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Send money from Italy to Canada(EUR → CAD)
EUR
CAD|Updated recentlyMid-market 1.5965Cheapest today
Regency FX
Rate 1.5885 · Fee free
You send
€1,000
Recipient gets
C$1,589
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Italy to Canada in May 2026 is Regency FX, which delivers 1,588.53 CAD on a 1,000 EUR transfer with a fee of zero.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send EUR to CAD?
Sending €1,000 from Italy to Canada. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 1.5885·Fee Free·0.50% markup
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 Italy to Canada. We compare fees, exchange rates, and transfer speeds from 15+ providers so you get the most CAD for your €.
Italian expats and immigrants regularly send money to Canada. 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 CAD received from each provider after all fees and markups.
Which provider offers the best EUR to CAD rate?
Regency FX
4.8Exchange rate
1.5885
Fee
Free
Recipient gets
C$1,588.53
Speed
Same day to 2 business days
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 Italy to Canada route.
Cheapest transfer
Regency FX
Delivers the most CAD for your money
Fastest transfer
Regency FX
Delivers in Same day to 2 business days
Bank transfer
Regency FX
Best rate for bank deposit to Canada
How to send money to Canada
Sending money to Canada is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much EUR you want to send, compare providers above, and pick the one offering the best CAD amount for your transfer to Canada.
Step 2
Add your recipient
Enter your recipient's details in Canada — 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 1–3 business days.
What you need to send money to Canada
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full legal name as it appears on their bank account
Bank account number
Recipient's bank account number
Bank name
Name of the receiving bank
SWIFT/BIC code
Optional8 or 11-character SWIFT code identifying the bank (may be optional with IBAN)
Note: You need the recipient's bank account number and bank name. Contact the recipient's bank for their SWIFT/BIC code if required.
Transfer examples: EUR to CAD
See how much your recipient would get for common transfer amounts.
Send €500
ProviderFeeReceives
Regency FX
1.59 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
Regency FXFree1.59C$794Same day to 2 business days
Send €1,000
ProviderFeeReceives
Regency FX
1.59 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
Regency FXFree1.59C$1,589Same day to 2 business days
Send €5,000
ProviderFeeReceives
Regency FX
1.59 · Same day to 2 business days
ProviderFeeRateReceivesSpeed
Regency FXFree1.59C$7,943Same day to 2 business days
How much does it cost to send money from Italy to Canada?
Transfer fees from Italy to Canada vary by provider. Specialist services charge €0–10 per transfer, while banks charge €25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total CAD 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 €0–€10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (1.5965).
Ways to send money to Canada
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the standard delivery method for transfers to Canada. Cash pickup is available through international providers like Western Union and MoneyGram.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
How can my recipient receive money in Canada?
Your recipient in Canada can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
1–3 business days
Direct transfer to bank accounts in Canada.
WiseRemitlyWorldRemitWestern Union
Cash Pickup
Minutes
Collect cash from agent locations in Canada.
Western UnionMoneyGram
What are the transfer limits and regulations for Canada?
Important rules and requirements to know before sending money to Canada.
Documentation you may need
- Government-issued photo ID (passport, driver's license, or state ID)
- Proof of address may be required for first-time transfers
Important things to know
- Check your provider's specific limits and requirements for transfers to Canada.
- Transfers over $10,000 (or equivalent) may trigger reporting requirements in your sending country.
How long does it take to send money to Canada?
Most transfers from Italy to Canada 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 Canada for a small premium.
Standard delivery
- Regency FXSame day to 2 business days
Common questions about sending money from Italy to Canada
What is the cheapest way to send money from Italy to Canada?
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 Italy to Canada?
Most specialist providers deliver to Canada 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 €1,000 from Italy to Canada?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much CAD your recipient would receive from a €1,000 transfer today.
Can I send money from Italy to Canada online?
Yes, all the providers we compare support online transfers from Italy to Canada. 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 Canada?
Money transfer services are almost always cheaper. Banks typically charge €25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge €0–10 with markups under 1%, saving you significantly on every transfer to Canada.
Everything about sending money to Canada
Recipient requirements, delivery methods, regulations, popular banks, and more.
Other routes to Canada
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Compare all providers for Italy to Canada
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