$3000 USD cheque - best way to deposit as CAD?
I have Tangerine and CIBC. What's the best way (least foreign exchange fee) to deposit this?
Dec 12th, 2018 12:53 pm
Dec 12th, 2018 3:35 pm
neither. Open a Scotia USD account to get them to cash your USD.MercHuntIsle wrote: ↑ I have Tangerine and CIBC. What's the best way (least foreign exchange fee) to deposit this?
Dec 12th, 2018 4:03 pm
?? The bank will still charge the exchange fee even if they are doing it with money in a USD account.
Dec 12th, 2018 4:06 pm
his cheque is written in USD.... he's looking to cash out from the cheque. jeeezApplesmack wrote: ↑ ?? The bank will still charge the exchange fee even if they are doing it with money in a USD account.
@OP Use Knightbridge. Fantastic rates to exchange money.
Dec 12th, 2018 4:16 pm
I am disagreeing with the use of the bank to convert the currency in the account. I dont disagree with actually opening a USD account and putting the money into it.
Dec 12th, 2018 4:39 pm
I said not to give forex to bank for them to convert. Same sentence, no semi-colon ;.Applesmack wrote: ↑ I am disagreeing with the use of the bank to convert the currency in the account. I dont disagree with actually opening a USD account and putting the money into it.
Dec 12th, 2018 4:40 pm
Read the post you quoted,Applesmack wrote: ↑ I am disagreeing with the use of the bank to convert the currency in the account. I dont disagree with actually opening a USD account and putting the money into it.
Open a USD account. Cash it (as in, in USD). Nothing about converting with the bank.
Dec 13th, 2018 4:30 pm
There is currently 1 user viewing this thread. (0 members and 1 guest)