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Accounting
Business expense deductions: can you write off transfer fees?
Can Canadian businesses write off international transfer fees? This guide explains the CRA's rules on deducting wire fees and FX costs, the documentation you need, and how to track them for a valid tax claim.
Airwallex Editorial Team
•7 minutes
Transfers
International transfer time: how long do business payments really take?
How long do international business payments really take? This guide breaks down transfer times (1-5 days for wire), explains hidden delays, and shows how modern platforms offer faster cross-border solutions.
Airwallex Editorial Team
•8 minutes
Ecommerce
Shopify payment processing fees: hidden costs killing your margins
Are Shopify payment processing fees killing your profit margins? This guide uncovers the hidden costs of international sales, from FX fees to chargebacks, and shows you how to optimize your payment strategy and save.
Airwallex Editorial Team
•7 minutes
Accounts Payable
Paying European contractors from Canada: tax and cost guide
Paying European contractors from Canada? This guide breaks down complex EU tax rules, withholding requirements, and payment deadlines to help you stay compliant, avoid high fees, and pay your team on time.
Airwallex Editorial Team
•8 minutes
Transfers
Bank transfer limits Canada: why can't I send large amounts overseas?
Why can't Canadian businesses send large amounts of money overseas? This guide explains bank transfer limits, new 2025 AML rules, and how to use alternative providers to overcome these restrictions.
Airwallex Editorial Team
•8 minutes
Accounts Payable
Paying Chinese suppliers from Canada: cheapest methods 2025
Paying Chinese suppliers from Canada? This 2025 guide compares the cheapest payment methods—from bank wires to digital platforms—to help you avoid high fees, failed transfers, and supply chain delays.
Airwallex Editorial Team
•7 minutes
Business banking
How much Canadian banks really charge
Sending money overseas from Canada? This guide exposes how much Canadian banks really charge, breaking down hidden FX markups and fees from RBC and CIBC to show you the true cost of your international transfers.
Airwallex Editorial Team
•6 minutes
Online payments
Best Payoneer alternatives for Canadian businesses (2025 guide)
Looking for a Payoneer alternative for your Canadian business? This 2025 guide compares top platforms like Airwallex, Wise, and Revolut on costs, compliance, and features to help you navigate international payments.
Airwallex Editorial Team
•8 minutes
Start-ups
Business number Canada: How to get CRA registration fast
Starting a business in Canada? This 2025 step-by-step guide shows you the fastest way to get your CRA Business Number, including the documents you'll need and how to avoid common application delays.
Airwallex Editorial Team
•7 minutes
Transfers
International transfer fees calculator: Canada business banking costs
What's the real cost of an international transfer from Canada? This guide provides a fee calculator, breaks down hidden bank costs like FX markups, and shows how modern platforms can save your business money.
Airwallex Editorial Team
•7 minutes
Transfers
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
Business banking
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
Transfers
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
Accounts Payable
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
Accounting
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
Finance operations
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
Working capital
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
Finance operations
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
Finance operations
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
Accounts Payable
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
Business banking
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
Accounts Payable
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
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
Online payments
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