Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 94.1% of Canada to Saudi Arabia searches, and was the top rated company out of 5 that support CAD to SAR.
So for a great mix of cost, speed & features, make your Canada to Saudi Arabia transfer using Wise.
How to get the best deal on your Canada to Saudi Arabia transfer
Important things to consider before sending money from Canada to Saudi Arabia
Don't settle for the first option. Always compare ways to send money from Canada to Saudi Arabia to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Canada and Saudi Arabia.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Saudi Arabia.
Cheapest way to send money to Saudi Arabia from Canada: XE
Data collected over the past six months shows that XE is 0.2% cheaper than the second-best option.
The $0.44 transfer cost represents the most common fee for CAD to SAR international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Saudi Arabia transfer, make sure you pick XE to send your money online.
*The most common fee applied to CAD-SAR by XE, based on data from the past six months.
Fastest way to send money from Canada to Saudi Arabia: Wise
Our data shows that Wise came up as the fastest way to send money from Canada to Saudi Arabia in 64.7% of searches. This makes them well suited to urgent CAD to SAR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Saudi Arabia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Saudi Arabia from Canada in 64.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send CAD from Canada to Saudi Arabia, it’s the provider that will keep you safe and relaxed while your money moves into SAR.
Understanding the costs involved when moving money from Canada to Saudi Arabia
When calculating the costs of money transfers between Canada and Saudi Arabia, here's what really matters:
The Mid-Market Rate: Today, the CAD-SAR mid-market rate equals 2.752843 SAR per Canadian Dollar.
The CAD-SAR average exchange rate for the past three months has been 2.7778 SAR per Canadian Dollar, with a high of 2.8276 and a low of 2.7434.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to SAR.
How to find the best exchange rate for Canada to Saudi Arabia
Timing is essential for sending money between CAD and SAR. The exchange rate you secure impacts how much SAR you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to SAR has seen some fluctuation. On average, it stood at 2.7778.
During this period, the highest value recorded was 2.8276, while the lowest was 2.7434.
Wise, which is our recommended service to send money online from Canada to Saudi Arabia offers an exchange rate that is only 0% above the mid-market rate.
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Payment methods available to fund your Canada to Saudi Arabia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Saudi Arabia and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Saudi Arabia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to SAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.