Corridor guide

Send US Dollar Canadian Dollar

Cross-border North American consulting corridor.

Live cost comparison

Calculator pre-seeded for USDCAD. Try your usual invoice amount.

Showing latest calculation.
The leak story
vs PayPal

CA$86.57 — gone, just like that.

That's enough to pay for…
  • 6 months of GitHub Copilot
  • 9 pints of craft beer
  • 5 months of Spotify
Over a year at this pace

You'll leak CA$1,039 — that's a PlayStation 5 + 3 games.

Every. Single. Year.

Plug the leak — route via Wise Business.
Know a freelancer leaking the same? Send this their way.
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PayPal
4.4% + $0.30 · 2.5% FX markup
Leaky
FeeCA$60.69
FX leakCA$32.73
SkimmedCA$93.42
You keep
CA$1,277
Stripe International
4.3% + $0.30 · 2.0% FX markup
FeeCA$59.32
FX leakCA$26.21
SkimmedCA$85.53
You keep
CA$1,284
Payoneer
3% flat · 1.5% FX markup
FeeCA$41.10
FX leakCA$19.93
SkimmedCA$61.03
You keep
CA$1,309
Winner!
Wise Business
0.5% transparent · 0% FX markup
FeeCA$6.85
FX leakCA$0.00
SkimmedCA$6.85
You keep
Take-home
CA$1,363
Open free Wise Business account →
Airwallex
1% intl · 0.6% FX markup
FeeCA$13.70
FX leakCA$8.14
SkimmedCA$21.84
You keep
CA$1,348
Revolut Business
0.4% · interbank FX (0.4% beyond plan)
FeeCA$5.48
FX leakCA$5.46
SkimmedCA$10.94
You keep
CA$1,359
WorldFirst
0% fee · 0.5% FX markup
FeeCA$0.00
FX leakCA$6.85
SkimmedCA$6.85
You keep
CA$1,363
Mercury
Free wires · ~1% FX spread
FeeCA$0.00
FX leakCA$13.70
SkimmedCA$13.70
You keep
CA$1,356
Bank Wire (SWIFT)
$25 flat · 3% FX spread
FeeCA$34.25
FX leakCA$40.07
SkimmedCA$74.32
You keep
CA$1,296
Deel
3% withdraw · 1.5% FX markup
FeeCA$41.10
FX leakCA$19.93
SkimmedCA$61.03
You keep
CA$1,309
Smart Tip

Stop the leak! Based on your parameters, Wise Business saves you CA$1,039/year compared to PayPal.

Switch the rail and reclaim that margin every cycle.

Per invoice
CA$86.57
Extrapolated yearly
CA$1,039
How we calculated it

Difference between PayPal and Wise Business on the same invoice, split into the two leak sources:

  • Platform fee deltaCA$53.84
  • FX markup leakage deltaCA$32.73
  • Per-invoice savingsCA$86.57
  • × 12 monthsCA$1,039

Winner breakdown

0.00% better than WorldFirst
Calculation breakdown · Wise Business
Gross billed
$1,000
Platform fee %
0.50%
Total platform fee
$5.00
Conversion rate
1.3700
FX markup
0.00%
Effective rate
1.3700
Receiving amount
$995.00
Hidden FX loss
CA$0.00
Total loss
CA$6.85
Final payoutCA$1,363
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