WIRE SERVICE

Calforex provides safe, secure and timely electronic transfers for payments being sent and received internationally. Wire services are the quickest way to send or receive money to or from your suppliers or customers internationally. The payments are traceable and vary in time depending on the beneficiary country.

MARKET ORDERS

Is there a rate you are waiting for? Or do you want to hope for a rate overnight? Calforex can place a market order electronically and once the rate is attained you order is filled and an Advisor will be in contact with you to settle payment.

FREE INTERNAL MESSENGER SERVICE

Free Pickup & Delivery - Our Internal courier service provides prompt and efficient delivery services to your door - Saving you time and money. When payments are exchanged Calforex will save you from going to the bank. Provide us with a deposit slip and our in house messengers will deposit your funds for you.

FOREIGN BANK DRAFTS

Calforex is able to offer foreign currency drafts in a wide range of currencies and our flexible service means they can be delivered to you or deposited into your account. Our drafts are drawn on Canadian and International banks in order to reduce the time your suppliers have to wait in order to receive their money.

FORWARD CONTRACTS

Forward contracts are the oldest and the best known hedging tools, they are used to fix a rate today for a transaction to be settled at some fixed or open date in the future.

A forward contract enables our clients to lock in profit today for a transaction that will be settled in the future without worrying about the risk of fluctuating rates. The term of an open contract should be greater than 4 days and less than 6 months and the term of a closed contract should be greater than 4 days but less than 1 year. A forward rate is not calculated based on speculation of what the markets will do at some point in the future.

RETAIL PREFERRED CLIENT PROGRAM

Once an established corporate client of Calforex, you are welcomed into our retail preferred client program. As a Calforex preferred client you have access to unmatchable commission free cash rates on over 100 currencies and commission free Amex traveler's cheques. Visit our retail page to learn more about the benefits of becoming a Calforex Preferred Client.