Unicorn Currencies
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🇨🇦→🇺🇸

Send Money from Canada to United States

Businesses in Canada paying United States suppliers for Manufacturing Equipment. Send CAD from Canada, receive USD in United States with t+0 (2.3s avg within unicorn network).

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

Save £2,025 per £100k Payment

Canada to United States corridor savings

Traditional Bank
£2,530
  • ❌ 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
  • ✓ ACH (Automated Clearing House)
Your Savings
80%
£2,025 per £100k
At £600k-£6M monthly, save £10,135/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 States: Compliance & Requirements

Regulatory Considerations

  • OFAC (Office of Foreign Assets Control) sanctions screening
  • FinCEN (Financial Crimes Enforcement Network) reporting
  • State-specific sales tax considerations
  • Export control regulations (ITAR, EAR)

Payment Best Practices

  • Use ACH for recurring supplier payments (cheaper than wire)
  • Fedwire for urgent/same-day payments
  • USD is global reserve - most stable for hedging
  • US banks close early (3pm EST) - plan timing
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via ACH (Automated Clearing House)

Canada → United States Corridor Insights

Popular Industries

  • Manufacturing Equipment
  • Technology
  • Machinery

Peak Trading Hours

EST/PST (GMT-5/-8) to EST (GMT-5) 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 States?

Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local CAD collection available.

Open AccountView United States Details

Bank of Canada registered PSP | FINTRAC licensed MSB