There are several ways to transfer money from Canada to the United States. The best option comes with affordable rates and lower transfer fees.
Whether your business needs to purchase goods or services, or for some other reason, you need an affordable and convenient way to send money to the United States. This is where foreign exchange and global payments specialists like MTFX comes in.
Unlike banks that typically charge expensive rates and fees, MTFX is kinder to your business's bottom line. Many Canadian companies are increasingly discovering and relying on foreign exchange and global payments specialists like MTFX to transfer money to the United States.
If you’re sending money to the United States (or anywhere else), you want the gap between what you send and what your beneficiary receives to be as small as possible.
Unfortunately, this won’t happen if you use a bank or traditional financial institution to move funds. Banks offer unfavorable exchange rates, and you also need a bigger budget to cover the expensive international bank transfer fees.
The good news is there’s a simpler and cheaper way to send money to the United States from Canada.
Sending money to the United States has never been easier with a quick sign-up process, competitive currency rates, fast transfers, and the best-in-class technology to facilitate smooth payments. Besides skipping the uneconomical transfer fees charged by banks, you also get personalized guidance to help you move your money to the correct destination.
Knowing where to look for the best place to exchange money is key to doing business globally. You have two main options when it comes to exchanging currency: your bank or global payment specialists, like MTFX.
While your bank may seem like an obvious place to start, they don’t always offer the best exchange rates available and can charge transfer fees of up to CAD 150.00 per transaction, which quickly add up if you need to make transfers often.
In a nutshell, here’s what you need to know about the best way to send money to the United States:
Both companies and individuals can use MTFX to transfer money to the United States.
Individuals
Companies
When sending money to the United States from Canada, you will need:
You can set up regular money transfers to the United States as soon as you have a registered MFTX business account. The MTFX platform leverages automation technologies to streamline your payments. It’s accessible anytime, anywhere, and all your transactions are processed securely and quickly.
Whatever your reason for wanting to transfer money to the United States, you could save money with MTFX.
How efficient is it? Turnaround is fast, and you can set up US dollar transfers for supplier payments, purchase of goods, property purchases, monthly mortgage payments, and even US dollar tuition payments for those studying in the United States
What help do I get? You also get free expert guidance from a personal account manager all the way through the process.
How secure is it? A secure online platform is available 24/7, meaning you can send payments whenever you need to.
Register with MTFX online today for your business account. Start sending money to the United States at the cheapest exchange rates with the highest convenience.
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