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Pay overseas contractors and suppliers from your Canadian bank account. Same day. Under 1%.

Fund in CAD by Interac e-Transfer or wire. We convert and pay out in USDC — one payee or a batch of two hundred — with settlement typically the same business day and an all-in fee under 1%. For Canadian companies that are done waiting three days and paying 3–5% for a wire.

At a glance
All-in feeUnder 1%FX spread + platform fee; network fee at cost (~$1)
SettlementSame business dayTypical, for funds received before {{ fee.F41b }}
Minimum{{ fee.F20b }}Per batch; no monthly minimum
PayoutUSDC · USDT · EURCTo payee wallet; local-currency payout in select corridors

How it works in three steps

Corporate onboarding 3–5 business days
01Verify your company (KYB)Incorporation documents, directors and 25%+ beneficial owners, one authorised signatory. Done once.
02Fund by Interac e-Transfer or EFTFrom your Canadian business account into your dedicated CAD settlement account. USD funding by wire also accepted.
03Batch payout in USDC, USDT or EURCUpload a CSV or enter payees. We convert at the locked rate and pay every wallet in one run — with a statement per payee.
Comparison

Versus Wise and a bank wire

Figures are indicative and depend on corridor and volume. Where the payee needs local currency and a partner corridor is not yet live, Wise or a wire may still be the better choice — we will tell you.

TokenNest (USDC)
Wise Business
Bank wire (SWIFT)
All-in cost on CAD 50,000
Under 1% · ≈ $400 CAD
0.6–1.5% + fixed fee · ≈ $500–800
$30–50 fee + 2–4% FX · ≈ $1,000–2,000
Time to payee
Same business day (typical)
Same day to 2 days, corridor-dependent
1–5 business days
Batch payouts
Yes — CSV, one run
Yes
Manual, per wire
Corridors
Any USDC wallet; local-currency in select corridors
~70 countries, capped per corridor
Most countries via correspondents
Amount limits
{{ fee.F22b }} per batch
Per-corridor caps
Bank-set
Payee receives
USDC, USDT or EURC — spendable or converted locally
Local currency
Local currency, minus intermediary fees
Traceability
On-chain, immediate
Reference number
Trace request via bank
Regulated by
FINTRAC MSB · Revenu Québec MSB
FINTRAC MSB
OSFI-regulated bank

Comparison figures to be validated against current published pricing before campaign launch.

Compliance proof points

What your bank and auditor will ask

✓FINTRAC-registered MSBM23982356 — dealing in virtual currency; verifiable in the public registry.
✓Revenu Québec licence21285 — one of the few platforms licensed to serve Québec businesses.
✓KYB on every payerCorporate documents, directors and 25%+ beneficial owners verified before the first payment.
✓Every payee screenedRecipient wallets checked with blockchain analytics; sanctions and PEP screening on both sides, every time.
✓Travel Rule compliantOriginator and beneficiary information travels with each transfer as required.
✓Records your bank acceptsPer-payment statements reconcile invoice → CAD funding → on-chain transaction.

Full approach, Travel Rule and country policy: Compliance page.

Countries

Where we pay — and where we don't

Payers must be Canadian-incorporated companies with a Canadian bank account. Payees can be in any country not on the excluded list, receiving USDC, USDT or EURC to a wallet they control — or local currency in partner corridors.

Stablecoin payout · worldwide

USDC, USDT, EURC and other major stablecoins to any wallet your recipient controls, in any country not under Canadian sanctions.

Local currency · pay in and pay out

United States · United Kingdom · Canada · Europe (EUR) · Brazil · Mexico · Colombia — bank-account settlement via payout partner.

Not served

Jurisdictions under Canadian sanctions (incl. Russia, Belarus, Iran, North Korea, Syria, Myanmar) and FATF high-risk jurisdictions subject to a call for action. Full policy on the Compliance page.

Pre-qualification

Tell us who you pay

Two minutes. We confirm the corridor, limits and KYB documents you'll need, then a person calls you back within one business day.

✓Thanks, {{ pqName }}.We've sent a copy to {{ pqEmail }}. Someone from the business team will call within one business day about paying {{ pqCountriesLabel }}.
Recipient countries
You pay
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FAQ

Frequently asked questions

All questions →
Does my supplier need a crypto wallet?For USDC payout, yes — any wallet that supports the network we send on. For local-currency payout in supported corridors, no; the partner delivers to their bank account.
What if the stablecoin moves in price?USDC is a US-dollar stablecoin. The CAD/USD rate is locked when you confirm the batch; the payee receives the USD amount on the invoice.
How do I account for it?Each payment produces a statement linking invoice, CAD debit, FX rate and on-chain transaction hash. Exports for QuickBooks / Xero.
Can I pay contractors' payroll monthly?Yes. Save payees once; re-run the batch each cycle. Limits are set at onboarding based on expected volume.

Stop paying 3% and waiting three days.

Check my eligibilityTalk to the team