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Send Money from Canada to Argentina

Businesses in Canada paying Argentina suppliers for Agriculture. Send CAD from Canada, receive ARS in Argentina with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local CAD collection + local ARS delivery = no correspondent bank fees

Save £3,020 per £100k Payment

Canada to Argentina corridor savings

Traditional Bank
£3,525
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • T+0 (2.3s avg within Unicorn network)
  • Local CAD collection
  • ✓ Transparent 0.5% spread
  • CVU (Clave Virtual Uniforme)
Your Savings
86%
£3,020 per £100k
At £300k-£3M monthly, save £7,558/year

Sending from Canada: What You Need to Know

CAD Origin Specifics

  • CAD commodity currency (tracks oil/resources)
  • Interac e-Transfer for fast payments
  • FINTRAC oversight

Your Local Advantages

  • Local CAD account available
  • EFT (Electronic Funds Transfer) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
EFT (Electronic Funds Transfer)
T+1 to T+3Canadian domestic bank transfers. Standard clearing.

Paying Suppliers in Argentina: Compliance & Requirements

Regulatory Considerations

  • Banco Central de la República Argentina FX controls
  • AFIP (Tax Authority) documentation
  • IVA (VAT 21%) on goods and services
  • Currency restrictions - confirm compliance

Payment Best Practices

  • Argentina = Agricultural powerhouse, beef/soybean exporter
  • Currency volatility HIGH - FX hedging critical
  • Buenos Aires = Main business hub
  • Capital controls - confirm payment feasibility before contracting
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via CVU (Clave Virtual Uniforme)

CanadaArgentina Corridor Insights

Popular Industries

  • Agriculture
  • Beef
  • Wine

Peak Trading Hours

EST/PST (GMT-5/-8) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Frequently Asked Questions: CAD-ARS Payments

How fast are CAD-ARS payments?

CAD-ARS payments settle in an average of 2.3 seconds wallet-to-wallet when using Unicorn Currencies' local rails, or 1-3 days via traditional SWIFT depending on the route and correspondent banks involved.

What does a CAD-ARS transfer cost?

Unicorn Currencies charges a 0.5% FX spread plus a flat fee of £5 per payment for CAD-ARS transfers. This is significantly cheaper than traditional banks which typically charge 2-4% in hidden FX margins plus high SWIFT fees.

What exchange rate do I get for CAD-ARS?

You get real-time wholesale CAD-ARS exchange rates with 15-second rate locks. Our rates are sourced from institutional FX markets, giving you the same pricing that banks use for their own trades.

Can I lock the CAD-ARS rate in advance?

Yes, forward contracts are available for CAD-ARS payments. You can lock in today's rate for future payments, protecting your business from currency fluctuations for up to 12 months.

What details do I need for CAD-ARS payments?

Beneficiary details vary by destination. For Argentina payments, you typically need the recipient's local account details (CVU (Clave Virtual Uniforme)), account number, and beneficiary name. Some destinations may also require local clearing codes.

Ready to Send CAD from Canada to Argentina?

Save 86% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Bank of Canada registered PSP | FINTRAC licensed MSB