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 21, 2026, for $1,000 CAD, Remitly delivered the most to Hong Kong: 5,558 HKD. Banks in the same comparison delivered up to 175 HKD less, mostly through a hidden exchange-rate markup averaging 3%. 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 | 5,558 HKD | 175 HKD | 3% |
| mainland China | Xoom | 4,777 CNY | — | — |
| India | Western Union | 67,054 INR | 2,135 INR | 3.02% |
| the Philippines | Western Union | 44,722 PHP | 2,665 PHP | 4.61% |
Cheapest Way to Send Money from Canada to Hong Kong, China, India and the Philippines