Beacon Business

Pay India in minutes.
Not days.

Cross-border payments built for Canadian businesses - live FX rates, no hidden fees, and a real person on WhatsApp when you need one.

Built for Business

Better rates. Faster transfers. Real support.

Sent before the call ends

RBI-regulated rails deliver INR to your supplier in minutes.

Keep more of every dollar

No loading fees, no markup, no surprises on the statement.

Forget SWIFT

Local bank details are all you need. No wire forms, no correspondent banks, no waiting.

Best of Both Worlds

Gives your business a fintech partner regulated by bank of Canada and accounts at a Schedule 1 Canadian Bank.

What you send is what they receive.

Every fee visible upfront. Nothing added at the other end.

Convert and Transfer, Instantly

Enter amount

You send from Canada

CAD

Recipient gets in India

₹

INR

Live Rate: 1 CAD = 61.2009 INR Beacon service fee: $0, even for transfers under $500

Tier – I Infrastructure

Beacon on the front. J.P. Morgan behind it.

Your funds are held at J.P. Morgan and safeguarded with a Schedule 1 Canadian bank. Beacon is registered with FINTRAC and regulated by the Bank of Canada as a Payment Service Provider.

Better rates, every transfer.

Every transfer puts money back in your business.

Real rates, real comparison. Drag to see your number.

Savings Calculator

Our rate

Live rate: 1 CAD = 63.12 INR

You send from Canada

CAD

Choose amount

$1,000 $500,000

You can save upto $125.00 Comparison based on typical charges from banks

Set up in days, not weeks.

No forms, no obligation. Talk to an advisor on WhatsApp or book a quick demo.

Dedicated Support

Support, built for businesses moving real money.

Every Beacon Business client gets a dedicated relationship manager – not a ticket number.

Real people, not chatbots

A dedicated relationship manager who knows your business.

Reach us how you like

WhatsApp, phone, email, or in person. Your schedule, not banking hours.

Move money any day, any hour

Digital payments even over $10K. No branch visits, no bank holidays. 24/7.

Beacon vs big Banks true cost matters

Compare the real cost of business payments. We’re fully transparent – and you’ll see why Beacon wins.

Features

Big Canadian Bank

Are your funds held by a Global Systematically Important Bank ?

Only RBC & TD

Yes (JP Morgan)

100% easy digital onboarding ?

Yes

How fast does money reach India ?

3-5 days

Within hours

What’s the real, all-in-cost ?

4-6 %

Less than 2.5%

Can you send $10,000+ without visiting a branch ?

Yes

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Before you ask

What is Beacon Business?

Beacon Business is a modern business banking and cross-border payments platform built for Canadian businesses that need to send and receive money domestically and internationally.

We offer:

Multi-currency Canadian and international accounts
Easy local funding options
International payments using global and local rails
Affordable FX rates with low service fees and no hidden charges

Beacon Business accounts are powered by Nium Pte. Ltd., a global payments company registered in Canada as both a Money Services Business and a Payment Service Provider. Client funds are safeguarded with regulated financial institutions in Canada, enabling businesses to transact across multiple countries and currencies with faster settlements and competitive exchange rates..

Is my money secure?

Yes. Security and compliance are central to how Beacon operates. Beacon is registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) as a Money Services Business and with the Bank of Canada as a Payment Service Provider under the Retail Payment Activities Act. Client funds are held and secured with a Schedule 1 Canadian Bank.

Who can open a Beacon Business account?

Currently, only registered Canadian businesses are eligible.

Eligible: Registered Canadian businesses, including federally or provincially incorporated corporations, sole proprietorships, partnerships (general or limited), and Canadian subsidiaries of foreign companies (with additional documentation).

Not supported currently: Unregistered or shell entities, crypto exchanges or wallets, NGOs with complex or opaque ownership structures, and businesses connected to politically exposed or sanctioned individuals or jurisdictions. Support for businesses registered outside Canada is coming soon.

Support for businesses registered outside Canada is coming soon.

How do I add funds to my Beacon Business account?

You can fund your account using:

Interac e-Transfer
Local Canadian bank transfer

International funding options are coming soon.

Who can I send money to and which countries are supported?

Currently, you can send payments to businesses or individuals in India using their local bank account details. Beacon uses local Indian payment rails to ensure fast, reliable transfers.

Simply enter the recipient’s account information and select the appropriate transfer purpose (e.g., import of goods).

Please note that some recipient banks may restrict foreign inward remittances. If a payment is rejected, your funds will be refunded in full.

Support for additional countries is coming soon.

Where can I find all the terms and conditions?

You can find all the terms and conditions in the Legal section of our website, and here.

Pay India in minutes. Not days.