A closer look at Shopify’s multi-currency features in Canada
This article will go over how the multi-currency payments system works, how to set it up, and how you can use it with Wise to grow your business
Shipping to the UK can lead to global opportunities for Canadian businesses – but it can be daunting to start the shipping process.
We’ve put together a guide to shipping from Canada to the UK, including essential know-how, costs and the best shipping companies for your goods.
We’ll also take a look at Wise, your international business account. Send money to 80 countries without currency conversion charges!
There are some things to think about before shipping your goods to the UK from Canada.
You’ll need to pay customs duty for goods worth more than 135 GBP, as well as excise duty for goods like alcohol or tobacco. You’ll also need to pay value added tax (VAT), as this is charged on all goods sent from outside the UK.¹
If you’re shipping to the UK, you’ll need to make sure your goods can successfully clear UK customs. Register any goods that may have restrictions, such as fresh produce, and get your products ready for inspection with the correct packaging.²
If you’re shipping goods from Canada to the UK, you’ll first need to work out the value of your goods. This can help you understand how much duty and VAT you need to pay.
There are some key documents and pieces of information you’ll need for your import:
However, this list isn’t exhaustive. Make sure to contact UK customs for up-to-date information about your shipment.
Your shipment regulations will depend on what you want to ship to the UK, as different goods require different documents, packaging and licenses. For example, goods like animal products or medicines may need a special license to enter the UK.⁴
Some shipping companies may also have their own restrictions. For example, you can’t ship aerosols or nail polish with DHL.⁵
You’ll need to cover the costs of your import. A few factors can influence shipment costs, including:
The cost of your shipment can also depend on whether you need general cargo or express cargo. General cargo is intended for regular goods, whereas items like perishables or live animals may need express or special cargo. These products often require additional requirements, such as urgent delivery.
For the most part, general shipping is less expensive. This is because express shipping often requires air freight, which is typically more expensive than sea or road freight.
You’ll also need to think about currency conversion charges, as you may need to pay for your UK shipment in GBP. Many banks and money transfer platforms charge for sending money abroad – and this can add to the cost of your import.
Some intermediary banks may also charge a fee for global payments in the SWIFT network. Make sure to explore your options before organising your shipment.
Reduce your shipping costs with a Wise multi-currency account!
Hold money in 40+ currencies or make speedy, stress-free payments in CAD, GBP, USD, EUR and many other currencies.
Wise saves your recipient’s local currency details to save costs on currency conversion and unexpected fees charged by intermediary banks.
Spend money at the mid-market exchange rate – the one you typically see on Google. This is the only ‘real’ exchange rate – and you’ll never pay markups or conversion fees with Wise.
You can even use your Wise Business account to:
Enjoy transparent fees and full peace of mind with Wise!
Note: Transaction speed claimed depends on funds availability, approval by Wise’s proprietary verification system and systems availability of our partners’ banking system, and may not be available for all transactions
Please see the Terms and Conditions for your region and visit our pricing page for the most up-to-date pricing and fee information on Wise products.
Let’s take a look at some popular shipping companies, including the cheapest ways to ship goods from Canada to the UK.
Founded in 1867, Canada Post is a common delivery option for shipments from Canada to the UK.
Canada Post covers 190 countries, with multiple shipping methods for businesses across Canada, including Xpresspost International.⁶ This service can deliver your shipment in 4 to 7 days.⁷
We’ve put together how much it costs to send a 30kg shipment from Ottawa to London with Canada Post on March 26 2024.
Delivery option/Weight | Shipping costs | Transit duration |
---|---|---|
International Parcel - Surface | 336.02 CAD | Information not provided |
Xpresspost - International | 572.22 CAD | 7 business days (guaranteed)⁸ |
Learn how you can use Canada Post to support your business.
Canpar Express first opened in 1976, serving 215 countries across the globe.⁹ You can use Canpar Express International shipping to send goods from Canada to the UK.¹⁰
Let’s take a look at how much it costs to send 34kg from Ottawa to the UK on 26 March 2024.
