Skip to main content

How to send money to Canada 🇨🇦

Guide to Sending Canadian Dollars (CAD) with Grey

Written by Ayomikun

You can send Canadian Dollars (CAD) from your Grey account to bank accounts in Canada using bank transfers or Interac.

Supported Payment Method

  • Bank transfer: You can send CAD directly to any Canadian bank account, including personal or business accounts.

  • Interac: You can also send funds via Interac to all banks in Canada enabled for autodeposit. Interac is a real-time bank-to-bank transfer system widely used across the country. What you need is the recipient's email address.


    We currently only support Interac via email.





    What You Need to Send Funds to Canada using Bank Transfer

  • Recipient's first name

  • Recipient's last name

  • Recipient address

  • Recipient email address

  • Institution number (3-digit)

  • Transit number (5-digit transit number/branch code)

  • Account number (7-12 digits)

  • Beneficiary city

  • Post code

  • Your security question

What You Need to Send Funds to Canada using Interac

  • Recipient email address

How to withdraw using Bank Transfer or Interac

  • Log in to your account.

  • Select your balance, which is funded

  • Click 'Send'. After this, select "Send via bank transfer" or "Interac"

    Note: The payout method will depend on the option you choose for sending the payment.

  • Click on 'Send to a new recipient.'

  • Search for 'Canada' and select "Canadian Dollar".

  • Select payout type "Bank transfer" and input the recipient bank details. For Interac, you can select Interac.

  • Click 'Continue'

  • Input the 'Amount' and click 'Continue.'

  • Input your two-factor authenticator code/PIN/Biometrics to complete the payout.

    For Interac transfers, you'll be prompted to set a security question to use in completing the payment after the recipient has accepted your request to send them the payment. If a recipient does not have auto-deposit enabled, they must provide the correct security answer to claim the funds; otherwise, the transaction may be returned.

  • Bank Transfers: Typically completed within 1 business day (after the transfer is processed), with a fee of 2.50 CA$ per transaction.

  • Interac Transfers: Completed in real-time (almost instantly), with a fee of 3 CA$ per transaction.

Did this answer your question?