Vancouver-Based Agilityforex Offers Canadian Startups $100 Million in Free Money Transfers
During the Vancouver Startup Week, Vancouver-based Agility Forex Ltd. launched an impressive offer to save money for Canadian startups.
With their "$100 million free transfer offer," Agility Forex is allowing interested startups the opportunity to register and get the same wholesale interbank foreign exchange rates that the banks get themselves.
The Interbank rate is the wholesale foreign exchange rate at which large money centre banks transact at in tens of millions of dollars. Essentially, startups taking advantage of this deal will not have to pay the additional transaction fees that banks regularly charge.
Once a company registers with Agility Forex, they have until February 29, 2016 to take advantage of the free transfers, up to a maximum of $2 million per company, with no limit on the number of transfers up to that $2 million cap. Note that there is, however, a total maximum of $100 million for all registered transactions under this special offer.
Startups looking to exchange and transfer money at a highly discounted rate can apply here.
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