Services

What we offer

Bestari Markets provides three services, matching the three activities in our FINTRAC registration.

Foreign exchange dealing

Foreign exchange

We buy and sell foreign currencies for individuals and businesses. Whether you are paying a supplier, moving savings or preparing for travel or study abroad, we quote a clear rate before you commit.

  • Exchange between the Canadian dollar and major world currencies
  • Rates and fees confirmed in writing before execution
  • Support for both one-off and recurring conversions
Money transferring

Money transfer

We transfer funds on behalf of our clients to recipients in Canada and other countries. Each transfer is processed after we verify the sender and collect the information that Canadian regulations require.

  • Domestic and international transfers
  • Fees and delivery timing stated up front
  • Transaction confirmation and records provided to the sender
Dealing in virtual currencies

Virtual currency

We exchange virtual currencies for fiat currency, and fiat currency for virtual currencies, for verified clients. We apply the same identity verification, record keeping and reporting rules to virtual currency transactions as to our other services.

  • Buy or sell supported virtual currencies against CAD or other fiat currencies
  • Wallet address and transaction details recorded as required by regulation
  • Large virtual currency transactions reported to FINTRAC where required

Virtual currencies are volatile and their value can fall sharply. We do not provide investment advice, and you should only transact in amounts you can afford to lose.

Before you transact

What we will ask for

Canadian law requires us to collect certain information before we can complete a transaction.

Identity

Government-issued photo ID or another verification method accepted under FINTRAC guidance.

Transaction details

Amount, currencies, purpose of the transaction and, for transfers, recipient details.

Source of funds

For larger or unusual transactions, information about where the funds came from.

Talk to our team

Tell us what you need to exchange, send or settle. We reply within one business day.

Contact us