Can I send an Interac e-Transfer?

No. Payouts in this corridor are bank transfers addressed by institution, transit and account number. Interac e-Transfer by email or phone is not a payout destination.

What is the maximum for a CAD payout to Canada?

CAD 600,000 per payment. The receiving market sets it; XEROF adds no limit of its own. Payment types available: business to business, business to consumer.

Payouts to Canada

Pay Canadian dollars from USDT or USDC

Canada's corridor pays suppliers and contractors in Toronto, Vancouver and Montréal, and the resource and technology companies that invoice in Canadian dollars. XEROF pays CAD to a Canadian bank account from a USDT or USDC balance, business to business and business to consumer, up to CAD 600,000 per payment. Coverage effective 1 October 2026.

How a payout to Canada works

This corridor is for companies paying out. A private client paying a Canadian business settles in USD to their own account first, or uses the United States corridor, because consumer to business payments in CAD are not available.

Payout currency: CAD
Paid to: A bank account in Canada, in the beneficiary's name
Payment types: B2B (business to business), B2C (business to consumer)
Maximum per payment: CAD 600,000 per payment. Set by the receiving market, not by XEROF.
Rails: Local bank transfer in CAD
Funding: USDT or USDC on Ethereum (ERC-20) only
Rate and pricing: You convert in XEROF Online at the live rate; the local-currency leg is priced per corridor and quoted per payment, and the confirmation shows the rate, the fee and the net amount before you commit

Who pays Canadian dollars this way

Illustrative uses of the Canada corridor.

A company settling a Canadian software, engineering or media supplier in CAD.
A business paying Canadian contractors to their own accounts.
A treasury payment to a Canadian distributor or counterparty from a stablecoin balance.

What XEROF needs before the first payment

Beneficiary name, institution number, transit number and account number.
The invoice or contract the payment settles.

A worked example in CAD

Illustrative figures for a payout to Canada; the confirmation in XEROF Online shows the actual rate, fee and net amount before you commit.

You send: USDC 80,000 on ERC-20
XEROF converts: USD 80,000 converted in XEROF Online at the live rate from tier 1 liquidity
Beneficiary receives: CAD to the supplier's account, within CAD 600,000 per payment
Fees on this example: Brokerage fee on the conversion under the Fee Schedule (minimum USD 200 per transaction), plus corridor pricing for the local-currency leg, quoted per payment and shown before you commit

Canadian dollars payouts are priced per corridor: the stablecoin conversion carries the brokerage fee (minimum USD 200 per transaction), and the CAD leg, FX and the local rail, is quoted per payment and shown before you commit. The brokerage tiers are on the pricing page.

Common questions

Can I send an Interac e-Transfer?: No. Payouts in this corridor are bank transfers addressed by institution, transit and account number. Interac e-Transfer by email or phone is not a payout destination.
What is the maximum for a CAD payout to Canada?: CAD 600,000 per payment. The receiving market sets it; XEROF adds no limit of its own. Payment types available: business to business, business to consumer.

Maximum sizes for Canada are set by the receiving market. Availability is subject to sanctions screening, XEROF's risk appetite and our payment partners' requirements, and may be varied or suspended; see the full coverage table. Indicative and not an offer.

Where to next

Pay Canadian dollars in Canada from a stablecoin balance through a Swiss-regulated counterparty. Open an account online as a company or an individual; payouts are available once onboarding is complete.

Talk to our team Open account