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Send Money to the United States

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.

What is the best way to send 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.

What is a good USD/ CAD exchange rate?

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.


What is the current US Dollar to Canadian Dollar rate?


In a nutshell, here’s what you need to know about the best way to send money to the United States:

  • Method: Through MFTX, global experts in foreign exchange and international payments.
  • Cost: MFTX offers some of the best exchange rates that are 2-5% lower than any bank. The MFTX exchange rate is tied to the interbank rate, and high-volume currency exchanges enable us to reduce the cost of international payments. This is a breath of fresh air for those tired of costly currency conversions.
  • Speed: The MTFX platform is quickly accessible from the comfort of wherever you’re. You can then send money to the United States at the touch of a button, and your beneficiary receives the money on the same day or within 24-48 hours.
  • Transfer options: When you register for an MFTX account, you can send money not only to the United States but to over 140 countries at the convenience of a few clicks.
  • Customer experience: The customer experience is stellar. MFTXs team of dedicated specialists offers top-notch service to help you move your money efficiently.
  • Quick review. MFTX is the perfect solution for Canadians looking to make global payments on behalf of their business. You can enjoy streamlined international payments, lower costs, and convenience, plus the satisfaction of knowing your money is where it’s required to be.

Who uses MTFX to send money to the United States?

Both companies and individuals can use MTFX to transfer money to the United States.


  • People sending money to family or friends or themselves in the United States
  • Studying in the United States
  • People who have made purchases of homes in the United States
  • People who are transferring money to the United States for investment purposes
  • People who are moving to the United States


  • Companies making supplier payments to the United States
  • Companies purchasing goods or services in the United States
  • Companies making payments to the United States
  • Companies making investments in the United States

What bank details are needed to transfer money to the United States?

When sending money to the United States from Canada, you will need: 

  1. Beneficiary name
  2. Beneficiary address
  3. Beneficiary account number
  4. Bank name
  5. Bank address
  6. Bank Swift code
  7. Reason for transfer 

Can I set up a regular money transfer to the United States?

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.

Send money to the United States today

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.

Popular Countries to send money to from Canada;

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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.