Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's CUP to CAD (Cuban Peso to Canadian Dollar) exchange rates

Cuba
Canada
CUP
Interbank Exchange Rate: 1 CUP = 0.0543 CAD
Updated about an hour ago

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All you need to know about Cuban Peso to Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Cuba to Canada. Send money overseas to your loved ones by comparing Cuban Peso (CUP) to Canadian Dollar (CAD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Were you looking to send money from Canada to Cuba instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest CUP to CAD Conversion Rates

Here are some latest CUP to CAD (Cuban Peso to Canadian Dollar) exchange rates for popular conversion amounts*.

1 CUP0.05 CAD
5 CUP0.27 CAD
10 CUP0.54 CAD
25 CUP1.36 CAD
50 CUP2.72 CAD
100 CUP5.43 CAD
150 CUP8.15 CAD
200 CUP10.86 CAD
250 CUP13.58 CAD
300 CUP16.29 CAD
400 CUP21.72 CAD
500 CUP27.15 CAD
600 CUP32.58 CAD
700 CUP38.01 CAD
800 CUP43.44 CAD
1,000 CUP54.30 CAD
1,500 CUP81.45 CAD
2,000 CUP108.60 CAD
2,500 CUP135.75 CAD
3,000 CUP162.90 CAD
4,000 CUP217.20 CAD
5,000 CUP271.50 CAD
10,000 CUP543.00 CAD
15,000 CUP814.50 CAD
20,000 CUP1,086.00 CAD
30,000 CUP1,629.00 CAD
40,000 CUP2,172.00 CAD
50,000 CUP2,715.00 CAD
100,000 CUP5,430.00 CAD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Cuba to Canada?

With the global remittance market booming, there are so many choices for Cuban Peso to CAD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Canada from Cuba. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final CAD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Cuba to Canada?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Cuba to Canada transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your CUP to Canadian Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Cuban Peso to Canadian Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Cuba to Canada?

Finding the cheapest way to send money from Cuba to Canada might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer CUP to CAD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Cuba to Canada exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Cuba to Canada through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Cuba to Canada money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like CUP to CAD transfers.

Given this, there are umpteen additional options to send money to Canada instead of just your Cuba bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Cuban Peso even more so that your recipient in Canada gets the maximum amount.


What is the fastest way to do a money transfer to Canada from Cuba?

If you need to convert CUP to CAD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Cuba to Canada could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Cuban Peso to Canadian Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Canada.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Cuba to Canada. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Cuba to Canada?

The first step in selecting the best money transfer operators for Cuba to Canada remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Cuban Peso to Canadian Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Canada.


Step by step guide to send money to Canada from Cuba

Follow the below easy steps to send money to Canada from Cuba.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Cuba bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Canada).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your CUP to CAD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.