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Wells Fargo provides a wide-array of products and services to meet your treasury operations needs in Canada. Manage all of your North American treasury operations through a single banking relationship, increasing your visibility and control of your accounts and liquidity.
Make over-the-counter deposits through a vast branch network of over 1200 locations through our network providers.
Canadian dollar Checking Account
Conduct business in Canadian dollars easily and efficiently. Through this convenient service, your treasury team can improve control over Canadian dollar cash flows and can minimize costly foreign exchange conversions.
Canadian Wholesale Lockbox
Just as Wells Fargo can streamline your U.S. transactions through its extensive domestic lockbox network, we can accelerate your Canadian collections and convert payments into cash efficiently. With a Canadian Wholesale Lockbox, you can cut mail and processing float by up to a week compared to processing from the U.S., thereby enhancing your company's cash and investment positions. Lockbox reports and images are available online or by data and image file transmission.
If you need to receive electronic payments (Wire Transfer/LVTS) in Canadian dollars, but don't need local account services, opening a Wells Fargo Canadian dollar Multi-Currency Account (MCA) allows you to accumulate and disburse CAD without having to convert to USD. CAD MCAs are used in conjunction with Canadian Checking Accounts.
WellsOne® Commercial Card (CAD)
The CAD commercial card is designed to link to your program in the U.S., so you don't have to handle a separate card program for locations in Canada. This allows your company to leverage one issuer, one account manager, one service center, and one reporting tool accessed through a single sign-on on the CEO® Portal.
Other services in Canada include:
- Foreign exchange
- Canadian cash vault
- Canadian positive pay and reconciliation services
- Canadian online tax payments
- International ACH Origination (CAD and USD) to Canada
- Payment Manager (Wire Transfer, International ACH, Check services) to Canada CAD Merchant Services
International Connections contact information
Find articles, cases studies, and advice to move your treasury operations from a cost center to a profit center on our Treasury Insights‡ site.
Wells Fargo offers you experienced relationship and lending managers who live and work where you do. They understand your local economy and business environment and have the authority to make lending decisions locally. With regional offices in Calgary, Montreal, Toronto, Vancouver, and throughout the United States, our teams take the time to get to know your business and provide guidance on the right financial services to help you achieve your business goals.
Our customers are businesses with annual revenues of $20 million to $500+ million, including manufacturers, wholesalers, retailers, distributors, importers, and service companies. We also have expertise in and services tailored for specific industries, including beverage, food and agribusiness, technology, healthcare, government, higher education, clean technology, and environmental services.
Products and services to meet all your needs
We can offer access to working capital to help you maintain your day-to-day operations and get the funding you need to pursue your plans for growth. As your business grows, we can connect you to additional Wells Fargo resources so that all your financial bases are covered.
Our capabilities include:
- Tailored financing options
- International capabilities, including foreign exchange
- Risk management
- Investment banking and capital markets services
- International Treasury Management
A focus on relationships
At Wells Fargo, we view our customer relationships as long-term, and can provide support and guidance through various market cycles and phases of your business. Our local relationship managers are dedicated to understanding your business nearly as well as you do. They will work with you on core financing and treasury management structures and coordinate a team of specialists and resources to help you tackle your challenges and make the most of new opportunities.