Are there fees for receiving funds?
No, we do not charge any fees for receiving funds.
How can I do bill payments from my account?
With Vault, you get local accounts in multiple currencies namely in CAD, USD, GBP and EUR. Unlike our competition, the opening of these local accounts will enable you to make worldwide payments seamlessly and comfortably online (i.e., no need to visit any physical bank branches or fill up complicated forms).
With Vault, you can make the following types of payments:
Payments within Canada
EFT payments: Up to 1 business day
From your US Vault account to a US bank account
ACH payments: 1 business day
Fedwire payments: Up to 1 business day
From your EUR Vault account to a EUR bank account
SEPA payments: 1 business day (within the EU)
β
From your GBP Vault account
UK Faster Payments: 1 business day (within the UK)
β
For international payments worldwide
SWIFT payments: Up to 2 business days'
See videos below for step by step walkthroughs on how to send money to:
A Canadian Vendor
A US Vendor
An International Vendor