FINTRAC Reporting Software
Automate your AML compliance reporting to FINTRAC — save time, reduce risk, and stay ahead of regulatory changes.
Request Demo
Why Manual FINTRAC Reporting Fails
Many Money Service Businesses struggle with outdated, error-prone reporting workflows that increase compliance risk and consume valuable time.
Human Error
Manual data entry and form submission often result in avoidable mistakes that lead to rejected reports or regulatory penalties.
Time-Consuming Processes
Preparing and submitting reports manually takes hours — time that could be better spent serving customers.
Security and Visibility Gaps
Traditional workflows lack audit trails, encryption, and real-time monitoring, leaving businesses exposed to compliance gaps.
WHY FINTRAC REPORTING MATTERS
CurrencyXchanger automatically detects reportable transactions and generates FINTRAC-compliant submissions — so you stay compliant effortlessly.
- Transaction is flagged as reportable
- Report is auto-generated in XML format
- Validated against FINTRAC schema
- Submitted via secure FINTRAC API endpoint
- Status updates logged in dashboard
KEY BENEFITS
Adjust volume, skip tracks, answer calls, and activate voice assistants with a simple tap, keeping your hands free and your focus on what matters most.
Automatically generates FINTRAC-compliant XML repo
Real-time validation and auto-submission via FINTRAC API
Built-in audit trail for all submissions
Saves hours of manual work each week
Reduces the risk of human error and missed deadlines
Generates records for LCTR, EFTR, STR, VP, and more
Tailored for Money Service Businesses
From single-location currency exchanges to nationwide fintech providers — our FINTRAC-compliant solution adapts to your business model, size, and workflow.
Currency Exchange
Stay compliant while managing high-volume transactions seamlessly.
Remittance Services
Simplify cross-border compliance and tracking with integrated tools.
Cheque Cashing
Automatically monitor and report cheque activity in real time.
Fintech & Multi-Branch
Scalable compliance architecture for growing or complex MSBs.
How FINTRAC Auto-Reporting Works
Transaction is Flagged as Reportable
Our system continuously monitors transactions and intelligently flags those that meet FINTRAC's reportable criteria — such as large cash deals, suspicious behavior, or threshold triggers — ensuring you never miss a required report.
2
Report is auto-generated in XML format
As soon as a transaction is flagged, our platform automatically generates a structured XML report that adheres to FINTRAC’s latest format specifications. This eliminates manual work and reduces the risk of formatting errors .
3
Validated against FINTRAC schema
After generation, the report undergoes automated schema validation to ensure compliance with FINTRAC’s technical submission standards. This step checks that all required fields are present and properly structured before transmission.
4
Submitted via secure FINTRAC API endpoint
Once validated, the XML report is submitted directly to FINTRAC via a secure API endpoint.
This ensures the transmission is encrypted, reliable, and fully aligned with regulatory protocols — no manual uploading required.
5 Status updates logged in dashboard
Submission statuses such as “Accepted”, “Rejected”, or “Pending Review” are automatically logged and displayed in your compliance dashboard. This provides complete visibility and immediate feedback for your team to act on.
See CurrencyXchanger in Action
Watch how our FINTRAC Reporting solution helps MSBs simplify compliance, automate submission,
and stay audit-ready — all in one intuitive platform.
"We would like to strongly recommend this software to other foreign exchange business.
"I highly recommend this platform for all exchange stores."
"CurrencyXchanger's design is very user-friendly and it has easy to use interface. Its exchange rates are always up-to-date and it has nearly all the worldwide currencies. ...."
"Excellent support for our software"
Top questions answered
In this section, you can address common questions efficiently.
FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) is Canada’s financial intelligence unit. All MSBs are legally required to report suspicious transactions, large cash transactions, and certain international transfers to FINTRAC. Failing to comply can result in serious penalties or license revocation.
Our system automatically flags transactions based on FINTRAC rules, including:
- Cash transactions over CAD 10,000,
- Suspicious behavior,
- Multiple transactions under thresholds,
-
Structured activity across accounts.
You can also customize rules to fit your specific compliance strategy.
Extremely secure. We use encrypted API submission channels that comply with FINTRAC’s data protection protocols. Your reports are transmitted over secure SSL connections, and all activity is logged and auditable.
You’ll be instantly notified through the dashboard. The system provides validation error feedback so you can make quick corrections and re-submit. With built-in schema validation, rejections are rare — and easy to fix.
Stay Compliant. Stay Operational
Download our free AML Compliance Checklist for MSBs and reduce your audit risks today.
Request Demo