Finder Money Transfer Awards and Ratings

Find out which platforms have won coveted Finder Awards and more about how we rate them.

Finder Awards

Finder’s International Money Transfer Awards recognizes Canada’s best money transfer platform. Find out the overall winner as well as those named category winners for Coverage, Beginners, Features and more.

2023 Finder Award Winners and Finalists

ing logo

Features: OFX

Not only do OFX offer convenient, low-cost global transfers, but its website and app are also packed with handy features for individuals and businesses. Rate alerts, transfer tracking, payment APIs and transfer options such as forward contracts put it out in front for our Features category.

Finalists
ing logo

Beginners: Wise

International money transfer platform Wise is the winner of our Beginner category. The platform scored highly for its customer support options, speedy transfers, low fees and useful features.

Finalists
ing logo

App: Remitly

Remitly’s handy app has proved popular with its customers and has seen the platform take out the win in our App category. App users can use it to do everything they would on the Remitly website and manage their transfers in their language of choice.

Finalists
ing logo

Coverage: MoneyGram

Finalists

MoneyGram is a household name in global money transfers and is our winner for the Coverage category. Those looking to transfer money can transfer up to 100 currencies to up to 200 countries with this platform.

ing logo

Value: Paysend

Global money transfer platform Paysend has come out on top in our Value category, which required it to score well across a range of features including fees, coverage, features, payment options and transfer speed.

Finalists
ing logo

Business: OFX

In a second win for OFX it has been named the winner of our Business category. OFX offers business customers a number of great features including an account manager, a large number of payment options, low-cost transfers, payment APIs and transfer options that can benefit businesses such as forward contracts.

Finalists
ing logo

Sending Money to China: Remitbee

If you’re sending money to China from Canada, Remitbee is your best option. It scored highly for its low fees to transfer money from Canadian Dollars to Chinese Yuan along with a good exchange rate, fast transfers, customer support, payment options and transfer features.

Finalists
ing logo

Sending Money to India: XE

Online money transfer platform XE is the winner of our Sending Money to India category. The platform was found the be the best for transferring money from Canadian Dollars to Indian Rupees with a competitive exchange rate, speedy transfer and other features such as a good range of payment options and customer support.

Finalists
ing logo

Sending Money to the UK: XE

XE was also the winner of our Sending Money to the UK category. The online money transfer platform was the most competitive for Canadians transferring Dollars into Pounds and offered a competitive exchange rate, fast transfer, a range of payment options and other handy features such as customer support.

Finalists
ing logo

Sending Money to the US: XE

XE also came out on top for our Sending Money to the US category. Those looking to transfer Canadian Dollars to United States Dollars will find XE to have fast transfers, a wide range of payment options, customer support, and of course, a competitive exchange rate.

Finalists
ing logo

Sending money to the Philippines: XE

XE is also the winner of our Sending Money to the Philippines category. Canadians looking for a fast, convenient way to send money to the Philippines will benefit from XE’s competitive exchange rate, payment options, customer support and other features on offer.

Finalists

Category methodologies: How we chose the winners

Features

  • Third-party reviews: 10%
  • Customer service support: 5%
  • Supported currencies: 10%
  • Supported countries: 10%
  • Payment options: 10%
  • Send/receive fee: 5%
  • Features: 50%

Beginners

  • Third-party reviews: 20%
  • Customer service support: 50%
  • Speed of transfer: 5%
  • Send/receive fee: 15%
  • Features: 10%

App

  • Third-party reviews: 75%
  • Customer service support: 10%
  • Send/receive fee: 5%
  • Features: 10%

Speed of Transfer

  • Third-party reviews: 10%
  • Customer service support: 5%
  • Speed of transfer: 55%
  • Supported currencies: 5%
  • Supported countries: 5%
  • Payment options: 10%
  • Send/receive fee: 10%

Coverage

  • Third-party reviews: 2.5%
  • Customer service support: 2.5%
  • Speed of transfer: 5%
  • Supported currencies: 50%
  • Supported countries: 25%
  • Payment options: 5%
  • Send/receive fee: 5%
  • Features: 5%

      Value

      • Speed of transfer: 10%
      • Supported currencies: 10%
      • Supported countries: 5%
      • Payment options: 10%
      • Send/receive fee: 60%
      • Features: 5%

      Business

      • Customer service support: 20%
      • Speed of transfer: 10%
      • Supported currencies: 10%
      • Supported countries: 10%
      • Send/receive fee: 5%
      • Features: 44.4%

      Sending Money to China

      • Customer service support: 10%
      • Speed of transfer: 15%
      • Payment options: 34.8%
      • Send/receive fee: 31.7%
      • Features: 10%

      Sending Money to India

      • Customer service support: 10%
      • Speed of transfer: 15%
      • Payment options: 35.2%
      • Send/receive fee: 31.7%
      • Features: 10%

      Sending Money to the UK

      • Customer service support: 10%
      • Speed of transfer: 15%
      • Payment options: 35.2%
      • Send/receive fee: 31.7%
      • Features: 10%

      Sending Money to the US

      • Customer service support: 10%
      • Speed of transfer: 15%
      • Payment options: 35.2%
      • Send/receive fee: 31.7%
      • Features: 10%

      Sending Money to the Philippines

      • Customer service support: 10%
      • Speed of transfer: 15%
      • Payment options: 35.2%
      • Send/receive fee: 31.7%
      • Features: 10%
      Elizabeth Barry's headshot
      Lead editor

      Elizabeth Barry is Digital Managing Editor for Entertainment at Are Media and formerly the lead editor for Finder's global financial niches which includes banking, crypto and investments. She has written about finance for 10 years and is regularly featured in a range of publications and media including Seven News, the ABC, MSN, the Irish Times and Singapore Business Review. See full bio

      Elizabeth's expertise
      Elizabeth has written 4 Finder guides across topics including:
      • Banking
      • Personal finance
      • Crypto banking
      • Investing

      More guides on Finder

      Go to site