Send money using SOFORT

Send money using SOFORT from our website or mobile app, in just a few clicks. Join over 16 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
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Over 16 million customers
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  • 2.30 CAD
  • 6.45 CADOur fee
  • 8.75 CADTotal fees
  • =
    991.25 CADTotal amount we’ll convert
  • ×
    0.7316
Get started

We charge as little as possible. No subscription

Sending 1,000 CAD withRecipient gets(Total after fees)and transfer speed
Wise
725.15 USD
Transfer fee
8.75 CAD
Exchange rate(1 CAD USD)
0.731556
Exchange rate markup
0 CAD
Cost of transfer
8.75 CAD

Remitly
724.85 USD- 0.30 USD
Transfer fee
1.99 CAD
Exchange rate(1 CAD USD)
0.726300
Exchange rate markup
7.18 CAD
Cost of transfer
9.17 CAD

Xe
722.40 USD- 2.75 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.722400
Exchange rate markup
12.52 CAD
Cost of transfer
12.52 CAD

RBC Royal Bank of Canada
716.13 USD- 9.02 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.716130
Exchange rate markup
21.09 CAD
Cost of transfer
21.09 CAD

This applies when you pay in via bank transfer. How do we collect this data?
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How to send money using SOFORT in 3 easy steps

What is SOFORT money transfer?

Making a SOFORT money transfer is easy, secure and simple to arrange. Just select SOFORT as the payment method when you set up your Wise international money transfer, and you’ll be directed to the SOFORT page, to enter your bank details.

SOFORT money transfers are offered to customers with accounts from participating banks in Austria, Belgium, Germany, Italy, the Netherlands, Slovakia, Spain, and Switzerland. You can send up to 25,000 EUR every 24 hours using SOFORT, and transfers can be instant, or may take up to 4 days to arrive. You’ll see a delivery estimate before you confirm your SOFORT money transfer, so you can see when your payment is likely to be received.

To make a SOFORT money transfer with Wise you’ll need to fund your Wise payment from a bank account in your own name, and you’ll need to make sure there’s enough money in your account to pay for the transfer and fees in full.

Learn more about using SOFORT.

Online money transfer fees

How much does it cost to send money using SOFORT?

To send money using SOFORT with Wise, you will pay a small, flat fee and a percentage of the amount that's converted. We will always show you the total cost upfront - and you can rely that we won't hide any further fees in the exchange rate.

Sending money shouldn’t cost the earth, so we built Wise to save you money when you transfer and exchange internationally. We charge as little as possible: right now a tiny fee, eventually free.

How long does a money transfer using SOFORT take?

A money transfer using SOFORT (CAD-USD) should arrive by Tuesday. Sometimes transfer times can differ based on currencies or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

CAD
USD

Should arrive

by Tuesday

Trust Wise with safe & secure money transfers

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.