Case Studies

The following are real case studies or transactions made by our clients. The clients' names have been changed to protect their confidentiality.

Case Study - Private Client

After having just moved from the UK to Canada, Peter was awaiting the proceeds from the sale of his house in the UK which he sold for £300,000.

Peter called his UK bank and was offered a CAD/GBP rate of 0.5345, meaning he would receive C$561,272. The bank also wanted to charge a £30 fee or approximately C$60.

Peter then called CanadianForex and asked for a rate for him to sell £300,000 in exchange for Canadian Dollars. CanadianForex quoted 0.5250 meaning he would receive Canadian Dollars C$571,429 and there was no fee to pay.

Peter saved: C$10,156 on the rate
C$60 on the fee
C$10,216 TOTAL

Case Study - Corporate Client

John a Canadian based importer needed to buy US$50,000 in exchange for Canadian Dollars to pay for products purchased from his supplier in China.

John called his bank and received a USD/CAD rate of 1.1950, resulting in a Canadian Dollar cost of C$59,750. The bank also wanted to charge a C$30 fee.

John then called CanadianForex and asked for a rate for him to buy US$50,000 in exchange for Canadian Dollars. CanadianForex quoted 1.1810 resulting in a Canadian Dollar cost of C$59,050 and there was no fee to pay.

John saved: C$750 on the rate
C$30 on the fee

C$780 TOTAL

Call us or register (it's free) and get immediate access to the latest dealing rates. 


Make an enquiry
* Denotes a mandatory field.
(Country code/Area code/Number)

Next Steps

Related Info

Currency Converter

select
select
Rate: 1.0062
=
Rate: 0.9938
=
Go
See My FX Dashboard for more info

Register Free

Registration is quick and easy. Access live customer rates, free tools and make international payments.

Register today
Already registered? Login
Get free rate alerts
 / 

: Choose ccy pair and enter the exchange rate. An alert will be triggered when the exchange rate is reached and an email will be sent to you. You can unsubscribe any time and your email address is safe – see our Privacy Policy.
Get our free commentary
Commentary: Stay on top of the news with updates from our expert dealers on the latest currency movements. You can unsubscribe any time and your email address is safe – see our >Privacy Policy.
Keep me up to date: RSS

Mobile Forex trading tools

Make money transfers or currency conversions on the go via our mobile site, iPhone or Android apps. Learn more here

Banners

Sitemap

You're in good hands:

© 2011 Copyright CanadianForex Limited

The CanadianForex service is owned and provided by CanadianForex Limited [CN: 674939-9] ("CanadianForex"). Any reference on this page to "we", "us", or "our" is a reference to CanadianForex.

CanadianForex is part of the global OzForex Group and is a wholly owned subsidiary of OzForex Pty Ltd (ACN: 092 375 703), an Australian company, whose shareholders include Accel Partners and the Carlyle Group in the US, and Macquarie Bank in Australia.
 
Where any information is provided by CanadianForex, it is done so without considering the investment objectives, financial situation and particular needs of any person. Before acting on any general advice, you should consider its appropriateness to your circumstances. To the extent permitted by law, CanadianForex makes no warranty as to the accuracy or suitability of any information and accepts no responsibility for errors or misstatements, negligent or otherwise. Any quotes given are indicative only. The information may be based on assumptions or market conditions and may change without notice. No part of the information is to be construed as a solicitation to make a financial investment.

DISCLAIMER: CanadianForex makes no warranty, express or implied, concerning the suitability, completeness, quality or exactness of the information and models provided in this web site. Read full disclaimer.

CanadianForex provides international money transfer services to private clients and business customers. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service.