🇨🇦→🇨🇭
Send Money from Canada to Switzerland
Businesses in Canada paying Switzerland suppliers for Precision Manufacturing. Send CAD from Canada, receive CHF in Switzerland with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local CAD collection + local CHF delivery = no correspondent bank fees
Save £1,730 per £100k Payment
Canada to Switzerland corridor savings
Traditional Bank
£2,235
- ❌ 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
- ✓ SIC (Swiss Interbank Clearing)
Your Savings
77%
£1,730 per £100k
At £600k-£6M monthly, save £8,659/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 Switzerland: Compliance & Requirements
Regulatory Considerations
- Swiss National Bank oversight
- Swiss Customs documentation
- VAT (7.7%) on goods and services
- FINMA regulations for financial services
Payment Best Practices
- Switzerland = Precision manufacturing, pharma (Roche, Novartis)
- SIC enables instant CHF settlement
- High quality standards - expect premium pricing
- Multilingual (German, French, Italian) - language considerations
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via SIC (Swiss Interbank Clearing)
Canada → Switzerland Corridor Insights
Popular Industries
- Precision Manufacturing
- Pharmaceuticals
- Machinery
Peak Trading Hours
EST/PST (GMT-5/-8) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£100k-£500k
Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send CAD from Canada to Switzerland?
Save 77% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB