Trusted by thousands of leading Canadian companies.†
Benefits
Seamless FX, built for Canadian businesses
Stop overpaying for CAD/USD transfers. Cut hidden fees, unlock rock-bottom rates and skip the USD bank account—so more of your money stays in your business.
Market leading rates with no hidden fees
With Float FX, you can save up to 90%* on FX compared to traditional banks—no extra steps, no hidden fees.
No USD bank account required
Convert currency instantly right within Float. Issue USD cards, send USD ACH payments and wires to vendors and reimburse US-based employees—no USD bank account needed.
Save while spending
Along with Float’s high-yield interest and competitive cash rewards, Float FX offers you one more way to maximize every dollar put towards expenses.
*Compared to average of bank rates.
See how much you’ll save with Float FX
Estimate your Float FX savings with our conversion calculator*
*FX rates are from the previous day and not real-time. Check the Float app for the latest rates
CAD
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Canadian Dollar
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US Dollar
Exchange Rate
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Compare the fees charged by major Canadian banks relative to Float FX
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What You Get
Difference vs Float FX
How it works
Transfer. Convert. Spend.
Seamlessly convert CAD and USD at market leading rates right within Float.
Sign up and transfer
Sign up for free online with a fast 5-minute application.
Connect your bank(s) and transfer funds to your Float balance in CAD or USD.
Convert instantly with one click
Convert money 24/7 at market leading rates between your CAD and USD balances right within Float. No USD bank account required.
Earn & spend like a local US business
Issue USD cards, send USD ACH payments and wires to vendors and reimburse US-based employees all while earning up to 4% on your Float balances and 1% cashback on spend.
“Float FX delivers fast, transparent currency exchange—saving us time, cutting costs and simplifying every transaction.”
Thomas Kwon Head of Finance and Operations CentML
Your questions, answered
Float FX gives Canadian businesses access to instant currency conversion between CAD and USD at market leading rates of 0.25%.
Float FX charges an FX fee of 0.25% (90% cheaper than traditional banks) with no hidden fees or additional markups.
The FX fee is applied to the currency you’re converting from:
Converting from CAD to USD? The fee is charged in CAD.
Converting from USD to CAD? The fee is charged in USD.
Currency conversion will happen instantly!
No you do not! With Float FX, you can handle CAD to USD conversion and USD transactions directly within Float.
Come for the earnings, stay for the software
Corporate Cards
Use smart corporate cards that can save your business up to 7% on spend
