What types of global payment solutions does MTFX offer?

MTFX offers a variety of global payment solutions, including wire transfers, bulk payments, multi-currency accounts, and automated recurring payments. These solutions help Canadian businesses manage cross-border payments efficiently while mitigating foreign exchange risks.

How does MTFX ensure faster processing times for global payments?

MTFX leverages advanced payment technology and an extensive banking network to expedite global payments. Compared to traditional banks, MTFX ensures faster processing times, often completing international transactions within the same or next business day, allowing Canadian businesses to maintain seamless global operations.

How do exchange rate fluctuations impact global payments?

Exchange rate fluctuations can increase the cost of international payments, reducing profit margins for businesses. MTFX helps Canadian businesses mitigate this risk by offering forward contracts and real-time rate monitoring, ensuring they secure favorable exchange rates for their payments.

What is the best way to manage multiple currencies for global payments?

The best way to manage multiple currencies is to use a platform that supports multi-currency accounts and offers competitive exchange rates. MTFX provides Canadian businesses with the tools to hold, convert, and transfer funds in multiple currencies efficiently, helping them optimize their global payment processes.

What is the cost of making business payments?

MTFX offers highly competitive pricing on business payments with bank-beating exchange rates and low transfer fees. The exact cost depends on factors like the destination country, currency, transfer method, and payment volume. Unlike traditional banks, MTFX provides transparent pricing with no hidden charges—helping your business save more on every international transaction.

Streamline Your International Transactions with MTFX

Grow your business internationally with MTFX. Send and receive funds in 50+ currencies across 190+ countries—backed by competitive rates and low fees. Whether you're paying overseas suppliers or a global workforce, we streamline cross-border transfers with speed and security.

Make international transfers on your terms
Reduce costs of business payments
Manage currency risk
Get dedicated expert support

Open a business account

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MTFX Live Rate Calculator

Conversion rate

CAD/

/CAD

Total amount

10,000.00 CAD

We use mid-market rates. This is for informational purposes only. Log in to view send rates.

Bank-Beating Exchange Rates: Save on every business transaction
Same Day Wire Transfers: No delays, swift payment processing
Dedicated Business Support: FX experts for personalized guidance
Regulated & Compliant: FINTRAC-licensed financial services

THE MTFX ADVANTAGE

Why Choose MTFX for Your Business Payments?

Competitive exchange rates

Access bank-beating exchange rates to maximize your international transactions and reduce costs.

Low fees with transparent pricing

Enjoy minimal transfer fees with no hidden charges, ensuring predictable and transparent costs for your business.

Fast and reliable transfers

Most transactions are completed within 24-48 hours, providing timely payments to your global partners.

Global reach

Send and receive payments in over 50 currencies across more than 190 countries, expanding your business's international footprint.

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THE MTFX ADVANTAGE

Why Choose MTFX for Your Business Payments?

What could you save using MTFX vs the bank?

The comparison is based on publicly available information. Rates may vary based on the amount. Please verify independently.

Send global business payments in just a few clicks

Fast, reliable and cost-effective international business payments.

1
Sign up for a business account
Create a multi-currency business account in your own name without any hassle.
2
Initiate your transaction
Go through our seamless onboarding process, access the platform and initiate your transaction.
3
Add payee details
Fund your account, convert currencies at the best rates and start carrying out transactions.
4
Confirm and send
MTFX will ensure your international business transfers reach their destination on time.

Pay overseas suppliers

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Send fast, secure and cost-effective payments to your international vendors and contractors.

Pay overseas suppliers

Send fast, secure and cost-effective payments to your international vendors and contractors.

Global reach

Pay suppliers in more than 190 countries in 50+ currencies.

Fast and secure transactions

Ensure suppliers receive payments on time with quick transfers.

Pay in local currency

Pay suppliers in their local currency with ease and flexibility.

24/7 online payments

Manage international payments to suppliers anytime, anywhere.

Learn more

International B2B money transfers

Whether you're a startup or an enterprise, MTFX adapts to your global payment needs.

Worldwide reach

Tailored business payment solutions for 190+ countries.

Transparent pricing

Know exactly what you’re paying with upfront, clear pricing.

Currency risk management

Protect your global business from adverse currency fluctuations.

Dedicated FX specialists

Get expert insights to optimize your FX and payments strategy.

Learn more

International B2B money transfers

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Whether you're a startup or an enterprise, MTFX adapts to your global payment needs.

Pay global workforce

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Pay international workforce quickly and securely while saving on fees and FX costs.

Pay global workforce

Pay international workforce quickly and securely while saving on fees and FX costs.

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Multi-currency payments

Send salaries in local currencies to employees and freelancers.

Fast payroll processing

Ensure your employees and contractors are paid on time.

Secure, compliant transfers

Fully compliant with global payroll and financial regulations.

Scalable for growing teams

Manage payroll for all teams, from freelancers to full-time employees.

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Global reach for global commerce

Payments to 190+ countries

Seamlessly send money across a vast international network.

Pay in 50+ currencies

Transact in 50+ currencies, including USD, CAD, EUR & JPY.

Global network of banking partners

Leverage strong partnerships for faster, more reliable transactions.

Round-the-clock access

Manage payments anytime, anywhere with an online platform.

Global reach for global commerce

Start saving on every international payment

Send money to over 190 countries in 50+ currencies in just a few clicks.

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Fast, frictionless payments to your global business partners

Pay overseas suppliers

Send payments quickly in any currency with MTFX multi-currency accounts and our global network.

Learn more

B2B money transfers

Simplify international payments while gaining better control over your budgeting and financial planning.

Learn more

Pay global workforce

Ensure your overseas staff get paid on time, keeping operations seamless and driving global growth.

Learn more

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Stay connected
Keep updated
Make informed decisions

Access tools to help you track, manage and simplify your global payments.

Make informed decisions with FX tools

MTFX provides live exchange rates, a currency converter, rate alerts, historical charts, free foreign exchange tools and graphs.

FX tools at your fingertips

Live Exchange Rates

Currency Charts

Currency Converter

Historical Exchange Rates

Daily Rate Lookup

Rate Alert

Economic Calendar

Keep updated with currency market news

Stay ahead of the markets with daily and weekly currency updates and monthly forecasts.

News type

Stay ahead of the markets with daily and weekly currency updates and monthly forecasts.

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FX solutions for global commerce

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Experience secure transfers, seamless cross-border payments and personalized support trusted by businesses worldwide.

FX solutions for global commerce

Experience secure transfers, seamless cross-border payments and personalized support trusted by businesses worldwide.

Trusted experts in business transfers

Trusted since 1996 for secure, efficient and award-winning business payment solutions.

Borderless transactions, seamless experience

Cross-border transfers to 190+ countries in 50+ currencies with speed, accuracy and cost-efficiency.

Personalized support for your business

Get 24/7 support and expert guidance with dedicated account managers for every transaction.

Create an account

Frequently asked questions

Simplify your cross-border transactions

Create your account today and start streamlining your international payments.

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