🇨🇦→🇮🇱
Send Money from Canada to Israel
Businesses in Canada paying Israel suppliers for Technology. Send CAD from Canada, receive ILS in Israel with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local CAD collection + local ILS delivery = no correspondent bank fees
Save £2,125 per £100k Payment
Canada to Israel corridor savings
Traditional Bank
£2,630
- ❌ 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
- ✓ Masav
Your Savings
81%
£2,125 per £100k
At £300k-£3M monthly, save £5,318/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 Israel: Compliance & Requirements
Regulatory Considerations
- Bank of Israel regulations
- Israeli Customs documentation
- VAT (17%) on goods and services
- Ministry of Defense approvals for defense equipment
Payment Best Practices
- Israel = Startup nation, cybersecurity leader
- Masav standard for ILS business payments
- Tel Aviv = Tech hub, Jerusalem = Government center
- Strong R&D capabilities - innovation focus
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Masav
Canada → Israel Corridor Insights
Popular Industries
- Technology
- Cybersecurity
- Medical Devices
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 Israel?
Save 81% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB