10 reasons why TransferMate is #1 Payment Provider in Canada

World map where Transfermate is #1

TransferMate is a global payments provider which offers extremely competitive exchange rates to thousands of Canadians companies. Incorporating technology into our service has allowed us to always offer the most innovative service possible.

As a result we believe we have a number of benefits which go over and above the competitions.

Faster payments

TransferMate process payments through a network of bank accounts across the globe. This allows us to process payments within a single day which is three to five times faster than the competition.

Better Exchange Rates

We can access the interbank currency rates because we have bank accounts with Canadian and US banks. This allows us to offer exchange rates which are extremely competitive. We guarantee that we will not be beaten on price, view Live Exchange Rates

Lower Transfer Fees

When you use a bank to transfer money, this process requires a number of banks to process the payment and this is where you can incur the cost of the transaction. When you use our service, we are the sole operator within the process which is why we have no transaction fee on transfers over $1,000 CAD.


As one of the world’s largest global payment specialists, TransferMate is regulated in more countries than virtually any bank. Our global compliance team manage regulation across 28 countries in Europe, Australia, New Zealand, Jersey, Canada and the US. Our website uses Secure Socket Layer (SSL) Security, 256-bit encryption to protect your transaction details. 256-bit encryption is the latest and strongest data encryption techniques commercially available for securing information among you, our client and our website. View the full list on our Regulations page.


TransferMate have a dedicated team which are always here to help. You can call us at + 647 724 2412, email canada@transfermate.com or use the online chat feature.

24 hour online system

We understand that ‘Money Never Sleeps’ and typical business hour do not stand any longer. Our online platform is accessible 24 7.

24 hour customer service

We know that banks tend to work according to traditional hours, whereas we like to suit our service to your business needs. Our customer service is open 24 hours of every business day.

Integrate with your Account software

TransferMate have developed key partnerships with Quickbooks across both the Desktop and Online version. TransferMate created a customized Add-On whether you use Quickbooks or Quickbook Online which is free for you to use. This Add-On allows you to book payments within your accounting platform, it will organise the double entry book keeping for you and allows you to benefit from better exchange rates.

Trusted by Canadian businesses

We offer a service which is completely transparent between TransferMate and our Canadian clients. Check out what clients have to say about us.

Automated payee notifications

When you make a payment to a US vendor, the beneficiary will receive an email outlining that a currency transfer is on the way including the expected time that they should receive it by. Our clients love this simple feature as everyone knows what is happening and they can expect to receive the money.

Sign Up for Free

Creating an account with us today is free. What I would suggest afterwards is that you compare us against the banks for a past transfer and see how much you will save in the future. Afterwards I would download the Add-On to connect your accounting software with your TransferMate account.

Sign up now

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