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Calforex Currency Exchange offers best rates on foreign exchange

Calforex Currency Exchange offers the best rates on foreign exchange for cash, bank drafts, wire transfer, ACH, and more. With over 120 currencies in stock and exchange rates way better than the banks, Calforex saves you money over the banks while providing great service.  With locations across Canada, we have served Canadians for over 30 years and look forward to serving you. Visit your nearest Calforex office today!

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How To Send And Receive A Wire Transfer

For sending or receiving money in the quickest way possible, you may find that a wire transfer offers the best solution. Wire transfers are speedy and reliable, and your money is safe until it. reaches its recipient.

Read on to know more about wire transfers: 

What is a wire transfer?

They are essentially an electronic way of transferring money and in their most traditional sense, they are sent from one bank or credit union to another via a SWIFT or Fedwire network,however, the term ‘wire transfer’ is often used in reference to other forms of transfers, so clarify the type before taking any further action.

Just how fast are wire transfers? 

At their fastest, transfers will move within a day, maybe two, and same-day transfers are available in the US, while for international transfers the time taken will be a little longer, but never usually more than 5 days. Read more about this at https://www.calforex.com/en/currency-services/wires/