[ZenBanx] Exchange CAD>USD @ par Aug.3 *NO REFERRAL REQUESTS/POSTS, READ THE OP 1ST*
- Deal Link:
- http://zenbanx.ca/par/
- Expiry:
- August 3, 2015
ZenBanx is doing exchange USD @ par promotion again for Civic holiday (August 3).
Make sure open an account at least 3 business days BEFORE Aug 3rd. It sometimes takes more than couple of days to process cheque deposit or verifying linked account.
As CAD is going down everyday, it's good promo. When they had same promo on Canada Day, I got $250 into $310 after exchanging it back!
Mod note: NO REFERRAL REQUESTS/POSTS PLEASE. They will be deleted and an offender will get an infraction(s), repeated actions or obvious attempts to break the rules may lead to a ban.
Also, do not solicit people your referral links through PM - Referral Discussion in all forms is prohibited. A first user complaint will be a warning infraction, any further ones will lead to a ban.
If you have received an unwanted PM, report the post or PM a mod and it will get taken care of ASAP.
===========================================
Zenbanx MINI-FAQ
zenbanx-exchange-cad-usd-par-again-civi ... st23118725
BIG FAQ Courtesy of Adamking
Link: zenbanx-exchange-cad-usd-par-aug-3-no-r ... st23153709, zenbanx-exchange-cad-usd-par-aug-3-no-r ... st23176511
:! isclaimer: Thanks dhna1217 (OP) for bringing this promotion to our attention. I am not not employed by ZanBanx or have any connections with them besides being a customer. Please forgive me if any of the info are not 100% accurate. I'll try my best to update this thread.
Setting up
Note: Typically in the afternoon / early evening, members have been reported of problems with the website loading extremely slow. If it doesn't work - try another web browser or come back again in a few hours.
1) Create an account on https://zbc.zenbanx.ca/ or on its mobile app on Android / IOS.
2) Complete the application form including your SIN, and a ID such as driver license or passport.
3) You will now need to "link" your external account. You have two options:
a) Write a cheque of $250 from and to yourself. Upload it with the mobile app.
b) Input your banks info (transit, institution, and account number).
In 2-3 business days, ZenBanx will then make two "micro" deposits into your bank account.
Check what these amounts are, and verity the amount on your ZenBanx's member profile.
You can now transfer money to/from this "linked" account.
4) Make sure you have $250 in your account prior to August 3rd. Or if you want to exchange less - that's okay too.
The Promotion
Details can be found here: http://zenbanx.ca/par/
1) This is the second time ZenBanx is doing this - first was for Canada Day. This time around, will be on August 3rd - Civic Holiday (or whatever you call it in your respective Province)
2) You can transfer a maximum of $250 CAD for $250 USD on par.
3) You will only receive ~$190 USD immediately. Pending market rate.
4) Within a few days, ZenBanx will top off the difference, giving you now a total of $250 USD
Post-Promotion.
It's up to you how you want to spend your money! There's a few options.
1) Keep it in your ZenBanx account in USD and earn a bit of interest rate.
2) Exchange your $250 USD back to CAD at ZenBanx's market rate. This would be approximately $32X.XX CAD give or take.
Either keep it in your ZenBanx account or transfer it back to your linked external account - free of charge.
3) An ATM will be mailed out to you. Typically it takes 1-2 weeks. Maybe longer now.
4) You can use your ATM card in the United States. Details here on fees here:
a) Use it at specific US retailers listed here: as a debit card. No fee.
b) Withdraw USD at ATMS in the United States for a fee of $3.
5) At this time, you can only link your ZenBanx with CAD deposit accounts. So unfortunately you will not be able to transfer the whole $250 USD balance to your bank's USD account.
FAQ's.
Q: Is this bank legit? I never heard of them before.
A: ZenBanx was started by innovators including Arkadi Kuhlmann - the same guy who bought ING Direct (Tangerine) to Canada. ZenBanx is a subsidy of DUCA - DUCA Financial Services Credit Union Ltd.
Q: What's this $1 on my account?
A: As a ZenBanx customer you become a member of DUCA when you open your ZenBanx account. A $1 one-time DUCA membership fee is initially deducted from your account but reimbursed to your account by ZenBanx.
Q: Are my deposits insured?
A: Up to a combined maximum of $100,000 is insured by DICO providing they are in CAD.
Q: What about my $250 USD or foreign funds?
A: No. DICO only cover eligible Canadian dollar deposits held to a maximum of $100,000.
Q: Do I really need to provide my SIN??
A: Yes, by law financial institutions are required to collect a customer's SIN when opening any bank account where the customer earns interest income.
Q: Do I really have to upload a selfie of myself?!
A: No, you can choose to verify your identity by uploading your driver license or passport instead.
