International transfers for businesses
Pay your overseas suppliers or employees at any time using our online services.
Why use international money transfers?
International transfers allow you to send money to any business or person with an account outside Canada. It’s available for most countries and several currencies through either SWIFT or international direct deposit.
Convenient
Transfer money to most countries and in a wide variety of currencies.
Easy
Send international transfers online via AccèsD Affaires or in person at your caisse or credit union.
Secure
Rest easy knowing that your transfers are protected by a security feature.
SWIFT
SWIFT is a telecommunications system between financial institutions used worldwide to send funds transfer instructions.
Features
- Available anywhere in the world
- Processing time within 2 business days
1 - 225 destinations available through AccèsD Affaires
- Maximum amount varies based on destination country and your personal authorizations
2 - Choice of several currencies
Fees for SWIFT transfers3
| Destination | On AccèsD Affaires or by phone |
|---|---|
| Canada, United States | $15 |
| United States via Desjardins Bank | $7.50 |
| Other international destinations | $15 |
Information required for SWIFT transfers
To complete a SWIFT transfer, you need the following information about your recipient:
- First and last name
- Home address or business address
- Financial institution branch address
- Banking details based on destination (for example: BIC or Business Identifier Code, also called the SWIFT code, account number, branch name and ID)
- Reason for transfer (for example: reservation, subscription)
Information by country or territory
Select the country or territory you want to send funds to to see what banking information is required, the maximum authorized amount and the currency to use, if applicable.
Africa
Morocco
- Mandatory banking information:
24-digit BBAN (Basic Bank Account Number)
- Daily transfer limit: Unlimited
Americas
Canada
Mandatory banking information:
An 8- or 11-character BIC (Business Identifier Code), also called a SWIFT code. The first 8 characters identify the financial institution and the last 3 identify the branch.
- Institution number
- Transit number
- Account number
- Recipient’s full name
- Recipient’s full address
- Daily transfer limit: Unlimited
United States
Mandatory banking information:
ABA Routing Number
A 9-digit ABA Routing Number, also called a routing number, routing transit number or Fedwire number.
Note: Banks generally use different routing numbers for direct deposits and SWIFT transfers, but in some cases the numbers may be the same.
- Daily transfer limit: Unlimited
Mexico
Mandatory banking information:
An 18-digit CLABE (Clave Bancaria Estandarizada) number
The first 3 digits identify the bank, the next 3 refer to the branch, the next 11 represent the recipient’s account number, and the last one is the check digit.
Some Mexican banks don’t use CLABE numbers for US dollar accounts. Only the account number is required.
- Daily transfer limit: Unlimited
Asia
China
Mandatory banking information:
The 12-digit CNAPS (China National Advanced Payment System) code is required for transfers in Chinese yuan (CNY).
This code identifies the recipient’s bank branch.
To avoid transfer returns or delays, don’t shorten the recipient’s first or last name.
If you don’t have enough space in the Recipient name field, continue on the first line of the Beneficiary address field. Continue in the Purpose of payment field if you need to.
According to Chinese regulations, individuals can only receive funds transfers related to business transactions if authorized by their financial institution. It is your responsibility to verify this with the recipient.
- Daily transfer limit: Unlimited
Oceania
Australia
Mandatory banking information:
A 6-digit BSB (Bank State Branch) number is required for transfers in Australian dollars (AUD).
This code, which identifies the recipient’s bank branch, must be entered in the Identification no. box on the AccèsD Affaires form.
- Daily transfer limit: Unlimited
Other countries and territories
Mandatory banking information:
BIC
A Business Identifier Code, also called a SWIFT code, has 8 or 11 characters. The first 8 characters identify the financial institution and the last 3 identify the branch.
IBAN
An International Bank Account Number is a bank account identifier mainly used in Europe. It varies from country to country and has up to 34 characters.
It often appears on bank statements and invoices of companies and individuals residing in participating countries.
Even if they’re not required locally, some countries might use IBANs. If an IBAN is indicated on the AccèsD Affaires form, we recommend you use it instead of the account number.
- Daily transfer limit: Unlimited
International direct deposit
With international direct deposit, you can deposit funds directly into a business or personal account overseas. It’s an inexpensive way to transfer money to many countries around the world.
