Loading...
Send money from Canada to Sri Lanka(CAD → LKR)
CAD
LKR|Updated recentlyMid-market 240.3215Cheapest today
TapTap Send
Rate 237.9904 · Fee free
You send
C$1,000
Recipient gets
Rs237,990
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Canada to Sri Lanka in May 2026 is TapTap Send, which delivers 237,990.37 LKR on a 1,000 CAD transfer with a fee of zero.
Last reviewed: by Awais Imran, Reviews Editor
↑
Rates are great right now
100th percentile
Based on 7 days of data (2026-05-14 to 2026-05-20)
Today's best
Rs23,800
TapTap Send
7-day avg
1 CAD = 237.43 LKR
Best rate
238.00
2026-05-16 · TapTap Send
Worst rate
236.00
2026-05-14 · TapTap Send
What is the cheapest way to send CAD to LKR?
Sending C$1,000 from Canada to Sri Lanka. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 237.9904·Fee Free·0.97% markup
Best rate 7 of 7 days
↑ 0.8% over 7dAvg: 237.43 LKR (+0.2% vs avg)Range: 236.00–238.00
1
TapTap SendBest value
Under 3 minutes (95% of transfers)0.97% markup
Best rate 7 of 7 days
↑ 0.8% over 7dAvg: 237.43 LKR (+0.2% vs avg)Range: 236.00–238.00
237.9904
Free
Rs237,990.37
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Compare the cheapest ways to send money from Canada to Sri Lanka. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most LKR for your C$.
Canadian expats and immigrants regularly send money to Sri Lanka. The cost difference between providers can be significant — banks typically charge 3–5% in hidden exchange rate markups, while specialist services like Wise, Remitly, and WorldRemit offer rates much closer to the mid-market rate. Our comparison shows the total LKR received from each provider after all fees and markups.
Which provider offers the best CAD to LKR rate?
TapTap Send
4.7Exchange rate
237.9904
Fee
Free
Recipient gets
Rs237,990.37
Speed
Under 3 minutes (95% of transfers)
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Canada to Sri Lanka route.
Cheapest transfer
TapTap Send
Delivers the most LKR for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Bank transfer
TapTap Send
Best rate for bank deposit to Sri Lanka
How to send money to Sri Lanka
Sending money to Sri Lanka is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much CAD you want to send, compare providers above, and pick the one offering the best LKR amount for your transfer to Sri Lanka.
Step 2
Add your recipient
Enter your recipient's details in Sri Lanka — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
What you need to send money to Sri Lanka
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's name as it appears on their Sri Lankan bank account
Bank account number
Sri Lankan bank account number (varies by bank)
Bank name & branch
Full bank name and branch code
Note: Sri Lanka does not use IBAN. You need the account number, bank name, and branch. Some providers also accept the bank's SWIFT/BIC code.
Transfer examples: CAD to LKR
See how much your recipient would get for common transfer amounts.
Send C$500
ProviderFeeReceives
TapTap Send
237.99 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree237.99Rs118,995Under 3 minutes (95% of transfers)
Send C$1,000
ProviderFeeReceives
TapTap Send
237.99 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree237.99Rs237,990Under 3 minutes (95% of transfers)
Send C$5,000
ProviderFeeReceives
TapTap Send
237.99 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree237.99Rs1,189,952Under 3 minutes (95% of transfers)
How much does it cost to send money from Canada to Sri Lanka?
Transfer fees from Canada to Sri Lanka vary by provider. Specialist services charge C$0–10 per transfer, while banks charge C$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total LKR your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (240.3215).
Ways to send money to Sri Lanka
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the most common method. Cash pickup is important for recipients in rural areas.
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
How can my recipient receive money in Sri Lanka?
Your recipient in Sri Lanka can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
1–2 business days
Transfer to any Sri Lankan bank account.
WiseRemitlyWorldRemitWestern Union
Cash Pickup
Minutes
Collect cash from bank branches and agent locations across Sri Lanka.
Western UnionMoneyGram
Mobile Wallet
Minutes
Transfer to mobile wallets like eZ Cash (Dialog) or mCash.
WorldRemit
What are the transfer limits and regulations for Sri Lanka?
Important rules and requirements to know before sending money to Sri Lanka.
Regulatory body
Central Bank of Sri Lanka (CBSL)
Inbound transfer limits
No cap on incoming remittances — Sri Lanka encourages diaspora remittances
Documentation you may need
- Sender's government-issued ID
- Recipient's National Identity Card for cash pickups
Important things to know
- Sri Lanka has experienced significant currency volatility — the LKR devalued sharply in 2022-2023.
- Remittances are tax-free for recipients in Sri Lanka.
- The CBSL monitors foreign exchange closely — rates are set by market forces but with central bank oversight.
How long does it take to send money to Sri Lanka?
Most transfers from Canada to Sri Lanka arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Sri Lanka for a small premium.
FastExpress delivery
- TapTap SendUnder 3 minutes (95% of transfers)
Popular banks in Sri Lanka
These are the most commonly used banks for receiving international transfers in Sri Lanka.
BankSWIFT/BICNotes
Bank of Ceylon
BABORLKLXXX
People's Bank
PABORLKLXXX
Commercial Bank of Ceylon
CABORLKLXXX
Hatton National Bank (HNB)
HABORLKLXXX
Sampath Bank
SABORLKLXXX
CAD to LKR Exchange Rate History
Daily best exchange rates from top providers over the last 7 days. Rates shown are for sending $100.
| Date | TapTap Send | __mid Market__ |
|---|---|---|
| Trend | ||
| May 20 | 238.0000✓ | 238.0000✓ |
| May 19 | 238.0000✓ | 238.0000✓ |
| May 18 | 238.0000✓ | 238.0000✓ |
| May 17 | 238.0000✓ | 238.0000✓ |
| May 16 | 238.0000✓ | 238.0000✓ |
| May 15 | 236.0000✓ | 236.0000✓ |
| May 14 | 236.0000✓ | 236.0000✓ |
Common questions about sending money from Canada to Sri Lanka
What is the cheapest way to send money from Canada to Sri Lanka?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Canada to Sri Lanka?
Most specialist providers deliver to Sri Lanka within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send C$1,000 from Canada to Sri Lanka?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much LKR your recipient would receive from a C$1,000 transfer today.
Can I send money from Canada to Sri Lanka online?
Yes, all the providers we compare support online transfers from Canada to Sri Lanka. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Sri Lanka?
Money transfer services are almost always cheaper. Banks typically charge C$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge C$0–10 with markups under 1%, saving you significantly on every transfer to Sri Lanka.
Everything about sending money to Sri Lanka
Recipient requirements, delivery methods, regulations, popular banks, and more.
Other routes to Sri Lanka
Popular corridors
Top provider reviews
Useful guides
Compare all providers for Canada to Sri Lanka
Enter your exact amount to see personalised quotes from every provider on this route.
Compare providers now