🇨🇦 Receive CAD from Canada

Collect CAD from Canadian customers using local Interac or EFT. No cross-border delays or fees.
Instant (Interac) or T+1 (EFT). 85% cheaper than international wire.

✓ Local CAD Account Available - Receive payments as if you're local to Canada

Local CAD Collection Methods

EFT (Electronic Funds Transfer)

T+1 to T+3

Canadian domestic bank transfers. Standard clearing.

Coverage: Canada

Interac e-Transfer

Instant (minutes)

Real-time Canadian payments. Widely used by consumers and SMBs.

Coverage: Canada

LVTS (Large Value Transfer System)

Same-day

High-value CAD payments via Bank of Canada.

Coverage: Canada

Why Receive CAD with Unicorn Currencies

Key Benefits

  • Local Canadian bank account
  • Interac e-Transfer for instant collection
  • EFT for bulk/recurring
  • No FX conversion CAD → CAD
  • Bank of Canada supervised

Common Use Cases

Businesses using this corridor:

  • Canadian retailers and distributors
  • Vancouver-based importers
  • Toronto financial institutions
  • Alberta energy companies
Settlement Speed
Instant (Interac) or T+1 (EFT)

How to Receive CAD from Canada

1

Get a Free Quote

Get a local CAD bank account with Canada IBAN/account number

2

Share Details

Give your customers the local CAD account details - they pay as if you're in Canada

3

Receive Instantly

Funds arrive via EFT (Electronic Funds Transfer). Instant (Interac) or T+1 (EFT). Auto-convert to your base currency if needed.

All payments are subject to standard compliance and sanctions screening. Certain industries and countries not supported.

Frequently Asked Questions: Receiving from Canada

How do I receive payments from Canada?

Get local CAD account details through Unicorn Currencies. Your customers in Canada pay directly to your local account, just as if you were based there. No need for them to use expensive international wire transfers.

What details do I share with Canada payers?

Share your local CAD account number, routing details, and beneficiary name (your business name as registered with Unicorn Currencies). Your payers use these to send CAD via local bank transfer.

Are there fees for receiving from Canada?

No fees for receiving CAD into your Unicorn Currencies wallet. You only pay a competitive FX spread when you choose to convert to another currency. Hold CAD indefinitely at no cost.

How quickly do Canada payments arrive?

Same-day settlement for local CAD rails like EFT (Electronic Funds Transfer). SWIFT transfers from Canada typically take 1-2 business days. Instant (Interac) or T+1 (EFT).

What currencies can I receive from Canada?

Receive CAD from Canada and hold it in your multi-currency wallet. Convert to your preferred currency when exchange rates are favorable, or keep the CAD to pay suppliers in the same currency later.

Ready to Receive CAD from Canada?

Get a local CAD account and collect payments Instant (Interac) or T+1 (EFT)

Bank of Canada registered PSP | FINTRAC licensed MSB