We provide FINTRAC-regulated foreign exchange for personal and business needs, priced close to the mid-market rate with no conversion fee. More of your money reaches the other side.
Foreign exchange services convert your Canadian dollars into another currency for payments, transfers, or travel. As a FINTRAC-regulated specialist, we price close to the mid-market rate with no conversion fee, so you avoid the 2.5% to 3.5% markup most banks embed in the rate.
Get a Free QuoteCanadians need foreign exchange for all kinds of reasons: paying overseas suppliers, supporting family abroad, funding travel, or converting income earned in another currency. The banks handle these transactions, but they build a markup of roughly 2.5% to 3.5% into every conversion.
We provide FINTRAC-regulated foreign exchange services that price close to the mid-market rate, with no fee on the conversion itself. Whether the transfer is personal or for your business, the goal is the same: more of your money reaches the other side.
Here is how a typical bank foreign exchange service compares with a dedicated specialist. Figures are representative and change with the market.
\n| Factor | Big Bank FX Desk | CanAm Currency Exchange |
|---|---|---|
| Exchange rate | 2.5% to 3.5% markup embedded | Priced close to mid-market |
| Conversion fee | Wire and transfer fees common | No fee on the conversion |
| Transparency | Markup hidden in the rate | Firm quote before you commit |
| Support | General banking support | Dedicated FX traders |
| Regulation | Federally regulated bank | FINTRAC regulated specialist |
Banks offer the convenience of an existing relationship. A specialist offers a better rate and dedicated FX support, which matters most on larger or recurring transfers.
Open your personal or business account online in minutes, with no obligation.
Speak with an FX trader for a no-obligation quote and lock your rate.
Transfer your funds and we complete the conversion, generally within one business day.
Companies paying overseas suppliers or receiving foreign revenue save on every conversion when the rate is closer to mid-market.
Regular transfers abroad add up, so a better rate on each one compounds over the year.
Canadians paid in another currency can convert at a rate that keeps more of their income.
For businesses and individuals moving larger sums, the exchange rate on the day can meaningfully change the outcome. While no one can predict short-term moves, locking a rate once you decide to convert removes the uncertainty between agreeing and completing the transfer. This is where dedicated FX support adds value beyond a generic bank counter.
A specialist can help you understand your options, hold a rate for your transaction, and structure recurring transfers so you are not exposed to a poor rate on any single day. The goal is not to gamble on the market but to remove avoidable cost and uncertainty.
Foreign exchange services convert one currency into another for payments, transfers, travel, or income. Banks and specialists both offer them, but specialists usually price closer to the mid-market rate.
Yes. We serve both personal and business clients, including companies paying overseas suppliers or receiving foreign revenue, with dedicated FX trader support.
We price close to the mid-market rate, which is typically up to 3% better than the 2.5% to 3.5% markup banks embed. The exact difference depends on the amount and the day.
Yes. We are registered with FINTRAC, a Government of Canada agency, and hold client funds in a segregated account at a major Canadian financial institution.
Once your rate is locked and funds are received, transfers are generally completed within one business day, though timing can vary by receiving institution.
Register for free and speak with an FX trader for a no-obligation quote. Personal or business, we help Canadians keep more on every conversion.
Sign up today to receive the best rates in Canada.
Please feel free to contact us for additional information.