Send money from Canada to the US online with competitive CAD to USD exchange rates, transparent transfer costs and fast delivery to US bank accounts. Compare the exchange rate and estimated USD amount your recipient will receive before you transfer.
Convert CAD to USD, compare exchange rates, and send money online to the US with MTFX.
Exchange rates
We use mid-market rates. This is for informational purposes only. Log in to view send rates.
Bank exchange rates can include a markup over the mid-market rate, reducing the USD your recipient receives. Compare the total cost before you transfer to find the cheapest way to send money from Canada to US.
Whether it’s a one-time payment or a regular transfer, send money to the US with an experienced team and personal support.
Decades of experience helping Canadians move money.
Regulated by FINTRAC under registration no. M08042065.
Get help from FX specialists for US transfers.
Send money to the US within one to two business days.
See why customers choose MTFX as their trusted money transfer service for money transfers to US and CAD to USD transfers.
“We were comparing rates to exchange CAD to USD to purchase a property. We are so happy that we chose MTFX! We saved a lot of money by choosing this company. The money was exchanged right away, and the transfer was received in a couple of days. Very professional company with excellent customer service."
Enter your CAD amount, add your recipient’s US bank details and confirm your transfer online.
Create your free MTFX account, complete verification and get ready to make your international transfer.
Get a CAD to USD quote, review your exchange rate and enter your recipient details to book the transfer.
Fund your account and once your money is received, we’ll send the money to your recipient in the US.
The cheapest way to send money from Canada to the US depends on the CAD/USD exchange rate margin, transfer fees and receiving charges.
Review your exchange rate, transfer fee and total cost before confirming your transaction.
Unlock greater savings.
For high-value CAD to USD transfers, even a small exchange rate difference can materially affect the amount received in USD. Get a personalized quote and dedicated FX support.
Tell us the details and an FX specialist will follow up with your rate.
Most MTFX transfers can be processed the same day or the next business day after funds are received. Timing depends on the funding method, submission time, verification requirements, recipient bank and holidays.
Transfer timing can vary based on funding method, submission time, recipient bank and Canadian or US bank holidays.
Yes. MTFX is registered with FINTRAC and uses identity verification, transaction monitoring, encryption and two-factor authentication to protect customer accounts and transfers.
MTFX is registered and regulated by FINTRAC, registration No. M08042065, ensuring compliance with anti-money laundering requirements.
All sensitive data is secured with bank-grade encryption protocols, keeping your information safe from unauthorized access.
Every transfer undergoes anti-money laundering (AML) and know-your-customer (KYC) checks to verify identities and fund sources.
We enforce two-factor authentication (2FA) for protection, so if someone gets hold of your password, they can’t access your account.
From property purchases and tuition to recurring US expenses, use MTFX to convert CAD to USD and send funds directly where they need to go.
Send money for property deposits, closing costs, mortgage payments and other real estate expenses with competitive CAD to USD rates and dedicated support.
Send tuition fees and other education payments directly to US colleges and universities from Canada with transparent pricing and reliable delivery.
Planning to head south this winter? Cover property costs, utilities, insurance and other seasonal expenses in the US without relying on expensive bank transfers.
From investing and importing a luxury item to paying bills and mortgage, send money to the US with complete peace of mind at the best USD exchange rates.
Start today, and let us take the hassle out of overseas transfers.
USA TRANSFER FAQS
The best option should provide a competitive CAD to USD exchange rate, transparent fees, reliable delivery and secure transfers to US bank accounts. With MTFX, you can review your rate and estimated recipient amount before confirming the transfer.
Interac e-Transfer cannot be sent directly to a US bank account. However, you can use Interac e-Transfer to fund your MTFX account, convert your CAD to USD and then send the funds to your recipient in the United States.
You generally need the recipient’s full legal name, residential address, US bank account number, account type and nine-digit ABA routing number. Additional information may be required depending on the transfer and receiving bank.
Most MTFX transfers are processed within the same or next business day after your funds are received. The final delivery time can vary depending on the funding method, transfer amount, verification requirements and recipient bank.
Compare the complete transfer cost, including the exchange rate margin, transfer fee and any potential receiving charges. MTFX provides competitive CAD to USD rates and transparent pricing so you can see the estimated amount your recipient will receive before sending.
MTFX can send money to most major US banks and financial institutions supported by standard payment networks. You will need the recipient’s correct bank account and ABA routing details to complete the transfer.
Transfer limits may depend on your account, funding method and verification status. MTFX also supports high-value transfers for property purchases, tuition, retirement and other significant US payments.
MTFX is registered and regulated by FINTRAC and uses encryption, identity verification, transaction monitoring and two-factor authentication to help protect your personal information and transfers.
Check the MTFX CAD to USD currency converter for the latest live exchange rate and conversion value. Check the live CAD to USD rate.
Enter $10,000 CAD into the MTFX currency calculator to see the current conversion estimate. For your actual transfer rate and final cost, log in for a personalized quote. Use the MTFX currency calculator.
Yes. Use MTFX to convert CAD to USD and send the funds directly to your recipient’s US bank account.
An ABA routing number is the nine-digit code used to identify a US bank. Use the MTFX routing number lookup tool to check that the routing number is valid before sending your transfer. Check an ABA routing number.
To send a large amount to the US, set up your MTFX account, request a CAD to USD quote and add the recipient’s US bank details. You can then fund the transfer using an available payment method. Higher-value transfers may require additional verification, so it can help to arrange the payment in advance of any deadline.
Depending on the size and purpose of the transfer, you may be asked to provide identification, proof of the source of funds and supporting documents explaining the payment. This could include bank statements, invoices, investment records or property documents. Additional verification may be required for certain high-value transfers.
MTFX supports several ways to fund a transfer, which may include Interac e-Transfer, bill payment, electronic funds transfer (EFT) and bank wire. The methods available can depend on the size of your payment and account setup. Funding limits, processing times and any applicable charges may also vary by method.
The final amount received can depend on the payment route and the recipient’s bank. In some cases, intermediary or receiving banks may apply charges before the funds are credited. Reviewing the transfer details before confirming the payment can help you understand the expected USD amount your recipient will receive.
Yes. You can send money from Canada to an eligible US bank account held in your own name. Add the US account as the recipient and provide the required banking information, such as the account number and routing details. Make sure the account information is accurate before confirming the transfer.
Depending on the payment and recipient bank details, US transfers may be delivered through ACH, ABA wire or SWIFT. The available route can affect transfer speed, banking requirements and potential charges. MTFX will use the appropriate payment method based on the transfer instructions provided.
Yes. Canadian businesses can use MTFX to pay US suppliers, vendors and other business recipients in USD. You can add the supplier’s banking information, enter the relevant invoice or payment reference and fund the transfer from your business account. This can also be used for recurring or higher-value supplier payments.
You can review the status of your payment through your MTFX account as the transfer is processed. If you notice an error in the recipient details, contact MTFX as soon as possible. Changes may be possible before the payment is released, but options can become limited once processing has begun.
