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The cheapest way to send money abroad from Canada

It’s easy to send money from Canada and recently I discovered that none of my friends were using the cheapest way. The strangest point is the fact that almost all of them were sure to be using the cheapest solution, “because I compared”, they say. So the question is what are the different methods to compare and why their method didn’t work.

 

Comparing the best options to send money abroad from Canada, only once

Let’s say you want to transfer money from Canada now, you are going online and are taking a look at the different options. First problem: there are more than 500 operators providing money transfers from Canada, how are you going to compare all of them in one day? Second problem: their rates change every second: how are you going to know which one is the cheapest. There is no doubt, you should take a look at a comparison website which is already comparing all the options in real time. Easy. Simple. Fast.

 

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Comparing the best options to send money abroad from Canada, every time in a few clicks

Let’s say you are going to transfer money from Canada every month, then you should not choose one solution. However you should choose to use a comparison service every time you need to send money abroad from Canada. Therefore you are going to use the cheapest solution on the market every time. Simple. Efficient. In a few clicks.

 

If you compare the best alternatives to send money abroad once, you are going to be screwed because you are going to choose to register with a solution currently promoting good rates. What is important for you is to transfer money with an affordable solution, not transfer money once for free and then with huge costs. So the best option you have online when you want to transfer money from Canada is to use a comparison service every time you need to send money abroad. Comparison services make money if you use them so they tend to feature accurate rates in partnership with money transfer services. The good news is that money transfer comparison tools are free for individuals.

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What is the best way to send money to China?

I’m a Spanish guy currently living in China. I arrived there 5 years ago and I am quite active in the European communities in Shanghai. In 5 years I discovered many new ways to send money to China. Transferring money to Shanghai has never been easy though. I’m happy to share my experience here. First I want you to know that you can send money to China. Second, it might be useful to use a comparator before, I’m using moneytis.

The good news is you can send money to China

Yes we can. It seems probably obvious for you but you have to know that it is almost impossible to send money from China or to simply leave the country with your money. So the fact that we can send money to this country is a good news.  I understand the Chinese government which wants to master international money transfers so that there is more money coming in than money coming out.

Cash is not easy to send but you can always find a Western Union office somewhere sand try. Exchanging renminbi for euros or dollars is not easy because you can for small amounts and the exchange rate is going to have a lot of hidden fees.  Anyway the subject I want to explain here is that there is a good way to send money to China.

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How to find the best way to send money to China

Moneytis compares all money transmitters in the World in real time. It means that whatever the day and hour when you need to transfer money, Moneytis shows you the best operator at this very moment. Rates are 100% accurate. Because rates offered by providers are changing a lot, using Moneytis allows you to use the solution you prefer.

And there is something interesting you might use on moneytis website: it’s the alert system. You can receive alerts when the best operator changes and you can receive alerts when the exchange rate you are interested in changes a lot. It allows to watch exchange rates without stress.

Finally, I have to say that I didn’t mention the best way to send money to China. I explained the best comparison to always be sure that you send money using the best operator. I’m proud to be able to teach a method instead of simply giving a name of a solution. Hope my synthesis is useful.