Remittance from Canada 

Nowadays, sending money from developed countries such as United States, Canada, Europe, etc. has been one of the top choices to support family finance. According to a report by Finder, Canada sent a total of $7,183 million in remittances in 2021, higher than the $6,785 million in 2020 but lower than the $8,763 million in 2019.  

In 2017, $2.8 billion (55% of remittance flows from Canada) went to lower-middle-income countries followed by upper-middle-income countries at $1.1 billion (21% of total remittance flows from Canada) and high-income countries at $761 million. 

It’s such a great number to notice and also multiple money transfer options for customers. Sending money from Canada has never been easier, thanks to the wide range of options available to meet your specific needs. Whether you need to send funds to loved ones abroad, support international business transactions, or make payments overseas, there are various services and methods designed to streamline the process and ensure your money reaches its destination securely and efficiently. 

Let’s go through our guide on how to send money from Canada in detail. 

How to Send Money from Canada 

Traditional Banks and Wire Transfers 

One of the most familiar and trusted methods to send money internationally is through traditional banks. Canadian banks provide wire transfer services that enable you to send funds securely to recipients worldwide. To initiate a wire transfer, you'll need the recipient's bank account details, such as their account number, bank name, and SWIFT/BIC code. While this method is reliable, it can be expensive due to fees and unfavorable exchange rates. 

Read more: What Is the SWIFT Banking System? (investopedia.com) 

Quick Send Money from Canada through Online Money Transfer Services 

With the advent of technology, online money transfer services have emerged as a popular and cost-effective option for sending money from Canada. Companies such as EzyRemit offer efficient and user-friendly platforms to transfer funds globally. EzyRemit often provides competitive exchange rates and charges lower fees compared to traditional banks. You can conveniently set up an account, link your Canadian bank account or credit card, and initiate transfers online or through mobile apps. 

 

Peer-to-Peer (P2P) Transfers 

Peer-to-peer transfer platforms have gained significant traction in recent years, providing a seamless way to send money internationally. P2P services like Venmo, Zelle, and Paytm allow you to send money directly to the recipient's mobile number or email address, bypassing the need for bank account details. These platforms are particularly useful for transferring smaller amounts quickly, making them an excellent choice for personal transactions. 

Send Money from Canada through Digital Wallets 

Digital wallets have revolutionized the way we manage and transfer money. Platforms like Google Pay, Apple Pay, and Samsung Pay provide convenient and secure options to send funds domestically and internationally. By linking your Canadian bank account or credit card to a digital wallet, you can easily send money to recipients who also have digital wallets. This method is often instant, user-friendly, and may offer additional benefits such as loyalty rewards. 

Things to Notice when Send Money from Canada 

When sending money from Canada, there are several important factors to consider to ensure a smooth and secure transaction. With such an enormous amount of money being moved across borders, what is the cost of sending money overseas? The fees that most providers charge include exchange rate margins as well as a transfer fee. 

Some of the most important criteria are: exchange rate, fee and charges, transfer speed, security and reliability, limit and restriction. Here are some key points to keep in mind: 

Exchange Rates 

Pay attention to the exchange rates offered by different service providers or banks. Exchange rates can vary significantly, and a small difference can impact the amount received by the recipient. Look for services that offer competitive rates to maximize the value of your money. 

Read more: A Complete Guide to How Currency Exchange Rate Works | EzyRemit 

send money from Canada - check exchange rate

Fees and Charges  

Understand the fees associated with the transfer. Banks and service providers often charge fees for international transfers, which can vary depending on the method chosen. Compare the fees across different options to minimize costs and ensure transparency. 

Security and Reliability 

Prioritize secure and reliable service providers. Look for reputable companies with strong security measures in place to protect your personal and financial information. Check for encryption protocols and certifications to ensure your funds are transferred safely. 

Read more: Protecting Yourself from International Money Transfer Scams and Fraud (ezyremit.com)

avoid scam while send money from Canada

Limits and Restrictions for Sending Money from Canada

Be aware of any limits or restrictions imposed on the transfer amount. Some services may have maximum or minimum limits on the funds you can send, so verify that your transfer amount falls within the allowed range. 

