How to send money to Canada from Kenya with the best KES-CAD rate

Always compare ways to send money from Kenya to Canada to get the best options for fees, speed, and reliability.

For KES/CAD

• Key Currency is our top pick for sending KES to CAD. For example, sending 905,500 KES to CAD will cost you KSh0 in fees, and you will receive 9,997.02 CAD. The delivery time is minutes - 3 days, but it depends on the day you make the transfer.

• Cheapest way to send money to Canada from Kenya is with Key Currency. The cost is made up of a fee of 0 KES and an exchange rate for buying Canadian Dollar with Kenyan Shilling that is 0.25% different to the mid-market rate.

• Of the 3 companies compared, Regency FX currently offers the fastest money transfers to Canada from Kenya. Sending KSh905,500 to Canada through Regency FX will be minutes - 24 hours.

Our analysis included 3 providers that operate between Kenya and Canada.

Through this, you get a comprehensive view of all the options you have in Kenya when you need to send money to Canada.

The exchange rate determines how many KES the recipient will get in Canada when you send Kenyan Shilling.

When calculating the costs of money transfers between Kenya and Canada, here's what really matters:

• The Mid-Market Rate: Today, the KES-CAD mid-market rate equals to 0.011 CAD per Kenyan Shilling.

• Fees may also be added on top, and usually vary depending on how much KES you are sending to Canada.

• For the best combination of rates and fees, we suggest using Key Currency.

Today, the average exchange rate between Kenyan Shilling and Canadian Dollar is 0.011.

The KES-CAD rate fluctuates constantly, so timing your transfer to Canada can help you save a lot of money.

Sometimes, waiting a day or two can help you get more CAD for the same amount of KES. You can also opt for a forward contract to lock in rates between Kenya and Canada.

A bank transfer is the most cost effective option for sending money from Kenya to Canada. The company offering the best bank transfer price is Key Currency.

Here are all the ways to send money from Kenya to Canada:

Bank transfers

The default option for sending money from Kenya to Canada is often a bank transfer.

Using a money transfer company such as Key Currency for transfers from Kenya to Canada, allows for sending via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from Kenya to Canada with a prepaid or debit card is easy with .


is a leader in accepting card payments for transfers between Kenya and Canada.

Credit cards

We recommend using a bank transfer or a debit card deposit instead of a credit card, as many companies do not allow direct deposits with a credit card and are usually more expensive and come with cash advance fees!

Always choose providers that are regulated by financial authorities to ensure funds are safe when transferring from Kenya to Canada.

If you don’t know what the key regulatory bodies for money transfers are between Kenya and Canada, please refer to our directory of financial regulators worldwide.

Some services have limits on how much you can transfer from Kenya to Canada. This applies when receiving money in Canada as well.

Different companies will offer different rates or lower fees for different transfer amounts.

For example, we recommend using Key Currency if you need to send large amounts of KES to Canada.

This being said, always check with the recipient and understand any declarations needed on large amounts of money leaving Kenya, or entering Canada.

There are different ways to receive money in Canada. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account.

If you (or the recipient) want a direct transfer to your bank account, Key Currency is the best money transfer company for bank transfers between Kenya and Canada.

And if you need cash right away, check if cash pickup is an option for transfers between Kenya and Canada.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Key Currency.

When you're sending or receiving money between Kenya and Canada, you have to be ready to show some ID.

The exact documents you need might vary. Usually in Kenya this will be a government ID like a passport or driver's license. This will be similar if you need to open an account or collect cash in Canada.

If you're making a big transaction between Kenya and Canada, a provider may ask you for proof of address or may want to know where your money comes from.

Key Currency is a great option for sending from Kenya as the sign up process is pretty straightforward, even for larger transactions.

When sending large amounts of money between Kenya to Canada there will be tax implications to consider.

Some KES-CAD transfers may need to be reported to tax authorities, particularly where inheritance or property sales are involved.

Tax limits and personal allowances differ in Canada based on age, income and a few other elements. When in doubt, please contact a tax professional in Kenya or Canada to discuss your personal circumstances.