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Text Content

Welcome! Loop has moved from getloop.ca to our new home for global banking -
bankonloop.com 🌎
Products
Corporate Credit Cards
Global Banking
Send Payments
Bill Customers
Capital
FX
Expense Management
Pay Contractors
Solutions
For Enterprise
For Retail Brands
For Amazon Sellers
For Startups
For Freelancers
For Accountants
About
About Loop
FAQ
Help Centre
Blog
Case Studies
Contact Us
PricingSign In
Open Account
Sign In
PRODUCTS
Corporate Credit Cards
Global Banking
Send Payments
Bill Customers
Capital
FX
Expense Management
SOLUTIONS
For Enterprise
For Retail Brands
For Amazon Sellers
For Startups
For Freelancers
For Accountants
ABOUT & INFO
About Us
Help Center
FAQ
Blog
Contact Us
Pricing
Sign In
Open Account




CANADA’S #1 BANK
FOR ENTREPRENEURS

Bank on Loop to
Save Money
Save Time
Grow Globally
Save Money

Canada’s #1 banking platform for businesses. Get global banking details,
multi-currency corporate credit cards, international payments and more.

Demo
Open Account

Trusted by leading global brands



BANKING DESIGNED TO HELP YOUR
BUSINESS GROW GLOBALLY


SAVE 5% OF YOUR REVENUE

Loop helps you eliminate between 2-6% in FX fees on all cross-border payments


GET CORPORATE CREDIT THAT SCALES

Grow faster with credit limits based on your business performance


COLLECT IN FOREIGN CURRENCIES

Open local accounts to send & receive local payments in the US, EU and UK for
free

Make Your Banking A Competitive Advantage


GROW GLOBALLY WITH ANNUAL SAVINGS OF $40K+

With Loop, eliminate FX and bank fees with multi-currency corporate credit cards
and local accounts. Plus get industry leading conversion rates and powerful
financial management solutions all designed to help you grow faster.

Open Account



USE LOOP TO SPEND IN OTHER CURRENCIES WITH NO FX

Canada's first no fee multi-currency credit card that saves everytime you spend.
Learn more


ELIMINATE DOUBLE CONVERSIONS FOREVER

Open local accounts in USD, GBP and EURO so you can pay, and get paid locally.
Learn more


GROW FASTER WITH ACCESS UP TO $1M IN CAPITAL

Get up to 55 days of interest free spending using credit that scales with your
business.
Learn more
Designed To Help You Save


THE PARTNER YOU CAN BANK ON TO SAVE YOU TIME AND MONEY.

Access powerful global banking tools designed to help you grow and simplify your
finances.

0hours
Avg. saved / wk
$0k
Avg. saved / yr
0+
Businesses trust Loop
$0M+
Transacted on our platform



GROW FASTER WHEN BANKING WITH LOOP

Save 5% of your revenue on fees, get local accounts, multi-currency credit cards
and more.
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DON’T JUST TAKE OUR WORD FOR IT

Hear from visionary startups and leading brands who use Loop to build thriving
businesses.

The Loop US bank account is completely life changing for our business. In our
first year using Loop, we will benefit from about $50k in gains straight to our
bottom line. So a really big thank you for coming out with this product.


Jordan Kendal
CEO, Sheet Happens

Our business was looking for working capital when we discovered Loop. Getting
the capital we needed was simple, fast and a big game changer for us. We've seen
immediate results and continue to partner with Loop.

Ben Kelly
CEO, Pure Muskoka

If you're a Canadian ecommerce merchant, you should get a Loop card. They have
fixed all our cash flow issues, FX costs and issues with paying suppliers around
the world. Saving us lots of money and headaches. Plus their team is great!

Dante Timpano
CEO, DT Ecom


LOCK IN THE BEST RATES WITH LOOP PLUS

Get started with our free plan - unlock more features and lower rates with
simple and transparent pricing. Unlike banks who hide their fees, Loop make it
easy to understand what you’re paying.

See Pricing


FREQUENTLY ASKED QUESTIONS

Still have questions?
Read more
What do you mean by “spend in other currencies with no FX”?


Loop offers multi-currency cards that are not locked into just spending with one
currency. You can spend in CAD, USD, EUR and GBP with your Loop card, without
incurring FX fees on your purchases. Your balances owing are displayed per
currency, and can be settled per currency as well. Because your Loop Card allows
you to pay back in the currency you spent in, you won’t have to perform any
unwanted currency conversions.




Apply Now
What if I don't have a USD, EUR, or GBP currency account or enough money in it
to pay back the balance I owe?


If you only have a CAD bank account, you can still make purchases in foreign
currencies without the card converting it to CAD. At the end of your billing
period, you can then decide to convert money from your CAD account into the
currencies you owe. If you need to do this, Loop offers global FX conversion
with a 0.5% mark-up. This is significantly less than a bank, which charges a
3-4% markup on average and it’s even better than online FX service providers
like Transferwise and OFX.




Apply Now
How much does it cost to open an account?


Opening a multi-currency account with Loop is completely free. Additionally, the
sign up is completed entirely online - yes you heard that right, you can open
U.S., European and U.K. Pound accounts from your couch at home (no more driving
across the border to a bank branch). These accounts come with local account and
routing numbers that can be used to receive, send, and store funds.




Apply Now
Are there limits on how much I can receive into my account?


There are no set limits to on the amount of funds you can receive into your
multi-currency accounts.

Apply Now
Are payments really free?


Yes, you can make payments through Loop for free. 

We may add a small wire transfer fee in the future to cover the cost we incur to
process wires but for now everything is provided at zero cost!

Apply Now
How long will my payment take to send?


Transfers made through Loop will arrive in your payee’s bank account within 1
business day.

Apply Now
Is there an annual fee?


There are no annual fees. Currently, we offer a free monthly plan, Loop Basic.
Additional features are available through our Loop Plus plan for $49 CAD/month
and $199 CAD/month for the Loop Power plan.

‍

Apply Now
Case Studies


SEE HOW LOOP IS SAVING CLIENTS
$40K PER YEAR

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HOW TAB SUCCESSFULLY LAUNCHED IN THE US WITH LOOP

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in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor
interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo
cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Ty Wilson
3 mins
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HOW CIELE ATHLETICS SAVES ON FX FEES WITH LOOP

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim
in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor
interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo
cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Karine Corbeil
3 mins
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HOW BUSHBALM GREW IN NEW MARKETS WITH LOOP

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim
in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor
interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo
cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Marisha Mazurek
3 mins
View All Case Studies


JOIN THOUSANDS OF BUSINESSES GROWING WITH LOOP.

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Accountants
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“Loop” is a registered trademark.
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The Loop Card is issued by WFCU Credit Union Ltd. pursuant to license by
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Mastercard is a registered trademark and the circles design is a trademark of
Mastercard International Incorporated.

Loop is a financial technology company and not a bank. Banking services are
provided by Solid Financial Technologies, Inc.’s partner banks who are Member
FDIC.

Loop is headquartered at 410 Adelaide St W, Toronto Ontario, Canada.