About Exchange Bank of Canada

Exchange Bank of Canada (EBC) is a Schedule 1 bank based in Toronto, Canada. EBC is wholly-owned by Currency Exchange International Corp., a publicly traded company on the Toronto Stock Exchange (CXI) and OTC (CURN). EBC provides a wide range of foreign currency exchange and international payment services to financial institutions and corporations, including banknote foreign currency exchange, travelers' cheques, foreign currency cheque clearing, foreign currency bank drafts, Global EFT and international wire transfers.

Exchange Bank of Canada Builds Relationships

  • Receive market updates, dedicated traders, and account reviews to empower foreign exchange and international payment services
  • Gain the advantage of access to EBC's advanced, web-based software EBCFX to complete all offered services, assist with compliance and run comprehensive reports
  • Deal directly with EBC's seasoned operational and support teams
  • Experience EBC’s commitment to the highest level of customer service across all EBC services

EBC educates and informs its clients with industry best practices, focusing on long-term relationships that enhance the client's knowledge, while providing specific foreign currency exchange and international payment services and solutions tailored directly to their needs.

Our Goals: Why We Do What We Do

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Mission

A leading edge international banking group focused on currency exchange by utilizing technology and delivering superior service.

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Vision

To be a leading international banking group focused on innovative currency exchange solutions.

Value

We help our clients identify and create foreign exchange solutions, delivering a best practices approach through unparalleled customer service and integrated technology to create significant financial and operational efficiencies.

Customer First

We earn the right to be our clients’ first
choice.

Integrity

We hold ourselves to the highest standard
to build trust.

Collaborative

We always win as a team.

Innovative

We find new methods to deliver change
and advance technology to the industry.

Passionate

We are driven to be the best in class.

History of Exchange Bank of Canada

Formally commenced in 2016, EBC is the only foreign currency exchange specialist Schedule 1 Bank in Canada. The team at EBC is a passionate, experienced group putting their extensive industry knowledge and relationships to work for their clients. Prior to establishing the Exchange Bank of Canada, the company was known as Currency Exchange International of Canada Corp. (CXI Canada). During the company's time as CXI Canada, it showed significant growth through its excellent service, pricing and use of advanced technology to facilitate all transactions. Since its inception, CXI Canada has built a positive reputation in the Canadian market and is proud to continue its legacy as Exchange Bank of Canada.

2020

  • EBC closes on its acquisition of the assets of a Canadian international payments business that has operated 24 years in the Province of Québec. These assets include a total of approximately 400 corporate customers that are engaged in international payments.

2017

  • EBC is accepted as a SWIFT member. The SWIFT network is the world’s leading provider of secure financial messaging services with more than 10,800 financial institutions members worldwide and EBC's membership expands its global payment capabilities for its clients.

  • EBC's corporate FX trading desk opens in Toronto providing live trading support and market analysis.

2016

  • Minister of Finance approves the continuance of Currency Exchange International of Canada Corp. as Exchange Bank of Canada in English and Banque de change du Canada in French.

2012

  • CXI Canada files application to continue as Exchange Bank of Canada in English and Banque de change du Canada in French, a new Schedule 1 Bank in Canada.

  • CXI Canada's parent company, CXI, completes its Initial Public Offering (IPO) on the Toronto Stock Exchange (TSX).

2011

  • Currency Exchange International of Canada Corp. opens for business and establishes its Toronto Vault.

2020

  • EBC closes on its acquisition of the assets of a Canadian international payments business that has operated 24 years in the Province of Québec. These assets include a total of approximately 400 corporate customers that are engaged in international payments.

2017

  • EBC is accepted as a SWIFT member. The SWIFT network is the world’s leading provider of secure financial messaging services with more than 10,800 financial institutions members worldwide and EBC's membership expands its global payment capabilities for its clients.

  • EBC's corporate FX trading desk opens in Toronto providing live trading support and market analysis.

2016

  • Minister of Finance approves the continuance of Currency Exchange International of Canada Corp. as Exchange Bank of Canada in English and Banque de change du Canada in French.

2012

  • CXI Canada files application to continue as Exchange Bank of Canada in English and Banque de change du Canada in French, a new Schedule 1 Bank in Canada.

  • CXI Canada's parent company, CXI, completes its Initial Public Offering (IPO) on the Toronto Stock Exchange (TSX).

2011

  • Currency Exchange International of Canada Corp. opens for business and establishes its Toronto Vault.