Send money from the US to Canada
Sending US dollars to Canada for property, business, relocation or family reasons? See the USD to CAD exchange rate available for your transfer upfront, with transparent pricing and personal support.
- See your USD to CAD exchange rate instantly
- Transparent 0.25%-0.40% margin, depending on transfer size
- No Currencyflow payment transfer fees
- Personal support, including direct access to our founder
Send, save... & relax.
Transparent pricing, always shown upfront.
Your funds are safeguarded and kept separate from Currencyflow's operational funds. They are held in segregated safeguarded accounts through our FCA-authorised payment institution partner, Sciopay Ltd (FRN 927951).
By Freddie Smith, Founder & CEO, Currencyflow · Updated 29 October 2026
Sending money from the US to Canada? Here's what to know
A US to Canada transfer may be linked to property, relocation or a business payment priced in Canadian dollars. If the recipient needs a set CAD amount, the USD to CAD exchange rate can change the dollar cost of the transfer while you're planning it.
Consider whether your priority is a fixed payment date, a fixed CAD amount or flexibility over timing. Currencyflow lets you see the exchange rate available upfront, so you can make that decision with a clear view of the numbers.
Why people send money from the USA to Canada
As each other's closest trading partners, the US and Canada see constant transfers for business, family, property, and relocation.
Business and supplier payments
Family support and study costs
Property and relocation
Investment
Why send money to Canada with Currencyflow
| Feature | Currencyflow | High Street Banks |
|---|---|---|
| Exchange rate | Fixed, transparent, competitive | Often wider and less transparent |
| Transfer fees | No payment transfer fees | Often charged |
| Speed | Same-day (most cases) | Several days |
| Support | Dedicated account manager | Call centre/branch |
| Rate lock | Forward contracts available | Rarely offered |
| Account setup | Free, no ongoing fees | Sometimes charged |
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Currencyflow indicative USD to CAD rate
1 USD = 1.3931 CAD
As of , the Currencyflow indicative USD to CAD rate is 1 USD = 1.3931 CAD, based on a $70,000 transfer with a 0.30% margin.
Your actual exchange rate may vary depending on the amount you send because our margin varies by transfer size. See our rates, margins and fees →
Currencyflow rates are indicative and confirmed when you book. No payment transfer fees.
Get a personalised USD to CAD quote →Currencyflow USD to CAD rates by transfer amount
Currencyflow exchange rates vary according to the amount you send.
| You send (USD) | You receive (CAD) | Currencyflow rate | Margin | Payment transfer fee |
|---|---|---|---|---|
| $10,000 | CA$13,917 | 1 USD = 1.3917 CAD | 0.40% | None |
| $20,000 | CA$27,833 | 1 USD = 1.3917 CAD | 0.40% | None |
| $50,000 | CA$69,653 | 1 USD = 1.3931 CAD | 0.30% | None |
| $100,000 | CA$139,334 | 1 USD = 1.3933 CAD | 0.28% | None |
| $200,000 | CA$278,752 | 1 USD = 1.3938 CAD | 0.25% | None |
| $500,000 | CA$696,879 | 1 USD = 1.3938 CAD | 0.25% | None |
| $1,000,000 | CA$1,393,758 | 1 USD = 1.3938 CAD | 0.25% | None |
| $2,000,000 | CA$2,787,515 | 1 USD = 1.3938 CAD | 0.25% | None |
| $5,000,000 | CA$6,968,788 | 1 USD = 1.3938 CAD | 0.25% | None |
Currencyflow rates are indicative, updated hourly, and confirmed when you book. No payment transfer fees.
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How to transfer money to Canada from the US
See your exchange rate
Open your account
Send your funds
We make your international payment
Planning your USD to CAD transfer
Decide whether the amount or timing matters most
Fix a rate for a future transfer
Set a target rate if your timing is flexible
See USD to CAD rates and history
Sending US dollars to a Canadian bank account
If your funds are held with a major US bank such as JPMorgan Chase, Bank of America, Wells Fargo or Citibank, you can fund your Currencyflow transfer using the account information supplied for your payment.
Once you’ve agreed your USD to CAD exchange rate, you send the US dollars to Currencyflow. We convert them into Canadian dollars at the agreed rate and send the CAD to the Canadian bank account you’ve provided.
