With visas, work permits, and all other paperwork a foreign worker needs, you have enough to worry about – don’t lose sleep over exchange rates too! Call CanAm (+1 (519) 915-5151) and book the best trades!
Canada is, without a doubt, one of the best countries for immigrants. It embraces multiculturalism, it's one of the safest places on the planet, it has a thriving economy, lots of job opportunities, and it's absolutely gorgeous!
But - if you've recently made Canada your home, or you're planning to, you probably want to know about the factors that will impact your cost of living, such as currency exchange rates.
As you already know, banks love to over-charge for pretty much everything - and exchange rates are not different. Luckily, you now have more options!
CanAm Currency Exchange is your cost-effective bank alternative for CDN to USD trades - or whatever it is you need to exchange.
Did you know that in just the first three months of 2022 the federal government approved 44,200 positions through the TFW program? That's a whopping 73 percent higher than the quarterly average from 2017 to 2021 and it means Canada is bringing in more foreign workers than ever before.
CanAm understands that, like everyone else, international workers want to keep as much of their hard-earned money as possible, so it offers 2.25% lower rates than banks.
How do they do it? Well, the company stays on top of current bank exchange rates and leverages bulk purchases, passing the savings on to you. And, the best part is, if anyone ever offers you a better rate, CanAm guarantees to beat it!
You can book a trade over the phone or online - but if you're in Windsor, you can also come by the office. The friendly staff will be happy to help with anything you need.
Once your trade is booked, the rate is locked and your funds are converted at the agreed-upon rate. All transactions are processed within one business day with no wire transfer charges.
Plus, you will receive a confirmation number, which you can use to trace your transaction at any Canadian bank.
“We recommend opening up a foreign currency account at your current bank,” explained a spokesperson. “As soon as you need the funds converted, call us to book a trade, and we will send the converted funds to your foreign currency bank account within one business day,” they added.
Currently, payments are accepted in debit, cash, wire and electronic funds transfer, eTransfer, and Canadian bank draft.
About CanAm Currency Exchange
From its Winsdor office, the company provides currency trades for private and business clients throughout Canada. Founded in 2017, CanAm is registered and regulated by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC).
A satisfied client said, “Tarek and team are amazing. As a commuter worker, they give me an excellent rate and top-tier customer service. Thank you so, so much!”
Don't have time to go to the bank? Hate talking on the phone? No problem! With CanAm, you can skip the lines and the calls and the exorbitant bank fees. Book your trades online with just a few clicks - go to https://canamcurrencyexchange.com to get started!
