Liquidity & settlement
I

Interchange Financial

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Overview

Interchange Financial is a Canadian currency service that separates non-cash foreign exchange on bank accounts from the exchange of banknotes. It serves private individuals and companies and is run by Interchange Financial Corporation.

Services

  • Currency exchange on bank accounts
  • Cash currency exchange

The distinction matters in practice. Account-based exchange suits larger or recurring payments where the money moves between bank accounts, while banknote exchange covers travellers and businesses that need physical foreign currency in hand.

Clients and market

Both individuals and companies are listed. The market is Canada, and the website is in English. Only fiat currencies are involved.

Terms to confirm

Supported currencies, exchange margins, fees, limits, delivery of banknotes and branch locations are not listed. The regulatory status of the company, including any registration as a money services business, is also not stated, and should be checked together with the partner banks used for account-based exchange before a first transaction.

What they do

Geography · 1

Canada

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