Pre-Authorized Debit and Deposit (PADD)

Let us handle your Regular foreign payments!


Continental Currency Exchange simplifies your pre-authorized debit and deposit payments, saving you money and ensuring you’ll never miss a payment date again. We ensure your regular payments are completed safe and reliably with no hidden bank fees or commission, and at the best exchange rates guaranteed.


The Continental advantage includes:


  • Partnerships with financial institutions in over 70 countries
  • Canadian owned and operated with more than 29 years of experience
  • The best exchange rates in town guaranteed, and no hidden bank fees
  • Personal and business money transfer services
  • Conveniently send currencies to match your payment schedule
  • Transfer funds between CAD and USD accounts


Best Rate Guarantee: If you find a better exchange rate in any of our local markets that we can verify, we will beat it.


Why use Continental’s Pre-Authorized Debit and deposit?


Talk to our friendly and knowledgeable staff today about pre-authorized debit and deposit if you:


1. Own Foreign Property 

If you own or rent property outside of Canada that requires you to regularly transfer funds for mortgage payments, rental payments, property taxes, insurance, maintenance fees, etc.


2. Make Regular Payments Abroad

If you make regular foreign purchases or receive regular foreign currency invoices.


3. Pay for International Services 

If you need to pay school fees, tuition, or other education and living expenses.


4. Send Money to Loved Ones 

If you support family members abroad with regular payments.


5. Pay International Utilities and Bills

If you have regular phone, utility, gym, credit card or other bills to pay in a foreign currency.


6. Transfer funds between accounts

Got a US bank account? Easily and regularly deposit funds from Canada into your USD account.


How do i sign up for pre-authorized debit and deposit?


Here’s what you’ll need to bring and do:

  1. Bring a valid photo ID
  2. Bring a void cheque for your CAD and/or USD account
  3. Complete pre-authorized debit and deposit agreement form at your local Continental branch


Take advantage of Continental’s convenient pre-authorized debit and deposit options today!

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