How to Send Money to Greece from Canada?

Planning a visit, supporting family, or managing business transactions—whatever the reason, finding the most efficient and affordable way to send money to Greece is essential. With its breathtaking scenery, rich cultural heritage, and strong personal ties, Greece is a popular destination for many Canadians—not just for travel, but also for long-term living and investment. Whether you're moving from Canada to Greece, purchasing property, or covering everyday expenses abroad, having a secure and cost-effective transfer solution is crucial. Sending money abroad and making international payments requires an understanding of global transactions to save both time and money. In this guide, we’ll explore the best ways to send money to Greece from Canada—helping you maximize value, avoid high currency conversion costs, and ensure your funds arrive quickly and safely.

How to transfer money from Canada to Greece?

The two most common approaches for sending money from Canada to Greece include an online money transfer service or relying on a traditional bank. Below, you'll find a step-by-step procedure for executing a money transfer from Canada to Greece;

Choose your method: An online money transfer service is often the preferred choice for a speedy and hassle-free money transfer. However, using your bank or a pre-paid card may be the better option if you prefer a more traditional method and don't require immediate access to your funds. 

Gather the necessary information: Depending on your chosen method, you’ll need specific details to complete the transaction. Most importantly, you’ll need the recipient’s bank account information to send money. Other required details may include their contact information, the bank’s SWIFT/BIC code, and the purpose of the transfer.

Initiate and track the transfer: Once you've provided all necessary information, initiate the transfer and await its completion. For added peace of mind, you can track the progress of your transfer.

What is the best way to send money to Greece?

When looking to send money to Greece, it’s important to choose a method that balances security, speed, and affordability. Traditional bank transfers are still commonly used, but they often come with high fees, unfavourable exchange rates, and slower delivery times—making them less ideal for international transactions.

Today, the most efficient and cost-effective option is to send money to Greece online through a trusted digital transfer platform. Online money transfer services are designed to offer lower fees, more competitive exchange rates, and faster delivery, helping you get the most value out of every transfer.

In addition to better rates, these platforms often provide 24/7 access, user-friendly interfaces, and real-time tracking so you can manage your transactions anytime, anywhere. Whether you’re sending funds for personal, business, or investment purposes, using an online solution to send money to Greece ensures a smoother and more reliable experience.

What is a reasonable EUR/CAD exchange rate for sending money?

When sending money from Canada to Greece, remember that Greece's official currency is the EURO. Keeping a close eye on the exchange rate is crucial as it directly impacts your recipient's Euros. A favourable EUR/CAD exchange rate means saving money on your international transfers without incurring additional charges. With MTFX's live currency rate calculator, you can stay informed about the exchange rate and estimate the approximate amount your recipient will receive.

MTFX provides a significant advantage with competitive exchange rates often lower than those banks offer. This advantage enables you to maximize the value of your international payments to Greece.

Why do individuals and companies send money to Greece?

From picturesque islands to a growing real estate market, Greece offers plenty of reasons for Canadians to stay financially connected. Whether it's personal ties or professional opportunities, many individuals and businesses regularly send money to Greece for various purposes.

For Individuals:

Canadians are increasingly drawn to Greece for its lifestyle, affordability, and investment potential. Common reasons individuals transfer money include:

1. Purchasing goods, property, or even small businesses in Greece—whether it’s a seaside villa or a family-run café.
2. Investing in Greek markets or real estate for long-term gains.
3. Relocating or retiring to enjoy the Mediterranean lifestyle.
4. Supporting loved ones or managing personal finances abroad.

For Companies:

Greece’s strategic location and evolving economy make it a valuable partner for Canadian businesses. Companies often send funds to:

1. Pay suppliers or service providers based in Greece.
2. Import goods or manage operational expenses tied to local vendors.
3. Expand internationally, including setting up or funding Greek branches.
4. Invest in joint ventures or partnerships within the region.

What bank details are needed to transfer money to Greece from Canada?

When sending money to Greece from Canada, you will need:

• Beneficiary's name
• Beneficiary's account number
• Bank's name
• Bank's Swift code
• Bank's address
• Reason(s) for transfer 

Make sure to provide all the necessary information to ensure a smooth transaction. 