Tracking and Confirmation 

Choose a method that offers tracking capabilities or confirmation notifications. Being able to track the progress of your transfer provides peace of mind and allows you to inform the recipient accordingly. 

Legal and Regulatory Compliance 

Ensure that the chosen service provider complies with all relevant laws and regulations. This helps to safeguard against fraud, money laundering, and other illegal activities. Look for regulated and licensed entities to ensure compliance. 

send money from Canada - legal and safe

Conclusion 

In conclusion, sending money from Canada requires careful consideration of various factors to ensure a successful and hassle-free transaction. By paying attention to exchange rates, fees, transfer speed, security, etc. you can make an informed decision and choose the most suitable method for your needs. 

For a reliable and convenient option, consider EzyRemit's service. With EzyRemit, you can benefit from competitive exchange rates, transparent fees, and fast transfer speeds. Our secure platform ensures the safety of your personal and financial information, while responsive customer support is available to assist you throughout the process. By considering these factors and opting for a trusted service like EzyRemit, you can confidently send money from Canada, knowing that your transfer will be handled efficiently and securely. 

Medical travel, also known as medical tourism, has become a popular option for individuals seeking quality healthcare services at affordable prices. With globalization and advancements in healthcare, patients now have access to a wide range of medical treatments and procedures across the globe.  

According to a report by Jersey Island Holidays (2023), every year around 1.4 million Americans will travel abroad for medical care. Americans can typically save around 40-50% depending on the procedure. The average cost for every medical visitor per visit they take is $3,800-$6,000. People typically spend $3000-$10,000 for medical services. The number of medical tourists around the world is expected to increase by 25% every year. 

Statista reported that medical travel was valued at 54.4 billion U.S. dollars in 2020 and was forecast to reach a market size of over 200 billion U.S. dollars by 2027. 

 

In this article, we will explore some of the top destinations for medical travel and provide a cost analysis for common medical procedures. The information presented here is based on various industry reports and studies, ensuring reliable and up-to-date insights. 

Why People Choose Medical Travel 

Medical Procedures Unavailable Locally: Some individuals may require medical procedures or treatments that are not available or easily accessible in their home countries. They may choose to travel abroad to seek specialized care or innovative treatments that can improve their health outcomes. 

Medical Travel is Cost Savings 

One of the primary reasons people opt for medical travel is the potential for cost savings. In many countries, medical treatments can be expensive, especially for complex procedures or elective surgeries. By traveling to destinations where medical costs are more affordable, individuals can undergo the necessary treatments at a fraction of the price they would pay in their home country. 

Medical Travel Provides High-Quality of Care 

Accessing high-quality healthcare is a priority for many individuals. Some medical travelers choose to visit countries known for their renowned medical institutions and highly skilled healthcare professionals. These destinations may offer advanced technologies, cutting-edge treatments, and specialized expertise in certain medical fields. 

Reduced Waiting Times 

Long waiting times for medical procedures can be a significant concern in countries with publicly funded healthcare systems. Medical travelers often seek destinations where waiting times are shorter, allowing them to receive the necessary treatments or surgeries more quickly. Reduced waiting times can contribute to faster recovery and improved overall well-being. 

Travel Experiences 

Combining healthcare with travel offers a unique opportunity for patients to explore new cultures, enjoy tourist attractions, and create memorable experiences. Medical travel destinations often boast scenic landscapes, historical sites, and vibrant cities, allowing patients to turn their healthcare journey into a transformative adventure. 

Common Purposes for Medical Travel Journey 

Cosmetic and Plastic Surgery 

Cosmetic and plastic surgery procedures, such as breast augmentation, facelifts, or liposuction, are popular reasons for medical travel. Some individuals choose to undergo these procedures abroad to access highly skilled surgeons, state-of-the-art facilities, and competitive prices. 

Dental Procedures 

Dental treatments, including dental implants, crowns, or veneers, are commonly sought through medical travel. Dental services abroad can offer cost savings without compromising on quality, attracting individuals who require extensive dental work or complex procedures. 

