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10 Best Money Transfer Companies in Toronto

Money transfer companies can differ substantially by destination, delivery method, currency needs and the help available during a transaction. This Toronto comparison separates local exchange counters, online platforms and destination-focused services so you can identify a suitable starting point for travel money, remittances or international payments.

How this guide is ordered

Research comes first on this page. For money transfer companies in Toronto, we held on to the most specialised names, those with the strongest client ratings and those whose information is thorough.

Note that a business can pay us for services designed to raise its visibility.

Compare 10 Money Transfer Companies in Toronto

  1. Bahmani Exchange | صرافی بهمنی, Toronto

    Bahmani Exchange | صرافی بهمنی

    5.03,435 reviews

    Bahmani Exchange is a currency exchange service handling money exchange and transfer transactions. It suits individuals and families who value clear communication and support, including people sending funds to relatives abroad. The service is described as smooth and efficient, with assistance available by phone and staff who explain transactions and answer questions.

    Stands out: Phone assistance can make transactions feel personal and easy to understand

    People arranging currency exchange or money transfersFamilies sending funds to relatives abroadCustomers who want phone-based transaction support
    6120B Yonge St, North York, ON M2M 3W7, Canada
  2. Dollar Links Toronto

    Dollar Links Toronto

    5.01,229 reviews

    Dollar Links Toronto is a Mississauga financial institution offering money transfer and currency exchange services. It suits people sending money abroad or needing foreign currency, with local accounts describing fast processing, friendly service and favourable exchange rates. The business is positioned as a practical choice for repeat remittance customers as well as one-off transfers and currency exchange.

    Stands out: Combines money transfer and foreign currency exchange services

    Sending money abroadExchanging foreign currency
    119 Dundas St E, Mississauga, ON L5A 1W7, Canada
  3. Mesghal Exchange | ارز مثقال, Toronto

    Mesghal Exchange | ارز مثقال

    4.91,010 reviews

    Mesghal Exchange is a Toronto foreign-exchange office supporting individuals and businesses with currency exchange, travel money and larger foreign-exchange needs. Its service is built around clear rate conversations, practical payment options and counter support in North York, with debit and EFT options and Canadian compliance expectations for money services businesses.

    Stands out: Clear rate discussions and practical support from a local team

    People and businesses arranging travel money or international currency needs
    6121 Yonge St, North York, ON M2M 3W2, Canada
  4. Prime FX, Toronto

    Prime FX

    4.9639 reviews

    Prime FX is a currency exchange service in Mississauga for people exchanging international money, including travellers preparing for a trip. The business is described as providing quick, friendly and helpful service, with customers noting minimal profit margins and short lineups. Its practical appeal lies in personal assistance, phone responsiveness and a straightforward exchange process.

    Stands out: Staff are described as helpful, accommodating and professional

    Travellers needing an international money exchangePeople who value quick, personable service
    488 Eglinton Ave W Unit#10, Mississauga, ON L5R 0G2, Canada
  5. Sarafi ARG, Toronto

    Sarafi ARG

    4.9636 reviews

    Sarafi ARG provides currency exchange services, with particular evidence of money transfers between Iran and Canada. It suits people seeking a responsive, professional transfer experience, as recurring customer accounts describe clear communication, helpful staff and transfers handled quickly, including one transaction confirmed the next day.

    Stands out: Staff provide updates and support throughout transactions

    People sending money between Canada and Iran
    6089 Yonge St, North York, ON M2M 3W2, Canada
  6. Orbit Money-Currency Exchange & Money Transfer, Toronto

    Orbit Money-Currency Exchange & Money Transfer

    4.9549 reviews

    Orbit Money-Currency Exchange & Money Transfer provides currency exchange and international money transfer services in Toronto. It suits travellers and others needing foreign currency or transfers, with service described as fast, secure and affordable. Customer accounts also point to convenient service and competitive exchange rates for U.S. dollars and euros.

    Stands out: Combines currency exchange with international money transfers

    Travellers buying U.S. dollars or eurosPeople seeking currency exchange or international money transfers
    1973 Yonge St, Toronto, ON M4S 0C1, Canada
  7. RND Traders Inc., Toronto

    RND Traders Inc.

    4.9316 reviews

    RND Traders Inc. is a Brampton money transfer service handling transfers from Canada to India. The process is described as quick, straightforward and transparent, with a fastest option reported to deliver funds within two minutes. Its staff are also described as professional and supportive during transactions.

