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Instant money transfers

Sending money abroad should be as quick and painless as sending an email. But the old banks’ systems weren’t built for sending money abroad — so we’re building a new one.
  • Low fees — fees get cheaper the more you send
  • Lightning fast — money typically arrives in seconds
  • Perfectly predictable — lock in an exchange rate for your international transfer

  • Arrives
    by Monday, March 2
  • Total fees
    Included in CAD amount
    4.98 CAD volume discount
  • You're sending a lot so we discounted our fee

    Savings on this transfer, and eligible transfers for the rest of the month.

    Learn more

    Instant money transfers

    Sending money abroad should be as quick and painless as sending an email. But the old banks’ systems weren’t built for sending money abroad — so we’re building a new one.
    • Low fees — fees get cheaper the more you send
    • Lightning fast — money typically arrives in seconds
    • Perfectly predictable — lock in an exchange rate for your international transfer

  • Arrives
    by Monday, March 2
  • Total fees
    Included in CAD amount
    4.98 CAD volume discount
  • You're sending a lot so we discounted our fee

    Savings on this transfer, and eligible transfers for the rest of the month.

    Learn more

    Which is the cheapest way to send money abroad?

    The cheapest way to send 40,000 CAD to USD is by using money that's in your Wise account and costs 187.66 CAD. We use the mid-market exchange rate — the fairest rate — and always show your fees upfront.

    CAD

    USD

    Sending 40,000 CADTransfer cost
    Wise account187.66 CAD

    Bank transfer188.75 CAD

    How to send money instantly

    • Use our calculator to get an estimate for your transfer.
      Use our calculator to get an estimate for your transfer.

    • Choose the fastest payment option.
      Choose the fastest payment option.

    • Complete the transfer.
      Complete the transfer.

    Need a fast money transfer to business partner?

    Make international payments easily with Wise. Send money to 140 countries and we support 40 currencies globally. No hidden fees, no exchange rate markups.

    Track your transfer at every step

    It’s easy to view your transfer’s progress using your Wise account. Just log in using our app or website.

    • Cheap transfers abroad

      Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.

    • Track exchange rates

      Save your favourite currencies to check how the exchange rate changes over time.

    • Real-time notifications

      Know exactly what you’ve spent, as soon as you spend it.

    Download on the Apple App StoreGet it on Google Play Store

    Track your transfer at every step

    It’s easy to view your transfer’s progress using your Wise account. Just log in using our app or website.

    • Cheap transfers abroad

      Free from hidden fees, you’ll always get the mid-market exchange rate with Wise.

    • Track exchange rates

      Save your favourite currencies to check how the exchange rate changes over time.

    • Real-time notifications

      Know exactly what you’ve spent, as soon as you spend it.

    Download on the Apple App StoreGet it on Google Play Store

    How fast is instant?

    A payment is instant when it arrives within 20 seconds. And sometimes they’re even quicker. So, your payments could arrive before you can say ‘hidden bank fees’.

    Right now, 74% of our transfers are instant. But our mission is to build instant transfers for everyone, everywhere. So if your chosen currency route is not instant yet, make sure to check the speed of your transfer in our calculator.

    4.3 / 5 on Trustpilot from 280,430 reviews

    Disappoint thieves

    Every quarter, our customers trust us to move over $67 billion of their money. Here are some of the important ways we protect them.

    How we keep your money safe
    Login lock illustration
    • Our dedicated fraud and security teams work to keep your money safe
    • We use 2-factor authentication to protect your account
    • We hold your money with established financial institutions

    Let's answer some of your questions