 

Wellness and Rehabilitation 

Medical travel is not limited to surgical procedures. Some individuals travel to wellness retreats or specialized centers for rehabilitation and recovery purposes. These destinations may provide comprehensive programs for physical therapy, mental health, alternative medicine, or lifestyle modifications to support overall well-being. 

Fertility Treatments 

Fertility treatments, such as in vitro fertilization (IVF), are another popular reason for medical travel. Individuals struggling with infertility may choose to travel to countries known for their expertise in reproductive medicine or to access more affordable options for assisted reproductive technologies. 

Fertility Treatments - medical travel

Top Destinations and Cost Analysis of Common Medical Procedures 

Medical travel is a global phenomenon, and several countries have emerged as popular destinations for individuals seeking healthcare services. While the choice of a medical travel destination depends on individual preferences, medical needs, and budget, here are some countries that are commonly chosen for medical travel: 

 

THAILAND 

VIETNAM 

MALAYSIA 

SINGAPORE 

SOUTH KOREA 

Main purposes 

Cosmetic surgeries, dental procedures, and fertility treatments 

Dental Procedures, Fertility Treatments, Traditional Medicine and Alternative Therapies 

Cardiology, oncology, fertility treatments, and cosmetic surgeries 

Specialized surgeries, oncology, and advanced diagnostics 

Advanced techniques, skilled surgeons, and state-of-the-art clinics 

Top hospitals 

Bangkok Hospital, Bumrungrad International Hospital 

Vinmec International Hospital, IVF Vietnam Clinic, Hanh Phuc International Hospital, Tam Anh Hospital 

Gleneagles Hospital and Prince Court Medical Centre 

Mount Elizabeth Hospital and Singapore General Hospital 

Seoul  

Pricing 

(Depends on which kind of surgery) 

A breast augmentation surgery can range from $3,000 to $5,000, while a dental implant may cost approximately $800 to $1,500 

A cycle of fertility treatments can range from $4,000 to $6,000, while a dental implant may cost approximately $800 to $1,500 

A heart bypass surgery may range from $10,000 to $15,000, while a dental crown may cost around $200 to $400 

A heart bypass surgery may range from $25,000 to $50,000, while a knee replacement surgery may cost around $15,000 to $30,000. 

A rhinoplasty (nose job) from $3,000 to $8,000, while a double eyelid surgery may cost around $2,000 to $5,000. 

*Please note that these are approximate costs, and prices may vary depending on the specific procedure, location, and individual circumstances. It is recommended to discuss treatment plans and costs with healthcare providers directly to get a personalized quote based on individual needs. 

Read more: Why You Need Travel Insurance for Vietnam (and How to Get It) (ezyremit.com)

Conclusion 

Medical travel provides a gateway to accessible, cost-effective, and high-quality healthcare options around the world. From reducing expenses to experiencing world-class treatments and enjoying unique travel opportunities, the benefits of medical travel are significant. By researching reputable healthcare providers, understanding the costs involved, and considering individual needs, individuals can embark on a transformative healthcare journey that combines wellness with global exploration. 

Vietnam has gained recognition as a growing medical travel destination in recent years. The country has made significant advancements in its healthcare infrastructure and services, attracting international patients seeking medical treatments. Remember to consult with healthcare professionals, leverage reliable resources, and partner with trusted medical travel agencies to ensure a smooth and successful medical travel experience. 

Don't let threats of robbery ruin your trip. Make EzyTravel your trusted companion while exploring Vietnam. EzyTravel is a digital wallet designed specifically for travelers in Vietnam, ensuring convenience and security for all your digital payment needs. With EzyTravel, you can seamlessly navigate through your travel experience, making transactions hassle-free. Enjoy the peace of mind and the perks of having a reliable travel buddy by your side as you explore the wonders of Vietnam. 

 

If you are looking for a new job or a career change, you might be overwhelmed by the amount of information and options available online. How do you know which job boards to use, which companies to apply to, which skills to highlight, and how to ace the interviews? Luckily, there are some chat AI tools that can help you with your job search and make it easier and more efficient. 

