Question 1

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

Accepted Answer

With the global remittance market booming, there are so many choices for Mauritian Rupee 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 Mauritius. 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.

Question 2

How to get the best remit rate for transferring money from Mauritius to Canada?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Canada from Mauritius. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your MUR to Canadian Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Mauritius to Canada corridor to give you more good choices for your next CAD money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Canada from Mauritius. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Canada using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Canadian Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MUR to Canada exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Canada from Mauritius.

Question 4

Should I use my bank to send money from Mauritius to Canada?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MUR to CAD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Mauritius to Canada money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Canada from Mauritius. They do this by letting you fund your transaction through your local bank account in Mauritius, and by allowing you to choose the payout to be your recipient's bank account in Canada. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

How to send money to Canada from Mauritius fast?

Accepted Answer

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mauritius to Canada. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MUR to CAD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Mauritian Rupee amount reaching Canada. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Canadian Dollar quickly to Canada, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.

Question 6

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

Accepted Answer

The first step in selecting the best money transfer operators for Mauritius 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 Mauritian Rupee 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.

Question 7

Step by step guide to transfer money to Canada from Mauritius

Accepted Answer

There are many important aspects of Mauritius to Canada remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mauritius bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include CAD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
Step 4 - Provision recipient details including name and address.
Step 5 - Decide how much Mauritian Rupee amount you want to send from Mauritius.
Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Canada to validate that they get the money once the transaction clears.

1 MUR	0.03 CAD
5 MUR	0.15 CAD
10 MUR	0.30 CAD
25 MUR	0.74 CAD
50 MUR	1.48 CAD
100 MUR	2.96 CAD
150 MUR	4.44 CAD
200 MUR	5.92 CAD
250 MUR	7.40 CAD
300 MUR	8.88 CAD
400 MUR	11.84 CAD
500 MUR	14.80 CAD
600 MUR	17.76 CAD
700 MUR	20.72 CAD
800 MUR	23.68 CAD
1000 MUR	29.60 CAD
1500 MUR	44.40 CAD
2000 MUR	59.20 CAD
2500 MUR	74.00 CAD
3000 MUR	88.80 CAD
4000 MUR	118.40 CAD
5000 MUR	148.00 CAD
10000 MUR	296.00 CAD
15000 MUR	444.00 CAD
20000 MUR	592.00 CAD
30000 MUR	888.00 CAD
40000 MUR	1,184.00 CAD
50000 MUR	1,480.00 CAD
100000 MUR	2,960.00 CAD

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