Dunbridge Financial international money transfers review

What is Dunbridge Financial?

Dunbridge Financial, a Toronto-based company, offers services like foreign exchange, international money transfers and mass payments to both businesses and individuals through their digital platform. They aim to make sending money overseas simple, low-cost and secure.

Pros and cons of Dunbridge Financial

Dunbridge Financial fees and exchange rates

Dunbridge Financial charges the following fees for its personal and business accounts:

Dunbridge Financial doesn’t advertise the margin it charges on its currency conversion. Just be aware that this number usually sits between 2% and 5% of your transaction amount, so be sure to factor this into your overall budget before you send money overseas.

What countries does Dunbridge Financial cover?

If you are interested in using Dubridge Financial’s money transfer service, an important thing to note is that it is not available in all countries and regions. Here’s a list of the jurisdictions it does cover:

Dunbridge Financial transfers: Step by step

You can send money from your bank account with Dunbridge Financial. You simply load money into your “wallet” and then transfer it into whichever currency you want to send. From there, you can initiate the transfer in a couple of clicks once you’ve added your beneficiary.

1. Upload money from your bank account to your Dunbridge Financial “wallet”.
2. Click on “convert” to transfer your funds from CAD into the currency that you want to send.
3. Add a beneficiary and supply contact details and banking information.
4. Click “Pay” to select your beneficiary and initiate a transfer for whatever amount you want to transfer.

What do I need to send money online through Dunbridge Financial?

You’ll need the following to send a Dunbridge Financial money transfer:

• Dunbridge Financial personal or business account
• Recipient’s name and address
• Recipient’s bank name, location, account number and transit number
• Recipient’s international bank account number (IBAN), BIC or SWIFT code

How to track a Dunbridge Financial money transfer

You can search for the transfer you want to track under the “search” function in your account. You can also click over to the transactions tab (under “search”) to access a list of recently completed transfers without needing to search by reference number.

How long does a Dunbridge Financial money transfer take?

Dunbridge Financial money transfers take between 1 and 3 business days to process. Mainstream currencies usually process much faster than exotic currencies.

• Tips for avoiding transfer delays

  • Transfer money at set times. Send money early in the day and early in the week to avoid transfer delays.
  • Send smaller amounts. Send multiple small transactions to keep your transfer from being flagged by authorities.
  • Transfer between popular currencies. Send mainstream currencies instead of exotic currencies wherever possible to speed up your transfer time.

How does Dunbridge Financial compare to other services?

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Product CAFMT	Offer		Filter Values	Fastest Transfer Speed	Fees (Pay by Bank Transfer)
Wise (TransferWise) Finder Award				24 hours	From 0.33%	Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.	Go to siteView details	loading Fetching your data...
Xe Money Transfers Finder Award				Within minutes	$0	Xe has fast transfers with low fees and a range of foreign currency tools.	Go to siteView details	loading Fetching your data...
Instarem				Within minutes	From $0	Enjoy a special exchange rate and zero fees on your first transfer. Conditions apply. Valid until January 15th, 2025. Instarem offers inexpensive transfers and the opportunity to earn rewards points.	Go to siteView details	loading Fetching your data...
Africhange				Within minutes	From $0	Send money in CAD to Africa on this blockchain and P2P powered provider.	Go to siteView details	loading Fetching your data...
Remitly Finder Award				Within minutes	From $0	Special offers like free transfers and better exchange rates available for new customers. Remitly has quick, affordable transfers around the world, with both express and economy options.	Go to siteView details	loading Fetching your data...
MoneyGram Finder Award				Within minutes	From $4.99	For a limited time, get $0 fees on your first money transfer from Canada. Conditions apply. MoneyGram has fast cash pick-up transfers to more than 350,000 agent locations worldwide.	Go to siteView details	loading Fetching your data...
OFX Finder Award				24 hours	$0	Exclusive offer: Discounted exchange rates for your first and ongoing transactions. $0 transfer fee. OFX has no maximum limit transfers, with competitive exchange rates for 50+ currencies.	Go to siteView details	loading Fetching your data...
Xe Money Transfers Finder Award				Within minutes	$0	Xe has fast transfers with low fees and a range of foreign currency tools.	Go to siteView details	loading Fetching your data...

