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Send money with PISP

Send money with PISP 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
  • ×
    0.7193

Should arrive by Wednesday

Get started

Save on exchange rate markups

The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.

At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.

How do we select providers and collect this data?
Sending 1,000 CAD withRecipient gets(Total after fees)
Wise
714.02 USD
Transfer fee
7.40 CAD
Exchange rate(1 CAD USD)
0.719347
Exchange rate markup
0 CAD

Cost of transfer
7.33 CAD

RBC Royal Bank of Canada
703.48 USD- 10.54 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.703480
Exchange rate markup
21.99 CAD

Cost of transfer
21.99 CAD

Scotiabank
701.07 USD- 12.95 USD
Transfer fee
1.99 CAD
Exchange rate(1 CAD USD)
0.702468
Exchange rate markup
23.39 CAD

Cost of transfer
25.38 CAD

TB Bank
700.33 USD- 13.69 USD
Transfer fee
0 CAD
Exchange rate(1 CAD USD)
0.700329
Exchange rate markup
26.37 CAD

Cost of transfer
26.37 CAD

PayPal
686.32 USD- 27.70 USD
Transfer fee
2.99 CAD
Exchange rate(1 CAD USD)
0.688374
Exchange rate markup
42.99 CAD

Cost of transfer
45.98 CAD

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How to send money with PISP in 3 easy steps

What is PISP money transfer?

Sending a PISP Open Banking money transfer is an easy way to pay in GBP from your UK bank, when you want to move money overseas.

Wise offers 2 Open Banking payment options: one off payments, and individual or repeat pull of funds payments. Making a one off payment using PISP is convenient because you’ll be redirected to your bank from Wise, with your payment details pre-populated. If you choose to then link your bank account with Wise, you’ll be able to make future international transfers without the need to log into your online banking every time.

You can send a PISP payment with Wise, up to the payment limits set by your own bank. Different banks have their own maximum open banking caps, but these are usually from about 10,000 GBP per transfer to about 50,000 GBP per transfer.

Learn more about using PISP.

Online money transfer fees

How much does it cost to send money with PISP?

To send money with PISP 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 with PISP take?

A money transfer with PISP (CAD-USD) should arrive by Wednesday. 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 Wednesday

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.