A Canadian payments business built to be verifiable
MuzoDev is the cross-border payment and foreign exchange service operated by MUSETECH DEVELOPMENT LIMITED, registered in British Columbia and regulated as a Money Services Business by FINTRAC.
One counterparty for cross-border settlement
MUSETECH DEVELOPMENT LIMITED operates MuzoDev from Burnaby, British Columbia. We provide foreign exchange, international money transferring and payment services to businesses that move value across borders — importers and exporters, remote teams and freelancers collecting from platforms.
The problem we set out to solve is a familiar one. A business that needs to pay a supplier in another currency often ends up with three counterparties: a bank for the wire and a separate broker for the currency. Each one runs its own onboarding, its own limits and its own paperwork. We consolidated those into a single account, a single compliance file and a single rate conversation.
That consolidation only works if it is done properly. Money transferring is a regulated activity in Canada, and we treat it that way: a written AML/ATF compliance program, identity verification and beneficial ownership review before an account is opened, sanctions screening on counterparties, and full transaction records retained for every payment we handle.
We do not publish claims we cannot evidence. Our regulatory registration number is on this site, our legal entity name is on this site, and our registered address is on this site so that anyone can check the public FINTRAC registry and confirm who they are dealing with.
Regulated by design
Our FINTRAC Money Services Business registration covers foreign exchange, money transferring and payment services — the activities we actually perform.
Transparent pricing
Indicative rates and the applied spread are published and confirmed in writing. No deductions appear after settlement that were not disclosed before it.
Bank rails that reach further
SWIFT and regional clearing rails available on the same account, so your treasury settles through whichever network reaches the counterparty fastest.
Records that stand up
Written confirmations, retained transaction records and large-value reporting handled in line with Canadian requirements — documentation your finance team and auditor can work with.
Corporate & regulatory details
FINTRAC RegisteredBurnaby, BC V5C 6G9
Canada
Work with a counterparty you can check
Send us your company details and the corridors you need. We will confirm pricing and onboarding requirements within one business day.