Us Dollar To Canadian Dollar Exchange Rate Western Union
Introduction
If you are looking to send money from the United States to Canada, you will need to know the current exchange rate between the US Dollar and the Canadian Dollar. One of the most popular ways to transfer money from the US to Canada is through Western Union. In this article, we will discuss the current exchange rate and how to transfer money through Western Union.
Current Exchange Rate
As of September 2021, the current exchange rate between the US Dollar and the Canadian Dollar is approximately 1 USD to 1.26 CAD. This means that for every US Dollar you transfer to Canada, you will receive approximately 1.26 Canadian Dollars.
How to Transfer Money with Western Union
Western Union is a popular way to transfer money internationally due to its convenience and reliability. To transfer money from the US to Canada with Western Union, follow these steps:
- Visit a Western Union location or use the Western Union website or app
- Select "Send Money" and enter the amount you wish to transfer
- Enter the recipient's name and contact information
- Select a payment method and enter your own payment information
- Review and confirm the transaction
Western Union Fees and Exchange Rates
When using Western Union to transfer money from the US to Canada, there are typically fees associated with the transaction. The fees vary depending on the amount of money being transferred and the method of payment. Additionally, Western Union's exchange rates may not be the most competitive in the market. It is important to compare exchange rates and fees before choosing a money transfer provider.
Alternative Money Transfer Providers
While Western Union is a popular choice for international money transfers, there are other providers that may offer more competitive rates and lower fees. Some popular alternatives include:
- Xoom
- TransferWise
- OFX
- WorldRemit
Conclusion
If you need to transfer money from the US to Canada, it is important to stay informed about the current exchange rates and fees associated with money transfer providers such as Western Union. While Western Union is a convenient and reliable option, it may not always offer the most competitive rates. Consider comparing multiple providers to find the best option for your needs.
