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Understanding the Table:
The comparison table above helps you see the total cost of your Scotiabank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
The table below shows Scotiabank Canadian dollar (CAD) Buy Cash exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | Scotiabank Buy Cash Rate | Cost% |
|---|
| Send money internationally as a direct deposit to your family or friends using your mobile app or online banking |
$1.99*/transfer on select accounts |
| Each automatic pre-arranged transfer of funds between your Scotiabank personal Canadian Dollar deposit account (debit transaction fee applies) | Free |
| Each manually processed pre-arranged transfer of funds between your Scotiabank personal deposit accounts (debit transaction fee applies where applicable) | $1.50 |
| Each transfer by branch staff between your Scotiabank personal deposit account due to telephone/fax/mail request, or to cover cheques (debit transaction fee applies) | $4.50 (optional Advice $5.00) |
| Transferring a Scotiabank account balance to another financial institution | $20.00 |
| Incoming Wire Transfer fees | |
| Incoming Wire Transfer identified as a Pension Payment in the payment message | $1.50 per transfer* |
| All other Incoming Wire Transfers | $15.00 CAD/USD per transfer* |
* All fees are charged in the currency of the account.
The Scotiabank FX Fees we use are based on publicly available information available here.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Visiting the United Kingdom offers a fantastic blend of culture, history, and convenience—but it can be pricey, especially in London. For a one-week mid-range stay, travelers should budget around GBP £900–£1,200, depending on how much is spent on accommodation and activities. The UK is highly card-friendly, with contactless payments accepted almost everywhere, though it’s still a good idea to carry a small amount of cash for taxis, markets, or tips.
Typical daily expenses in the UK:
• 🥘 Meal at a local restaurant: £15–£20
• ☕ Coffee: £3–£4
• 🚇 Public transport fare (daily cap in London): £7.70 (Oyster or contactless)
• 📱 Prepaid SIM card (7 days with data): £10–£15
• 🛏️ Budget hotel or Airbnb: £80–£130 per night
For expats, monthly living costs (excluding rent) typically range from £800–£1,200, with rent in London adding anywhere from £1,200 to £2,000+ depending on the area. Opening a UK bank account is straightforward with proof of address and ID, and debit card payments are the norm. Online services like Wise or OFX generally offer far better exchange rates and lower fees than traditional banks, making them the preferred choice for incoming transfers or moving funds internationally. Currency exchange at airport kiosks or high street outlets tends to be poor value—plan ahead to avoid hidden charges.
View a full list of exchange rates by selecting your Base (from) currency:
