How our site works

We think it's important to be transparent and to arm you with the facts about our site. The benefits and the limitations. We aim to provide the most accurate, up-to-date information to you, including tips and tools. We also compare provider options based on a set criteria such as rates, fees and customer ratings.

We value transparency and full disclosure in our dealings with you. We never charge to save people money, rank deals or providers based on referrals. Nor do we take any advertising money. We try our best to be as honest and objective as possible.

However, we can’t guarantee that our information is perfect, as journalistic content we are limited to the content and data sources we have access to. Please be aware that when you use our website, you use the information provided at your own risk and we can't accept liability if things go wrong.

Comparison disclaimer

We base our price comparison on data we've collected from providers, typically in 5 minute intervals.

We only compare bank-to-bank transfers and in cases where providers have paid plans, we use the free plan.

The comparison table shows how much it costs to send money internationally, between the currencies specified, using each of the providers we’ve listed. It also shows the amount the recipient gets.

In case you want to know more, we’ve explained what all the different bits of our comparison table mean - and how we work them out.

1. The transfer fee

The ‘transfer fee’ is simply how much the provider says it costs to use their service online. We only compare costs for online transfers from bank to bank. Telephone banking, paying from a branch or paying for a transfer via credit card are usually more expensive.

2. The exchange rate

The exchange rate is provided by the providers' in the table.

3. Total cost

The 'total cost' is worked out by factoring in the transfer fee and the exchange rate markup. To calculate the exchange rate markup, we look at the difference between the provider's given exchange rate and the mid-market rate from Reuters. For instance, if a provider’s rate was 1.4, and the mid-market rate on Reuters was 1.6, we’d record a difference of 0.2 (12.5%). We call this difference the ‘markup’ .

General disclaimer

Exiap Website (https://exiap.ca/) is a comparison website only and not a currency trading platform. Exiap is a website operated by TransferWise Ltd ("We", "Us"), a company incorporated under the laws of England and Wales with company number 07209813. Wise is the trading name of TransferWise Ltd.

We do not guarantee that Exiap Website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on Exiap Website is provided for general information only and is not intended as an exhaustive treatment of its subject.

We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of Exiap Website, any you may not rely thereon for any purpose.

You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on Exiap Website.

Although we make reasonable efforts to update the information on Exiap Website, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

Some of the content posted on Exiap Website has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of Wise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on exiap.ca do not represent our views.

General policy

We do not investigate the solvency of companies we mention. There is always a risk that a company can struggle and go bust, but this information is very rarely public knowledge until it's too late, so we are unable to give any foresight into this. Do note, while we always aim to give you accurate product and provider information at the point of publication, unfortunately price and terms of products and deals can always be changed by the provider afterwards, so double check first. We often link to other websites, but we can't be responsible for their content.

The information on Exiap does not constitute financial advice

We do not supply financial advice. All information is based on journalistic research rather than tailored advice aimed at individuals. This means we do not take your specific needs or circumstances into consideration.

Always do your own research to ensure it's right for your specific circumstances before making any financial decisions.