Send Money to the US from Canada
Send money from Canada to the US without unnecessary fees or delays. With MTFX, it’s fast, affordable, and hassle-free. Access real rates, avoid bank markups, and ensure more of your CAD reaches the US as USD.
We use mid-market rates. This is for informational purposes only. Log in to view send rates.
How to send money to the US from Canada
MTFX makes it a breeze to sign up, get verified and start sending money abroad.
- 1Add transfer amount
Enter the amount you want to send and receive a real-time quote to convert CAD to USD at the best rate.
- 2Select your recipient
Fill in your recipient’s banking details or select from saved contacts for quick money transfers to the US.
- 3Send your payments
Review your details, confirm the transfer, and let us handle the rest.
Here's why thousands of people choose MTFX to send money to the US
We help you find the best deal
You get access to competitive exchange rates and low fees, so you can make the most of every dollar you send. By comparing live market rates and removing unnecessary markups, you keep more money in your recipient’s hands.
We help you make informed decisions
You get real-time currency data, expert guidance, and transparent pricing, allowing you to choose the right time and method to transfer. Whether it’s a one-time payment or regular transfers, you always stay in control.
We take away the hassle for you
You enjoy a smooth, stress-free experience from start to finish. The entire transfer process is handled online with clear steps, fast delivery, and responsive support, so you can focus on what matters most.
How much more can you get with MTFX compared to your bank?
Compare exchange rates and unlock greater value with faster transfers than banks or standard providers. With transparent pricing, real-time FX tools, and secure transactions, you save more every time you send money to the US. See how MTFX stacks up on the USD exchange rate.
Recipient gets
0.00 USD
Recipient gets
0.00 USD
Recipient gets
0.00 USD
- Up to 4% better CAD-to-USD rate
Banks often inflate exchange rates with hidden markups. At MTFX, you get transparent rates with a minimal margin and low fees, so more of your money reaches your recipient.
- Transparency you can trust
With MTFX, you see the true exchange rate upfront. No hidden markups, no surprise fees. Just clear, transparent pricing every time you send money from Canada to the US.
- Transfers without the wait
Don’t let your money slow down when it can move faster. Avoid processing delays, skip unnecessary paperwork, and enjoy transfers that typically arrive within one business day.
- 30 years of proven expertise
For nearly three decades, MTFX has been at the forefront of foreign exchange and global payments, trusted for consistency, expertise, and integrity.
- Fully committed to security
Every transaction with MTFX is protected by advanced technology and strict regulatory standards. From encryption to compliance, we leave nothing to chance.
- Personalized support a click away
At MTFX, you’re never treated as just another transaction. We provide one-on-one support, helping you find the best exchange rates, timing, and transfer options.
More than one reason to send money to the USA with MTFX
Whether you're covering tuition, paying bills, or buying your dream property in Florida, MTFX gives you flexible options tailored to your needs.
Buy property in the US
Secure competitive exchange rates and low transfer fees when purchasing real estate across the border, whether it’s your dream vacation home in Florida or an investment property in Texas.
Pay US college tuition
Canadian studying in the States? Easily send tuition payments to US colleges with fast, reliable transfers and transparent pricing, so your funds arrive on time, every time.
Manage snowbird expenses
Planning to head south this winter? Cover your seasonal living costs in the US seamlessly with competitive exchange rates and convenient online transfers, ideal for snowbirds.
Prepare for retirement in Europe
Move your retirement funds to the United States securely and efficiently, while saving thousands of dollars on exchange rates and avoiding unnecessary banking fees.
Fast, simple transfers to the US
Send money to the US with our competitive rates and transparent pricing.
Best ways to send money to the US with MTFX
Interac e-Transfer
Easily fund your MTFX account directly from your Canadian bank using Interac e-Transfer. It’s quick, secure, and widely supported, making it one of the simplest ways to add funds.
