Corporate Cash Management
Bulk foreign cash, scheduled currency orders and large exchanges — counted, documented and ready when you need them.
Corporate cash management, done properly.
For businesses that handle physical cash: we supply foreign banknotes in volume, buy back the foreign currency your business takes in, and set up scheduled orders so the cash is counted and waiting when you arrive. Large amounts are handled with the identity checks and reporting Canadian law requires.
What you get
Bulk foreign banknotes
USD, EUR, GBP and other currencies in volume — order ahead and collect.
Buy back foreign cash
Convert the foreign currency your business receives back into CAD at our live rate.
Scheduled orders
Weekly or monthly currency orders, prepared and counted before you arrive.
Compliant large cash
Cash transactions of $10,000 or more are recorded and reported to FINTRAC, as required by law.
How it works
- 01Open a corporate account with us once
- 02Tell us the currencies, amounts and schedule
- 03We prepare and count the cash for each order
- 04Collect at our office with ID; every transaction is receipted
Built for businesses that move money abroad.
- Travel, tour and event companies
- Businesses paying overseas staff or vendors in cash
- Retailers and restaurants taking foreign cash
- Companies with regular cross-border cash needs
What we need to open your account
- Articles or certificate of incorporation and your business number
- Government photo ID for each director or authorized signing officer
- The names of beneficial owners holding 25% or more, as FINTRAC requires
- A short description of your business and the payments you expect to make
You provide these once. As a FINTRAC-registered Money Service Business we're required to verify every corporate client before the first transaction.
More for business
All business services →- Import & export payments Pay overseas suppliers and receive from foreign buyers — at interbank rates, on your schedule. Learn more →
- FX concierge A dedicated dealer who knows your business, your currencies and your deadlines. Learn more →
- Supplier invoice payments Pay supplier invoices anywhere: international wire (TT) or Alipay for suppliers in China. Learn more →
- Corporate cheque cashing Turn business cheques into cash or a transfer — without waiting on a bank hold. Learn more →
Questions
How much notice do you need for a large cash order?
Call a day or two ahead for larger amounts or less common currencies, so the notes are counted and ready when you arrive.
Do you report large cash transactions?
Yes. As a FINTRAC-registered MSB we record and report cash transactions of $10,000 or more, as Canadian law requires for every money services business.
Can you buy back foreign cash my business receives?
Yes. Bring the foreign banknotes and we convert them into Canadian dollars at our live rate, with a receipt for your records.
Is Diplomat Exchange licensed?
Yes. Diplomat Exchange Inc. is registered with FINTRAC as a Money Service Business under MSB number M23907027, and follows Canadian record-keeping and reporting requirements on every transaction.