Read our expert Canadian Banks Reviews to compare currency exchange services and find the best options for your international money transfers.
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BMO Global Money Transfer normally costs C$5, with waivers for selected plans and transfers to BMO in the United States. The quoted exchange rate remains part of the cost.
RBC currently charges no transfer fee for its digital International Money Transfer service, but its exchange rate and any third-party deductions still affect the total cost.
Scotiabank's digital international transfer can cost C$1.99 depending on the account. Its quoted rate includes a markup, and other banks may deduct charges.