Question 1

What is the cheapest way to send CAD to Europe?

Accepted Answer

The cheapest option for CAD to EUR transfers depends on the amount and current rates. Crypto rails (USDC on Stellar or Tron) often cost under 1% all-in, while traditional fintechs typically charge 1–3%. Use RemitRoutes to compare live fees across 15+ providers — free, no signup.

Question 2

How long does a CAD to EUR transfer take?

Accepted Answer

CAD to Europe transfer speeds vary by provider. Crypto rails typically settle in under 5 minutes. Fintech services like Wise take 1–2 business days. Traditional bank wires take 2–5 business days. RemitRoutes shows delivery time alongside fees so you can compare both.

Question 3

Are there hidden fees when sending CAD to Europe?

Accepted Answer

Yes — many banks and remittance services hide their margin in the exchange rate. A provider advertising "zero fees" may still charge 1–3% through an unfavourable rate. RemitRoutes shows the all-in cost: transfer fee plus FX markup combined as a single percentage, so you can compare providers on equal footing.

Question 4

Can I use cryptocurrency to send CAD to Europe?

Accepted Answer

Yes. Crypto rails (USDC on Stellar, Tron, Solana, and other blockchains) are available for CAD to EUR transfers. The path converts your CAD to USDC, sends it via blockchain, and a local exchange converts it to EUR for the recipient. This route often costs under 1% all-in — significantly less than traditional remittance providers for many corridors.

Provider	Type	Recipient Gets	All-In Fee	Speed
✦ Kraken	Crypto	628.66 EUR	-2.06% (crypto premium)	~5 seconds
Remitly	Traditional	626.88 EUR	-1.77% (crypto premium)	Unknown
Instarem	Traditional	626.68 EUR	-1.74% (crypto premium)	Unknown
Wise	Traditional	626.23 EUR	-1.66% (crypto premium)	~15 hours
Xoom	Traditional	623.63 EUR	-1.24% (crypto premium)	Unknown
✦ Kraken	Crypto	614.86 EUR	0.18%	~5 seconds
✦ Kraken	Crypto	614.86 EUR	0.18%	~5 seconds
Royal Bank of Canada	Traditional	614.61 EUR	0.22%	Unknown
Instarem	Traditional	612.49 EUR	0.57%	Unknown
Instarem	Traditional	612.49 EUR	0.57%	Unknown
BNC	Traditional	612.39 EUR	0.58%	Unknown
Remitly	Traditional	612.29 EUR	0.60%	Minutes
Remitly	Traditional	612.29 EUR	0.60%	Minutes
Wise	Traditional	612.13 EUR	0.62%	~2 business days
Wise	Traditional	612.05 EUR	0.64%	~2 business days
TD Bank	Traditional	611 EUR	0.81%	Unknown
OFX	Traditional	609.41 EUR	1.07%	Unknown
BMO	Traditional	606.59 EUR	1.52%	Unknown
Xoom	Traditional	606.21 EUR	1.59%	Unknown
Xoom	Traditional	606.21 EUR	1.59%	Unknown
Scotiabank	Traditional	606.03 EUR	1.61%	Unknown
PayPal	Traditional	603.61 EUR	2.01%	Unknown
Royal Bank of Canada	Traditional	602.32 EUR	2.22%	Unknown
Royal Bank of Canada	Traditional	602.32 EUR	2.22%	Unknown
Scotiabank	Traditional	600.88 EUR	2.45%	Unknown
Scotiabank	Traditional	600.88 EUR	2.45%	Unknown
BNC	Traditional	599.84 EUR	2.62%	Unknown
BNC	Traditional	599.84 EUR	2.62%	Unknown
TD Bank	Traditional	598.54 EUR	2.83%	Unknown
TD Bank	Traditional	598.54 EUR	2.83%	Unknown
OFX	Traditional	598.31 EUR	2.87%	Unknown
OFX	Traditional	598.31 EUR	2.87%	Unknown
BMO	Traditional	589.92 EUR	4.23%	Unknown
BMO	Traditional	589.92 EUR	4.23%	Unknown
PayPal	Traditional	589.09 EUR	4.36%	Unknown
PayPal	Traditional	589.09 EUR	4.36%	Unknown

Send CAD to Europe — Compare 36 Providers