Exchange Bank of Canada is Canada's Foreign Exchange Bank

We guide businesses on the best way to make or receive international payments. Use our digital platform or leverage your dedicated FX specialist – either way you’ll receive a best-in-class FX rate, the lowest fees, and a secure payment provider.

EBC International Payments Enables Your Global Business


Paying suppliers domestically or internationally
Send mass payments to multiple beneficiaries
Collect payments in foreign currencies


Electronic Payments

Your dedicated FX specialist completes payments based on the method that best fits your needs, prioritizing security, efficiency, and cost.

Send wire payments to 180+ countries

Take advantage of low-cost Electronic Funds Transfers (EFT) to select countries

Payment costs are lower than traditional banks

Validation tools confirm payment instructions and reduce errors

Automate repetitive payments

Real-time compliance screening

Paper-Based Payments

EBC streamlines your foreign payables and receivables by clearing your foreign denominated cheques and issuing foreign bank drafts that are low cost and clear fast.

Foreign Cheque Clearing

Foreign Currency Cash Letters OR Foreign Currency Collection

End of day reconciliation & cheque status reports

Foreign Bank Draft Issuance

More cost effective than a wire and faster than a CAD-denominated cheque

Available in 30 foreign currencies

Get Better FX Rates in Four Steps

Foreign Exchange Specialist Bank

1. Speak to our team about your payment goals.


Easy onboarding

2. Complete our simplified onboarding package – our team supports you all the way.


Securely Sending Billions in International Payments Every Year

3. Start sending payments with better rates!


International payment solutions for businesses

4. Explore our product suite for more payment solutions.



Contact form.

* Faster method for clearing foreign cheques that is only applicable for cheques denominated in the top 20 foreign currencies and drawn on a foreign bank in the same currency. Subject to certain conditions, including approval of credit limit.