Why OFX?

Send money overseas, at better rates than the banks.

  • Excellent rates
  • Low or no fees
  • First transfer is free
  • Convenient 24/7
  • Fast & secure

 

Please note: The minimum transfer is CA$250 or equiv. CanadianForex does not deal in cash travellers cheques. CanadianForex does not accept payments by credit card, cash or cheque. CanadianForex does not provide transfer of fund to Afghanistan, Nigeria, North Korea, Lebanon, Iran and a range of other countries.

Call us with any questions: 1-800-680-0750

Save money with CanadianForex

The CanadianForex currency payment service will save you money. We operate a highly efficient currency transfer company with systems that ensure that you get a great price and a speedy foreign currency transfer.

Rates

The big saving on your currency transfers is in the exchange rates. Before you make a currency transfer, check our rates and then compare these against your bank's rates. Depending on the size of the currency payments, we can save you hundreds of dollars and in many cases, thousands of dollars!
Don't take our word for it, check your bank's rates and at the same time check our live foreign exchange rates.

Fees

We charge one low transfer fee of just CAD$15 (or equivalent) for transactions below CAD$10,000. Transactions above that are fee free. Click here for more details on fees.

Personal Service

Yes that's right, you can actually speak to real people if you choose! Whilst we have many automated systems, we will contact you at least once to discuss and complete your international currency transfer and you can get in touch with our dealing team 24 hours a day on business days to discuss the market, hedging tools or your transaction with us. 

There is no obligation or cost to REGISTER, so why not check out our live rates and compare them with what you would currently receive for your international money transfer? 

Please note: CanadianForex does not deal in cash or travellers cheques. CanadianForex does not accept payment by credit card, cash or cheque. Please speak to a dealer if you require any further information 

Safety of Your Money

The security of funds is essential to our business, so we understand you will want to seek assurances that your money is safe. To assist you in this, here is some information on who we are and how we do business:

Part of a Global Company

CanadianForex is part of the OzForex Group, which provides foreign exchange services to customers across 6 continents.

460,000 fund transfers last year
US$9.1 billion in foreign exchange transactions last year
2 million website visitors each month
The Group employs over 170 staff and has offices in Toronto, San Francisco, London, Sydney, Hong Kong, and Auckland.

Strong Financials

A summary of the Group’s financial results for the year ending 31 March 2013

Revenue                        A$50.0m
Earnings before tax        A$24.2m
Net assets                     A$30.8m

Each year we are audited by PriceWaterhouseCoopers. View the latest OzForex consolidated financial statements

Strict Adherence to Local Regulations

We are fully licenced in each of the jurisdictions where we operate, and comply with all local rules and regulations. In Canada, CanadianForex is a Money Services Business as defined in the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLATF Act) and as such is registered with FINTRAC (registration number M08560392).

Low Risk Business Model

Our business model is inherently a low risk one. By offering a deliverable-only foreign exchange service we do not take positions in the market ourselves, so we assume very little transactional or market risk.

Website Security

Our secure online platform uses minimum 2048 bit SSL certificates to encrypt traffic and Thawte online security and protection.

Risk Management Policies and Procedures

Macquarie Bank in Australia is a major shareholder in the OzForex Group. While our operations are not supervised, and our liabilities are not guaranteed, in any way by Macquarie, we have adopted the bank's global risk management policies and procedures.

Proven Track Record

CanadianForex have been focussed on customer satisfaction since 2008. Here’s what some of our customers have to say:

“Thank you CanadianForex for saving us a fortune in the exchange rate compared to our bank's rates. The entire foreign exchange process was extremely smooth and hassle-free. We wish we had found you sooner!"

“CanadianForex easy to use service has saved our company time and money. By utilizing their hedging tools we have been able to save thousands of dollars and ensure the value our income streams.”

Read more customer comments