Dealings in Foreign Exchange
Conducting transactions where one fiat currency is exchanged for another fiat currency, at competitive market rates with transparent disclosures.
Blackberry Pay is pending registration with FINTRAC as a Money Services Business (MSB) to provide the following regulated services.
Conducting transactions where one fiat currency is exchanged for another fiat currency, at competitive market rates with transparent disclosures.
Remitting or transmitting funds from one person or entity to another using electronic funds transfer networks or other methods such as Hawala, Hundi, Fei ch'ien and Chitti.
Issuing or redeeming money orders, traveller's cheques and other similar negotiable instruments for individuals and businesses.
Virtual currency exchange and virtual currency transfer services, conducted under strict AML and KYC controls.
Providing cheque cashing services with rapid turnaround and secure verification.