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CAD payouts · arrive within one business day

Send USD to Canada, at the mid-market rate.

Pay out to a bank account in Canadian dollars (CAD) from a US-dollar account in your own name. You see the fee and the exact amount your recipient gets before you send.

See the 114 banks we pay out to ↓

Updated · Estimated rate, as of Aug 20, 2026, 11:27 AM UTC · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer

Estimate a payout

estimate

USD

They receive

≈ CAD 1,367.69

Payout currency

1 USD = 1.3759 CAD

Account type
Maash fee$6.00 (0.5% + $1.00)

Estimated mid-market rate, as of Aug 20, 2026, 11:27 AM UTC. The fee comes out of the amount you send, so the recipient gets the rest. The exact amount is shown before you confirm.

Delivery time

Next day

bank payouts to Canada arrive within one business day over EFT. Occasionally a banking partner pauses a transfer for a short compliance check.

from 0.5%

business rate + $1.00 fixed

1.3759

CAD per USD · as of Aug 20, 2026, 11:27 AM UTC

114

banks we pay out to

$1.02

minimum · up to CA$600,000 (about $440,000) per transfer

// worked example

Sending $1,000.00 to Canada

You send

$1,000.00

Maash fee (business)

−$6.00

0.5% + $1.00 fixed

They receive

CA$1,367.69

1 USD ≈ 1.3759 CAD · mid-market, no markup

You send

$1,000.00

Maash fee (personal)

−$11.00

1% + $1.00 fixed

They receive

CA$1,360.81

1 USD ≈ 1.3759 CAD · mid-market, no markup

Sending $1,000.00 to Canada on a business account costs $6.00 and delivers ≈CA$1,367.69 at the mid-market rate; on a personal account it costs $11.00 and delivers ≈CA$1,360.81.

Estimated at the mid-market rate as of Aug 20, 2026, 11:27 AM UTC; the exact amount your recipient receives is shown before you confirm.

// Rate history

How the USD → CAD rate has moved

Between 31 Jul 2026 – 20 Aug 2026, captured daily, the rate ranged from a low of 1.3763 to a high of 1.4061 CAD per US dollar; the latest recorded rate, 1.3763, sits in the lower third of that range.

Rate history range

Mid-market rate, no markup · captured daily · as of Aug 20, 2026, 11:01 AM UTC

// the details

Sending USD to Canada: the details

Sending US dollars to Canada: payout currency, delivery method, delivery time, transfer limits, and exchange rate.
DetailValue
Payout currencyCanadian dollar (CAD)
Delivery methodBank transfer over EFT
Delivery timeWithin one business day over EFT. Occasionally a banking partner pauses a transfer for a short compliance check.
Transfer size$1.02 minimum · up to CA$600,000 (about $440,000) per transfer
Exchange rateMid-market, no markup (1 USD ≈ 1.3759 CAD)
What you needYour recipient’s bank details in Canada — the account name, account number, and any local routing code.

Every way we pay out to Canada

Each network runs on its own schedule. Which one a payout uses depends on the bank details your recipient has.

Every network we pay out to Canada over, with each one’s delivery time, minimum, per-transfer limit, and personal fee.
CurrencyPaid overDelivery timeMinLimitFee
CADEFT · localnext day$1.02Up to CA$600,0001% + $1.00
USDSWIFT1–4 days$35.36No limit1% + $35.00

Fees shown for a personal account.

Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.

We also pay out to Canada in USD over SWIFT (1% + $35.00 on a personal account, 0.5% + $35.00 on business).

You can also open a Maash account from Canada — see every country you can open one from.

How to send USD to Canada

  1. 1

    Open your Maash account

    Sign up and verify your identity. Opening a US-dollar account is free and takes a few minutes.

  2. 2

    Add your recipient in Canada

    Enter the amount in US dollars and your recipient’s bank details in Canada.

  3. 3

    Confirm and send

    Review the fee and the amount they’ll receive — both shown upfront — then confirm with your passkey.

Sending USD to Canada — FAQ

Speed

How long does it take to send USD to Canada?

Payments between Maash accounts land in seconds, and bank payouts arrive within one business day over EFT. Occasionally a banking partner pauses a transfer for a short compliance check. Maash tells you when that happens.

Rate

How has the USD to CAD rate moved over this period?

Between 31 Jul 2026 – 20 Aug 2026 the mid-market rate fell 1.80%, with a low of 1.3763 and a high of 1.4061 CAD per US dollar. The rate is captured daily and shown at the mid-market rate with no markup.

Cost

How much does it cost to send money to Canada?

A payout to Canada in Canadian dollars (CAD) costs 1% plus a $1.00 fixed fee on a personal account, or 0.5% plus $1.00 on a business account. Currency conversion uses the mid-market rate with no markup, and every fee is shown before you confirm.

Sending USD

Can I send US dollars to a bank account in Canada?

Yes, over SWIFT. The fee is 1% + $35.00 on a personal account, 0.5% + $35.00 on business — a payout in Canadian dollars (CAD) costs 1% plus a $1.00 fixed fee instead, so a recipient with an account in Canadian dollars usually pays less. Your recipient’s account must accept US dollars.

Safety

Is my money safe while the transfer is processing?

Yes. Your funds sit in your own account and only move when you confirm a transfer with your passkey. Maash can’t spend, move, or freeze your balance. Occasionally a banking partner pauses a transfer for a short compliance check. A review delays a transfer — it never takes your money.