Why Chat AI Tool? 

Chat AI tools are software applications that use natural language processing and machine learning to interact with users through text or voice. They can provide personalized guidance, feedback, and support for various tasks and goals. Some chat AI tools are designed specifically for job seekers, and they can offer the following benefits: 

- They can help you discover your strengths and interests and match you with suitable jobs and careers based on your profile and preferences. 

- They can help you create or improve your resume and cover letter, and tailor them to specific job openings and employers. 

- They can help you prepare for interviews by providing you with common questions, tips, and mock scenarios. They can also give you feedback on your performance and areas of improvement. 

- They can help you negotiate your salary and benefits and provide you with market data and best practices. 

- They can help you stay motivated and organized throughout your job search and remind you of important deadlines and tasks. 

 

Chat AI Tools Recommendations   

Some examples of chat AI tools for job seekers are: 

- JobPal: A chatbot that helps you find and apply for jobs at leading companies like Lufthansa, Airbus, Zalando, and more. You can chat with JobPal on Facebook Messenger or WhatsApp, and it will ask you some questions about your background, skills, and preferences. Then it will show you relevant job openings and help you submit your application in minutes. 

Chat AI JobPal

- Mya: A conversational AI platform that helps you connect with recruiters and hiring managers. You can chat with Mya on SMS, WhatsApp, or web chat, and it will provide you with information about the company and the role, schedule interviews, answer FAQs, and give you feedback. Mya can also help you find new opportunities based on your profile and goals. 

See more: Mya Recruit - YouTube

- Wade & Wendy: A pair of chatbots that act as your personal career advisors. You can chat with Wade on Facebook Messenger or Slack, and he will help you discover your strengths and passions, explore career paths, and find relevant jobs. You can chat with Wendy on SMS or web chat, and she will help you create or improve your resume and cover letter, prepare for interviews, and negotiate your salary. 

chat AI tool

Conclusion 

These are just some of the chat AI tools that can help you with your job search. There are many more out there, and they are constantly evolving and improving. If you want to take advantage of these tools, here are some tips to keep in mind: 

- Be honest and specific when chatting with them. The more information you provide, the better they can assist you. 

- Be open-minded and curious. Try out different tools and see what works best for you. 

- Be respectful and polite. Remember that these tools are not human, but they are trying their best to help you. 

Chat AI tools can be a great resource for job seekers who want to save time, improve their skills, and land their dream job. However, they are not a substitute for human interaction and judgment. You still need to do your own research, network with people, and follow up with employers. Chat AI tools are here to support you, not replace you. 

 

Read more: Take Control Over Artificial Intelligence's Dominance in Job Market (ezyremit.com)

Scam and Fraud of International Money Transfer 

As technology advances, international money transfer has become a convenient and efficient way to send and receive funds. However, the rise in online transactions has also given rise to fraudsters and scammers who exploit unsuspecting individuals. To ensure the security of your finances, it is crucial to understand the risks and take necessary precautions. In this article, we will provide you with valuable insights and practical tips on how to protect yourself from fraud and scams when transferring money online. 

 Read more: Financial Health - The Key to Open Your Dream Life (ezyremit.com)

Tips to Avoid International Money Transfer Scams and Fraud 

Choose Reputable Payment Platforms 

When it comes to online international money transfers, selecting a reputable payment platform is paramount. Otp for well-established and trusted providers with a proven track record of secure transactions. Popular options include PayPal, EzyRemit, Venmo, and established banking institutions that offer reliable international money transfer services. 

secure international money transfer

Verify the Recipient 

Before initiating any money transfer, double-check the recipient's details to ensure accuracy. Verify the recipient's identity and contact information, such as email address or phone number, to avoid sending funds to the wrong person or falling victim to phishing scams. 

