Compare Canadian Western Bank CAD currency transfer options to/from Canada. You can beat Canadian Western Bank exchange rates when making a Canadian dollar money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Canadian Western Bank account in Canadian dollars, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
Canadian Western Bank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Canadian Western Bank account in Canada needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of $100,000 Canadian dollars (CAD) using Canadian Western Bank services would have a transaction exchange rate margin of around 5.0% – or $5,000 CAD. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only S700 CAD in total, which is a large saving over the bank service.
International money transfers from Canadian Western Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Canadian Western Bank account holder to use their services. Canadian Western Bank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of $5000.
Unless you pay a premium, Canadian Western Bank service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Canadian Western Bank was founded in 1988 and today has over 40 banking branches in Canada’s four western provinces, British Columbia, Alberta, Saskatchewan and Manitoba. The bank has over 2,000 employees. Banking services are available for business and personal customers.
Find Canadian Western Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Canadian Western branches in your search area results.
You can find answers to everyday banking questions at Canadian Western online. If you can’t find the answer you’re looking for, you can call them from outside Canada on +1 866-843-3917
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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