Delivery option/Weight | Shipping costs | Transit duration |
---|---|---|
Canpar Express International | 1540.05 CAD | Information not provided¹¹ |
There are a few things you can’t ship with Canpar Express, including plants, live animals, paintings and goods that aren’t properly packaged.¹²
DHL is a well-known company for shipments from Canada to the UK. Founded in 1969, you can use DHL to send goods to over 220 countries.¹³
DHL offers a selection of delivery methods, including:
Let’s take a closer look at these shipping methods.
Services | DHL Express Worldwide | DHL Express 9:00 | DHL Express 12:00 |
---|---|---|---|
Money-back guarantee | No | Yes | Yes |
Delivery attempts | 2 | 2 | 2 |
Maximum piece weight | 70kg | 30kg | 70kg |
Max. pieces per shipment | N/A | 10 | 10 |
Max. piece dimensions (L x W x H) | 120 x 80 x 80cm | 120 x 80 x 80cm | 120 x 80 x 80cm |
Max. pallet weight | 1000kg | Pallets aren’t accepted | Pallets aren’t accepted |
Max. shipment weight | 3000kg | 300kg | 300kg |
Max. pallet dimensions (L x W x H) | 300 x 300 x 160cm | Pallets not accepted | Pallets not accepted¹⁴ |
Prices are available on request. You’ll need to contact DHL for a personalised quote for your business.
Globex Courier first opened in 1995 in Québec, offering delivery services in more than 220 countries.¹⁵ You can use Globex Courier to send goods by fast freight forwarding, including flexible international shipping.
You’ll need to contact Globex Courier for a full list of shipment rates. Your fees may depend on where and how you send your shipment.
You’ll also need a commercial invoice to send your UK shipment with Globex Courier. This document needs to include a description of each item, its value and why you’re exporting it.¹⁶
FedEx is a common option for shipments from Canada to the UK. The company first started in 1971 and it covers delivery to over 220 countries.¹⁷
There are lots of different shipping methods with FedEx, including FedEx International Economy, which will deliver your shipment in 2 to 5 business days, or FedEx International Priority, which ships in 1 to 3 business days.¹⁸
Let’s take a look at the costs for shipping 200kg from Ottawa to London on 13 March 2024.
Delivery option/Weight | Shipping costs |
---|---|
FedEx International Priority Freight | 8,948.77 CAD |
FedEx International Economy Freight | 8,514.83 CAD¹⁹ |
There are a few things you can’t send to the UK with FedEx, including live animals.²⁰
Some businesses and postal services in the UK may close on certain holidays, so you’ll need to think about how these holidays will affect your delivery times.
For example, the UK celebrates bank holidays for Easter, Christmas and May Day. Many Royal Mail post offices also close at the weekend, so make sure to factor this into your shipment times.
Shipping to the UK from Canada can help you take your business to new markets, but you’ll need to follow the correct shipping procedures to successfully import your goods.
In particular, pay attention to the documents you need to clear UK customs and always ensure you leave enough time for your courier to deliver your shipment.
To start paying for your shipments at the mid-market rate, check out Wise!
Sources
Sources verified on 17 April 2024
*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.
This article will go over how the multi-currency payments system works, how to set it up, and how you can use it with Wise to grow your business
Choose between the BMO eBusiness Plan and RBC Digital Choice Business account with this guide. We'll also look at Wise as a great business alternative
We’ll be taking a closer look at how to activate WooPayments, its key features, as well as how you can use a Wise Business account to grow your business
Discover whether the BMO USD Business account would be the right one for your business. Alternatively, you could use Wise for your international business needs
This guide introduces you to alternatives to HSBC in Canada for businesses. Choose from a wide variety of alternatives presented in our guide
Our guide explains how to use the Quickbooks multicurrency feature, while introducing you to a multicurrency account that might suit your needs!