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Discover global trends, inspiring customer stories, and how to make the most of your international money transfers.

Ensure Better Overseas Payment Processes with a Third-party Digital Platform
Ecommerce transactions can move at light speed. Online customers—especially those overseas—expect th
5 Steps in the Overseas Payment Process
In an overseas payment transaction where you receive money from customers, the process is relatively
U.S. Colleges and Universities Beckon Canadian Students
Thinking about going abroad to earn your undergraduate or postgraduate university degree? Consider o
Managing Paying Income Taxes Abroad
Canadians working overseas or who have made an investment abroad, are likely to be subject to foreig
Paper Cheques Still Have a Role in the Digital Age--But Not So Much within FX Transactions
The cliché “The cheque is in the mail” has never inspired confidence. In local B2B transactions cheq
The best way to transfer money to a foreign bank account
The best way to transfer money abroad is to choose the optimum method for your circumstances, access
How to Maximize Profits When Invoicing Overseas Clients
Introduction Risk frequently follows opportunity for foreign business transactions. With the advance

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FAQs

Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into. Personal clients usually use our services to transfer money between their own accounts in two different countries. Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands. We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world. Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.