All posts

Wire transfer fees Canada: Why so expensive + cheaper alternatives
Why are Canadian wire transfer fees so expensive? This guide breaks down the real costs from banks like RBC & TD—including hidden FX markups—and shows how cheaper alternatives can save your business money.
Airwallex Editorial Team
•5 minutes

USD business account Canada: best options for receiving US payments
Receiving US payments in Canada? This 2025 guide compares the best USD business accounts, breaking down high FX fees from banks and processors to help you find the most cost-effective solution for your business.
Airwallex Editorial Team
•8 minutes

Same day international transfer Canada: Fastest options and real costs
Canadian businesses lose time and money on slow, costly international wire transfers. Discover modern same-day payment solution
Airwallex Editorial Team
•7 minutes

Emergency supplier payment: Fastest transfer when relationship at risk
Facing a supplier ultimatum? When a critical relationship is at risk, slow payments aren't an option. Learn the fastest emergency payment methods and how to build a resilient payment infrastructure to prevent future crises.
Airwallex Editorial Team
•7 minutes

Multi-currency bookkeeping: Simplifying Canadian business accounting
For Canadian businesses, multi-currency bookkeeping is complex. This guide covers managing exchange rates, CRA compliance (GST/HST), and how integrated accounting software can simplify your global financial operations.
Airwallex Editorial Team
•8 minutes

Failed international payment: What to do when transfer doesn't arrive
Your international payment failed. What now? This guide explains why transfers fail, the immediate steps to trace and recover funds, and how modern payment platforms can prevent these issues from happening again.
Airwallex Editorial Team
•9 minutes

Bank exchange rate markup: How much are you really paying?
Don't let hidden exchange rate markups eat into your profits. Learn how to calculate the true cost of your international transfers and discover how modern platforms offer transparent pricing to save your business money.
Airwallex Editorial Team
•7 minutes

CRA international payment reporting: what businesses must declare
Navigating 2025's complex cross-border payment reporting is crucial for Canadian businesses. This guide breaks down the new rules, from ISO 20022 and CARF to updated FATCA/CRS obligations, to help you stay compliant.
Airwallex Editorial Team
•8 minutes

FINTRAC compliance 2025: New AML rules for Canadian businesses
Canada's new "Strong Borders Act" brings a seismic shift to FINTRAC compliance in 2025. With AML penalties increasing 40x, this guide breaks down the new rules and what your business must do now to stay compliant.
Airwallex Editorial Team
•9 minutes

Recurring international payments: Preventing failed transfers
Failed recurring international payments disrupt your business. Learn how to prevent rejections with proper data validation, batch processing, and automation to build a reliable cross-border payment system.
Airwallex Editorial Team
•7 minutes

Digital vs traditional banking: speed and cost for international payments
For Canadian businesses, traditional banks mean slow, costly international payments. Discover how digital platforms offer faster transfers, transparent pricing, and greater efficiency to boost your global competitiveness.
Airwallex Editorial Team
•8 minutes

Supplier payment automation: Reducing manual processing costs
Manual supplier payments are costing your business time and money. Learn how payment automation, bulk processing, and API integration can reduce manual work, cut costs, and improve your accounts payable efficiency.
Airwallex Editorial Team
•8 minutes

Business banking documents: Avoiding account opening delays
Don't let documentation delays stall your business. Learn what documents you need to open a business account, how to avoid common pitfalls, and how modern providers streamline the KYC and AML verification process.
Airwallex Editorial Team
•13 minutes

Freelancer international payments: Getting paid faster from global clients
Getting paid by international clients? This guide helps freelancers get paid faster by comparing payment methods, optimizing invoices, and using modern platforms to reduce fees and client friction.
Airwallex Editorial Team
•10 minutes

GST on international software: When Canadian businesses pay tax
Do Canadian businesses pay GST on international software? This guide explains the rules, including the reverse charge mechanism and input tax credits, to help you stay compliant with the CRA on your SaaS purchases.
Airwallex Editorial Team
•9 minutes

Business banking switch: When does changing actually save money?
Wondering if switching your business bank is worth the hassle? This guide breaks down how to calculate the true ROI, factoring in hidden fees, switching costs, and potential savings to see if a change makes financial sense.
Airwallex Editorial Team
•9 minutes
Multi-currency virtual cards: Pay global vendors without FX conversion nightmares
Eliminate FX conversion nightmares when paying global vendors. Learn how multi-currency virtual cards help your business pay in local currencies, cut hidden fees, and gain real-time control over international spending.
Airwallex Editorial Team
•9 minutes
Virtual card issuing Canada: Create unlimited cards for all departments
Empower your finance team with virtual card issuing in Canada. Create unlimited, department-specific cards for granular budget control, real-time visibility, and streamlined expense management across your entire business.
Airwallex Editorial Team
•10 minutes

Wise alternatives for Canadian companies in 2025
Is your Canadian business outgrowing Wise? This guide compares top Wise alternatives like Airwallex and KOHO for when you need more than just basic international transfers.
Airwallex Editorial Team
•7 minutes

2025 Comparison: Airwallex vs Wise Canada – Which Handles CAD-USD Transfers Better?
Choosing between Airwallex and Wise for CAD-USD transfers? This 2025 guide for Canadian businesses compares fees, exchange rates, and features to help you decide.
Airwallex Editorial Team
•5 minutes

Payoneer Exits Quebec: Why Canadian Businesses Are Switching to Airwallex for Global Payments
Facing payment uncertainty in Quebec due to new regulations? Discover how businesses are switching to global financial platforms like Airwallex for reliable cross-border payments.
Airwallex Editorial Team
•7 minutes

Business expense cards that work internationally from Canada
Discover how Canadian businesses can overcome the challenges of cross-border spending. Learn about modern international expense cards from providers like Airwallex that offer multi-currency support, lower fees, and real-time tracking to optimize global financial operations.
Airwallex Editorial Team
•9 minutes

Virtual debit cards Canada: Same-day approval for international purchases
Virtual debit cards for Canadian businesses offer same-day approval for international payments. Get instant multi-currency purchasing power with enhanced security and lower fees to pay global suppliers without delay.
Airwallex Editorial Team
•7 minutes

International debit cards for Canadian startups: Same day approval process
Canadian startups: Get same-day approval for international debit cards. Pay global suppliers and empower your team instantly with multi-currency virtual cards to seize opportunities without delay.
The Airwallex Editorial Team
•9 minutes