Q: My micro deposits still haven't showed up. How long does it take???
A: Typically 2-3 business days. Maybe longer. Patience!
Q: Can I sign up for my whole family and the whole church?
A: Yes, providing they are over the age of 18.
Q: Is there any sign up or monthly fees to this?
A: No. But be aware there is a $25 dormant fee if an account is inactive for over a year.
Q: I have changed my mind, can I close my account?
A: Yes, log into your account. Click on your picture (or "add photo+") at the top right.
You will now see the option to Close Account and Freeze Account.
Q: I'm signing up and stuck at step 3 waiting for a verification code. How long will this take?
A: YMMV depending on the server load. First check your spam folders. Wait a few hours, if you still haven't received it - give them an email at help@zenbanx.ca or call at 877-ZENBANX during their office hours (Mon-Fri 9am-8pm EST) and they will be more than happy to manually generate another code for you.
Q: The shinny $250 USD I received from this promotion! Can I transfer the whole amount to my XY bank or PayPal's USD account to avoid being hit with a conversion rate?
A: No. And at least not at the moment. You're only allowed to link ZenBanx with a CAD deposit account.
Q: It’s now Wednesday! (or Thurs or Fri or Sat or Sun). Is it too late to sign up?!??!
A: No, but you should do it ASAP. It will take 2-5 days for your account to be fully set up. However! As per ZenBanx’s website http://zenbanx.ca/par/
[QUOTE]Should your account set-up be delayed due to ZenBanx systems and processes we will still honour this promotion until August 17.[/QUOTE]
Q: How long will it take???
- How long will it take for micro-deposits to show up??
- How long will it take for my cheques to clear??
- How long will it take to receive my referral bonuses?
A: Typically 2-3 days. They are mostly done in batches. So YMMV.
Q: I see an Account Total on the top for $250, but the Available Balance is still CAD $0.00 and the CAD currencies is also $0.00.
A: Your cheque and transfer has been initiated but not yet cleared.
Q: How long will it take for an ATM card to arrive?
A: Typically 1 week. Check your member’s profile -> debit card to make sure it’s requested.
Q: I have received my two micro-deposit amounts, now what?
A: Click on the top right corner where your picture is (or “add photo)
-> Linked Accounts -> Your bank name -> Enter the two amounts
Q: I signed up early last week, but my cheque is still not cleared?
A: There might be a chance your cheque did not meet the specifications. Call 1-877-ZENBANX to double check.
Q: I have now linked my external account. How do I transfer my money?
A: Home page -> Canadian Flag -> +Add Money -> Your bank -> $250
Q: The mobile Android / IOS app is not working!
A: Only Android 4.0 and above will will work. (Not sure about IOS). Just use the desktop website.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
To Sign Up
You can either visit
https://zbc.zenbanx.ca/ from desktop OR Download the app from app store (search for Zenbanx)
Deposit $250 CAD
On Aug 3, convert that to USD at market rate
They will add the difference
For example (using FX at 1.3):
August 3 - convert $250 CAD to USD
Will deposit $192.31 in your US account
Within a couple of days, you will get a deposit of $57.69 USD to that account
So you now have $250 USD
From there you can keep, or convert back to CAD (at 1.3, it's $325)
Then you can withdraw
(zenbanx-exchange-cad-usd-par-again-civi ... st23118857)
----------MOD Edit---------------------
Courtesy of AdamKing
FAQ #2 / Late Comers
Q: It’s now Wednesday! (or Thurs or Fri or Sat or Sun). Is it too late to sign up?!??!
A: No, but you should do it ASAP. It will take 2-5 days for your account to be fully set up. However! As per ZenBanx’s website http://zenbanx.ca/par/
Should your account set-up be delayed due to ZenBanx systems and processes we will still honour this promotion until August 17.
Q: How long will it take???
- How long will it take for micro-deposits to show up??
- How long will it take for my cheques to clear??
- How long will it take to receive my referral bonuses?
A: Typically 2-3 days. They are mostly done in batches. So YMMV.
Q: I see an Account Total on the top for $250, but the Available Balance is still CAD $0.00 and the CAD currencies is also $0.00.
A: Your cheque and transfer has been initiated but not yet cleared.
Q: How long will it take for an ATM card to arrive?
A: Typically 1 week. Check your member’s profile -> debit card to make sure it’s requested.
Q: I have received my two micro-deposit amounts, now what?
A: Click on the top right corner where your picture is (or “add photo)
-> Linked Accounts -> Your bank name -> Enter the two amounts
Q: I signed up early last week, but my cheque is still not cleared?
A: There might be a chance your cheque did not meet the specifications. Call 1-877-ZENBANX to double check.
Q: I have now linked my external account. How do I transfer my money?
