Unicorn Currencies
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🇺🇸→🇨🇦

Send Money from United States to Canada

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

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

Save £2,025 per £100k Payment

United States 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 USD 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 United States: What You Need to Know

USD Origin Specifics

  • USD global reserve currency
  • ACH and FedNow available
  • FinCEN reporting requirements

Your Local Advantages

  • Local USD account available
  • ACH (Automated Clearing House) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
ACH (Automated Clearing House)
T+1 to T+2 • US domestic bank transfers. Low cost, reliable.

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

United States → Canada Corridor Insights

Popular Industries

  • Natural Resources
  • Manufacturing
  • Agriculture

Peak Trading Hours

EST (GMT-5) to EST/PST (GMT-5/-8) 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 USD from United States to Canada?

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

Open AccountView Canada Details

Bank of Canada registered PSP | FINTRAC licensed MSB