    Stands out: A fastest transfer option is described as delivering funds within two minutes

    People transferring money from Canada to IndiaSenders who value a straightforward transfer process
    1900 Clark Blvd Unit 7, Brampton, ON L6T 0E9, Canada
  8. Money Trust, Toronto

    Money Trust

    4.9257 reviews

    Money Trust provides currency exchange and transfer services. It suits people looking for a quick, straightforward transaction supported by professional and courteous counter service. The business is also described as offering guidance and answering questions promptly, with cash-out service presented as fast and easy.

    Stands out: Service is repeatedly described as friendly, professional and fast

    People needing currency exchange or transfer servicesCustomers who value quick counter service and practical guidance
    Dynasty Court, 5460 Yonge St Shop 105, North York, ON M2N 6K7, Canada
  9. Remitbee Online Money Transfer & FX, Toronto

    Remitbee Online Money Transfer & FX

    4.62,825 reviews

    Open 24 hours

    Remitbee Online Money Transfer & FX is an online platform for international money transfers and currency exchange across more than 50 countries. It offers live online rates, delivery options for recipients, support for major banks and credit unions, and fee-free transfers when sending $500 or more. Most transfers can arrive instantly or the same day, depending on the country and option.

    Stands out: Supports international transfers to more than 50 countries

    People sending money abroad from CanadaUsers comparing exchange rates and transfer fees onlineBusinesses needing international money-transfer accounts
    2 Robert Speck Pkwy #620, Mississauga, ON L4Z 1H8, Canada
  10. CURRENCY EXCHANGE SHOPPE, Toronto

    CURRENCY EXCHANGE SHOPPE

    4.9604 reviews

    CURRENCY EXCHANGE SHOPPE is a Toronto currency exchange service for people preparing foreign cash before travelling. It handles currencies including Mexican and Thai money, and offers advance ordering and payment. Customers describe quick service, fair pricing and rates they consider competitive, with some orders becoming available earlier than initially estimated.

    Stands out: Advance orders can be arranged before travel, with a usual lead time of about two weeks

    Travellers arranging foreign currency before an international tripPeople who prefer to order and pay for currency in advance
    279 Spadina Ave., Toronto, ON M5T 2E3, Canada

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Transfer and exchange needs covered here

  • Foreign-currency exchangeOrbit Money, Bahmani Exchange, Mesghal Exchange and others document currency exchange for travel or broader foreign-currency needs.
  • International remittancesCompare general transfer services with destination-specific options such as RND Traders for Canada-to-India transfers and Sarafi ARG for Canada-Iran transfers.
  • Online transfers and live ratesRemitbee offers online transfers across more than 50 countries with live online rates and delivery options.
  • Travel cash preparationCURRENCY EXCHANGE SHOPPE supports advance ordering and payment for foreign cash, including Mexican and Thai currencies.
  • Counter and phone assistanceBahmani Exchange and Money Trust document help explaining transactions, while some services offer phone-based support.
  • Transfer timing and conditionsRND Traders describes a fastest option within two minutes; Remitbee’s delivery depends on country and option, and its fee-free condition applies at $500 or more.

Choosing a money transfer company with care

  1. Match the destination firstA company with documented experience in your destination may be a better fit than a general exchange counter.
  2. Compare the full amount receivedCheck the exchange rate, stated fees and delivery method together rather than relying on one headline rate.
  3. Choose online or in-person deliberatelyUse an online service for digital rate comparison and a counter or phone-supported service when transaction explanations matter.
  4. Check timing for your specific optionFastest-case timings are not universal. Confirm the country, payout route and selected transfer option.
  5. Review conditions before sendingRemitbee’s $500 fee-free condition and possible additional verification show why transaction requirements should be checked in advance.

Frequently asked questions

Which option is suited to sending money to India?

RND Traders Inc. is specifically described as handling transfers from Canada to India and offers a fastest option reported to deliver funds within two minutes.

Which service covers many countries online?

Remitbee Online Money Transfer & FX documents international transfers and currency exchange across more than 50 countries.

Can I order travel currency ahead of time?

Yes. CURRENCY EXCHANGE SHOPPE documents advance ordering and payment, with usual advance orders taking about two weeks.

Are transfer speeds guaranteed?

No. The supplied details describe particular options or customer experiences, not a universal guarantee. Confirm timing for your destination and selected method.

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