Send Money to Venezuela from Canada
Pay in Canadian dollars with Fonmoney and send money to Venezuela from Canada straight to a bank account in bolívares (VES).
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From Canada to any bank in Venezuela
Whether you live in Toronto, Montreal or Calgary, you can transfer money to Venezuela from Canada online with Fonmoney. You see the CAD to VES rate before you pay.
Payment is by credit or debit card. The money goes directly into the recipient's Venezuelan bank account.
Sending money from Canada to Venezuela in five steps
The whole process runs online, from your phone or computer.
Why people in Canada use Fonmoney for Venezuela
With Fonmoney, money transfers from Canada to Venezuela stay predictable: you know the rate and the final amount before you pay.
- ✓ Every active Venezuelan bank. Banesco, Banco de Venezuela, Mercantil and other active banks.
- ✓ CAD to VES, shown upfront. You see the exchange rate and the amount in bolívares before you pay.
- ✓ Usually in minutes. Some transfers take up to 24 hours, depending on the recipient's bank.
- ✓ No branch visit. Send from anywhere in Canada, at any time of day.
- ✓ Licensed provider. Fonmoney holds payment licences in the European Union and the United Kingdom.
- ✓ Help when you need it. Our support team is there if you have questions.
A safe and licensed service
Fonmoney operates under a payment institution license from the European Union.
Also authorized by the Financial Conduct Authority.
Your data and payments are SSL-encrypted.
Identity confirmed for secure transactions.
Fonmoney vs. a Canadian bank wire
A CAD to VES transfer with Fonmoney compares like this with an international wire from a Canadian bank:
| Feature | Fonmoney | Traditional bank |
|---|---|---|
| Delivery speed | Minutes (up to 24 h in some cases) | 2–5 business days |
| Send currency | Canadian dollars (CAD) | Often converted to USD |
| Exchange rate | Real-time, fully visible | Opaque and delayed |
| Process | 100% online | Branch visit or banking app |
Questions about sending money from Canada to Venezuela
▸ Which payment methods can I use in Canada?
You pay by credit or debit card, in Canadian dollars (CAD).
▸ When does the money arrive in Venezuela?
Most transfers from Canada arrive within minutes. In some cases it takes up to 24 hours, depending on the receiving bank.
▸ Does my recipient get Canadian dollars?
No. You pay in CAD and the recipient gets bolívares (VES) at the exchange rate valid at the time of the transfer.
▸ Which banks in Venezuela can receive the money?
Any active bank in Venezuela, for example Banesco, Banco de Venezuela or Mercantil.
▸ Do I need to verify my identity?
Yes. Before your first transfer you confirm your identity with a valid photo ID. Fonmoney uses Veriff for this check.
▸ Is Fonmoney a licensed provider?
Yes. Fonmoney is a payment service licensed in the EU and authorized by the FCA in the UK. All payments are encrypted.
Feedback from customers in Canada
"I transferred money from Toronto and my cousin got it in a few minutes. Very reliable."
Lucas M.
Canada · ★★★★★
"I see the CAD to VES rate in real time and there are no surprises. I use it regularly."
Sophie L.
Canada · ★★★★☆
"Helpful support and a smooth process every time I send money to Venezuela."
Marc B.
Canada · ★★★★★
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Venezuela — Services & Information
Send money to Venezuela with Fonmoney
Send money to Venezuela with Fonmoney
International transfers in one place