TANGERINE BANK CAD vs GBP/EUR EXCHANGE RATES
Compare Tangerine Bank CAD currency transfer options to/from Canada. You can beat Tangerine Bank exchange rates when making a Canadian dollar money transfer or overseas payment, save time, money and get the best deal.
| Tangerine Bank | GBP to CAD | EUR to CAD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | $1.727 to $1.734 | $1.488 to $1.493 |  |  | |
| TorFX | $1.733 | $1.492 |  | | |
| Wise | $1.735 | $1.495 |  | | |
| Tangerine Bank | $1.679 | $1.446 | |  |  |
Tangerine Bank International Money Transfers
International currency transfers to or from your Tangerine Bank account in Canadian dollars, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 3.8% and additional bank transaction or commission fees may apply.
Tangerine Bank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Tangerine Bank
Sending foreign currency to or from your Tangerine 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 Tangerine Bank services would have a transaction exchange rate margin of around 3.8% – or $3,800 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.
Tangerine Bank – Other Useful Information
International money transfers from Tangerine Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Tangerine bank account holder to use their services. Tangerine 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, Tangerine 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.
Tangerine Bank, Canada – About
Founded in 1997, Tangerine Bank (trading as Tangerine) is a Canadian direct bank that operates without banking branches (serving customers through internet and phone banking) and is a subsidiary of Scotiabank.
Tangerine Bank branch finder
Find Tangerine 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 Tangerine branches in your search area results.
Contact Tangerine Bank from abroad
You can find answers to everyday banking questions at Tangerine online. If you can’t find the answer you’re looking for, you can call them from outside Canada on +1 416‑758‑3139
Tangerine Bank – Head office address
Tangerine – 3389 Steeles Avenue East, Toronto, Ontario, M2H 0A1, Canada
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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