Trusted by 3M+ people around the world
GOOGLE PLAY •22K REVIEWS
APP STORE • 12K REVIEWS
Getting CAD to Canada from Germany
Seen from Berlin. Europeans in Canada and Canadians in Europe move money both ways for property, study and family. Most banks in Germany either won't quote CAD or route it through a second currency, adding a spread nobody discloses.
Grey quotes EUR to CAD directly for senders in Berlin and Frankfurt. The CAD lands at RBC, TD, Scotiabank, BMO, CIBC or any Canadian bank as a domestic deposit. Nothing to install on the receiving side.
How sending to Canada works
Sign up
Grey asks for a passport or Aufenthaltstitel and nothing else to open. Add Toronto as a destination straight after. Grey works with regulated partners in the EU.
Fund
Any EUR top-up works: SEPA transfer from any German bank. Regular senders to Toronto usually keep a small balance ready.
Send
Pick Interac e-Transfer for instant delivery, or bank transfer with transit and account number for next business day. Confirm CAD, send.
What the fee doesn't tell you
Grey does one conversion, EUR to CAD, and shows it. What lands at RBC, TD, Scotiabank, BMO, CIBC is what was on screen in Berlin.
The CAD figure doesn't move
Whatever the market does after you tap send in Berlin, the CAD amount arriving at RBC is fixed.
For a bill with a due date in Toronto, this removes the guesswork.
The old way to Toronto, and why it costs more
Ask a bank in Berlin to send Canadian dollars and you'll often be told to send dollars instead. Bank transfers to Canada clear next business day with an 18:00 Eastern cutoff. Interac e-Transfer is instant, any day. For a student whose rent is due tomorrow, that's the difference.
What lands at RBC
CAD into any bank account in Canada. RBC and RBC, TD, Scotiabank, BMO, CIBC are all supported, and the credit looks domestic. The sender in Berlin sees the same settlement confirmation in the app.
Bank delivery
CAD to RBC and any other bank in Canada.
Repeat recipients
Store a recipient once. Every future payment is three taps.
GreyTag
Both on Grey? GreyTag delivers instantly with no fee.
Getting money onto Grey in Germany
Before the CAD reaches Toronto, the money has to get onto Grey in Berlin. German senders fund by SEPA from Deutsche Bank, Commerzbank, Sparkasse or N26. The euro balance sits on Grey until a payment is due. Convert to CAD when the payment to Toronto is due.
Local rail
Fund by SEPA transfer from any German bank.
Business income
Revenue in euros or dollars funds the next payment to Toronto.
Existing balance
Already funded? Convert to CAD and send in the same session.
Sending to RBC for the first time? Check the account details twice. After that, Grey remembers them.
The people behind Germany to Canada transfers
New permanent residents
Support for family who have landed through Express Entry or PNP and are waiting on a first job.
Tuition instalments
Term payments sent to a student's account for onward payment to the institution.
Urgent transfers
Interac e-Transfer lands instantly when something cannot wait a business day.
Parents of students
Rent and living costs for students at U of T, York, Calgary, Alberta, Manitoba and colleges across Ontario.
A mixed corridor for senders in Berlin and Frankfurt. Europeans in Canada and Canadians in Europe move money both ways for property, study and family. Amounts range from a monthly allowance to a full supplier invoice.
Why send to Canada with Grey
Get digital banking
at your fingertips
