Yea, I just get killed by the fees, first when I receive money from a client they take some money and then when I transfer to my bank account I get hammered.dekvitaly wrote: ↑Nov 23rd, 2018 3:19 pmPlease never use PayPal for forex. You lose more than 3% from their terrible exchange rate.
It is hassle free IMO to get a US bank, not much to manage (free account, free eStatement really). Banner Bank is the best for Canadian resident.
Coast Cap has gone terrible. I had that account since 2010 and closed it just last month.
Per the above VISA Debit thing, if you have one from maybe TD or CIBC, you can use as debit actually (Interlink logo)
I will look into Banner Bank, do I have to go in person or is this something I can do all online as I see they are not open on weekends.
Yea coast capital is horrible, I been with them around the same amount of time and it's just been getting worse and worse($5 / transaction if you go over your 2 transactions in your savings account which when I started was unlimited.).
The only reason why I keep them around is
a) for my debit card as it's the only card that I have as of now that will work in the USA for interact and
b) I have a business account with them, since I do so little of transactions as I pay pretty much everything through my personal CC cards (and the transactions I do are between my personal account and my business account so they don't count) I essentially have a free business account.
If I could eliminate these 2 problems I would cancel my account today.
I don't have a any major bank as they all seem to charge for accounts these days unless you hold a minimum balance and again for the like once in every 2 months I use my debit card it is not worth it.