Banks

Which banks in Canada can I send money to?

Maash pays out to 114 banks in Canada. Your recipient needs an account in their own name; enter their bank details when you add them. The list is the one Maash’s payout provider states and can change.

Account

Can I open a Maash account in Canada?

Yes. Canada is one of the countries Maash can open an account from, so you can both hold US dollars and send to Canada. Identity verification applies, and some countries need additional checks; Maash lists every country it can open an account from on its supported-countries page.

Send USD to other countries

All 191 payout countries →

Personal-account fee and the fastest delivery time — each page lists the networks that country is reached over, the personal and business fee, and, where we list them, the banks we pay out to.

// banks

Banks we pay out to in Canada

We can send Canadian dollars to accounts at these 114 banks in Canada. The list comes from our payout provider and can change; if your recipient’s bank isn’t here, it may still be reachable — the account details you enter decide the rail.

114 banks

  • ADS Canadian Bank
  • Amex Bank of Canada
  • ATB Financial
  • Atlantic Central (Institution Code 839)
  • Atlantic Central (Institution Code 849)
  • B2B Bank
  • Bank of America, National Association
  • Bank of Canada
  • Bank of China (Canada)
  • Bank of China, Toronto Branch
  • Bank of Montreal
  • Barclays Bank PLC, Canada Branch
  • BNP Paribas
  • Bridgewater Bank
  • Caisse Desjardins Ontario Credit Union Inc.
  • Caisse populaire acadienne ltée
  • Caisse populaire Alliance Limitée
  • Caisse Populaire Group Financier Ltée
  • Canadian Imperial Bank of Commerce (Institution Code 010)
  • Canadian Imperial Bank of Commerce (Institution Code 326)
  • Canadian Tire Bank
  • Canadian Western Bank
  • Capital One Bank (Canada Branch)
  • Central 1 Credit Union (Institution Code 809)
  • Central 1 Credit Union (Institution Code 828)
  • Central 1 Credit Union (Institution Code 869)
  • China Construction Bank Toronto Branch
  • CIBC Trust Corporation
  • Cidel Bank Canada
  • Citco Bank Canada
  • Citibank Canada
  • Citibank, N.A
  • Coast Capital Savings Federal Credit Union
  • Comerica Bank
  • Community Trust Company
  • Concentra Bank
  • Credit Union Central Alberta Limited
  • Credit Union Central of Manitoba Limited
  • Credit Union Central of Saskatchewan
  • CS Alterna Bank
  • CTBC Bank Corp. (Canada)
  • Deutsche Bank AG
  • Digital Commerce Bank
  • Duo Bank of Canada
  • Edward Jones
  • Effort Trust Company
  • Equitable Bank
  • Exchange Bank of Canada
  • Fédération des caisses Desjardins du Quebec
  • Fifth Third Bank, National Association
  • First Commercial Bank
  • First Nations Bank of Canada
  • General Bank of Canada
  • Habib Canadian Bank
  • Haventree Bank
  • Home Bank
  • Home Trust Company
  • HomeEquity Bank
  • HSBC Bank Canada
  • HSBC Mortgage Corporation (Canada)
  • ICICI Bank Canada
  • Industrial and Commercial Bank of China (Canada)
  • Investors Group Trust Co. Ltd.
  • J.P. Morgan Bank Canada
  • JPMorgan Chase Bank, National Association
  • KEB Hana Bank Canada
  • Laurentian Bank of Canada
  • M & T Bank
  • Manufacturers Life Insurance Company
  • Manulife Bank of Canada
  • Manulife Trust Company
  • Mega International Commercial Bank Co., Ltd.
  • Mizuho Bank Ltd.
  • Montreal Trust Company of Canada
  • Motus Bank
  • MUFG Bank, Ltd., Canada Branch
  • Natcan Trust Company
  • National Bank of Canada
  • National Trust Company
  • Peace Hills Trust Company
  • Peoples Bank of Canada
  • Peoples Trust Company
  • PNC Bank Canada Branch
  • President's Choice Bank
  • Rabobank Canada
  • RFA Bank of Canada
  • Rogers Bank
  • Royal Bank of Canada
  • Royal Trust Corporation of Canada
  • SBI Canada Bank
  • Scotia Mortgage Corporation
  • Shinhan Bank Canada
  • Société Générale (Canada Branch) (Institution Code 292)
  • Société Générale (Canada Branch) (Institution Code 346)
  • State Street
  • Sumitomo Mitsui Banking Corporation, Canada Branch
  • Sun Life Financial Trust Inc.
  • Tangerine Bank
  • TD Mortgage Corporation
  • TD Pacific Mortgage Corporation
  • The Bank of New York Mellon
  • The Bank of Nova Scotia
  • The Canada Trust Company
  • The Northern Trust Company, Canada Branch
  • The Royal Trust Company
  • The Toronto-Dominion Bank
  • Trust La Laurentienne du Canada Inc.
  • U.S. Bank National Association
  • UBS Bank (Canada)
  • United Overseas Bank Limited
  • Vancity Community Investment Bank
  • VersaBank
  • Wealth One Bank of Canada
  • Wells Fargo Bank, National Association, Canadian Branch

as of August 20, 2026

Send USD to Canada.

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