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    TD Bank Send Money to Saudi Arabia from Canada CAD/SAR

    You can save plenty by searching for better exchange rates when sending money to Saudi Arabia from Canada. Compare TD Bank rates - Save on loonie→riyal transfers.

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    How to Save on TD Bank CAD to SAR Money Transfers

    In the above table we compare TD Bank CAD to SAR exchange rates to other well established, regulated FX providers and banks to help you save when sending money or making an international payment from Canada to Saudi Arabia.

    The FX providers listed above can help you with the whole process, provide useful advice, online tools and most importantly bank-beating exchange rates & low or zero fees.


    TD Bank Exchange Rates at a glance

    TD Bank offer competitive exchange rates on over 50 foreign currencies for travel money and transfers via their online internet banking at their branches.

    As usual non-cash rates for transfers are better than Travel Money (Cash) Rates. This reflects the costs and risks associated with shipping, handling and holding foreign currency in cash.

    TD Bank publish their CAD and USD exchange rates here. These Non-Cash rates are available to TD bank clients only and apply to the conversion of paper and electronic instruments such as wire transfers, cheques, drafts, etc.

    The table below shows recently quoted TD Bank CAD exchange rates with the percentage of margin being charged from the market mid-rate when they were published.

    TD Bank Exchange Rates (% margins to midrate)

    Note that the above carded rates from TD Bank do not include any special BER deals that we have negotiated with some providers. To find these deals you can use the above exchange rate comparison tool.


    Forecasts for CAD to SAR


    According to recent currency market updates and analyst forecasts, the Canadian Dollar (CAD) has been propped up by oil prices, which have remained strong despite market volatility. The CAD has a positive correlation with the US Dollar, and without any major economic data in sight, the movement of oil prices and the overall market sentiment are expected to influence the 'Loonie'. It is worth noting that the CAD has struggled against the USD due to risk-on and risk-off environments in financial markets, rather than intrinsic factors within the US and Canadian economies. The Canadian Dollar may face additional downward pressure in 2023 due to continued housing price declines and adverse wealth effects.


    Read our full CAD to SAR forecasts analysis


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    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

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