Paying US suppliers is the single largest FX cost for many Canadian businesses. CurrencyMate converts CAD to USD at competitive pricing and settles eligible major-currency payments same-day, subject to cut-off times, reducing the cost of every USD invoice.
Paying US suppliers is the single largest FX cost for many Canadian businesses. CurrencyMate converts CAD to USD at competitive pricing and settles eligible major-currency payments same-day, subject to cut-off times, reducing the cost of every USD invoice.
When a large USD invoice is coming due in 30–90 days, a forward contract lets you lock in the CAD/USD rate today. That turns a variable cost into a fixed one and protects your margin on the underlying deal.
