The best services for sending money from Canada to Cyprus
🪙 Cheapest to a bank account | InstaReM |
💳 Best with credit card payment | Xe and Remitly |
💶 Easiest cash pickup | Remitly |
🎁 Special offers for first transfers | CurrencyFair |
In different parts of the world, millions of people send money daily to Cyprus. They always seek money transfer services that offer a simple and cost-effective option of sending money to Cyprus from Canada. This is in a bid to ensure that they can transfer enough money to their friends, relatives, and colleagues living in various parts of Cyprus.
Traditional banks do not have the capability of fast-tracking these online payments. Their services do not provide an effective way to wire money from Canada. Hence, most individuals and businesses prefer to use the services of online platforms for their financial transactions. Therefore, they look for the best way to transfer money. This article will serve as a guide to help people to identify the cheapest way to send money from Canada to Cyprus.
Available options for receiving remittances from Canada to Cyprus
We have found several available options for receiving remittances from Canada to Cyprus. Receiving a transfer from Canada can be done to Cyprus to a bank account, mobile wallet or in cash.
How do I transfer money from Canada to Cyprus to a bank account?
How do I send money from Canada to Cyprus to a mobile wallet?
Different ways to pay for money transfers to Cyprus from Canada
We have found a few convenient ways to pay for money transfers to Cyprus from Canada. You can use a Bank account, Bill Payment, Bank Debit (ACH), Debit card or Credit card to pay for transfers to Cyprus.
How to transfer money to Cyprus from Canada with a debit card?
How to send money to Cyprus from Canada from a bank account?
How to remit money to Cyprus from Canada by credit card?
How to wire money to Cyprus from Canada using Bank Debit (ACH)?
How to transfer money from Canada to Cyprus online?
People can send money from Canada to Cyprus using different money transfer services. These e-transfer platforms allow clients to use their credit cards to pay for the sending of money to a bank account. The process of transferring money to Cyprus through these services are similar and straightforward.
Signing up is the first step. Then enter the recipient’s information, the payment option, and delivery method. TransferWise: There are numerous clients that utilize the services of this platform. They deliver payments in different currencies that are supported on their platform. Clients also enjoy a high number of currency pairings for exchanges and advanced technology.
Top 6 money transfer providers from Canada to Cyprus
Provider | Rate | Fees and special offers |
---|---|---|
InstaReM | 0.6660 EUR | $20 off first 2 transfers with code FROMTO20X2 |
Wise | 0.6672 EUR | Fees = 10.82 CAD |
OFX | 0.6582 EUR | No fees |
Xe | 0.6495 EUR | Special rate for new customers |
Remitly | 0.6476 EUR | Special rate and no fees on your first transfer |
CurrencyFair | 0.6273 EUR | First 10 transfers are fee-free |
Which provider to use to wire money from Canada to Cyprus?
- PayPal: This American company offers international online payments and money transfers to different parts of the world. This money transfer service that delivers payments to Cyprus is a reliable electronic platform that replaces the paper system of conventional banking institutions such as money orders and checks. PayPal offers a secure, low fees, and fast transactions.
- Western Union: Individuals and businesses send and receive money from about 200 different countries through Western Union. They also offer a huge fraction of all the remittance transactions in the world.
- CurrencyFair: For a credible and low-cost transfer of money, you can rely on the services of this platform. Whether it is for private or commercial purposes, CurrencyFair is one of the best options available.
- XendPay: This payments service provider supports nearly all currency pairings. XendPay has its operations in over 200 countries and is dependable for sending money to Cyprus from Canada.
Reliable online remittance providers to Cyprus from Canada
Send money from Canada to Cyprus with Wise
Wise (formerly TransferWise) offers some great options for sending money from Canada to Cyprus. | |
💱 Is it cheap? | The exchange rate at Wise is 0.6672 EUR for 1 CAD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank account or Bill Payment. There is also the option of paying using Bank Debit (ACH), Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Credit card. The transfer will then be processed within 2 days. If you use Bank account for payment, it will take up to 3 days. |
💰 How to receive? | There is only one option available from Wise for transfers to Cyprus - money can be received into a bank account. |
Send money from Canada to Cyprus with Xe
Xe has several good and reliable options to transfer money from Canada to Cyprus. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 EUR can be exchanged for 0.6495 CAD. |
💲 How to pay? | The best way to pay is via Bank account, Credit card or Debit card, which does not charge any fees. You can also pay with a Bank Debit (ACH), but XE will charge you a fees. |
⌚ Is it fast? | If you pay via Bank account, Credit card or Debit card, the transfer will be delivered to Cyprus within 24 hours. Alternatively, if you pay by Bank Debit (ACH), the recipient can see the money in 3 days |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from Canada to their own bank account. |
How much does it cost to send money to Cyprus from Canada?
The cost of making transfers from Canada to Cyprus varies from one service provider to the other. This applies for both money transfers and currency exchanges. A mark-up of the marketplace index is adopted by most platforms for exchanges. For transfers, about 0.1% to 0.6% of the total amount is the charge.
How Can Our Platform Help You?
People in Canada, are interested in using the best services to send money to Cyprus. The payment services listed above are among the best platforms you can use to send money, however, there are certain features of each platform that you must identify when deciding. They include supported currencies, delivery methods, payment options, currency pairings, transaction fees, and processing time. We are sure that our platform would help you make a smart and well-informed decision.
FAQ
What is the best way to send money from Canada to Cyprus (CAD → EUR)?
What is the fastest way to transfer money from Canada to Cyprus (CAD → EUR)?
What is the cheapest way to transfer money from Canada to Cyprus (CAD → USD)?
How long does it take to send money from Canada to Cyprus (CAD → USD)?
What payment methods to use for transfers from Canada to Cyprus?
How to receive money transfer from Canada in Cyprus?
How to send money from Canada to Cyprus for free?
Popular destinations of transfers from Canada
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
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- Bahamas
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- Brazil
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- China
- Colombia
- Comoros
- Congo RDC
- Congo
- Cook Islands
- Costa Rica
- Croatia
- Cuba
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- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
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- Ecuador
- Egypt
- El Salvador
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- Eritrea
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- Ethiopia
- Faroe Islands
- Fiji
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- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
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- Ghana
- Gibraltar
- Greece
- Greenland
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- Guam
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- Guinea
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- Guyana
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- Honduras
- Hong Kong
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- India
- Indonesia
- Iran
- Iraq
- Ireland
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- Italy
- Ivory Coast
- Jamaica
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- Jordan
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- Kiribati
- Kosovo
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- Laos
- Latvia
- Lebanon
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- Réunion
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- Tonga
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- Tuvalu
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- US Virgin Islands
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- Zimbabwe