Toronto → Lagos
- Today
- ₦1,042 per 1 CAD
- Vs bank
- 2.4% better than Scotia
Pays out to any Nigerian bank account. No cut on payout. Settles in under a minute on most banks.
Money transfer
Free to your Canada or Nigerian bank.
Always.
Once you've traded, payouts to a Canada or Nigerian bank account cost nothing. Other corridors run at the marketplace rate, paid only to your counterparty. We do not take a cut.
Cost per payout
Canada ↔ Nigeria
C$0.00
All other corridors
Marketplace rate
Settles in under a minute on most banks. Pay-out limit and speed depend on your bank, not us.
The free corridors
Canada and Nigeria, both directions, both free.
Lagos → Toronto
- Today
- C$0.00096 per 1 NGN
- Vs bank
- 2.2% better than Scotia
Pays out to any Canada bank account. No cut on payout. Settles in under a minute on most banks.
What both sides see
Two banks, two receipts, no fees in either column.
Adaeze · Toronto · CAD → NGN
₦3,126,000
Wema Bank ****4421
Landed in 38 s
Sold C$3,000.00 at ₦1,042 to Bayo K.
Bayo · Lagos · received
C$3,000.00
RBC ****8112
Landed in 22 s
Bought from Adaeze O. at ₦1,042
Receipts include the rate, the counterparty's name, and the chat thread. They are saved on both phones. There is nothing in the “fees” column to dispute.
Why it's free
Trocah is a marketplace, not a courier.
No middle leg.
Funds move directly between counterparties' banks via local rails (Interac e-Transfer, NIBSS). We are the matchmaker, not the carrier.
No held inventory.
We never hold large pools of currency to fund a transfer. Your counterparty has the funds, and you have theirs. The exchange happens once.
Bank rails are already free.
Canada and Nigeria both run real-time bank-to-bank rails. We pass that to you instead of charging the legacy "wire fee."