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• What currencies can I send with Dunbridge Financial?

  You can access the following popular currencies plus many more with Dunbridge Financial money transfers:

  Mainstream currencies	USD US dollar GBP British pound EUR Euro MXN Mexican peso JPY Japanese yen PHP Philippine peso KRW South Korean won	INR Indian rupee HKD Hong Kong dollar SGD Singapore dollar ZAR South African rand LBP Lebanese pound PKR Pakistani rupee THB Thai baht
  Exotic currencies	BYN Belarusian ruble BGN Bulgarian lev CZK Czech koruna EGP Egyptian pound GHS Ghanaian cedi GTQ Guatemalan quetzal HUF Hungarian forint MWK Malawian kwacha MDL Moldovan leu MYR Malaysian ringgit NPR Nepalese rupee MAD Moroccan dirham	RON Romanian leu XOF West African CFA franc RSD Serbian dinar LKR Sri Lankan rupee TJS Tajikistani somoni TZS Tanzanian shilling TRY Turkish lira UGX Ugandan shilling UAH Ukrainian hryvnia UZS Uzbekistani som VND Vietnamese dong

Is Dunbridge Financial safe?

Dunbridge Financial offers industry-leading security measures to protect your transfers and the safety of your account. This includes password protection and identity verification when you create your account, and encryption for all of your personal information and transactions.

• Security and regulation. Government-regulated and compliant with industry-standard security measures.
• Established. 2020.

Where is Dunbridge Financial regulated?

Dunbridge Financial is regulated by the Financial Transactions and Reports Analysis Centre (FINTRAC).

How to sign up for a Dunbridge Financial account

You can follow these steps to sign up for a Dunbridge Financial account:

1. Visit the Dunbridge Financial main website.
2. Click the blue “Register” button in the top right-hand corner.
3. Select a corporate or individual account.
4. Enter personal information such as your name, address, email and phone number.
5. Upload required documents:
   • Personal accounts. Proof of ID and address (using passport or driver’s license and a utility bill or bank statement).
   • Business accounts. Incorporation documents and information about business structure and management.
6. Click “Submit” to register your account.

Is there a Dunbridge Financial app?

There doesn’t seem to be a Dunbridge Financial mobile app. However, you can log in to the desktop interface on your mobile device to execute transactions.

How do I contact Dunbridge Financial?

You can contact customer service by phone at +1 (866) 862-3336 or email hello@dunbridgefinancial.com

Bottom line

Dunbridge Financial lets you send personal and business money transfers quickly and easily. You can schedule multiple transfers for current or future dates, and you can choose from dozens of currencies. You’ll also pay reasonable currency exchange rates and no fees for most types of transfers.

Frequently asked questions

• Does Dunbridge Financial offer cash transfers?

  Unfortunately, no. The only way you can send money is by transferring it to your recipient’s bank account.

• Can I send Dunbridge Financial money transfers in any currency?

  You won’t be able to send Dunbridge Financial money transfers in every currency, but you can choose from dozens of available currencies.

• How long will my transfer take to arrive?

  Dunbridge Financial money transfers typically take between 1 and 3 business days to process. Unfortunately, there is no option for same-day money transfers with Dunbridge Financial.

• How much money can I send overseas at a time?

  There’s no information about the daily limit you’re allowed to send on the Dunbridge Financial website. However, it definitely exceeds $3,000 since this is the point where you no longer need to pay a fee to send personal transfers.

• How can I cancel my Dunbridge Financial transaction?

  You can cancel your transaction by calling Dunbridge Financial within 24 hours of booking. You won’t need to pay any fees unless you don’t cancel your transfer within the allotted time frame.