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
1. Speak to our team about your payment goals.
2. Complete our simplified onboarding package – our team supports you all the way.
3. Start sending payments with better rates!
4. Explore our product suite for more payment solutions.
Testimonials
In the past, my company used services like World Remit or traditional wire transfers through our bank but EBC has made it super convenient to send money from the comfort of our offices. The service is excellent and the processing times are very quick!
Richard Adejumo, Business Owner
EBC makes paying international suppliers easy and saves us money with great FX rates!
Jeremy Anderson, President
Reliable service, speed of delivery, and feels like teamwork. Trust regarding sending your product first, pay you a day later.
Robert Djonev, Owner
* 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.