🇨🇿→🇨🇦
Send Money from Czech Republic to Canada
Czech industrial companies paying Canada suppliers. Send CZK from Czech Republic, receive CAD in Canada with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local CAD delivery = no correspondent bank fees
Save £2,025 per £100k Payment
Czech Republic to Canada 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 CZK collection
- ✓ Transparent 0.5% spread
- ✓ Interac e-Transfer for Business
Your Savings
80%
£2,025 per £100k
At £300k-£3M monthly, save £5,068/year
Sending from Czech Republic: What You Need to Know
CZK Origin Specifics
- Czech Republic uses CZK currency
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Canada: Compliance & Requirements
Regulatory Considerations
- Bank of Canada and FINTRAC oversight
- GST/HST (5-15% depending on province) documentation
- Business Number (BN) required for tax purposes
- PIPEDA compliance for data privacy
Payment Best Practices
- Canada = Natural resources leader, manufacturing hub (auto, aerospace)
- Interac e-Transfer fastest for payments under CAD $25k
- Strong US trade ties - many suppliers serve both markets
- Provincial tax variations - HST rates differ by region
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Interac e-Transfer for Business
Czech Republic → Canada Corridor Insights
Popular Industries
- Natural Resources
- Manufacturing
- Agriculture
Peak Trading Hours
13:00-17:00 GMT (London-NY overlap)
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 CZK from Czech Republic to Canada?
Save 80% on every payment with t+0 (2.3s avg within unicorn network). Local CZK collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB