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Immediate Payments


Immediate funds transfers are simple to arrange through CanadianForex. Our online system allows you to book exchange rates, set up your payee's banking details and make the payment - all without a visit to your bank branch. Our accredited dealers are also ready to answer any queries you have by phone, so feel free to call us at any time.

Your payment would normally be received by the beneficiary within 48 hours of you settling your transaction with CanadianForex.

Example - You want to send US$ 10,000 to a business in the USA, paying with CAD$:

You simply need to:
  1. Register with CanadianForex
  2. Login and request a live (and dealable) rate to buy US$ 10,000
  3. We ring you and confirm your rate, deal and payee details
  4. Transfer payment to CanadianForex by Electronic Funds Transfer (EFT)
  5. CanadianForex transfers your funds to the beneficiary

Next Steps:
Frequently Asked Questions
Register for Live Quotes

Related Information:
Forward Hedging Guide
What are Limit Orders?
Available Payment Types
Supported Currencies
Minimum Amounts
Contact Us for More Information

There is no obligation or cost to REGISTER so why not check out our live rates and compare them with what you currently receive?


On your first transfer you will be asked to send us ID verification documents, which can be sent via fax, email or post.


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