Yes, you can send money from a Canadian bank account to a US bank account using international wire transfers, online money transfer services (e.g., Wise, OFX), or cross-border banking services (e.g., RBC Bank (US)). The process typically takes 1-5 business days, with options for bank-to-bank transfers or online platforms offering better rates.
Easily move money to the U.S.
Sending money to the U.S. is a cinch with RBC Cross-Border Banking. Send as many money transfers between your U.S. and Canadian RBC accounts as you need, all for free. That's right – transfer USD to CAD and CAD to USD… for free.
The Quick Answer: E-Transfers Don't Cross the Border
The system requires the recipient to have an account with a participating Canadian financial institution.
Fast and secure money transfers.
Send money abroad to friends & family in the United States with PayPal. Use the currency converter to get an indication of the rate you may receive when sending money between PayPal accounts from Canada to the US. Transaction fees and currency conversion fees may apply.
However, it is only available in the United States and the United Kingdom, which is a disadvantage for Canadians seeking a similar experience. Fortunately, there are alternatives and here are some popular options.
Venmo cannot be used to send money overseas. It is only available for domestic money transfers or payments in US dollars within the United States.
Sending Money From Canada to the US
There are multiple online international money transfer services, or you could use PayPal, a bank, or wire transfers to make a payment online using their different payment options. Any of these ways makes it possible to send money to the States.
PayPal charges a currency conversion fee of 3.5% for USD or CAD and 4% for currencies other than these.
Send money transfers from Canada with MoneyGram. MoneyGram. Trusted by millions worldwide. Get great exchange rates, low transfer fees, and many ways to send and receive money.
Western Union fees for sending $1,000 to the U.S. vary significantly, from as low as around $2 (using bank-to-bank) to over $30 (using a credit card for cash pickup), depending on your payment method (bank, debit, credit card) and delivery choice (bank deposit, cash pickup), with bank funding usually cheapest and credit cards most expensive, plus potential exchange rate markups on international transfers.
Zelle isn't an option for international money transfers because both the sender and recipient of a Zelle payment need a US based bank account and mobile phone number.
International wire transfer
Your foreign bank must have a banking relationship with a U.S. bank, although the U.S. bank does not have to be an affiliate or otherwise related to the foreign bank. Small local banks may not be able to affect an international wire transfer but most large banks can.
For a $1000 transaction, PayPal fees vary significantly: for domestic goods & services, it's about $30.29 (2.99% + $0.30 fixed), but for personal payments funded by bank/balance, it's free, while credit/debit cards incur around $29.30 (2.9% + $0.30) for domestic. International fees are higher, and rates depend on transaction type (business vs. personal), funding source (card vs. bank), and location, so always check the official PayPal site.
Remittance transfer tax under the OBBB
29, 2026. The 1% remittance tax will apply to certain remittances when the sender makes the transaction with cash, a money order, a cashier's check or a similar physical instrument.
Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.
No, Interac e-Transfer is not available for direct transfers from Canada to US bank accounts. However, you can use international money transfer services or banks that offer cross-border transfers to send funds from Canada to the USA.
It's easy to send a wire transfer from Canada to the US. You can send large sums to family or pay a deposit on a new home. However, the speed of your wire transfer can depend on your bank's processing times and when you make your payment.
You can send money to other countries through a variety of businesses and financial institutions including:
The best way to send Canadian dollar to United States dollar is by using money that's in your Wise account. It's cheapest and usually arrives in seconds. Bank transfers are also cheap, but can be slower.
Interac e-Transfer® is the closest thing Canada has to Venmo's simplicity for domestic payments. Most Canadians already know how to send and receive money this way, making it familiar for both you and your customers.
Google Wallet and Google Pay – Google Wallet stores payment cards, IDs, transit passes, and more, while Google Pay allows contactless transactions. PayPal – A widely accepted digital wallet for online shopping, often used in Canada for business and peer-to-peer transactions.