Unicorn Currencies
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🇨🇦→🇩🇪

Send Money from Canada to Germany

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

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

Save £1,525 per £100k Payment

Canada to Germany corridor savings

Traditional Bank
£2,030
  • ❌ 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
  • ✓ SEPA Instant Credit Transfer
Your Savings
75%
£1,525 per £100k
At £300k-£3M monthly, save £3,816/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+3 • Canadian domestic bank transfers. Standard clearing.

Paying Suppliers in Germany: Compliance & Requirements

Regulatory Considerations

  • BaFin (Federal Financial Supervisory Authority) regulations
  • VAT (19%) documentation required for B2B transactions
  • Strict invoice requirements (must include tax ID, buyer details)
  • SEPA compliance for EUR payments

Payment Best Practices

  • Germany = Manufacturing powerhouse, strict quality standards
  • Use SEPA Instant for same-day settlement vs 2-3 day SWIFT
  • German suppliers expect precise documentation and timely payment
  • Mittelstand (mid-sized) companies dominate supply chains
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SEPA Instant Credit Transfer

Canada → Germany Corridor Insights

Popular Industries

  • Automotive
  • Machinery
  • Chemical Manufacturing

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.

Ready to Send CAD from Canada to Germany?

Save 75% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Open AccountView Germany Details

Bank of Canada registered PSP | FINTRAC licensed MSB