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Global EFT

 

International Payment Services:


Transfer Funds With Reduced Fees

Global EFT is an international payment method facilitating direct bank transfers to applicable bank accounts internationally and optionally in the beneficiary’s local currency. With Exchange Bank of Canada's global EFT, typical transactions fees associated with international payments are reduced providing a cost-effect method of transferring funds around the world.

Growing Accessibility And Popularity

Currently, global EFT is available in Canadian and U.S. dollar currencies in Canada and the U.S., with additional currencies and countries to be added in the future. Global EFT utilizes in-country local clearing networks for security, speed and reliability. These payments have gained attention due to this and are continuing to expand to new countries.

Global EFT Features:

Exchange Bank of Canada offers global EFT as a cost-effective payment method used when sending bank transfers internationally. In-country local clearing networks allow for low fees, which have attributed to its rapidly growing popularity for our customers. Payees can select this payment method for payments to beneficiaries in Canada and the United States, with more countries to be added in the future.