Send money overseas
Compare what your family receives after fees and exchange-rate markups when sending money between Canada, Hong Kong, China and other countries.
On October 16, 2026, for $1,000 CAD, Remitly delivered the most to Hong Kong: 5,528 HKD. Banks in the same comparison delivered up to 194 HKD less, mostly through a hidden exchange-rate markup averaging 3.06%. Online transfer companies usually beat banks; compare the amount received, not the fee.
| Sending $1,000 CAD to | Best value | They receive | Most a bank gave less | Average bank markup |
|---|---|---|---|---|
| Hong Kong | Remitly | 5,528 HKD | 194 HKD | 3.06% |
| mainland China | Xoom | 4,753 CNY | — | — |
| India | Western Union | 66,867 INR | 2,034 INR | 3.05% |
| the Philippines | Western Union | 44,285 PHP | 2,827 PHP | 4.76% |
Cheapest Way to Send Money from Canada to Hong Kong, China, India and the Philippines