Canadian companies and individuals can now get better rates than the banks when sending money to their Japanese counterparts.
Whether you’re a company or an individual, there are many reasons why you may need to send Japanese Yen money transfers from Canada to Tokyo, Kyoto, Osaka, Takayama, or any other place in Japan.
You may want to purchase overseas property, pay for Japanese tuition fees, send money to friends or family in Japan, secure your business interests, or something in between. Whatever the reason, you need to watch out for those currency conversion costs each time your money travels to Japan.
While there’s not much you can do to prevent currency exchange rate fluctuations, you can still get great value when transferring money to a Japanese bank account.
The JPY/CAD is an essential factor to consider when sending money to Japan. If the exchange rate isn’t optimal, you’ll get less for your Canadian dollars. For instance, if the exchange rate is lower by 3 cents, you forfeit 1-3% when you pay a supplier invoices or vendor payments
Suppose you choose a provider with an exchange rate that’s 5 cents lower, your losses balloon to 5%. That’s a small fortune that deserves to remain in your pocket. So, if you have been putting up with high exchange rates, it’s time to go into money-saving mode with MTFX.
Need to keep your fingers on the pulse of the JPY/CAD trend? View the live rate and get the opportunity to lock in a favorable rate before you transfer money to Japan.
The best way to send money to Japan should be secure, fast, and cheap, so the award goes to foreign exchange specialists like MTFX. The other option of sending money via high-end banks isn’t viable because banks charge hefty fees and take too long to transfer money.
With MFTX, you get a more competitive exchange rate that trumps the banks by 3-5%. There’s greater protection from currency fluctuations because MFTX passes down savings obtained from high-volume currency exchanges.
You can conveniently move your money to Japan anytime, anywhere through the secure, 24/7 online platform. Also, your beneficiaries receive the money on the same day or within 48 hours, saving you time and money in one fell swoop.
When sending money to Japan from Canada, you will need:
Yes, you can – once you register for an MTFX business account. This gives you access to the online dealing platform where you can send 100+ currencies to 140+ countries worldwide.
MTFX payment portal enables you to simplify and streamline your payments on your smart device from any location around the clock in Canada.
MTFX online accounts are available to individuals and companies that need to send money to Japan. Here are the top reasons why people send money to Japan.
As an industry-leading provider of currency exchange solutions and FX global payments, MFTX makes your life easier with:
MTFX can meet your business and personal international transfer needs on any occasion. So now’s the time to register your MTFX account and send money to Japan today.
Popular Countries to send money to from Canada;