Send money from Canada to Slovakia
Slovakia is in the eurozone, so money leaving Canada through Grey converts into euro once and arrives as euro. Slovenska Sporitelna, VUB Banka and Tatra Banka all receive it through SEPA. The euro amount and the fee are shown before you confirm, and the rate holds from that moment.
CAD
EUR
-
Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
A small Ontario community with steady obligations
Slovaks in Canada are not numerous, but the community is real and it is concentrated: Toronto and the towns around it, with smaller clusters in Ottawa and across southern Ontario. A good part of it is recent working migration, nurses, tradespeople, drivers and IT staff who came in the last two decades and still have a household in Bratislava, Kosice or Zilina counting on them.
Because Slovakia adopted the euro, the money side is unusually clean. Your Grey balance converts to euro once and the euro lands in the recipient's account at Slovenska Sporitelna, VUB Banka, Tatra Banka or any other Slovak bank. There is no second conversion at the far end and no local currency to work around.
The payments themselves are ordinary and regular: a parent's costs, a mortgage still running on a flat back home, a student in Bratislava, a contribution towards a house being finished in the village.
Three steps to a Slovak IBAN
Open an account
Free and quick, with one valid identity document. It takes about five minutes and costs nothing to keep.
Hold a euro balance
Grey holds US dollars, provided by Lead Bank, pounds or euro. Euro is the sensible one here because euro is what leaves.
Enter the Slovak IBAN
Type the IBAN, check the euro figure and the fee, confirm. Your relative in Slovakia needs no Grey account.
The cost of sending euro to Slovakia
On a monthly payment to the same Slovak account it is the rate that decides the year's total, not the fee. A fee is a known quantity you look at once. A rate applied twelve times without being examined is not.
Compared with a wire from a Canadian bank, the other saving is administrative. A SEPA credit arrives as an ordinary European payment, so nobody at Slovenska Sporitelna has to ask your relative what the incoming international transfer is for.
How the fixed rate works
While you are setting up a transfer, Grey shows a live rate. Confirming fixes it, so the euro total you were quoted is the euro total that arrives in Slovakia, whatever the market does in the minutes afterwards.
For a standing monthly obligation that predictability is the practical benefit. You can tell the person at the other end the exact figure before it leaves Canada.
Grey set against a Canadian bank wire
A wire to Slovakia from one of the big Canadian banks means a sending charge, a bank-set conversion and a correspondent leg you have no sight of, and the pricing of those wires is something Canadians grumble about with cause. Grey converts once into euro, shows the rate and fee together before confirmation, sends through SEPA, and keeps the payment trackable from start to finish. The recipient's bank treats it as a normal European credit rather than an inbound wire.
What lands in the Slovak account
Euro, credited to their account as a standard SEPA payment. Your recipient needs no Grey account, no app and no trip to a branch.
IBAN and nothing else
Enter the Slovak IBAN. Slovenska Sporitelna, VUB Banka and Tatra Banka are supported along with other Slovak banks.
SEPA and SEPA Instant
Transfers from a funded Grey balance typically arrive within minutes, and SEPA Instant settles in seconds where it applies.
Free between Grey users
If the person in Slovakia also uses Grey, GreyTag is instant and costs nothing.
Getting Canadian money onto Grey
The question every Canadian asks first is whether Interac e-Transfer works. It does not leave the country, so it cannot fund a Grey balance. What funds it is a client paying you, an employer paying you, or you moving money you already hold.
Client payments
Freelance and contract work billed in euro or US dollars can be paid straight onto Grey.
Employer payments
Pay from an employer outside Canada can arrive on the balance in the currency it is issued in.
Your own transfer
Move funds onto Grey from elsewhere and let them sit until the Slovak payment date.
From there the transfer is a saved IBAN and a confirmation tap.
What the money is for
Parents and grandparents
A monthly contribution towards costs a Slovak pension does not fully cover.
A mortgage left behind
Flats in Bratislava and Kosice with a loan still running, paid from an Ontario salary.
Students
Rent and living costs for a son, daughter or younger sibling studying in Slovakia.
Building and renovation
Instalments to a builder finishing a family house, where the invoice is in euro and the amount is exact.
The Canada to Slovakia route is dominated by regular obligations rather than one-off payments.
Five reasons this works from Ontario
FAQs
Does money sent to Slovakia arrive in euro?
Yes. Slovakia is in the eurozone, so your balance converts to euro once and the euro is credited without converting again.
Which Slovak banks can Grey pay?
Slovenska Sporitelna, VUB Banka and Tatra Banka are supported, along with other Slovak banks that receive SEPA credits into an IBAN.
What do I need to send money to Slovakia?
The recipient's Slovak IBAN and name. They need no Grey account and no app to receive the euro credit.
How fast does a transfer from Canada to Slovakia arrive?
Transfers from a funded Grey balance typically arrive within minutes, and SEPA Instant settles in seconds where the Slovak bank supports it.
Can I pay a mortgage in Bratislava from Ontario every month?
Yes. Save the Slovak IBAN once and repeat the euro payment monthly, with the rate fixed at each confirmation.
Can Interac e-Transfer fund my Grey balance for Slovakia?
No. Interac is domestic only. Your balance is funded by a client payment, an employer payment or a transfer you make.
Does my family in Slovakia pay anything to receive the euro?
The credit arrives at Slovenska Sporitelna, VUB Banka or Tatra Banka as a normal SEPA payment. Grey shows your fee before you confirm.
Which balance should I hold for Slovak transfers?
Euro is the natural fit. Grey also holds pounds and US dollars provided by Lead Bank if your income arrives that way.
Is the euro figure fixed before the money leaves Canada?
Yes. Grey fixes the rate at confirmation, so the euro total shown is the total credited to the Slovak account.
Can I send euro to Slovakia for a builder's invoice?
Yes. Enter the exact euro amount against the invoice, confirm, and the fixed rate keeps the figure from shifting in transit.
Can I track a transfer to Slovakia?
Yes. Transfers are encrypted and visible in the app from the moment you confirm until the euro settles in Slovakia.
Get digital banking
at your fingertips