Features
- Available in participating countries and territories
- Maximum amount varies based on destination country and your personal authorizations
2 - Processing time from 12 hours to 4 business days
1 - Deposits made in the currency of the destination country or territory
Fees for international direct deposits
| Destination | On AccèsD Affaires | By phone |
|---|---|---|
| Canada – to another Desjardins caisse or credit union | $0.90 | $2 |
| Canada – to a different institution | $0.90 | $5 |
| United States | $4 | $4 |
| United States via Desjardins Bank | $5 | $5 |
| Other international destinations | $8 | $8 |
Information required for international direct deposit
To make an international direct deposit, you need the following information about your recipient:
- First and last name
- Home address or business address
- Financial institution branch address
- Banking details based on destination or transfer method (for example: IBAN code, CLABE code, account number, branch name and ID)
- Reason for transfer (for example: wages, professional services)
Information by country or territory
Select the continent of the country or territory you want to send funds to. For each destination, see what banking information is required, the maximum authorized amount and the currency to use, if applicable.
Africa
South Africa
Mandatory banking information:
BIC (8 or 11 characters)
Address of financial institution
- Daily transfer limit: Unlimited
- Default currency: ZAR
Réunion
Mandatory banking information:
IBAN: FR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
- Daily transfer limit: Unlimited
- Default currency: EUR
Morocco
Mandatory banking information:
24-digit BBAN (Basic Bank Account Number)
- Daily transfer limit: Up to 300,000 Moroccan dirhams or unlimited Canadian dollars
- Default currency: MAD or CAD
Americas
Canada
Mandatory banking information:
Financial institution: 3 digits
Branch: 5 digits
Account number: 7 to 12 digits
- Daily transfer limit: Unlimited
- Default currency: CAD
United States
Mandatory banking information:
9-digit ABA Routing Number
An ABA Routing Number, also called a routing number, routing transit number or Fedwire number, has 9 digits.
Note: Banks generally use different routing numbers for direct deposits and SWIFT transfers, but in some cases the numbers may be the same.
You can only make a direct deposit if the instructions on the AccèsD Affaires form mention ACH (Automated Clearing House). If the account isn’t eligible for ACH transactions, the direct deposit won’t go through.
Make sure you indicate what type of account the money is going to (chequing or savings).
Account number: 4 to 17 digits
Desjardins Bank: 10 digits
- Daily transfer limit: Unlimited
- Default currency: USD
Guadeloupe
Mandatory banking information:
IBAN: FR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
- Daily transfer limit: Unlimited
- Default currency: EUR
French Guiana
Mandatory banking information:
IBAN: FR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
- Daily transfer limit: Unlimited
- Default currency: EUR
Martinique
Mandatory banking information:
IBAN: FR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
- Daily transfer limit: Unlimited
- Default currency: EUR
Mexico
Mandatory banking information:
18-digit CLABE code
The first 3 digits identify the bank, the next 3 refer to the branch, the next 11 represent the recipient’s account number, and the last one is the check digit.
