Do you need to transfer money to Canada from the UK or any other country worldwide?
You could be emigrating to Canada, buying a property in Canada, importing from – or exporting to – Canada or making regular payments to Canada. Exchange Rate News provides the latest currency news and forecasts in order to help you make the most of your Canada Dollar transaction.
Whether you’re looking for a live British Pound to Canadian Dollar exchange rate or converting another currency, our live exchange rates and detailed reports from industry-leading experts aim to help you make an informed decision on when to make your currency transfer.
As is the case with any large currency transaction, let alone transferring money to Canada or another foreign country, it would be worth considering some professional help from one of the many reputable foreign exchange brokers out there.
The majority of foreign exchange brokers won’t charge transfer fees and are able to offer a much better exchange rate than your typical high street bank.
Not only do banks add service charges and fees for your transaction, they also provide very little help in the pivotal aspect of timing and often offer exchange rates that prove unfavourable if you’re willing to shop around.
With that in mind, if you do need to make an international money transfer to Canada, purchase a high value asset (such as a property) in Canadian Dollars or make regular payments to Canada (for an overseas mortgage, perhaps), a foreign exchange broker will likely save you time, money and put your mind at ease.
Make sure you choose a currency broker that is authorised by the Financial Conduct Authority (FCA) and armed with the information provided on this very website, you’ll be well on the way to getting the best exchange rate possible for your Canadian Dollar currency transfer.