Equity Edge vs Shareworks: Selling RSUs in Canada
Discover the differences between Equity Edge and Shareworks for selling RSUs in Canada. Compare features and understand the impact on your RSU sales and taxes
You can send money to the United Arab Emirates from Canada using Remitly.1 While this service provides a functional digital route, you should always compare total costs before initiating a transfer. This guide explains how to evaluate your options for this specific corridor to ensure you avoid unnecessary expenses. We’ve also explained how Wise helps you save by using the mid-market exchange rate and transparent, low fees for your international transfers.
Yes, Remitly supports money transfers from Canada to the UAE.1 The service is primarily digital and functions through a mobile app or website.2 It is designed for individuals looking to send funds directly to bank accounts in the Emirates.1 While it is an option, it is one of several digital services available for this route.
The process generally follows a standard digital workflow. First, you create an account and provide government-issued identification to satisfy Canadian regulatory requirements. 5 You then enter the recipient’s bank details, specifically their International Bank Account Number (IBAN), which is mandatory for the UAE.6 Finally, you choose your funding method.
Always look at the total cost, not just the upfront transfer fee. Many providers generate revenue by adding a markup to the exchange rate. This margin is often more expensive than the visible transfer fee. Different delivery speeds, such as express or economy, can also carry varying costs.1
Transfers may experience delays due to bank holidays or missing documentation. Ensuring all beneficiary details, especially the IBAN, are correct is vital for a smooth process. If you use a traditional bank rather than a specialized provider, you may also face unexpected intermediary bank fees that reduce the amount received.
Wise provides a transparent alternative for sending money to the UAE. We use the real mid-market exchange rate, which is the same one you find on Google. This ensures you do not pay hidden margins on currency conversion. By using our local banking network, you can move money quickly while keeping costs low and clear. Compare our rates today to see the difference.
Delivery speeds vary based on the transfer method and the chosen service.1 Options ranging from instant transfers to multi-day bank processing are common. Always check the estimated delivery time shown before confirming your transaction.
Yes, most digital transfer services, including Remitly, require the recipient to have a bank account in the UAE to process the deposit.1 You must provide the recipient's accurate IBAN to ensure the funds arrive successfully.6
Reputable transfer services use encryption and strict security protocols to protect your data.2 Always ensure the provider is regulated in Canada. Using strong, unique passwords and keeping your app updated helps maintain your account security.
Choosing the right way to send money to the UAE helps you keep more of your funds. While you can send money to the UAE through Remitly, comparing this against other options like Wise ensures you get the best value. Wise offers a clear, low-cost structure with the real exchange rate, making it a smart choice for your international needs. See how much you can save and compare our rates today for your next transfer.
Sources
Sources verified on 15 June 2026
*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.
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