The second largest country in the world is famous for its pristine landscape and wide-open spaces. Perfect for budding expats who crave an outdoors lifestyle in spectacular surroundings.
This breath-taking scenery is complemented by a forward-thinking approach, making Canada the embodiment of what a modern society should be. Visit any of its world-class cities and it feels as though Canada has taken the best of all the different places its inhabitants hail from – one in five Canadians were born abroad – to create an innovative, go-getting and friendly nation.
Canadians reputation for being unfailingly polite and welcoming means life here will be spent with a smile on your face. Add a booming economy to the mix and you won’t find anywhere better to live a full life, raise a family or retire
What do I need to send money to Canada?
Whether you’re moving to Canada permanently and need to send money back to the UK, or you have family and friends living there, making an international payment to send Canada is easy. Make sure you have the following information to hand – whether it’s your account in South Africa or another recipient – and you’re ready to go:
- Your personal details
- Reason for trade
- Beneficiary name
- Beneficiary account number
- Swift Code or BSB/Routing number
- Bank name
How difficult is it to send money overseas?
To take the hassle out of sending money overseas or specifically when you send money to Canada, The Telegraph has teamed up with foreign exchange specialists moneycorp to create the Telegraph International Money Transfer Service. Sign up for a free account and you will benefit from convenience and security when sending money to and from Canada, thanks to their expert service:
- Currency market guidance from your very own account manager.
- Specialist tools that allow you to manage your international payments with ease.
- The option to fix the exchange rate for up to two years using a forward contract (please not a forward contract may require a deposit.)
Can I send money to Canada online?
Use your very own online currency account to send money overseas at the touch of a button. Simply log on, select the currency you want to transfer, enter the amount and make the payment. You can also access moneycorp’s online service via the mobile app. on your smartphone or tablet.
As well as making payments at any time and from anywhere in the world, you can track their progress, monitor live exchange rates and sign up for email alerts on FX market movements.
Can I set up regular payments to send money to Canada?
If you need to send money to or from Canada on a regular basis, moneycorp’s Regular Payments Plan can manage everything on your behalf. This automated tool enables you to set up weekly, monthly or quarterly payments over the phone or online. All you have to do is provide your schedule, the amount and the recipient’s details – moneycorp will take care of the rest.
The service also allows you to fix the exchange rate, protecting the value of your payments from unwanted currency market movements. This provides you with the security of knowing how much you are sending and receiving every time.
The Telegraph International Money Transfer Service takes the stress out of sending money overseas, by providing you with the tools and support you need to make the most of every payment.
Exchange your money at the right rate with The Telegraph International Money Transfers
moneycorp is a trading name of TTT Moneycorp Limited which is authorised by the Financial Conduct Authority under the Payment Service Regulations 2017 (reference number 308919) for the provision of payment services.
The above article was created for Telegraph Financial Solutions, a member of The Telegraph Media Group. For more information on Telegraph Financial Solutions click here