Unicorn Currencies
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🇨🇦→🇳🇿

Send Money from Canada to New Zealand

Businesses in Canada paying New Zealand suppliers for Dairy. Send CAD from Canada, receive NZD in New Zealand with t+0 (2.3s avg within unicorn network).

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

Save £1,923 per £100k Payment

Canada to New Zealand corridor savings

Traditional Bank
£2,428
  • ❌ 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
  • ✓ Osko (via Australia)
Your Savings
79%
£1,923 per £100k
At £300k-£3M monthly, save £4,812/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 New Zealand: Compliance & Requirements

Regulatory Considerations

  • Reserve Bank of New Zealand regulations
  • NZ Customs Service documentation
  • GST (15%) on goods and services
  • MPI (Ministry for Primary Industries) biosecurity

Payment Best Practices

  • New Zealand = Dairy leader (Fonterra), premium wine
  • Close integration with Australian payment systems
  • Auckland + Wellington = Main business centers
  • Strict biosecurity - documentation critical for food/agriculture
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Osko (via Australia)

Canada → New Zealand Corridor Insights

Popular Industries

  • Dairy
  • Meat
  • 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.

Ready to Send CAD from Canada to New Zealand?

Save 79% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Open AccountView New Zealand Details

Bank of Canada registered PSP | FINTRAC licensed MSB