The recipient may hold an account with a major Canadian bank such as RBC, TD, Scotiabank, BMO or CIBC. Canadian bank details typically include an institution number, transit number and account number, with a SWIFT/BIC used for some international payments.
This differs from the US routing-number format, so it’s worth checking each field carefully before the payment is made.
How long does a transfer from the USA to Canada take?
Most transfers arrive the same working day or the next.
- Shared time zones. The US and Canada run on the same clock, so a transfer funded in your day generally reaches the account within Canadian banking hours the same day.
- When you fund the transfer. Sending your US dollars to us earlier in the day gives the payment the best chance of completing that working day.
- First-transfer verification. Your first payment can take a little longer while your account is verified, then later transfers are quicker.
- Compliance checks on larger amounts. A big property or investment payment may need source-of-funds evidence, so having it ready avoids a pause.
- Weekends and public holidays. Bank processing pauses over weekends and public holidays in either country, which can add a day around those dates.
A bank on this route typically takes two to four working days. With us, most USD to CAD transfers land same or next working day, helped by the shared time zones.
What do you need to send money to Canada?
To send money to a Canadian bank account, you'll need:
- Photo ID, either a passport or a driver's license.
- Proof of address, such as a recent utility bill or bank statement.
- The recipient's full name as it appears on their Canadian account.
- The recipient's transit number, institution number, account number, and the bank's SWIFT/BIC code.
- The purpose of the transfer, which we'll ask about for larger amounts.
- Source-of-funds evidence for a large transfer, such as a pay stub, a sale statement, or evidence of savings.
Canadian banks receive international payments using a transit number, an institution number, an account number, and the bank's SWIFT/BIC code, so make sure your recipient gives you all of them.
Legal and tax notes for USA to Canada transfers
- On the US side, US gift tax falls on the person giving, if they're a US citizen or resident. For 2026, a giver can give up to $19,000 per recipient in the year with no filing (or $38,000 for a married couple using gift-splitting). Above that, the excess draws on the lifetime gift and estate tax exemption, which is $15 million per person for 2026, and the giver files a gift-tax return (Form 709). No gift tax is actually due until that lifetime exemption is used up, but the return still has to be filed once a gift tops the annual exclusion.
- This is a donor-side rule, separate from the Form 3520 rule that applies when a US person receives a gift from abroad. Since here the money is leaving the US for Canada, Form 3520 gift reporting doesn't come into it, the relevant US rule is the giver's annual exclusion and lifetime exemption above.
- On the Canadian side, Canada has no gift tax and no inheritance or estate tax, so money arriving for family or your own account isn't taxed as a gift when it lands. Where Canadian tax can come up is on what the money later earns or on an asset's gain, not on receiving the transfer.
- International electronic funds transfers of CAD 10,000 or more are reported to FINTRAC by the receiving Canadian institution as an anti-money-laundering measure, which is a compliance step, not a tax or a cost to you.
- These notes are general information, not tax advice. A large gift from a US person, a relocation, or a property purchase in Canada are all situations where it's worth taking professional advice on both sides.
Why trust Currencyflow
Your funds are safeguarded
Client funds are held in segregated safeguarded accounts through our FCA-authorised payment institution partner, Sciopay Ltd (FRN 927951), separate from Currencyflow's operational funds.
Personal support when you want it
Speak with us by phone, WhatsApp or email, including direct access to our founder, Freddie, when you want to talk through your transfer.
Secure account and payment processes
Currencyflow uses security measures including two-factor authentication and transaction monitoring to help protect accounts and payments.
Frequently asked questions
Written by
Freddie SmithFounder & CEO, Currencyflow
Freddie Smith is the Founder and CEO of Currencyflow, an international foreign exchange and payments specialist focused on high-value transfers for individuals and businesses worldwide. With over 12 years of commercial experience across financial services and digital media, including several years working with financial services comparison platforms, Freddie has spent his career at the intersection of partnerships, growth strategy, and money movement. He founded Currencyflow to bring transparent, fixed-margin pricing and personal relationship management to clients making significant international transfers.
Last updated 29 October 2026
