Send money using SOFORT

Send money using SOFORT from our website or mobile app, in just a few clicks. Join over 10 million people who choose Wise for fast and secure money transfers.
Availability of the payment type depends on the currency or the region.
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Over 10 million customers
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  • 0.31 CAD
  • 7.09 CADOur fee
  • 7.40 CADTotal fees
  • =
    992.60 CADTotal amount we’ll convert
  • ×
    0.7303

Should arrive by Thursday

Get started

We charge as little as possible. No subscription

Sending 1,000 CAD withRecipient gets(Total after fees)
Wise
724.87 USD
Transfer fee
7.40 CAD
Exchange rate(1 CAD USD)
0.730273
Exchange rate markup
0.07 CAD

Cost of transfer
7.47 CAD

Instarem.
724.74 USD- 0.13 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.724740
Exchange rate markup
7.65 CAD

Cost of transfer
7.65 CAD

Remitly
723.66 USD- 1.21 USD
Transfer fee
1.99 CAD
Exchange rate(1 CAD USD)
0.725100
Exchange rate markup
7.16 CAD

Cost of transfer
9.15 CAD

Xe
721.47 USD- 3.40 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.721468
Exchange rate markup
12.13 CAD

Cost of transfer
12.13 CAD

RBC Royal Bank of Canada
713.17 USD- 11.70 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.713170
Exchange rate markup
23.49 CAD

Cost of transfer
23.49 CAD

WorldRemit
712.92 USD- 11.95 USD
Transfer fee
3.99 CAD
Exchange rate(1 CAD USD)
0.715776
Exchange rate markup
19.92 CAD

Cost of transfer
23.91 CAD

TB Bank
711.34 USD- 13.53 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.711340
Exchange rate markup
26.00 CAD

Cost of transfer
26.00 CAD

Scotiabank
709.43 USD- 15.44 USD
Transfer fee
1.99 CAD
Exchange rate(1 CAD USD)
0.710845
Exchange rate markup
26.68 CAD

Cost of transfer
28.67 CAD

OFX
707.68 USD- 17.19 USD
Transfer fee
15 CAD
Exchange rate(1 CAD USD)
0.718452
Exchange rate markup
16.26 CAD

Cost of transfer
31.26 CAD

PayPal
699.55 USD- 25.32 USD
Transfer fee
2.99 CAD
Exchange rate(1 CAD USD)
0.701651
Exchange rate markup
39.26 CAD

Cost of transfer
42.25 CAD
This applies when you pay in via bank transfer. How do we collect this data?
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How to send money using SOFORT in 3 easy steps

What is SOFORT money transfer?

Making a SOFORT money transfer is easy, secure and simple to arrange. Just select SOFORT as the payment method when you set up your Wise international money transfer, and you’ll be directed to the SOFORT page, to enter your bank details.

SOFORT money transfers are offered to customers with accounts from participating banks in Austria, Belgium, Germany, Italy, the Netherlands, Slovakia, Spain, and Switzerland. You can send up to 25,000 EUR every 24 hours using SOFORT, and transfers can be instant, or may take up to 4 days to arrive. You’ll see a delivery estimate before you confirm your SOFORT money transfer, so you can see when your payment is likely to be received.

To make a SOFORT money transfer with Wise you’ll need to fund your Wise payment from a bank account in your own name, and you’ll need to make sure there’s enough money in your account to pay for the transfer and fees in full.

Learn more about using SOFORT.

Online money transfer fees

How much does it cost to send money using SOFORT?

To send money using SOFORT with Wise, you will pay a small, flat fee and a percentage of the amount that's converted. We will always show you the total cost upfront - and you can rely that we won't hide any further fees in the exchange rate.

Sending money shouldn’t cost the earth, so we built Wise to save you money when you transfer and exchange internationally. We charge as little as possible: right now a tiny fee, eventually free.

No big fees, hidden or otherwise. So it's cheaper than what you're used to.

How long does a money transfer using SOFORT take?

A money transfer using SOFORT (CAD-USD) should arrive by Thursday. Sometimes transfer times can differ based on currencies or verification changes. We’ll always keep you updated, and you can track each step in your account.

On many popular routes, Wise can send your money within one day, as a same day transfer, or even an instant money transfer.

Your transfer route

CAD
USD

Should arrive

by Thursday

Trust Wise with safe & secure money transfers

Safeguarded with leading banks

We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

See why customers choose Wise for their international money transfers

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it. Read our reviews at Trustpilot.com.