- Daily transfer limit: Unlimited
- Default currency: MXN
Asia
Hong Kong
Mandatory banking information:
BIC (8 or 11 characters)
Address of financial institution
- Daily transfer limit: Unlimited
- Default currency: HKD
India
Mandatory banking information:
BIC (8 or 11 characters)
Address of financial institution
- Daily transfer limit: Unlimited
- Default currency: INR
Singapore
Mandatory banking information:
BIC (8 or 11 characters)
Address of financial institution
Daily transfer limit: Unlimited
Default currency: SGD
Europe
Germany
Mandatory banking information:
8-digit BLZ code
Account number: Up to 10 digits
IBAN: DE + 20 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
- Daily transfer limit: Unlimited
- Default currency: EUR
Austria
Mandatory banking information:
IBAN: AT + 20 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Belgium
Mandatory banking information:
IBAN: BE + 16 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Cyprus
Mandatory banking information:
IBAN: CY + 28 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Denmark
Mandatory banking information:
IBAN: DK + 18 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: DKK
Spain
Mandatory banking information:
IBAN: ES + 24 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Estonia
Mandatory banking information:
IBAN: EE + 20 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Finland
Mandatory banking information:
IBAN: FI + 18 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
France
Mandatory banking information:
IBAN: FR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Gibraltar
Mandatory banking information:
IBAN: GI + 23 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: GBP
Greece
Mandatory banking information:
IBAN: GR + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Ireland
Mandatory banking information:
IBAN: IE + 22 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Italy
Mandatory banking information:
IBAN: IT + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Latvia
Mandatory banking information:
IBAN: LV + 21 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Luxembourg
Mandatory banking information:
IBAN: LU + 20 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Malta
Mandatory banking information:
IBAN: MT + 31 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Monaco
Mandatory banking information:
IBAN: MC + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Norway
Mandatory banking information:
IBAN: NO + 15 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: NOK
Netherlands
Mandatory banking information:
IBAN: NL + 18 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Portugal
Mandatory banking information:
IBAN: PT + 25 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
United Kingdom
Mandatory banking information:
IBAN: GB + 22 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: GBP
Slovakia
Mandatory banking information:
IBAN: SK + 24 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Slovenia
Mandatory banking information:
IBAN: SI + 19 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: EUR
Sweden
Mandatory banking information:
IBAN: SE + 24 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Unlimited
Default currency: SEK
Oceania
New Zealand
Mandatory banking information:
Transit: 6 characters
Daily transfer limit: Unlimited
Default currency: NZD
French Polynesia
Mandatory banking information:
IBAN: PF + 27 characters
IBANs often appear on bank statements and invoices of companies and individuals residing in participating countries.
Example of an IBAN: FR14 2004 1010 0505 0001 3 M02 606 (France)
Daily transfer limit: Up to 50,000 euros
Default currency: EUR
Security
Check current international economic sanctions
Desjardins Group and all financial institutions in its network of foreign correspondent banks are subject to strict regulations on international economic sanctions.
Funds transfers may be temporarily blocked as a result of these sanctions. If your transfer is blocked, you may be asked some additional questions. It will then be either completed or cancelled, depending on your responses.
With some exceptions, a funds transfer cannot be completed if an individual, business, organization, group or country involved in the transaction is directly or indirectly subject to international economic sanctions.
It is your responsibility to make sure that your funds transfer doesn’t violate international economic sanctions.
Look out for fraud and scams
Scammers have creative ways of getting money from their victims. Stay ahead of these threats by learning about different types of fraud.
FAQ
How do I receive an international money transfer?
To receive an international money transfer, fill out the relevant section of the Incoming Wire Transfer (PDF, 167 KB) This link will open in a new window. form, then send it to the person who’s planning to transfer funds to you.
Desjardins’s BIC/SWIFT code for receiving international transfers is CCDQCAMM.
See our Service charges for businesses (PDF, 1.04 MB) This link will open in a new window. brochure to find out what the fees are for international transactions.
How is the exchange rate set?
The exchange rate used is the real-time market rate. Exchange rates are updated live between 7:30 AM and 5 PM on business days.
When the markets are closed (before 7:30 AM and after 5 PM on business days and on Saturdays, Sundays and holidays), Desjardins Group’s Treasury increases the spread between the current buying and selling rates. The spread is readjusted once the markets open.
My recipient says they haven’t received the money. Can I check the status of my transfer?
Yes. To view the status of your transfer, fill out the Investigation Request for Funds Transfer Sent or Received form on AccèsD Affaires in a web browser. Select Transfer, then International transfers and Forms.
Service charges apply as they do to process any request from a bank for inapplicable, refused or returned payments.
Can I make a correction or request a return of funds once my transfer has been sent?
Yes. However, service charges apply as they do to process any request from a bank for inapplicable, refused or returned payments. In addition, the exchange rate for a returned funds transfer may differ from the rate originally used to make the transfer.
Select Transfer, then International transfers and Forms to fill out one of the following forms on AccèsD Affaires in a web browser:
- Funds Transfer – Additional Information Requested by the Investigation Department
Use this form to respond to a request for information if the recipient’s institution is unable to deposit the funds according to your instructions.
If you discover an error in the recipient's name or account number, or to make any other change to your transfer, contact us.
- Funds Transfer Cancellation Request
Use this form to ask for your funds to be fully or partially returned to you due to an error or fraud. Make sure you indicate the reason for your request.