How to Send Money From Canada

There are many ways to send someone money from Canada, and each has its pros and cons. The biggest factor in this decision is where you would like the money to come from and where you'd like it to go, in terms of the form the money is in and its physical location. If you'd like the money to be transferred from your Canadian bank account to another account, a wire transfer is the best option. If you or the receiver don't have a bank account or you'd like to pay with cash, cash-transfer services are the way to go (see Resources).

Things You'll Need

  • Recipient's contact information, including email address
  • Bank account or cash
  • Recipient's bank information (account number, bank branch number, bank address)
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Instructions

  1. Send Money from a Bank Account

    • 1

      Find out if your bank is an Interac participant; this is a method of transferring money using online banking and email that does not require you to share any personal or financial information.

    • 2

      Follow the instructions on the Interac website to make an email money transfer if your bank is an Interac participant (see Resources).

    • 3

      Go to the local branch of your bank if your bank doesn't allow you to use Interac and provide them with the contact and bank information of the recipient, including his account number, the branch number of his bank and the bank address.

    • 4

      Confirm that the recipient has received the transferred money in her account. This typically takes one to two business days for domestic transfers, but more time should be allotted for international transfers.

    Send Cash Without a Bank Account

    • 5

      Go to the nearest office of a cash-transfer service with the receiver's contact information and a test question the recipient alone would be able to answer (see Resources).

    • 6

      Fill out the appropriate form and provide the funds for transfer.

    • 7

      Confirm that the recipient has picked up the money. He can do this at the cash-transfer service location nearest him after showing photo identification. Several days should be allotted for the transfer of funds, depending on the country of origin and the destination.

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