In contrast, if you are looking to send a remittance from Canada to the US, the US to Canada, or send/receive money internationally, your best bet would be an international money transfer app such as Wise. Overall, Wise is very straightforward and very transparent in terms of what the fees are what exchange rate you’re getting and what competitors are offering.Įxclusive Promo: Free Transfer Up To $800 CAD It is completely safe and reliable for Canadians to use Wise to transfer money globally. Wise is an international company with 16 offices located around the world and over 10 million customers using their services. Thus, we can say such apps will be booming in Canada shortly. It happens due to the convenient interface and extended functionality that allows you not only to transfer cash via direct deposit but also get a cash loan wired in 1 hour. However, such apps are getting more and more popular now in Canada. Unfortunately, you cant’ create a cash app account as cash App by Square, is not available in Canada.Ĭurrently, the app is only available to users in the US and UK, and it does not work internationally.
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