How to make transfers to Greece with MTFX: A step-by-step guide

Looking for a fast, secure, and cost-effective way to send money to Greece? With MTFX, you can easily wire money to Greece from the comfort of your home or office. Our user-friendly online platform simplifies the process, whether you're supporting your family, funding a property purchase, or handling business payments.

Step 1 – Sign up or sign in

Get started by creating a free MTFX account—it only takes a few minutes. If you've already registered, simply log in to your dashboard. From there, you can add funds via bank transfer or bill payment. Our platform is available 24/7, giving you the flexibility to manage your transfers on your schedule.

Step 2 – Set up your transfer

To wire money to Greece, you’ll need the recipient’s details, including:

1. Full name and address
2. Bank account number (or IBAN)
3. Bank’s name, address, and SWIFT/BIC code

Next, enter the amount you wish to transfer, select your sending and receiving currencies—such as CAD to EUR— review the exchange rates, and choose Greece as the destination. You’ll also need to specify the purpose of the transfer, whether it's a personal gift, property purchase, or business-related payment.

Step 3 – Track your transfer

Once your transaction is confirmed, you can easily track its progress through your MTFX dashboard. You'll receive real-time updates as we securely send money to Greece on your behalf. With competitive exchange rates and low fees, you can rest assured you're getting excellent value every time.

Send money to Greece today

Online money transfer platforms like MTFX offer several advantages when sending money to Greece from Canada. The convenience of initiating transfers anytime from anywhere saves you time and effort. With 24/7 availability, you can send payments at your convenience. MTFX's online platform lets you easily track expenses, ensuring timely delivery. Setting up automated payments streamlines your financial obligations. Online platforms prioritize the security of your transactions and personal information. With just a few clicks, MTFX's user-friendly online platform empowers you to send money to Greece efficiently and securely. 

Register with MTFX to get the best rates. Start sending money to Greece at the cheapest and most convenient exchange rates.

FAQs

1. What is the cheapest way to send money to Greece?

The cheapest way to send money to Greece is typically through online money transfer services rather than traditional banks. These platforms offer lower transfer fees and better exchange rates, helping you save more on each transaction.

2. How long does it take to transfer money to Greece?

Transfer times can vary depending on the provider you choose. Transferring money to Greece via an online platform can take anywhere from a few hours to 1–2 business days. Some services even offer same-day delivery options.

3. Can I wire money to Greece from Canada?

You can wire money to Greece from Canada through banks and online money transfer services. However, online platforms are often faster and more cost-effective compared to traditional bank wires.

4. What is the best way to send money to Greece online?

Choose a reputable foreign exchange or money transfer provider to send money to Greece online. Look for platforms with competitive exchange rates, low fees, and secure systems that allow you to track your transactions from start to finish.

5. Is it safe to send money from Canada to Greece online? 

It’s safe to send money from Canada to Greece using trusted and regulated online platforms. Be sure to use a provider with encryption, security protocols, and customer support to ensure your funds reach the recipient securely.

6. How much does it cost to transfer money to Greece?

With MTFX, you can send money abroad for as little as $15 in transfer fees. Plus, transactions over $10,000 incur no additional costs, making MTFX significantly more affordable than banks, which may charge up to $50 for the same service.

7. Can I send money to Greece in euros with MTFX?

Yes, MTFX allows you to send money to Greece directly in euros. This ensures the recipient receives the exact amount in local currency and avoids additional conversion fees on the Greek side.

8. Do I need a Greek bank account to wire money to Greece through MTFX?

No, you don’t need a Greek bank account to wire money to Greece. With MTFX, you simply fund your transfer from your Canadian bank account, and MTFX will handle the rest—delivering the funds directly to the recipient’s bank account in Greece.

9. Are there limits on how much I can send to Greece from Canada with MTFX?

MTFX offers flexible transfer limits to accommodate both personal and business needs. Whether you’re sending a small amount or a large sum, MTFX makes it easy to send money from Canada to Greece securely and efficiently. Higher limits may require identity verification in line with regulatory requirements.