“MTFX makes international payments effortless. A real game-changer for my business. Their rates are consistently better than banks, transfers are fast, and the platform is simple to use. My suppliers often receive funds the same day.”
Sarah
4.3+
4.7+
Send Money to USA from Canada
Send money from Canada to a US bank account with competitive CAD to USD exchange rates, transparent pricing and fast delivery. See the estimated USD amount your recipient could receive before you transfer.
Competitive CAD to USD rates
Fast and secure transfers to US
Dedicated FX support for all your transfers
Live CAD to USD Exchange Rate Calculator
Convert CAD to USD, compare exchange rates, and send money online to the US with MTFX.
Exchange rates
CAD/USD0.7139
USD/CAD1.4007
Recipient amount7,139.50 USD
We use mid-market rates. This is for informational purposes only. Log in to view send rates.
COMPARE CAD/USD RATES
Compare MTFX vs Canadian banks for CAD to USD transfers
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 to the US.
Updating
Best value
ProvidersRecipient gets
MTFXBest value
7,308.00USDGet up to +168.08 USD more
Get up to +168.08 USD moreNo obligation • Rate valid for a limited time
Why Canadians trust MTFX for US dollar money transfers
Whether it’s a one-time payment or a regular transfer, send money to the US with an experienced team and personal support.
Trusted since 1996
Decades of experience helping Canadians move money.
FINTRAC-regulated
Regulated by FINTRAC under registration no. M09819788.
Dedicated human support
Get help from FX specialists for US transfers.
Fast and secure US transfers
Send money to the US within one to two business days.
MTFX CUSTOMER REVIEWS
What customers say about MTFX
See why customers choose MTFX as their trusted money transfer service for money transfers to US and CAD to USD transfers.
SEND MONEY TO USA
How to transfer money from Canada to a US bank account
Enter your CAD amount, add your recipient’s US bank details and confirm your transfer online.
Join MTFX and check your exchange rateSet up your personal or business MTFX account and check the CAD to USD exchange rate.
Add your recipient’s US bank detailsEnter the recipient’s details, US bank account number and the ABA routing number to send money online.
Review details and confirm your transferReview the transfer details, then confirm your payment to transfer money from Canada to US.
SAVE ON CAD/USD
Cheapest way to send money to the US from Canada
The cheapest way to send money from Canada to the US depends on the CAD/USD exchange rate margin, transfer fees and receiving charges.
Up to 4% better USD rates than your bank- Low or no transaction fees
- Transparent pricing with no hidden costs
- Cost-effective US transfers since 1996
Review your exchange rate, transfer fee and total cost before confirming your transaction.
LARGE CAD TO USD TRANSFERS
Sending a large transfer to the US from Canada?
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.
MORE THAN JUST A BETTER EXCHANGE RATE
Bank-beating exchange rates
No transaction fees or charges
Fast and secure transfers
Dedicated FX support
Get a personalized large-transfer quote
Tell us the details and an FX specialist will follow up with your rate.
FAST US TRANSFERS
Fastest way to send money from Canada to the US
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.
- Same-day money transfers from Canada to the US
- Fast processing, so your money arrives on time
- 30-year track record of timely transfers to the US
- Dedicated FX support for seamless experience
Transfer timing can vary based on funding method, submission time, recipient bank and Canadian or US bank holidays.
SECURE & REGULATED
Is it safe to send money from Canada to the USA with MTFX?
Yes. MTFX is registered with FINTRAC and uses identity verification, transaction monitoring, encryption and two-factor authentication to protect customer accounts and transfers.
FINTRAC-regulatedMTFX is registered and regulated by FINTRAC, registration No. M09819788, ensuring compliance with anti-money laundering requirements.
Bank-grade encryptionAll sensitive data is secured with bank-grade encryption protocols, keeping your information safe from unauthorized access.
AML & KYC complianceEvery transfer undergoes anti-money laundering (AML) and know-your-customer (KYC) checks to verify identities and fund sources.
Two-factor authentication (2FA)We enforce two-factor authentication (2FA) for protection, so if someone gets hold of your password, they can’t access your account.
Built around your transfer needs
Common reasons Canadians send money to the US
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.
US property purchases
Send money for property deposits, closing costs, mortgage payments and other real estate expenses with competitive CAD to USD rates and dedicated support.
US tuition payments
Send tuition fees and other education payments directly to US colleges and universities from Canada with transparent pricing and reliable delivery.
Snowbird expenses
Planning to head south this winter? Cover property costs, utilities, insurance and other seasonal expenses in the US without relying on expensive bank transfers.
USD cross-border 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.
