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Introducing: Same Day CAD Transfers

October 3, 2017 CAD

Same Day CAD Transfers and no more 3rd party fees

Canada Globe

This year #Canada150 events are being celebrated across the country to mark its 150 year anniversary. At CurrencyFair we are delighted to announce another reason to celebrate all things Canadian. We’ve partnered with a new payment provider to give you access to quicker and cheaper Canadian transfers.

What does this mean for me?

Your money moves faster and when transferring your Canadian Dollars to a Canadian bank you aren’t paying hidden 3rd party fees and charges.

1. No more additional fees on transfers into Canadian Dollars

With our new payment provider, when you transfer Canadian Dollars into a Canadian bank you will no longer be subject to intermediary costs and receiving bank charges.

You can now be sure that the amount you transfer is the amount received.

Are there exceptions to this?

Yes – any CAD transfers outside of Canada may be subject to intermediary and beneficiary bank fees. The bank account for deposits has not changed and fees may still apply.

2. Same day transfers now available to all major Canadian banks

As well as no more additional 3rd party fees, your money can now arrive faster.

Same day transfers are available when transferring CAD into the following banks:

  • Alberta Treasury Branches
  • Bank of Canada
  • Bank of Montreal
  • Bank of Nova Scotia
  • Canadian Imperial Bank of Commerce
  • Central 1 Credit Union
  • HSBC Bank Canada
  • National Bank of Canada
  • Royal Bank of Canada
  • Toronto-Dominion Bank

We advise completing your transfer before GMT 11:30 AM to avoid any delays.

Contact Us to find if your bank is eligible for our same day transfer process.

So whether it’s for paying bills, transferring money home or investing in property in Canada you save time and money with CurrencyFair on any transaction.

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