Alex
I've been using Wise for about 2 years now to send money to my family back home. The fees are way better than banks - usually around 0.5-1% depending on the currency.
For Canada specifically, I've found: - Wise: Best for larger amounts ($1000+), usually arrives in 1-2 business days - Remitly: Good for smaller amounts, sometimes faster (same day) but slightly higher fees Definitely avoid banks for international transfers. The exchange rate markup alone usually costs you 2-3% extra. Hope that helps! Alex
I have been using Wise for about a year now and it has been great. The fees are much lower than banks - usually around 0.5-1%. For your monthly transfers, you would save a lot compared to bank fees. Transfers usually take 1-2 business days to most countries. Remitly is also good but I find Wise has better rates for larger amounts. Hope this helps! | ||||
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