Unicorn Currencies
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🇨🇦→🇬🇧

Send Money from Canada to United Kingdom

Businesses in Canada paying United Kingdom suppliers for Financial Services. Send CAD from Canada, receive GBP in United Kingdom with t+0 (2.3s avg within unicorn network).

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

Save £2,120 per £100k Payment

Canada to United Kingdom corridor savings

Traditional Bank
£2,525
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£405
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local CAD collection
  • ✓ Transparent 0.5% spread
  • ✓ Faster Payments
Your Savings
84%
£2,120 per £100k
At £600k-£6M monthly, save £10,611/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 United Kingdom: Compliance & Requirements

Regulatory Considerations

  • FCA (Financial Conduct Authority) regulated payments
  • HMRC tax reporting requirements
  • VAT (20%) on goods and services
  • Anti-money laundering (AML) compliance

Payment Best Practices

  • Faster Payments = instant, free for most transfers under £1M
  • Use CHAPS for same-day urgent high-value payments
  • BACS ideal for regular supplier payment runs
  • London = major financial hub with excellent banking infrastructure
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Faster Payments

Canada → United Kingdom Corridor Insights

Popular Industries

  • Financial Services
  • Manufacturing
  • Pharmaceuticals

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 United Kingdom?

Save 84% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Open AccountView United Kingdom Details

Bank of Canada registered PSP | FINTRAC licensed MSB