OK , So if we get an account in TD bank or RBC bank… AMAZON CA should be able to transfer funds to the bank account in TD AND RBC?, I just find it very hard that amazon CA will not transfer into the Canada bank account …
For Canadians, moving US currency from Paypal to your Canadian bank account is almost impossible except for this little work around with RBC. Find out how.
Minimum Subsequent Investment $100 (in the currency in which the account is denominated); Deposit Issuers The Toronto-Dominion Bank TD Mortgage Corporation (TDMC) TD Pacific Mortgage Corporation (TDPMC) The Canada Trust Company (CTC)
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I use TD’s borderless account in conjunction with TD Banknorth. I checked the current rate USD to CAD – 1.0014 through TD borderless while the market rate was at 1.0137 so a charge of 1.23%.
Just spoke to my broker BMOIL about doing this in an RRSP (where the broker does not allow USD cash to be held) – sell a USD holding, say SPY and buy a CAD holding, say XIU using this method.
Guide to bank fees for wire transfers 23 February 2018. We know that everyone's situation is unique and we aim to help you find the right product for you.We may receive compensation when you visit our partners' sites or are approved for their products.
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