A: Home page -> Canadian Flag -> +Add Money -> Your bank -> $250
Q: The mobile Android / IOS app is not working!
A: Only Android 4.0 and above will will work. (Not sure about IOS). Just use the desktop website.
Make sure open an account at least 3 business days BEFORE Aug 3rd. It sometimes takes more than couple of days to process cheque deposit or verifying linked account.
As CAD is going down everyday, it's good promo. When they had same promo on Canada Day, I got $250 into $310 after exchanging it back!
Mod note: NO REFERRAL REQUESTS/POSTS PLEASE. They will be deleted and an offender will get an infraction(s), repeated actions or obvious attempts to break the rules may lead to a ban.
Also, do not solicit people your referral links through PM - Referral Discussion in all forms is prohibited. A first user complaint will be a warning infraction, any further ones will lead to a ban.
If you have received an unwanted PM, report the post or PM a mod and it will get taken care of ASAP.
===========================================
Zenbanx MINI-FAQ
zenbanx-exchange-cad-usd-par-again-civi ... st23118725
BIG FAQ Courtesy of Adamking
Link: zenbanx-exchange-cad-usd-par-aug-3-no-r ... st23153709, zenbanx-exchange-cad-usd-par-aug-3-no-r ... st23176511
:! isclaimer: Thanks dhna1217 (OP) for bringing this promotion to our attention. I am not not employed by ZanBanx or have any connections with them besides being a customer. Please forgive me if any of the info are not 100% accurate. I'll try my best to update this thread.
Setting up
Note: Typically in the afternoon / early evening, members have been reported of problems with the website loading extremely slow. If it doesn't work - try another web browser or come back again in a few hours.
1) Create an account on https://zbc.zenbanx.ca/ or on its mobile app on Android / IOS.
2) Complete the application form including your SIN, and a ID such as driver license or passport.
3) You will now need to "link" your external account. You have two options:
a) Write a cheque of $250 from and to yourself. Upload it with the mobile app.
b) Input your banks info (transit, institution, and account number).
In 2-3 business days, ZenBanx will then make two "micro" deposits into your bank account.
Check what these amounts are, and verity the amount on your ZenBanx's member profile.
You can now transfer money to/from this "linked" account.
4) Make sure you have $250 in your account prior to August 3rd. Or if you want to exchange less - that's okay too.
The Promotion
Details can be found here: http://zenbanx.ca/par/
1) This is the second time ZenBanx is doing this - first was for Canada Day. This time around, will be on August 3rd - Civic Holiday (or whatever you call it in your respective Province)
2) You can transfer a maximum of $250 CAD for $250 USD on par.
3) You will only receive ~$190 USD immediately. Pending market rate.
4) Within a few days, ZenBanx will top off the difference, giving you now a total of $250 USD
Post-Promotion.
It's up to you how you want to spend your money! There's a few options.
1) Keep it in your ZenBanx account in USD and earn a bit of interest rate.
2) Exchange your $250 USD back to CAD at ZenBanx's market rate. This would be approximately $32X.XX CAD give or take.
Either keep it in your ZenBanx account or transfer it back to your linked external account - free of charge.
3) An ATM will be mailed out to you. Typically it takes 1-2 weeks. Maybe longer now.
4) You can use your ATM card in the United States. Details here on fees here:
a) Use it at specific US retailers listed here: as a debit card. No fee.
b) Withdraw USD at ATMS in the United States for a fee of $3.
5) At this time, you can only link your ZenBanx with CAD deposit accounts. So unfortunately you will not be able to transfer the whole $250 USD balance to your bank's USD account.
FAQ's.
Q: Is this bank legit? I never heard of them before.
A: ZenBanx was started by innovators including Arkadi Kuhlmann - the same guy who bought ING Direct (Tangerine) to Canada. ZenBanx is a subsidy of DUCA - DUCA Financial Services Credit Union Ltd.
Q: What's this $1 on my account?
A: As a ZenBanx customer you become a member of DUCA when you open your ZenBanx account. A $1 one-time DUCA membership fee is initially deducted from your account but reimbursed to your account by ZenBanx.
Q: Are my deposits insured?
A: Up to a combined maximum of $100,000 is insured by DICO providing they are in CAD.
Q: What about my $250 USD or foreign funds?
A: No. DICO only cover eligible Canadian dollar deposits held to a maximum of $100,000.
Q: Do I really need to provide my SIN??
A: Yes, by law financial institutions are required to collect a customer's SIN when opening any bank account where the customer earns interest income.
Q: Do I really have to upload a selfie of myself?!
A: No, you can choose to verify your identity by uploading your driver license or passport instead.
Q: My micro deposits still haven't showed up. How long does it take???
A: Typically 2-3 business days. Maybe longer. Patience!
Q: Can I sign up for my whole family and the whole church?