Bill Payment
Top up your MTFX account through your online banking by selecting MTFX as a payee. Bill payments are reliable and convenient, with funds usually arriving in 1–3 business days.
EFT (Electronic Funds Transfer)
Send funds from your bank via Electronic Funds Transfer (EFT), ideal for larger amounts, recurring transfers, or business payments, with predictable settlement times and low fees.
Wire Transfer
Fund your MTFX account quickly and securely using a bank wire transfer. Wires are well-suited for larger or urgent funding needs, and funds usually arrive on the same or next business day.
Money coming in? Receive US dollars with MTFX for less
Receive in CAD or USD - your choice
Choose how you want to receive your funds: directly in Canadian dollars or in US dollars. MTFX gives you the flexibility to match your needs, whether you’re managing local expenses or keeping funds in USD for future use.
Have your own local US dollar account
MTFX lets you open a dedicated US dollar account right here in Canada. Receive payments like a local, avoid conversion costs when it suits you, and manage your USD balance with ease.
Zero processing or paperwork delays
Skip the long waits and unnecessary forms. With MTFX, your transfers are processed quickly and securely without unnecessary paperwork slowing you down. Get your money moving when you need it most, not days later.
Transparency in every transaction
At MTFX, transparency is at the core of every transaction. You can send money knowing exactly where your funds are going and how much your recipient will receive.
Real-time exchange rates
Every transfer uses the live mid-market rate, so you see exactly what your CAD is worth in USD.
Fair, visible margins
We apply only a small, clearly displayed margin, much lower than banks.
Full cost breakdown
Before you confirm, you’ll see the exact exchange rate, fees, and the final amount your recipient will receive.
Transfers that meet the highest safety standards
MTFX prioritizes your safety with strict regulatory compliance, advanced encryption and proactive fraud monitoring. Your funds are safeguarded in segregated accounts for maximum security and peace of mind.
Regulatory compliance
MTFX is fully regulated under Canadian financial authorities, ensuring every transfer meets strict compliance and reporting standards.
Encryption & data protection
Advanced encryption safeguards your personal and financial information, keeping every transaction private and secure.
Fraud monitoring
Our systems actively monitor transfers for unusual activity, helping protect your money against fraud.
Segregated accounts
All client funds are held in segregated accounts, ensuring your money remains safe and separate at all times.
Keep updated
Make informed decisions
Access tools to help you track, manage and simplify your global payments.
Read our latest blogs
MTFX is trusted by thousands around the globe
Frequently asked questions
Sending money from Canada to the United States has never been easier. While banks often charge high fees for international transfers, MTFX offers competitive exchange rates and low fees, making it a smarter choice for your cross-border transactions.
To complete a transfer, you’ll need your recipient’s full legal name, residential address (no P.O. boxes), bank account number, account type and their ACH or wire routing number (ABA).
For individuals, always include both first and last names using only Latin characters (a–z). Account numbers should be 4–17 digits long, while routing numbers must be exactly 9 digits. Find the routing number of your recipient
The transfer time depends on the method you choose. With MTFX, most transfers are processed within the same or next business day, ensuring your funds arrive quickly and securely in the recipient’s account.
With MTFX, you can send money abroad for as little as $15 in transfer fees. Plus, transactions over $10,000 come with no additional costs, making MTFX far more affordable than banks, which can charge up to $50 per transfer.
Yes! MTFX can transfer funds to all major banks in the United States. As long as the bank is supported by standard wire transfer networks, we can facilitate a secure and efficient transaction.
MTFX allows you to send large amounts with ease. However, specific limits may vary based on the transfer method and your account type. To confirm any applicable limits for your transaction, reach out to us for details.
Absolutely! MTFX ensures your online transfers are safe and secure. As a FINTRAC-regulated provider, we adhere to the highest compliance and security standards, giving you peace of mind with every transaction.
Create your MTFX account today
Start today, and let us take the hassle out of overseas transfers.