And remember do not wire money to strangers. Wiring money is like sending cash; once you send it, you can't get it back. Scammers may ask you to wire money for various reasons, such as paying taxes, fees, or fines; claiming a prize or inheritance; helping a friend or relative in trouble; or buying something online. Always confirm the receiver's identity and legitimacy with a phone call before making any transaction online. If you sent money by wire transfer and realized it was a scam, contact the wire transfer company immediately and ask them to reverse the transaction if possible. 

international money transfer scams

Be Cautious of Suspicious Emails and Messages 

Fraudsters often employ phishing techniques to trick unsuspecting individuals into revealing personal information. Be wary of unsolicited emails, text messages, or social media messages that request sensitive data or prompt you to click on suspicious links. Legitimate financial institutions and payment platforms will never ask you to provide confidential information via email or text. 

Phishing is when someone sends you an email, text message, or phone call pretending to be someone else, such as a bank, a government agency, or a charity. They may ask you to click on a link, open an attachment, or provide your personal or financial information. Do not respond to these messages or follow their instructions. Instead, verify the sender's identity by contacting them directly using a trusted source. 

Find ways to check here: How to Identify an email message is a phishing message in Outlook - Office 365 - YouTube 

Avoid International Money Transfer Scams - Shop from Encrypted Sites Only 

When shopping online, look for a padlock icon or "https" in the address bar of the website. This means that the website is encrypted and protects your data from being intercepted by hackers. Avoid entering your credit card or bank account information on unencrypted websites. Protecting your online accounts is vital for preventing unauthorized access. Use strong, unique passwords and enable two-factor authentication (2FA) whenever possible.  

Avoid International Money Transfer Scams - Utilize Secure Wi-Fi Networks 

When conducting online transactions, ensure that you use secure Wi-Fi networks. Avoid using public Wi-Fi networks, as they can be vulnerable to hackers and eavesdroppers. Instead, use password-protected networks or consider utilizing a virtual private network (VPN) to encrypt your internet connection. 

Setting strong passwords can be a useful tip, too. Use a different password for each of your online accounts, and make them long, complex, and hard to guess. You can use a password manager to create and store your passwords securely. Avoid using common or easy-to-guess passwords, such as your name, birthday, or "123456". 

 

Exercise Caution with Personal Information 

Exercise caution when sharing personal information online, especially on social media platforms. Fraudsters can exploit personal details to impersonate you or attempt to gain unauthorized access to your accounts. Be mindful of the information you post and adjust your privacy settings to restrict access to your personal data. 

Meanwhile, you can turn on two-factor authentication. Two-factor authentication (2FA) is an extra layer of security that requires you to enter a code or use a device in addition to your password when logging into your online accounts. This can prevent unauthorized access to your accounts even if someone knows your password. 

Regularly Monitor Your Accounts 

Stay vigilant by monitoring your financial accounts regularly. Regularly review your bank statements, credit card bills, and online transaction histories to identify any suspicious activity promptly. If you notice any unauthorized transactions or irregularities, report them to your financial institution immediately. 

Educate Yourself on Common Scams 

Stay informed about the latest scams and fraud techniques to better protect yourself. Research and educate yourself on common online scams, such as phishing, identity theft, or advance fee fraud. Knowledge is your best defense against these threats. 

Last but not least, the highest recommendation is to keep your devices and software updated. Make sure you have the latest security software and operating systems on your computers, smartphones, and other devices. This can help prevent hackers from accessing your data or installing malware on your devices. 

 

Conclusion 

While online money transfers offer convenience and efficiency, it is crucial to prioritize the security of your finances. By following the tips outlined in this article, such as choosing reputable payment platforms, verifying recipients, and securing your online accounts, you can significantly reduce the risk of falling victim to fraud and scams. Stay vigilant, exercise caution, and empower yourself with the knowledge to protect yourself and your hard-earned money when transferring funds online. The EzyRemit Remittance Service is an excellent example of a highly reputable remittance service you should consider. 

EzyRemit is a money transfer service that is committed to providing legal and safe money transfers from Canada to Vietnam. EzyRemit has been granted a license from the Financial Transaction and Reports Analysis Centre of Canada (FinTRAC) of the Canadian government.  

In order to achieve this, EzyRemit must ensure the integrity and legitimacy of each Canadian remittance transaction1. EzyRemit guarantees that your money is always kept safe in EzyRemit accounts under AUSTRAC supervision. Therefore, it would not be affected if we were to become insolvent. You can visit our website at https://ezyremit.com/ for more information. 

