Need to send money quickly and securely overseas? Have an invoice to pay from an international supplier or consultant? Make your International payment process efficient and cost-effective with Telpay for $2 a payment. Save on expensive wire transfer fees and take advantage of a 1% difference compared to bank rates.
Get an International Currency Account and start making secure electronic payments in major currencies.
Make payments on one system and download the journal entry into an accounting package.
Get instant competitive rate quotes anytime you need to make a payment in most foreign currencies from our International Currency Exchange partner, Payline by ICE.
Easy. Smart. Secure
- Click to retrieve spot rate, 60 seconds to approve/reject quote.
- Single/dual signing authorization, just like your cheques.
- Approve payments while away from the office.
- Telpay notifies suppliers of payment by email or fax.
- Accountant tested with clear audit trial and strong reporting.
How does it work?
Sign Up & Make Payments
Sign up for an International Currency Exchange Account with Payline by ICE. Enter information payment information into software.
Approve Rate & Fund Payment
Review and approve payments entered then retrieve and accept your exchange rate quote. Fund your payments to Telpay with online bank transfer. Transmit the payment to Telpay.
Funds will be deposited into the identified account within 48-72 hours.
Who is Payline by ICE
Payline by ICE is a Canadian company that seamlessly combines the dedicated expertise of a boutique brokerage with one of the world's most respected foreign exchange specialists.
The payment experts at Payline Financial combined their decades of industry experience with ICE's 35 year history as a world leader in foreign exchange, giving our clients unparalleled personal service and extensive market knowledge.
How Payline By ICE integrates with Telpay
Payline by ICE provides immediate exchange rate quotations for the payments you need to make. With Telpay for Business, payments can be made in currency of the destination country. For accounting purposes, immediate conversion takes place at Bank of Canada rates. When it is time to make the payments, your broker is contacted via the internet and a quote is provided. Once accepted, the payment will be made via the broker and Telpay will email the payment details to the supplier. Any adjustments that may be necessary between the Bank of Canada rate and actual rates will be incorporated into the journal entry generated. Employee payments are made using the funds transfer feature in Telpay for Business.
Need Help? Let's Connect.
- Learn more about electronic payment solutions by joining us for a webinar.
- Call 1-800-665-0302 to get answers directly from our payment experts.
- Complete Online Form and a representative will respond within 1 business day.