🇨🇦→🇵🇪
Send Money from Canada to Peru
Businesses in Canada paying Peru suppliers for Mining. Send CAD from Canada, receive PEN in Peru with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local CAD collection + local PEN delivery = no correspondent bank fees
Save £2,319 per £100k Payment
Canada to Peru corridor savings
Traditional Bank
£2,824
- ❌ 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
- ✓ Plin
Your Savings
82%
£2,319 per £100k
At £300k-£3M monthly, save £5,803/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 Peru: Compliance & Requirements
Regulatory Considerations
- Banco Central de Reserva del Perú regulations
- SUNAT (Tax Authority) documentation
- IGV (VAT 18%) on goods and services
- Mining sector oversight
Payment Best Practices
- Peru = Copper/silver leader, textile exporter
- Plin/Yape gaining traction for PEN payments
- Lima = Main business hub
- Strong textile manufacturing (Pima cotton) - competitive pricing
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Plin
Canada → Peru Corridor Insights
Popular Industries
- Mining
- Textiles
- Agriculture
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 Peru?
Save 82% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB