Global Money
Whether you're sending money to family overseas, getting paid in USD as a freelancer, or planning a move abroad — cross-border banking in Canada is expensive if you use the wrong tools.
Featured Guides
Best Ways to Send Money Abroad
Coming soon: compare Wise, OFX, Remitly, and bank wire transfers with real fee breakdowns for common amounts and destinations.
Best Multi-Currency Accounts
Coming soon: hold USD, EUR, GBP, and more — compare Wise, Revolut, and traditional bank USD accounts.
Norbert's Gambit: Convert CAD to USD Cheaply
Coming soon: the step-by-step guide to avoiding forex fees when converting large amounts between CAD and USD.
Canadian Snowbird Finance Guide
Coming soon: banking, healthcare, and tax considerations for Canadians who spend winters in the US or abroad.
What to Watch For
Banks typically charge 2-3% in hidden forex markups on international transfers. Dedicated services like Wise use the mid-market rate and charge a transparent fee — often saving you hundreds on a single transfer. Before sending money abroad, always compare:
- The exchange rate being used (vs the mid-market rate)
- Any flat fees on top
- Speed of delivery (same-day vs 3-5 business days)
More Resources
- Investing → — Once your money arrives, here's how to put it to work
- Banking → — Find the right Canadian account for receiving international payments