International Money Transfer (IMT) for Business
A simple, convenient way to send money to recipients around the globe using ScotiaConnect® Digital Banking
Safely send up to $50,000 from your CAD account to 20 destinations worldwide1
Send USD, INR, EUR and other major currencies from your CAD account |
Receive competitive foreign exchange rates in real time |
Pay an invoice from your international vendors and transfer payments to overseas contractors in local currencies
Quick, convenient, and low-cost option to transfer funds and manage your business abroad
No processing fees or deductions for most destinations, so your recipient receives the full payment amount (subject to certain exceptions2). |
Recipient receives the funds directly in their bank account in as little as 1-3 business days3 |
How to send an International Money Transfer
Log in to ScotiaConnect Digital Banking and follow these steps:
Step 1
Create a recipient profile and assign IMT as payment type |
Step 2
Complete the Create Payment flow |
Step 3
Review and accept quoted FX rate
Frequently asked questions
® Registered trademark of the Bank of Nova Scotia.
1 Payments can be sent to: USA, The Philippines, India, United Kingdom, Jamaica, Dominican Republic, China, Mexico, Australia, Greece, France, Germany, Italy, Portugal, Ireland, Spain, Netherlands, Cyprus, Belgium, Austria
2 Except for payments sent to China and the Philippines. Beneficiary bank deductions are processing fees taken from the value of the payment by any of the banks in the payment chain. Fees subject to change
3 Transaction processing times vary depending on destination country. Transactions can take from 1 – 5 days to reach their destination.