{"id":31779,"date":"2025-06-13T12:21:01","date_gmt":"2025-06-13T16:21:01","guid":{"rendered":"https:\/\/www.prepareforcanada.com\/?p=31779"},"modified":"2026-03-20T13:23:17","modified_gmt":"2026-03-20T17:23:17","slug":"transfer-money-to-canada","status":"publish","type":"post","link":"https:\/\/prepareforcanada.com\/blog\/managing-money\/financial-first-steps\/transfer-money-to-canada","title":{"rendered":"How Do I Transfer Money to Canada & Ship Goods When Moving?"},"content":{"rendered":"\n\n
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Planning to immigrate? Learn how to transfer money to Canada safely and efficiently, from opening a Canadian bank account to choosing the best method. This guide also covers shipping furniture and valuables, what to declare at customs, and key tips for a smooth move.<\/p>\n\n<\/div>\n <\/div>\n<\/section>\n\n\n\n

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What are the common ways to transfer money to Canada?<\/h2>\n\n\n\n
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1. Wire transfer<\/h3>\n\n\n\n
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A wire transfer is one of the easiest ways to transfer your money to Canada. However, you can only do this if you have opened a bank account in Canada. Upon arrival, you can easily access your funds from your Canadian bank account.<\/p>\n\n\n\n

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Opening a bank account with one of Canada’s “big five” banks is a good idea. They have many branches across Canada to simplify your banking needs. Canada’s “big five” banks are:<\/p>\n\n\n\n

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  • Bank of Nova Scotia (ScotiaBank)<\/li>\n\n\n\n
  • Toronto-Dominion Bank (TD)<\/li>\n\n\n\n
  • Canadian Imperial Bank of Commerce (CIBC)<\/li>\n\n\n\n
  • Royal Bank of Canada (RBC)<\/li>\n\n\n\n
  • Bank of Montreal (BMO).<\/li>\n<\/ul>\n\n<\/div>\n <\/div>\n<\/section>\n\n\n\n
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    2. International money order<\/h3>\n\n\n\n
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    Another way to transfer your money to Canada is with an international money order. This is a good option if you decide to open a Canadian bank account after you move to Canada. You will need to get an international money order from your bank in your country of origin before moving.  <\/p>\n\n\n\n

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    Upon arrival, you’ll need to open a bank account and deposit the money order into your Canadian bank. Most international money orders have a maximum limit of $1,000 per order. This means that you must buy multiple orders to deposit all your money into a Canadian bank.<\/p>\n\n\n\n

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    A money order is a relatively safe way to travel with money, compared to carrying large amounts of cash. Money orders can also be tracked, providing greater security if lost or stolen.<\/p>\n\n\n\n

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    However, some banks may place a hold on funds for a period before they are available to you. The wait time will vary depending on the bank, so ask your bank when you can access your money.<\/p>\n\n\n\n

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