Low-cost and secure money transfers for your business or personal need.
Are looking to send money abroad to Canada for any of the following reasons (or more that may not be included):
- Buying property in Canada?
- Investment in Canada?
- Emigrating to/from Canada?
- Importing to/from Canada?
- Exporting to/from Canada?
- Regular Payments to Canada?
- Repatriation Funds?
- Travel or tourism? (prepaid travel card)
Read enough and ready to send – simply fill in the no obligation form in the right margin and get the ball rolling! A consultant will contact you and get your process on its way.
Looking for more information – Read below for information on money transfers in Canada
Canada general and money info
Canada sees thousands of international students from Asia and the Middle East who will be studying in the major cities for years to come as well as expatriates moving to the country every year. For this reason it has become the hub of the money transfer industry. Canadians and Canadian expats have a great deal of experience in transferring of money to and from Canada, now using online services for transactions.
If you need to make money transfers to Canada, you need to know the following:
- The currency is the Canadian dollar
- You will need to find a secure money transfer service, check online Globalfundi for someone who understands the markets and the online money transfer world
- The internet has brought with it the convenience of online money transfer companies that are highly cost competitive, secure and user friendly compared with transferring through regular banks
Find out more about fund transfer today by contacting us or to send money online fill out the MONEY TRANSFER QUOTE FORM now! Form is located in the right margin of the page!
Did you know about the Canadian Currency?/
Way back in the early days of Canadian history, Canada decided to use a new money rating system called the Halifax rating. This new system meant that the Canadian pound (now the dollar) was equal to 4 US dollars.
In the 1800′s there were huge political and historial fights over whether to use the sterling or decimal monetary system based on the US dollar. Canadians for reasons of trade and business increasing with the USA, decided to copy the US Dollar or at least mimmic it. However the authorities in London still preferred the idea of sterling to be the sole currency throughout the British Empire. In the mid 1800′s the Legislative Council and the Legislative Assembly of Canada brought in a new act introducing a pound sterling unit in conjunction with decimal fractional coinage. The idea was that the coins would correspond to exact amounts in relation to the US dollar.
So putting British and Royal mentatlity asside the Legislative Council and Assembly of Canada introduced the gold standard into Canada, based on both the British gold and the American gold coins. This gold standard was introduced with the gold sovereign being legal tender at £1 = $US4.86 2⁄3. The British government then allowed for a decimal coinage but certainly hoped that a Canadian sterling unit would be chosen under the name of ‘royal’. this didn’t happend and the decision was made to introduce a decimal coinage into Canada in conjunction with the US dollar unit. Hence, when the new decimal coins were introduced in 1858, Canada’s currency became aligned with the US currency.
Some useless information for all of you to read 
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