A: Yes, providing they are over the age of 18.
Q: Is there any sign up or monthly fees to this?
A: No. But be aware there is a $25 dormant fee if an account is inactive for over a year.
Q: I have changed my mind, can I close my account?
A: Yes, log into your account. Click on your picture (or "add photo+") at the top right.
You will now see the option to Close Account and Freeze Account.
Q: I'm signing up and stuck at step 3 waiting for a verification code. How long will this take?
A: YMMV depending on the server load. First check your spam folders. Wait a few hours, if you still haven't received it - give them an email at help@zenbanx.ca or call at 877-ZENBANX during their office hours (Mon-Fri 9am-8pm EST) and they will be more than happy to manually generate another code for you.
Q: The shinny $250 USD I received from this promotion! Can I transfer the whole amount to my XY bank or PayPal's USD account to avoid being hit with a conversion rate?
A: No. And at least not at the moment. You're only allowed to link ZenBanx with a CAD deposit account.
Q: It’s now Wednesday! (or Thurs or Fri or Sat or Sun). Is it too late to sign up?!??!
A: No, but you should do it ASAP. It will take 2-5 days for your account to be fully set up. However! As per ZenBanx’s website http://zenbanx.ca/par/
[QUOTE]Should your account set-up be delayed due to ZenBanx systems and processes we will still honour this promotion until August 17.[/QUOTE]
Q: How long will it take???
- How long will it take for micro-deposits to show up??
- How long will it take for my cheques to clear??
- How long will it take to receive my referral bonuses?
A: Typically 2-3 days. They are mostly done in batches. So YMMV.
Q: I see an Account Total on the top for $250, but the Available Balance is still CAD $0.00 and the CAD currencies is also $0.00.
A: Your cheque and transfer has been initiated but not yet cleared.
Q: How long will it take for an ATM card to arrive?
A: Typically 1 week. Check your member’s profile -> debit card to make sure it’s requested.
Q: I have received my two micro-deposit amounts, now what?
A: Click on the top right corner where your picture is (or “add photo)
-> Linked Accounts -> Your bank name -> Enter the two amounts
Q: I signed up early last week, but my cheque is still not cleared?
A: There might be a chance your cheque did not meet the specifications. Call 1-877-ZENBANX to double check.
Q: I have now linked my external account. How do I transfer my money?
A: Home page -> Canadian Flag -> +Add Money -> Your bank -> $250
Q: The mobile Android / IOS app is not working!
A: Only Android 4.0 and above will will work. (Not sure about IOS). Just use the desktop website.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------
To Sign Up
You can either visit
https://zbc.zenbanx.ca/ from desktop OR Download the app from app store (search for Zenbanx)
Deposit $250 CAD
On Aug 3, convert that to USD at market rate
They will add the difference
For example (using FX at 1.3):
August 3 - convert $250 CAD to USD
Will deposit $192.31 in your US account
Within a couple of days, you will get a deposit of $57.69 USD to that account
So you now have $250 USD
From there you can keep, or convert back to CAD (at 1.3, it's $325)
Then you can withdraw
(zenbanx-exchange-cad-usd-par-again-civi ... st23118857)
----------MOD Edit---------------------
Courtesy of AdamKing
FAQ #2 / Late Comers
Q: It’s now Wednesday! (or Thurs or Fri or Sat or Sun). Is it too late to sign up?!??!
A: No, but you should do it ASAP. It will take 2-5 days for your account to be fully set up. However! As per ZenBanx’s website http://zenbanx.ca/par/
Should your account set-up be delayed due to ZenBanx systems and processes we will still honour this promotion until August 17.
Q: How long will it take???
- How long will it take for micro-deposits to show up??
- How long will it take for my cheques to clear??
- How long will it take to receive my referral bonuses?
A: Typically 2-3 days. They are mostly done in batches. So YMMV.
Q: I see an Account Total on the top for $250, but the Available Balance is still CAD $0.00 and the CAD currencies is also $0.00.
A: Your cheque and transfer has been initiated but not yet cleared.
Q: How long will it take for an ATM card to arrive?
A: Typically 1 week. Check your member’s profile -> debit card to make sure it’s requested.
Q: I have received my two micro-deposit amounts, now what?
A: Click on the top right corner where your picture is (or “add photo)
-> Linked Accounts -> Your bank name -> Enter the two amounts
Q: I signed up early last week, but my cheque is still not cleared?
A: There might be a chance your cheque did not meet the specifications. Call 1-877-ZENBANX to double check.
Q: I have now linked my external account. How do I transfer my money?
A: Home page -> Canadian Flag -> +Add Money -> Your bank -> $250
Q: The mobile Android / IOS app is not working!
A: Only Android 4.0 and above will will work. (Not sure about IOS). Just use the desktop website.