Telcoin Remittances
Send Money Smarter with Telcoin Remittances
The Telcoin App reimagines remittances for a digital, globally connected world. Send fiat remittances to 21 countries (and growing) across the globe for 2% or less in total fees*.
You Send
CAD
They Receive
PHP
Fee
CAD 0.00
Rate
CAD 1.00 = PHP
Total Cost
CAD 0.00
Recipient Cashout
Methods
Actual rate and amount received by beneficiary may vary from what is shown on the calculator due to timing and other factors.
*Target cost when sending a US$200 or equivalent remittance. Please note that fees are calculated based on real time foreign exchange rates. Actual cost may vary depending on the recipient's country and selected cash-out method.
Send money to 21 countries and counting with the Telcoin App*
Telcoin works with telecom and mobile money providers globally, enabling direct connections to trusted platforms that are already used by millions. The Telcoin App now supports fiat remittance from Canada to 21 countries. Use your bank account to send to the following countries/mobile money platforms (additional corridors coming soon).
*Where available
The average cost of sending $200.00 to mobile wallets via
$2.40
$5.52
$5.82
$7.84
$11.30
Average cost based on competitor website data, excluding promotional rates, on July 9, 2024.
Sending money is as easy as sending a text.
There’s no such thing as a free remittance
Traditional remittance companies often get away with claiming their services are "free" because some don't charge a fee to send money. The trick is, their "fee" actually comes from the foreign exchange rate between the currency being sent and the currency being received. In reality, the World Bank reports that the global average cost of sending a remittance is more than 6 percent.
Even in a competitive remittance corridor, like Canada to the Philippines, sending $200 costs more than 4 percent on average. Our pricing is transparently shown in real-time in the Telcoin App, and sending the same $200 from Canada to the Philippines costs just 1.2 percent.
That's $2.40 in total fees versus $4-$12 or more when using the competition. And every dollar counts when family is involved.
