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International business payments

Make international business payments and save up to 2x with Wise. Choose from 70+ countries and pay overseas staff or suppliers, with no hidden fees or exchange rate markups.

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Over 10 million customers
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  • 0.31 CAD
  • 7.09 CADOur fee
  • 7.40 CADTotal fees
  • =
    992.60 CADTotal amount we’ll convert
  • ×
    0.7210

Should arrive by Friday

Get started

Save on exchange rate markups

The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.

At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.

How do we select providers and collect this data?
Sending 1,000 CAD withRecipient gets(Total after fees)
Wise
715.72 USD
Transfer fee
7.40 CAD
Exchange rate(1 CAD USD)
0.721059
Exchange rate markup
0 CAD

Cost of transfer
7.26 CAD

RBC Royal Bank of Canada
706.84 USD- 8.88 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.706840
Exchange rate markup
19.58 CAD

Cost of transfer
19.58 CAD

Scotiabank
704.95 USD- 10.77 USD
Transfer fee
1.99 CAD
Exchange rate(1 CAD USD)
0.706352
Exchange rate markup
20.26 CAD

Cost of transfer
22.25 CAD

TB Bank
701.93 USD- 13.79 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.701928
Exchange rate markup
26.39 CAD

Cost of transfer
26.39 CAD

PayPal
685.95 USD- 29.77 USD
Transfer fee
2.99 CAD
Exchange rate(1 CAD USD)
0.688004
Exchange rate markup
45.70 CAD

Cost of transfer
48.69 CAD

Only pay for what you use

Pay a small, flat fee and percentage

To send money in CAD to USD, you pay a small, flat fee of 2.64 CAD + 0.48% of the amount that's converted (you'll always see the total cost upfront). See our transfer calculator.


Fee depends on your chosen transfer type

Some transfer types have different fees which are usually tiny.


No hidden fees

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Wise
Fees for our low cost transfers
Fixed fee
2.64 CAD
Variable feeup to 36,016.20 CAD/month
0.48%
Variable feemore than 36,016.20 CAD/month

Sign up for the fast, easy international business account

No subscriptions, no monthly fees. You’ll always see the fee upfront, and only pay for what you use.

Sign up for the fast, easy international business account that saves you money wherever you want to use it.

Your transfer route

CAD
USD

Should arrive

by Friday
globe

How to make an international business payment in 3 easy steps

Simple ways to receive international business payments

International payments, in one place

Track your payments, convert money at the mid-market rate to 40+ currencies, or pay your business expenses. All from one account.

Connect your Wise account to platforms like Xero, Stripe and Shopify.

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

Power your business with Wise and our partners

Easily connect to your favorite accounting software and save time on admin.

  • Xero: Powerful, all-in-one accounting for businesses and bookkeepers
  • QuickBooks: Smart, simple accounting software, with no commitment
  • More App Marketplaces: FreeAgent, RECASH and QuickFile

Protecting you and your money

Safeguarded with leading banks

We hold your money with established financial institutions, so it’s separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

See why customers choose Wise for their international money transfers

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com.