Warning: exif_imagetype(https://payspacemagazine.com/wp-content/uploads/2018/10/moneytransfer4.jpg): failed to open stream: Connection refused in /home/deploy/sites/payspacemagazine.com/wp-includes/functions.php on line 3314

Warning: file_get_contents(https://payspacemagazine.com/wp-content/uploads/2018/10/moneytransfer4.jpg): failed to open stream: Connection refused in /home/deploy/sites/payspacemagazine.com/wp-includes/functions.php on line 3336

Warning: exif_imagetype(https://payspacemagazine.com/wp-content/uploads/2018/10/moneytransfer4.jpg): failed to open stream: Connection refused in /home/deploy/sites/payspacemagazine.com/wp-includes/functions.php on line 3314

Warning: file_get_contents(https://payspacemagazine.com/wp-content/uploads/2018/10/moneytransfer4.jpg): failed to open stream: Connection refused in /home/deploy/sites/payspacemagazine.com/wp-includes/functions.php on line 3336
News

TransferWise brings one of its services to the new market

Bringing the service to Canada is another step towards modernizing international banking

TransferWise for Banks

TransferWise brings one of its services to the new market. Source: shutterstock.com

TransferWire for Banks is currently available in Canada meaning that financial institutions can integrate with TransferWise. This way, they can provide their clients with cheaper, faster, and transparent payments to 70+ countries and 40+ currencies.

EQ Bank is the first Canadian bank to partner with TransferWise. The bank can integrate TransferWise’s API directly into its own infrastructure. It means that EQ Bank customers can send money right from their Savings Plus Account at the real exchange rate, paying only TransferWise charge.

Due to their collaboration, EQ Bank clients also get fast, cross-border money transfers.

SEE ALSO:

Pay Space

7188 Posts 0 Comments

Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.