How to Send Money with Your MTFX Account: Step-by-Step Guide

MTFX is a regulated Canadian financial service provider offering secure, cost-effective international transfers for individuals and businesses. Whether you’re paying suppliers overseas, supporting family abroad, or covering tuition, MTFX helps you move funds quickly and at competitive, bank-beating rates. 

Why people send money abroad 

Sending money across borders has become a normal part of daily life:

• Families send support to loved ones abroad
• Students cover tuition fees and living expenses
• Businesses pay suppliers, contractors, or manage payroll

Choosing the right service matters. A reliable platform with competitive rates, low fees, and clear tracking ensures your transfer arrives safely and on time. MTFX gives you full visibility, expert guidance, and the flexibility to manage payments online or with help from specialists.

What a money transfer means

A money transfer is simply moving funds from your account to someone else’s—whether they’re in the same country or across the world.

• Local payments usually stay in one currency and move through domestic banking systems.
• International payments involve converting your funds into the recipient’s currency and routing them through secure global payment networks until they reach the destination bank.

Understanding these basics helps you plan better, anticipate timing, and avoid unnecessary costs or delays.

Step-by-step: Sending money with MTFX

• Log in to your account on the website or mobile app.
• Select Send Money from your dashboard.
• Enter your transfer details: currency, amount, and recipient information.
• Review the exchange rate provided. Use the live exchange rate tool for real-time updates.
• Double-check all details and confirm your transfer.
• Track your transfer through your dashboard or email updates until the funds arrive.

Helpful tools to make transfers easier

• Rate alerts – Get notified when your preferred rate is available.
• Multi-currency accounts – Hold and convert funds at the right time for frequent transfers.
• Payment automation – For businesses, automation streamlines payroll and supplier payments, saving time and reducing errors.

Why this approach works

Knowing the basics of international transfers makes the process easier and less stressful. With a clear step-by-step process, you save time, avoid extra costs, and gain confidence in every transfer.

MTFX provides the tools and support to keep your transfers simple and secure. Whether it’s a one-time payment or recurring transfers, you’ll always have full control and visibility.