Home » Fintech » Zelle DOES NOT Work in Canada, but these money transfer apps do! [2022]

Zelle DOES NOT Work in Canada, but these money transfer apps do! [2022]

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Is Zelle available in Canada?

Unfortunately, Zelle is not available in Canada.

Participating customers must have US based bank accounts and phone numbers.


Zelle Alternatives for Canadians


1. Wealthsimple Cash App

Canada to Canada money transfer
Current Promo: $10 Bonus Cash

If you’re based in Canada and looking to send money to a fellow Canadian, the Wealthsimple Cash App is probably the best option in terms of cost, security, and transfer speed.

The app allows you to send money to your friends and family in a matter of seconds, for free.

If you’re a new Wealthsimple Cash user, you can instantly fund your account with up to $500 per deposit using your Visa Debit card.

Moreover, all of your information is encrypted using state of the art technology along with additional features such as two-factor authentication.

If you’re an existing Wealthsimple Trade user, then you’ll notice that the Wealthsimple Cash app has a very familiar experience.

Get Your FREE $10 From Wealthsimple

2. Wise

(Formerly TransferWise)
Canada to US + International or International + US to Canada
Exclusive Offer: Free Transfer Up To $800 CAD

If you are interested in sending money internationally to or from Canada, we recommend using Wise.

Wise also works in the same simple manner if you’re looking to send funds from the US to someone in Canada.

They are one of the most well-known international money transfer platforms, and have a track record of charging low fees and processing international transfers quickly.

Claim Your Free Transfer From Wise

When will Zelle be coming to Canada?

Zelle probably won’t be coming to Canada anytime soon because Canadians have the eTrasnfer service which was created by Interac, which is a cooperative with major Canadian financial institutions.

Canadian fintech company Wealthsimple has also recently launched their own money transfer platform for Canadians, so it’s going to be challenging for a competitor like Zelle to gain a footing in the Canadian market.

Combined with Canadian banking laws and a smaller market size, entering the Canadian market may not be very appealing for Zelle.


What Is Zelle?

Zelle is a US payment services company that was initially launched in 2011 by JPMorgan, Bank of America, and Wells Fargo, under the name “clearXchange.”

The company was looking to take advantage of growth in the digital payment space as customers were beginning to shift away from traditional payment methods such as cash and cheques.

ClearXchange facilitated three types of transactions: person-to-person (P2P), government-to-consumer (G2C), and business-to-consumer (B2C), allowing customers to easily send money to other users who had a bank account with one of the institutional partners.

In 2016, Early Warning Services, a fraud management company owned by several banks, acquired clearXchange and rebranded it as Zelle in 2017.


Why do people LOVE Zelle?

Zelle has an extensive network of financial institutions across the US and is backed by some of the largest banks in America such as Capital One, Wells Fargo, and US Bank.

This is beneficial because it makes the app more credible and reliable.

In addition, the diverse network of partners allows users more flexibility when it comes to sending money to friends and family across the country.

Additionally, Zelle transfers money nearly instantly, and it is one of the only payment transfer options (along with Venmo) that does not charge a transaction fee.




  • Can I send money to Canada with Zelle?

  • You cannot send money to Canada with Zelle as Canadian residents are not eligible to sign up for Zelle accounts.
  • How do you get Zelle in Canada?

  • You cannot get Zelle in Canada as they require you to have a US based bank account.
  • Does TD Canada have Zelle?

  • No, TD Canada does not have Zelle, no Canadian banks have Zelle. A list of supporting banks is here.
  • How can I send money to Canada for free from USA?

  • There is no free way to send money from Canada to USA, however Wise has some of the lowest rates in the industry for money transfer.



Shawn Gant

Shawn is a passionate techie particularly interested in the fintech space. He loves to dig into the ever evolving number of apps and SaaS platforms available to Canadians. In his free time, catch him on the mountains shredding some powder.