 

Artificial intelligence (AI) has been a buzzword in the tech industry for years, and it's now starting to impact the job market. From automated job matching to predictive analytics, AI is changing the way people find jobs. A report conducted by Verified Market Research (2022); the market size value of artificial intelligence is 51.08 billion dollars. In this article, we'll explore how AI is changing the job-finding game and what job seekers can do to stay ahead of the curve. 

What is Artificial Intelligence? 

Artificial intelligence is a branch of computer science that deals with the development of intelligent machines. AI systems can learn, reason, and perceive their environment, much like humans do. These systems can perform tasks that usually require human intelligence, such as speech recognition, decision-making, and language translation. 

According to Investopedia (2022),  

“Artificial intelligence is based on the principle that human intelligence can be defined in a way that a machine can easily mimic it and execute tasks, from the simplest to those that are even more complex. The goals of artificial intelligence include mimicking human cognitive activity.” 

is artificial intelligence replacing human beings employee?

How Artificial Intelligence is Changing the Job Market? 

Artificial intelligence is transforming the job market in several ways. Here are some of the ways AI is changing the job-finding game: 

Automated Job Matching 

AI algorithms can analyze job seekers' resumes and match them to the most relevant job openings. This technology can save recruiters time and increase the chances of finding the right candidate for the job. It can also help job seekers find jobs that match their skills and experience more easily. 

Artificial Intelligence - Ideal Predictive Analytics 

AI algorithms can analyze vast amounts of data to predict which jobs will be in demand in the future. This technology can help job seekers choose careers that have the most growth potential and are more likely to provide job security. 

artificial intelligence is an ideal data analysis

Chatbots and Virtual Assistants 

The latest statistics show that by 2021, as many as 15 percent of customer service interactions worldwide will be fully powered by AI (Gartner, 2019).  AI-powered chatbots and virtual assistants can help job seekers with their job search by answering questions, providing feedback, and scheduling interviews. These tools can save job seekers time and make the job search process more efficient. 

Resume Optimization 

AI algorithms can analyze job seekers' resumes and provide feedback on how to optimize them for specific job openings. This technology can help job seekers tailor their resumes to match the requirements of the job, increasing their chances of getting hired. 

How Job Seekers Can Stay Ahead of the Curve? 

According to the most recent artificial intelligence facts and data, 44 percent of companies that use AI indicate a decrease in business costs in areas where AI is used (McKinsey, 2019). When combined with revenue growth by many of these firms, the cost benefits of AI are obvious. 

The aforementioned artificial intelligence statistics demonstrate that the importance of AI in business cannot be overstated. Here are some tips that job seekers should keep in mind to stay ahead of the curve: 

Use Keywords in Your Resume 

Since artificial intelligence algorithms analyze resumes for job matching, it's essential to use relevant keywords in your resume. Use keywords that match the job description and the skills required for the job. 

Develop In-Demand Skills 

AI is changing the job market, and certain skills are becoming more in demand. Job seekers should focus on developing skills that are in high demand, such as data analysis, machine learning, and cybersecurity. 

Network with Industry Professionals 

Networking with industry professionals can help job seekers stay up-to-date with the latest trends and developments in their field. Attend conferences, join professional organizations, and connect with industry leaders on LinkedIn.

 

Stay Flexible in Comparing with Artificial Intelligence

The job market is constantly changing, and job seekers need to be flexible and adaptable. Be willing to learn new skills, take on new challenges, and embrace new technologies. 

Read more: 6 Soft Skills to Learn that Will Help Land Your Dream Career | EzyRemit

Conclusion 

Artificial intelligence is changing the job-finding game, and job seekers need to adapt to stay ahead of the curve. By using relevant keywords in their resumes, developing in-demand skills, networking with industry professionals, and staying flexible, job seekers can increase their chances of finding the right job. As AI continues to transform the job market, it's essential to keep up with the latest trends and developments to stay competitive in the job market.