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Finmark Financials

FAQs: U.S. Dollar (USD) Money Transfer

Frequently Asked Questions: U.S. Dollar (USD) Money Transfer


U.S. Dollar (USD) Money Transfer

         Can I transfer U.S. Dollar within Canada?

If you are buying U.S. Dollar from us we can deposit in any bank account in Canada.

         How long it take to receive money in USA?

In most case your recipient receives funds on the same business day if transfer is done before cut-off time. In USA some financial institutions do take longer time to credit client's account.

         Do you offer Cash Pickup in USA?

Currently, we don't offer Cash Pickup in USA.

         What information you need to make account deposit in U.S. Dollar account?

To make a deposit in USA we need following information

- Recipient Name

- Recipient Address

- Account No.

- Bank Name

- Branch Name

- ABA or Routing Number (It is a nine digits number)

         Can I make you payment in U.S. Dollar instead of Canadian Dollar?

If you are transferring funds to USA unfortunately we don't accept U.S. Dollar due to compliance reason. We only accept Canadian Dollar as a method of payment.

         Can I get U.S. Dollar bank draft instead of transfer into an account?

Yes, you can buy U.S. Dollar bank draft from us. This draft can only be deposited in Canadian financial institutions.

         I purchased merchandise for my personal use from USA can I make payment to the merchant in U.S. Dollar?

Yes, you can make payment to your merchant. Just provide merchant account information we can transfer money directly to their bank account. To use this service minimum amount has to be USD1,000

         My children study in U.S. university can I make payment directly to University?

Yes, you can directly make a payment to university account. Just provide us university account information along with Student Name and Student Number.

         I'm an importer can I use your service to transfer money to USA against invoice in U.S. Dollar?

Yes, we provide money transfer service to Businesses. You have to open a business account with us in order transfer money to vendor or supplier against invoice. Compare our rates with your local bank you can definitely save money.

For further information , we appreciate your queries at 1-905 272 3888 anytime

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