Windsor CDN To USD Currency Trades For International Workers, Low Fee Launched
Dec 5, 2022
A Windsor currency exchange (+1 (519) 915-5151) is now offering low-fee trades for international workers in Canada.
Windsor,Canada - December 5, 2022 /PressCable/ —
As Canadian companies move to fill more positions with temporary foreign workers, CanAm Currency Exchange is now positioning itself as the cost-effective bank alternative for CDN to USD exchanges.
The Globe and Mail reports that, in just the first three months of 2022, the federal government approved 44,200 positions through the TFW program – 73 percent higher than the quarterly average from 2017 to 2021. In light of this, CanAm introduced a new service to help immigrants reduce the overall cost of living. As such, it offers 2.25% lower currency exchange rates than banks and guarantees to beat any offer.
The company explains that due to its large transactional volume and purchasing power it can buy in bulk, thus passing the savings on to clients. Additionally, unlike banks, it does not charge additional fees to cover operational costs.
As part of the new service, the company offers both over-the-phone and online booking. Once a trade is booked, the rate is locked and the client’s funds are converted at the agreed-upon rate. For all trades, CanAm provides a written confirmation on the locked rate before any funds are transferred. All transactions are processed within one business day with no wire transfer charges. Clients will also receive a confirmation number, which they can use to trace their transactions 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!”
Interested parties can learn more at https://canamcurrencyexchange.com
Contact Info:
Name: Viv
Email: Send Email
Organization: CanAm Currency Exchange
Address: 3234 Dougall Avenue, Windsor, ON N9E 1S6, Canada
Phone: +1-519-915-5151
Website: https://www.canamcurrencyexchange.com
Source: PressCable
Release ID: 89086008
If you detect any issues, problems, or errors in this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 8 hours.
More News
The VW Bus, Now Electrified, Keeps on Truckin’
A restored version of Volkswagen’s Flower Power-era Microbus, kitted out by Kindred Motorworks, is aiming for the affluent, while VW’s own E.V. is slow to get moving, much like its forebear.
People playing loud music on buses could face £100 fine
Antisocial behaviour on buses in England could lead to fines while a new campaign is also being launched for trains. A national campaign asking rail passengers "share the carriage, not the noise" is being launched.
What are the new faces coming to UK bank notes?
Banknotes are getting a nature-themed makeover – and the Bank of England has revealed the four creatures that will feature on our money.
Musk and Anthropic pledge public share giveaways
Musk's announcement comes after Anthropic pledged to create a public benefit fund ahead of its blockbuster stock market listing.
Art Basel Las Vegas? The Fight Over Miami Beach’s Fair
After 18 months of negotiations and warnings that it might relocate to Nevada, the Art Basel fair will remain in Miami Beach through 2031.
U.S. Political Money Funnels to Indian Bots to Lure Voters
At least three dozen videos of people on the street expressing support for a Democratic candidate appeared millions of times on social media. It was unclear who paid for them.
What is the Budget and what could be in it?
Chancellor John Healey will set out his plans for UK taxes on 28 October.
China's growth accelerates as AI boom helps boost exports
Exports have helped offset weak spending at home, but trade tensions and AI doubts cloud its outlook.
Charities 'busier than ever' with furniture poverty
Charities in Hampshire tell the BBC that furniture poverty is becoming an increasing problem.
Strong Exports Stabilize China’s Economic Growth in Official Statistics
A prolonged housing crash, sluggish consumer spending and plunging investment have left China dependent on exports to keep the economy growing.
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies says the country has been "bundled together" in measures aimed at curbing cheap imports.
Don't fall for this - how to protect yourself from AI scams
Trading standards officers say AI is "super-charging" existing scams through clones and fake websites.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.