CAD -> USD cash
I'd like to norbert gambit it into usd
But, my issue is how to keep that money in usd and use it in US, without converting it back to CAD and pay foreign exchange fees?
What solution is available for Canadian that is cost effective to own have a usd account and usd credit card. Cheapest close to nothing. Paying monthly fees or high fees per transaction is something I'd like to avoid to maximize the value of the money
Also, is questrade allow us to transfers usd currency to a Canadian usd account without converting it to cad, then when the money is in the canadian bank, the bank convert it back to usd?
Lot's of conversion is gonna cost way too much, just to converting currency back and forward.