The Best Way To Take Money To Canada

Planning to move to Canada or considering it as a destination for your next thrilling vacation? It’s going to be worth it either way – after all, Canada is one of the most peaceful and scenic countries in the world!

But travelling isn’t always fun and games; there’s a lot of things you have to do behind the scenes for a successful trip or move. A prime one of these includes taking your money along in the best way possible – exactly the purpose of this blog.

So, let’s talk about different ways to carry your travel money, and finish up by discussing the best one out of them all!


You can carry your money simply in the form of cash. This can either be in Canadian dollars or in the currency of the area you’re coming from.

The amount of money that can be carried has no limit, though you’ll need to declare the cash if it exceeds 10,000 CAD (per family or as a single traveller).

Need to buy Canadian Dollars online?

Buy online from Danesh Exchange with great rates and no service fees. Click ‘Buy Canadian Dollars online

Wire Transfer

You can transfer your money directly from your bank account in your current country to your Canadian bank account before you leave.

This, however, has the prerequisite of owning a bank account in Canada beforehand. If you don’t already own one, you will need to open a new Canadian bank account. This is not a really simple process and may take you a few days.

Travel cards

Another method to take money to Canada involves travel cards. These can be prepaid travel cards, credit cards, and debit cards. You can choose any of these based on whether or not you want to accumulate debt.

Products Provided By Banks

Finally, you can take money to Canada is in the form of monetary instruments. These include stocks, cheques, bonds, monetary instruments, and bank drafts, amongst others.

These, again, need to be declared if their values exceed 10,000 CAD.

The Best Way Of Them All

Carrying cash to Canada, including travel credit and debit cards plus major international credit cards, is arguably the best way to take money. Pre-paid cards may not be widely accepted, so you may want to avoid those.

Carrying large amounts of cash can be risky due to being cash. However, you might want to check the situation of exchange rates with your particular country beforehand.

On the other hand, getting your funds transferred directly through banks requires some reasonable effort beforehand, may create hassle, and might also be costly owing to high transfer fees.

Just make sure to check with your financial institution before leaving to confirm the acceptance of your cards in Canada, and you’ll be good to go. Safe travels with your money!

The Best (Plus Super Convenient) Way To Take Money To Canada

5 Ways to Avoid Money Exchange Mishaps When Traveling to Australia

October 31, 2017

Cash Currency Exchange Vs Forex Trading

May 10, 2017

Danesh Exchange: Currency Exchange Melbourne

May 10, 2017

Foreign Currency Exchange No Commissions

May 10, 2017

Foreign Money Exchange

June 8, 2017

How to Convert AUD to JPY at the Best Exchange Rate

March 5, 2018

How to Convert AUD to THB at the Best Exchange Rate

March 5, 2018

How to Convert AUD to THB at the Best Exchange Rate

March 14, 2018

How to Convert AUD to USD at the Best Exchange Rate

February 14, 2018

How to Purchase Euro in Australia

October 8, 2021

How to Purchase Foreign Currency in Australia

August 12, 2021

How to Purchase Foreign Currency Online?

July 19, 2018

How to Purchase US Dollars in Australia

October 9, 2021

How to Understand Currency Exchange Rates and Compare in Melbourne Australia?

November 6, 2017

International Money Transfer

June 8, 2017

Money Exchange with No Commissions

June 8, 2017

NEW – Home Delivery Service

July 10, 2019

PRESS RELEASE: Order Foreign Currency Online

May 15, 2018

Press Release: Your Favourite Money Exchange Now in Boronia – Danesh Exchange

September 28, 2018

The Best Way To Take Money To Canada

August 19, 2021

Top 3 Places To Visit In Canada On The Next Vacation

July 31, 2021

Top 7 Tips To Exchange Money In Melbourne With Danesh Exchange

November 21, 2017

What you need to know about currency exchange?

November 13, 2017

Where To Get The Best Exchange Rate In Melbourne

May 10, 2017