Currency Exchange Toronto - World Money Pay

World Money Pay® – Foreign Exchange, International Remittance & Payments. Buy and Sell USD Foreign Currency. Get Exchange Rates Up to 2% Better Than Banks. Contact Us to Start Saving Today! Highly Secure Process. Cheapest Exchange Fees. Best Rates Guaranteed. FINTRAC-Regulated. MSB Registration Number #M18879370.

Law and Jurisdiction in Canada

Our relationship shall be governed and interpreted in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein. Any dispute, which cannot be resolved between us, shall be resolved in the courts in the Province of Ontario.

Personal Information and Payment Security

Please visit our Privacy Policy page to find out how we collect and use your personal information. By using the Website (, you consent to such collection and use and warrant that all information provided by you is accurate. You agree that we may use personal information provided by you in order to conduct appropriate anti-money laundering and fraud checks. Personal information that you provide may be disclosed to a credit reference agency which may keep a record of such information.

Alteration of Terms

World Money Pay may, at any time, with immediate effect, change, suspend or withdraw the Website, the Service and these Terms and Conditions without notice and without liability to you. If we revise these terms, we will post the revised version on the Website. You are expected to review our Terms and Conditions from time to time to take notice of any changes we make and prior to completing each foreign exchange transaction, as they are binding on you. By using the Website ( or the Service or by placing orders after we have changed these terms, you will be accepting the changes.

These Terms and Conditions were last updated on March 26, 2019.

In 2016, online transfers continued their remarkable growth expanding to 177 million transactions worth $68 billion. EFT payments have become the most common form of remote commercial payment, growing to account for more transaction volume than cheques by a large margin.

World Bank data sets the number at US$613 billion that was sent in remittances worldwide in 2017. In the same year, Canada received US$1.3 billion in remittances which represents 0.22% of total remittances sent worldwide. On the flipside, the US$24.6 billion that we sent overseas represents a much larger 4% of total remittances sent.

Canada sends over $30 billion in remittances worldwide every year.

Country Rank volume percentage of Total Remittances Sent from Canada
China 1 $5,387,225,438 17%
France 4 $1,685,755,792 5%
Germany 8 $1,052,950,815 3%
India 2 $3,739,767,801 12%
Italy 5 $1,393,745,585 4%
Lebanon 7 $1,108,807,017 3%
Philippines 3 $3,080,379,015 10%
United Kingdom 10 $739,213,877 2%
United States 9 $860,574,646 3%
Vietnam 6 $1,238,597,075 4%
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Online Currency Exchange Canada

World Money Pay® - foreign exchange, international remittance & payments. Buy & Sell Foreign Currency. MSB Registration Number #M18879370.Top 10 remittance recipients in 2015 ($US billions): India ($72.2bn), China ($63.9bn), the Philippines ($29.7bn), Mexico ($25.7bn), Nigeria ($20.8bn), the Arab Republic of Egypt ($20.4bn), Pakistan ($20.1bn), Bangladesh ($15.8bn), Vietnam ($12.3bn), Indonesia ($10.5bn)

Online Foreign Exchange Canada