Blog & Press Room

Discover global trends, inspiring customer stories, and how to make the most of your international money transfers.

Explained: What is an IBAN code?

Updated on Thursday, Oct 06, 2022

The International Bank Account Number (IBAN) serves as both a bank identifier and account number. This article will explain this unique numbering system, the history of IBAN codes, and how it differs from other banking systems around the world.

Explained: What is a SWIFT code?

Updated on Tuesday, Oct 04, 2022

SWIFT codes, aka BIC codes, are the backbone of the global financial industry. Find out why they matter to your international money transfer.

Busted: 7 myths about international money transfers

Updated on Thursday, Sep 29, 2022

Sending money overseas doesn’t have to be complicated, confusing, or expensive. It’s time to debunk these myths and improve your international money transfer experience.  

How to target an exchange rate for international transfers?

Updated on Tuesday, Sep 27, 2022

Currency exchanges are part and parcel of international money transfers. But, when life gives you currency conversion losses, there are ways to mitigate the risk and boost savings.

How to Minimize Currency Exchange Risk when Paying Overseas Suppliers?

Updated on Tuesday, Sep 20, 2022

Looking to make a business overseas money transfer? You don’t have to be at the mercy of exchange-rate fluctuations if you know the best methods to hedge currency risk.

Benefits of Paying your Overseas Suppliers in their Local Currency

Updated on Thursday, Sep 15, 2022

Paying foreign suppliers in local currency offers many benefits in the global B2B world, and using a currency specialist is the key to unlocking these benefits.

MTFX Encourages Canadians to Skip the Bank and Save Big on International Money Transfers

Updated on Tuesday, Sep 13, 2022

Sending money internationally via your bank can be costly. MTFX invites Canadians to seek the shelter of competitive exchange rates, low transfer fees and reduced conversion costs.

MTFX Offers Exciting Global Payment Solutions for Businesses

Updated on Thursday, Sep 08, 2022

Discover how to cut costs on forex transfers, streamline international payments, and more ways to save money and make money with an MTFX business account.

Studying Abroad? A Brief Guide for Canadian Students

Updated on Tuesday, Jul 05, 2022

Planning to leave Canada and study abroad? Discover the best way to send money to your destination country, so you don't have to shoestring your budget too much.

Send Money to Pay Overseas Suppliers from Canada

Updated on Thursday, Jun 23, 2022

Many Canadian businesses are looking further afield and sourcing products from overseas suppliers. How can they reduce costs when making international payments?