

Send funds from the comfort of your home or on-the-go.

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Send fast

Enjoy same-day or next-day transfers in major currencies.

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Send securely

FINTRAC-regulated for safe and compliant transfers.

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THE MTFX ADVANTAGE

Get better value with every transfer

Save on conversions

Get bank-beating exchange rates and save more on every international transfer.

Low transfer fees

Enjoy transparent fees with no hidden costs, so you keep more of your money.

Get personalized support

Our currency specialists offer 24/7 support and guidance for every transaction.

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THE MTFX ADVANTAGE

Get better value with every transfer

What could you save using MTFX vs the bank?

The comparison is based on publicly available information. Rates may vary based on the amount. Please verify independently.

Why choose MTFX for regular transfers?

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Why choose MTFX for regular transfers?

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Trusted since 1996

Providing reliable payment solutions for almost three decades.

More savings

Get the best rates and pocket more of your money.

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Personalized support

Dedicated personnel for expert support and guidance.

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How it works

Fast, reliable and cost-effective overseas money transfers.

1
Create an account
Sign up in less than 5 minutes and access competitive exchange rates for your global transfers.
2
Get a free quote
Enter the amount you want to send, receive a real-time quote and secure the best exchange rate.
3
Add recipient details
Fill in your recipient’s banking details or select from saved contacts for quick transfers.
4
Confirm and send
Review details, confirm the transfer and enjoy savings up to 4% better than banks.

Personal Testimonials

MTFX is trusted by thousands around the globe

Secure better FX rates for money transfers

Save more with up to 4% better exchange rates than your bank.

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Exchange rates can make all the difference

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Exchange rates can make all the difference

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How exchange rates affect regular money transfers?

Exchange rates change quickly, influenced by political events and economic reports. Inflated rates on regular transfers can mean paying thousands more than you should.

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MTFX currency exchange rates

MTFX exchange rates save you up to 4% on money transfers. Plus, you can track live market rates and schedule your transfers at the optimal time to maximize savings.

Bank-level security for every money transfer

We use advanced encryption and fraud prevention to protect your funds and personal information. Our multi-layered security protocols safeguard every transaction, including two-factor authentication and secure banking integrations.

Additionally, we are fully regulated and compliant with international financial standards, ensuring that your money is transferred through trusted and verified channels.

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Bank-level security for every money transfer

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Additionally, we are fully regulated and compliant with international financial standards, ensuring that your money is transferred through trusted and verified channels.